Corporate Eye

 
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Going beyond the headline to connect directly with the companies that are the buzzing stock movers on Dalal Street.


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Exclusive - KRBL shoots up 19% in one week

Jul 19 2017

July 19: “Have reduced basmati rice prices by 2-2.5% post GST implementation,” says Anoop Gupta, Joint MD at KRBL on impact of GST on his company.

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$3 billion liability on ONGC, RIL

Jul 18 2017

July 18: Reports indicate oil & gas majors ONGC and Reliance Industries face potential liability of 3 billion as the companies lose an arbitration against the Government. What does this mean for the individual stocks? Samina Nalwala and Piyush Jain of BTVi discuss this with Sudeep Anand, Head of Institutional Research at IDBI Capital Markets.

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Nalco surges 10% in July

Jul 17 2017

July 17: Alumina prices have increased by more than 10 per cent since low of USD 276 per tonne touched in May 2017. How has that benefited your realization prospects in June quarter and July month? To discuss the same, Hiral Desai of BTVi spoke to TK CHAND, CMD at Nalco.

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Symphony: What's the buzz?

Jul 12 2017

July 12: Hiral Desai of BTVi caught up with Achal Bakeri, CMD at Symphony to discuss the recent buzz in company’s stock.

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Oil Min: ONGC-HPCL to merge in FY18

Jul 12 2017

July 12: Oil Minister Dharmendra Pradhan confirmed that the ONGC-HPCL merger would be completed by 2017-18. To discuss this in detail, Hiral Desai and Piyush Jain of BTVi spoke to Narendra Taneja, Energy Expert.

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Sugar import duty hiked to 50%

Jul 11 2017

July 11: Sugar stocks zoom ahead as Government hikes import duty to 50 per cent to support domestic prices. Industry body ISMA says there could be some relief on margins for debt laden sugar companies. To discuss this in detail, Hiral Desai of BTVi spoke to M Manickam, Executive Chairman at Sakthi Sugars.

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Disruption due to software issues: NSE

Jul 10 2017

July 10: The National Stock Exchange is shut for trade in both cash and F&O segments after a data glitch. Trading on NSE remains indefinitely suspended after a second attempt to restart trade fails. To discuss this in detail, Navneet Saluja and Piyush Jain of BTVi spoke to Kirit Somaiya, Investor Grievances Forum.

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Data glitch persists on NSE

Jul 10 2017

July 10: The National Stock Exchange is shut for trade in both cash and F&O segments after a data glitch. Trading on NSE remains indefinitely suspended after a second attempt to restart trade fails. To discuss this in detail, Hiral Desai and Piyush Jain of BTVi spoke to Gaurang Shah of Geojit Fin Services and Dipan Mehta, Member of BSE.

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Crisis hits India’s largest exchange

Jul 10 2017

July 10: National Stock Exchange of India has shut trading in the futures & options segment and there has been no intimation from the exchange about re-opening. To discuss further, Hiral Desai of BTVi spoke to Ashish Chauhan, MD & CEO at BSE.

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Kaveri Seed buyback from today

Jul 10 2017

July 10: Kaveri buyback opens for subscription on Monday. The company plans to buyback over 29.62 lakh shares at Rs 675/share. To discuss this in detail, Hiral Desai of BTVi caught up with G Vijay Kumar, CFO at Kaveri Seed.

Indian Markets

 
  • SENSEX

    32,028.89 124.49   (0.39 %)
  • NIFTY

    9,915.25 41.95   (0.42 %)

Global Markets

 

Stocks In News

 

IDBI BANK

Mint Reports:

Steps up sale of non core assets

Seeks to offload 5% in CCIL to strengthen its weak capital base

Aiming to garner Rs 5,000 Cr through such sales

In June, the Bank sold 2.5% stake in CCIL

 

ABG SHIPYARD

Agrees to go ahead with insolvency proceedings

JAYPEE INFRA

Business Standard Reports:

NCLT gave Jaypee Infratech time till 4 Aug

To respond to a petition of insolvency filed by IDBI Bank

Company owes Rs 4000 Cr to IDBI, total dues to all banks are Rs 9,365 Cr

COAL INDIA

Business Standard Reports:

NCLT has stayed rulings by the Competition Commission Of India

Coal India had abused it's dominant position

In framing fuel supply agreements with Gujarat Heavy Chemicals and MP Power Generating Company

JSW CEMENT

Plans to double output in 3 years

Indigo

Economic Times Reports:

Promoters plan stake sale to meet norms

Indigo is planning an institutional share sale

The sale aims at cutting its owners stake to achieve min public shareholding of 25%

