STOCKS


Moneylife Digital Team 13 August 2022
The major indices continued to rally this week. Sensex and Nifty were up almost 2% following strong gains in the US and rising inflows by Foreign Institutional Investors.     On Monday 58 securities advanced and closed at new 52 week high whereas 21 securities sank to close...

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Moneylife Digital Team 13 August 2022
INDIAN MARKET TRENDS   From 5th August to 12 August 2022, the Sensex, the NIFTY and ML Mega-cap Index rose 2% each. ML Large-cap Index and ML Small-cap Index rose 1% each. ML Mid-cap Index ML Micro-cap Index ended flat.        FUND FLOWS Foreigners:...

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Full Edition
Moneylife Online Magazine
Lead Article
REGULATIONS
Sucheta Dalal , 14-August-2022
It is over two weeks since Zee Business channel’s investigative report...

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Moneylife Digital Team 12 August 2022
Proxy advisory firm Institutional Investor Advisory Services (IiAS) has advised shareholders of One 97 Communications Ltd (Paytm) to vote against the re-appointment of Vijay Shekhar Sharma as Managing Director and Chief Executive Officer (MD&CEO) for the next five years and not to approve...

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Moneylife Digital Team 12 August 2022
On Friday, the indices opened flat and ended in green. On the National Stock Exchange (NSE), advance decline ratio was at 1.11 indicating continuous positive sentiment.   The trend of the major indices on Friday’s trading are given in the table below:     On NSE, 46...

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Moneylife Digital Team 11 August 2022
Barbeque Nation (BBQ) reported the highest-ever revenue in the history of the company in Q1FY22-23. On a sequential basis, sales were up by 25.49% to Rs315 crore, driven by strong volume and average realisation. Also, profitability was good, despite an inflationary environment. Gross margin...

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Moneylife Digital Team 11 August 2022
Syrma SGS Technology Ltd (SSTL) is into turnkey electronics manufacturing services (EMS) specialising in precision manufacturing for industrial appliances, automotive, healthcare, consumer products and information technology (IT) industries. SSTL primarily follows a ‘high-mix / low-volume’...

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Moneylife Digital Team 11 August 2022
Gokaldas Exports Limited (Gokaldas) came out with a good set of quarterly results, despite the headwinds. We covered Gokaldas, one of the best vertically integrated fibre-to-fashion textiles players, in detail here. Gokaldas is one of India’s leading apparel exporters with an annual capacity...

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Moneylife Digital Team 11 August 2022
Apar Industries (Apar) reported yet another record quarter, with sales above the Rs3,000-crore mark. In Q1FY22-23, sales jumped 71% year-on-year (y-o-y) to Rs3,093 crore, driven by volume growth and price increases across segments. Export revenue was up 76% y-o-y contributing around 42% to...

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Moneylife Digital Team 11 August 2022
We had mentioned in Wednesday’s closing report that Nifty and Sensex at resistance zone. On Thursday, the indices opened gap up, and ended with gain.   On the National Stock Exchange (NSE), advance decline ratio was at 1.17 indicating positive sentiment across broader...

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Moneylife Digital Team 10 August 2022
NIIT Ltd (NIIT) declared results for Q1FY22-23. We had covered NIIT in detail here earlier. NIIT is a skills and talent development company that builds a manpower pool for global business requirements. It has two main business segments: CLG (corporate learning group) and SNC (skills and...

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Moneylife Digital Team 10 August 2022
Schaeffler India Limited, covered in detail here, came out with good quarterly numbers. Schaeffler (erstwhile FAG Bearings) supplies critical components to the automotive and industrial sectors. It has a presence through three famous product brands—FAG (Fischer’s Aktien Gesselshaft), INA and...

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Moneylife Digital Team 10 August 2022
Despite a challenging macro-environment involving geo-political situation in Europe and lock-down in China, Sona BLW Precision Forgings (Sona) managed to clock highest quarterly revenue of Rs589 crore, registering a growth of 18% y-o-y (year-on-year). This is against the backdrop of global...

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Electric vehicle company Tesla CEO Elon Musk has sold 7.92 million shares of the company worth around $6.88 billion, media reports say.   Musk's transactions occurred between August 5 and August 9, the US Securities and Exchange Commission (SEC) filings revealed, following Tesla's...

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Moneylife Digital Team 10 August 2022
On Wednesday, the indices opened gap up and ended flat. On the National Stock Exchange (NSE), advance decline ratio was at 0.8, indicating more stock ending in negative after today’s trade. The trend of the major indices on Wednesday’s trading are given in the table below:  

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Moneylife Digital Team 09 August 2022
Ujjivan Small Finance Bank (USFB) is a subsidiary of Ujjivan Financial Services (UFS), a Bengaluru-based microfinance company registered as non-banking financial company-micro finance institution (NBFC-MFI) with the Reserve Bank of India (RBI). UFS had been operating in the micro finance...

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Moneylife Digital Team 09 August 2022
Century Ply (Century) reported gross quarterly revenue of Rs881 crore, down 1.56% quarter-on-quarter (q-o-q) but up 96.21% year-on-year (y-o-y). Operating profit was Rs145 crore—down 9.93% q-o-q but up 139.34% y-o-y and net profit was Rs96 crore up 5.49% q-o-q and 182% y-o-y. Even though raw...

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Moneylife Digital Team 08 August 2022
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) reported out-of-the-park numbers in Q1FY22-23. Top-line registered an exceptional growth of 59% y-o-y (year-on-year) and 51% q-o-q (quarter-on-quarter) to Rs3,031 crore. This was on account of strong pricing environment in the TAN...

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Moneylife Digital Team 08 August 2022
In Q1FY22-23, PI Industries (PI) reported strong revenue growth of 29% y-o-y (year-on-year) to Rs1,543 crore, backed by 42% y-o-y growth in CSM (custom synthesis manufacturing) segment. The rise in CSM business was on the back of volume growth of 30% y-o-y, due to ramp-up of newer molecules...

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Moneylife Digital Team 08 August 2022
Laurus Labs’ (Laurus) Q1FY22-23 results instilled confidence in investors regarding its target of achieving US$1bn (billion) in sales in FY22-23. It delivered a revenue growth of 20% y-o-y (year-on-year) to Rs1,539 crore, driven by stellar growth in custom synthesis division. API (active...

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Moneylife Digital Team 08 August 2022
On Monday, the indices opened flat and ended with gain. On the National Stock Exchange (NSE), advance decline ratio was at 1.25, indicating positive sentiment in broader markets.   The trend of the major indices on Monday’s trading are given in the table below:     On...

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