Showing posts with label Stock Recommendation. Show all posts
Showing posts with label Stock Recommendation. Show all posts

Tuesday 6 February 2018

Tata Chemicals Q3 profit rise 3-fold to Rs.759 crore


Stock tips
Tata Chemicals Limited, an Indian global company with interests in chemicals, on Tuesday posted about 3-fold jump in consolidated net profit at Rs. 759.07 crore during the third quarter (Q3) of this fiscal on gains from its North American business.

Tata Chemical’s net profit had stood at Rs. 263.63 crore in the same period of corresponding year, it said. Total income increased marginally to Rs. 2,591.07 crore in the Oct – Dec period of 2017-18 fiscal from Rs. 2,524.44 crore in the year-ago period.


 Shares of Tata Chemicals closed down by 1.99% to settle at Rs. 682.95 on the BSE, while on NSE shares closed down by 1.33% at Rs. 686.20

Wednesday 10 January 2018

Newgen Software launches Rs. 400 crore IPO on 16 January



IPO watch, stock market news, stock to watch, Best Stock Tips by Expert, Stock Recommendation, Top Advisory, Advice by Moneymaker Indore,
Newgen Software Technologies Limited has said that it will launch an initial public offering (IPO) on 16 January to raise over Rs. 400 crore. The company has fixed a price band of Rs. 240-245 per share. The IPO comprises a fresh issue of shares worth Rs. 95 crore and an OFS of 13.45 million shares by existing venture capital investors. The IPO closes on 18 January. At the upper end of the price band, the offer will collectively bring in the company and the exiting investors around Rs. 424.6 crore.
Venture capital investors sell their stakes include Ascent Capital, IDG Ventures and SAP Ventures. Ascent Capital is selling its entire 11.42% stake in Newgen, while IDG is selling 4.57% and SAP Ventures’ 3.31%.

Investment banks ICICI Securities Ltd, IDFC Bank Ltd and Jefferies India Pvt Ltd are managing the Newgen share sale.  Newgen Software Technologies’ IPO will be the second initial share sale this year.

Friday 15 December 2017

Rupee climbs to 64.11 on exit poll findings win for BJP in Gujarat, Himachal Pradesh

Rupee, Money, Stocks, Stock market update, Stock recommendation, Best stocks, Top Advisory, Money Maker Research, Gujrat Poll, Exit Poll
According to the exit poll findings released yesterday, the BJP is set to keep up Gujarat and Himachal Pradesh from the Congress. This led to zoom the stock market to a great extent, impacting in turn the rupee sentiment.
The dollar lost some influence against the euro after the ECB left its policy rates and stimulus measures unharmed. The Bank of England also retained key interest rates unchanged.
The Indian currency jumped by 23 paise to 64.11, whereas bond yields edged lower in the morning after the exit polls indicated the country's ruling alliance would triumph elections in Modi’s home state but caution remained ahead of the actual results.
The benchmark Ten-year bond yield was down 1 bps at 7.12%, while the partially convertible rupee was at 64.15/dollar, with reference to its previous close of 64.34.

Meantime, in the opening stock trade Friday, the BSE Sensex barometer shot up 358.11 points to 33,605.11 while the NSE Nifty soared 110.20 points to 10,362.30.

Thursday 30 November 2017

Future Supply Chain Solutions come out with IPO on Dec 6

Stock trading tips, IPO market, Money Maker Research, Best stock tips, Stock in focus, Stock news

Future Supply Chain Solutions (FSC) Ltd,  on Wednesday announced that it will hit the capital markets on December 6 with an IPO of up to 97,84,570 equity shares of face value of Rs. 10 each for cash.

The price band of the issue is fixed from Rs 660 - Rs 664 per equity share.  The issue has on offer equity shares for sale of upto 78,27,656 of Griffin Partners Limited and upto 19,56,914 of the Future Enterprises Ltd’s promoter.

CLSA India, Edelweiss Financial Services, IDFC Bank, IIFL Holdings Nomura, and YES Securities are the bankers to the issue.


Future Supply Chain Solutions Limited is one of India’s largest organized third-party supply chain & logistics Service Company offering automated and IT-enabled ware-housing, distribution & other logistics solutions across India.

Wednesday 25 October 2017

PSU Bank stocks rise as Jaitley’s announcement of Rs 2.11 lakh cr bank recapitalization plan

SBI, Banking stock, Money Maker Research, Stock tips
The government has announced motivated plans for bank capitalization to enhance the economy, stimulate investments and generation of jobs, together with a highway construction project. Stocks of PSU banks picked momentum on Wednesday following govt’s plan to recapitalize the lenders with a huge capital size of Rs 2.11 lakh crore.
SBI rallied 19.57% to Rs 304.30, Union Bank of India up 20.37% to Rs. 158.10, PNB 29.94% to Rs. 179.45, OBC up 15.44% to Rs. 137.20 and Bank of Baroda at 23.09% to Rs. 176.20.

FM  Arun Jaitley on 24 October 2017, said that the cabinet has sanctioned Rs. 1.35 lakh cr for India’s public banking system from recap bonds, of the total approved 2.11 lakh cr. The Bonds are used as payment for the shares bought by the govt for those banks which are below par in a bid to raise their capitals. 

Wednesday 9 August 2017

DR Reddy & Reliance Capital Future Technical View By Stocks Expert

Mr. Vivek Rana  (Research Head) of MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD is having a view that one can go long in Relcap Future and short Dr Reddy Future.

DR. REDDY FUTURE- is looking weak on Daily Charts. We can expect it to further tumble to levels around Rs 1980 zones; keep stop loss above Rs 2100."

RELCAPITAL FUTURE -  has seen a good up move for a couple of days. It has seen a good up move yesterday as well; it can climb to levels closer to Rs 840 zone, keep stop loss below Rs 760."

Share it