The company must sell 10.85% stake worth Rs 4900 Cr

BAJAJ AUTO

Economic Times Reports: May join KTM in race to buy Ducati

Bajaj owns 48% stake in KTM

KTM is said to be closing on the European brand

ONGC- HPCL UNION

FM to head panel for ‘Quick Decisions’ on ONGC- HPCL Union

Nitin Gadkari, Dharmendra Pradhan to assist Jaitley in taking calls on timing and pricing of deal

ICICI BANK

Financial Express Reports:

Opposes Ramasarup insolvency petition at NCLT

First time a bank opposes a defaulters initiation to insolvency

ICICI Bank exposure stands at Rs 70 Cr

V- MART

GMO buys 2.9 Lk shares of V-Mart Retail at Rs 1,143 Per Share

Fidelity sells 4.4 Lk shares

 

BYKE HOSPITALITY

Wasatch buys 6 Lk shares of Byke Hospitality at Rs 190 Per Share

Wasatch already owns over 17 Lk shares in the company

GRAPHITE INDIA

Morgan Stanley buys 12 Lk shares of Graphite India at Rs 196.4 Per Share

FOOTWEAR STOCKS IN FOCUS

Economic Times Reports:

Rs 2600 Cr incentive package for leather sector likely soon

Incentive package to boost exports and job creation

Package has already been approved by the expenditure finance committee

RALLIS INDIA LTD

Monetises investment in Advinus for Rs 17.3 Cr

WELSPUN CORP

Bags order for supply of 1 Lk MT Pipes

Current order book crosses 699K MTs Pipes

Order book worth Rs 4200 Cr

BHARTI AIRTEL

Allegations made by RJio regarding Airtel Earning Excess Revenue is false

Industry cost for bill & keep regime with Zero Mobile Terminated Charge (MTC) will be Rs 15-20,000 Cr

Zero MTC will allow Jio to price services in a predatory manner

Jio wants Zero MTC for transferring cost to Airtel and other operators

TRAI's MTC of 14 Paise is below current cost of 35 Paise per minute

Airtel looses Rs 550 Cr Per Quarter due to under pricing of MTC

BALAJI TELEFILMS

To issue 2.52 Cr shares to RIL for Rs 413 Cr at Rs 164/Share

Deal values Balaji Tele at Rs 1600 cr

RIL picks up 24.9% stake in the Co

JP ASSOCIATES

Rakesh Jhunjhunwala Picks Up 1.03% Stake In Jaiprakash Associates in Q1

Jaiprakash Associates up 178% in 2017

STERLITE TECH/ HFCL/ AKSH OPTIFIBRE

Telecom Officials: Expect to award work for BharatNet Phase II by October-End

State-Run, Private Players expected to bid for BharatNet Phase II

JET AIRWAYS

Sources To Reuters: To cut pay of junior pilots by 30-50% from Aug 1

Jet has asked junior pilots to take 30% cut in their salaries or leave the organization

Jet is facing pressure on profitability

Pilots will be offered 10 days leave and will be paid for only 20 days in a month

MAHINDRA CIE: Q1FY18 REVIEW (YOY)

Sales up 12.2% at Rs.503 Cr Vs 448 Cr

EBITDA up 4% at Rs46.6 Cr Vs Rs 44.7 Cr

EBITDA Margins down 70bps at 9.2% Vs 9.9%

Net Profit up by 54% at Rs 17 Cr Vs Rs 11 Cr

ZENSAR TECH: CONSOL REVIEW Q1FY18

Sales up 5% at 756.91 Cr Vs Rs 720.51 Cr QoQ

EBITDA up 166% at Rs 95.04 Cr Vs Rs 35.71 Cr QoQ

EBITDA margins at 12.5% Vs 5% QoQ

Net Profit up 348% at Rs 48.08 Cr Vs Rs 10.73 Cr QoQ

RBL BANK: Q1FY18 REVIEW(YOY)

Net Profit up 44.87% at Rs.141 Cr Vs Rs.97.34 Cr

NII up 54.66% at Rs.378 Cr Vs Rs.244 Cr

GNPA Ratio at 1.46% vs 1.2% QoQ

NNPA Ratio at 0.81% Vs 0.64 % QoQ

CUPID LTD: Q1FY18 RESULTS REVIEW (YOY)

Revenue up by 21% at Rs 19 Cr Vs Rs 16 Cr

EBIDTA up by 13% at Rs. 6.58 Cr Vs Rs.6.41 Cr

EBIDTA Margin down by 700 bps at 33.5% Vs 40%

Net Profit up by 12.86% at Rs 4.3 Cr Vs Rs 3.8 Cr

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