B C Power Controls: Outcome of AGM

B C Power Controls has informed that the 6th Annual General Meeting (AGM) of the Company was held on September 11, 2014.

To read the full report click here

14.02 | 0 komentar | Read More

ICVL Chemicals: Outcome of board meeting

ICVL Chemicals at its meeting held on September 12, 2014, has considered and approved the allotment of equity shares on preferential basis, subject to the ratification of complete list of allottees along with the names of ultimate beneficial owners representing Body Corporates and HUFs.

ICVL Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 12, 2014, has considered and approved the allotment of Equity shares on Preferential basis, subject to the ratification of complete list of allottees along with the names of ultimate beneficial owners representing Body Corporates and HUFs, in the ensuing General Meeting, before seeking listing of said shares at Bombay Stock Exchange.Source : BSE

Read all announcements in ICVL Chemicals

14.02 | 0 komentar | Read More

Oracle Financial Services: Outcome of AGM

Oracle Financial Services Software has informed that the 25th annual general meeting (AGM) of the company was held on September 12, 2014, under Clause 35A.

Oracle Financial Services Software Ltd has informed BSE that the 25th Annual General Meeting (AGM) of the Company was held on September 12, 2014, under Clause 35A.Source : BSE

Read all announcements in Oracle Fin Serv

To read the full report click here

14.02 | 0 komentar | Read More

Buy Oracle Financial Services 3700 Call: VK Sharma

VK Sharma of HDFC Securities recommends buying Oracle Financial Services 3700 Call.

VK Sharma of HDFC Securities told CNBC-TV18, "Multinationals across all the industries are doing well and in IT, Oracle Financial Services Software  is one stock which is a possible delisting candidate at some point of time but that is not the reason why I am recommending it now."

"The stock is at a life time high and position that it has added yesterday is 5 percent and more importantly options have now started becoming liquid. So buy 3,700 Call which was available at around Rs 70 with a stoploss of Rs 50 and hope to sell this around Rs 120. The
lifetime high process will continue for a while in the current series," he said.

14.02 | 0 komentar | Read More

VK Sharma advises bull spread in Indraprastha Gas

VK Sharma of HDFC Securities recommends a bull bull spread in Indraprastha Gas wherein one can buy 410 Call and sell the 430 Call.

VK Sharma of HDFC Securities told CNBC-TV18, " Indraprastha Gas (IGL) is a clear-cut beneficiary of the government. This company is going to make money and it is very evident in the current series, it has gone up by 10 percent and Open interest (OI) also has been added by 30 percent."

"My strategy would cap the gains at around Rs 430 or so, so I am suggesting a bull spread here. You can buy the 410 Call and sell the 430 Call, your cost would come to Rs 16 and may be you can make a profit of Rs 14," he said.

14.02 | 0 komentar | Read More

Expect downward move in gold: Astromoneyguru

According to Ajay Jain, CEO of astromoneyguru.com, gold may see further downward move in next few trading days in the commodity market.

As per Ajay Jain, CEO of astromoneyguru.com September 12 is represented by planet known as Jupiter and year 2014 represented by planet Ketu.

As per astro economics, combinations of Jupiter and Ketu are known for highest volatility in global commodity market. As per astro economics, gold has seen highest volatility and profit booking in Indian and international commodity market. Gold is trading at almost levels of 2010.

As per Ajay market theory, gold may see further downward move in next few trading days in the commodity market. Short term traders may keep away from gold for sometime.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

14.02 | 0 komentar | Read More

Get in Coal India, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends entering Coal India.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "With a disclosure that I own Coal India , I would think that this is a good price to get in but you have to be willing to let it go down because we have no control over it. At current prices, if you are positioned trader, looking at a two-three months position, this is a good price."

At 12:20 hrs Coal India was quoting at Rs 361.95, down Rs 11.90, or 3.18 percent. It has touched an intraday high of Rs 374.60 and an intraday low of Rs 360.40.

14.02 | 0 komentar | Read More

Sensex struggles at 27000; GSFC, HOEC most active on BSE

12:00

Moneycontrol Bureau 12:20pm Nikkei Check

Japan's Nikkei share average rose to an eight-month high as the weak yen lifted sentiment and a meeting between the central bank governor and prime minister boosted expectations of additional easing in the long-term.

The Nikkei climbed 0.8 percent to 15,909.20, the highest closing level since Jan. 10. The broader Topix hit a six-year high, rising 0.3 percent to 1,311.24.

Bank of Japan Governor Haruhiko Kuroda said he told Prime Minister Shinzo Abe that the central bank will not hesitate to ease policy further if its 2 percent inflation goal becomes difficult to achieve.

But he also told Abe that a positive economic cycle in Japan is firmly in place, suggesting there is no immediate need to act, reports Reuters.

12:00pm Equity benchmarks remained under pressure in noon trade with the Sensex declining 93.44 points to 26963.97 and the Nifty falling 21.45 points to 8072.65 whereas the BSE Midcap and Smallcap indices gained around a percent.

Sun Pharma retained its top position in the selling list, down 4 percent on USFDA's surprise audit at its Halol facility in Gujarat. Coal India, ONGC and NHPC fell 2-4 percent after the Cabinet Committee on Economic Affairs on Wednesday approved stake sale in these companies.

Tata Motors declined nearly a percent on reporting 11 percent degrowth month-on-month in August sales by Jaguar Land Rover. Shares of M&M, Wipro, HDFC Bank, TCS, Reliance Industries, Cipla, Dr Reddy's Labs, Maruti, Bajaj Auto and GAIL shed 0.3-1.5 percent.

However, HDFC, SBI, HUL, Axis Bank, L&T, Hero Motocorop, NTPC and Hindalco Industries bucked the trend up 0.3-1.3 percent.

HOEC (up 17 percent), Sun Pharma, SBI, GSFC (up 20 percent), SKS Microfinance, Bharti Airtel, IDFC and HDFC were most active shares on exchanges.

14.02 | 0 komentar | Read More

Govt does not wish to fully exit Coal India: Piyush Goyal

At current market valuations, Coal India divestment would fetch the exchequer Rs 23,600 crore.

Coal India  is down over 2 percent in trade Thursday as Cabinet Committee on Econimic Affairs (CCEA) approves 10 percent divestment in Coal India. Speaking at the Economist India Summit 2014 power & coal minister Piyush Goyal said that the government does not intend to fully exit Coal India and the Supreme Court's decision on the coal allocation issue will help re-orient the state-owned coal miner.

The minister also said that Coal India disinvestment decision is not a half measure and the government does not wish to fully exit the company.

At current market valuations, Coal India divestment would fetch the exchequer Rs 23,600 crore.

However, an immediate roadblock to stake sale emerged after it was learnt that five unions of Coal India have expressed their opposition to the divestment in the company. Sources told CNBC-TV18 that the unions have decided to go on a 'work to rule' protest between September 18 and 20 (under work-to-rule, employees report to work only to do specific, important jobs) and may decide to go a strike from September 21 if the government does not take back its decision.

Meanwhile, Goyal also said that widening gap between fuel and generation is the biggest challenge and there will be a resolution to the gas price soon. 

14.02 | 0 komentar | Read More

Bharat Gears: Updates on outcome of AGM

Bharat Gears Ltd has submitted to BSE a copy of the minutes of the Annual General Meeting (AGM) of the Company held on August 01, 2014.

To read the full report click here

14.02 | 0 komentar | Read More