CapitalHeight Opportunities Investing in Gold and the Private Equity Market.


Resident Ram Nath Kovind has given his assent to a Bill that will deter fugitive economic offenders from evading the legal process in India and fleeing the country.
   For 2 Days Free Trial Click here: CapitalHeight.
     The government will soon invite fresh bids for a 100 per cent stake sale in Pawan Hans as ONGC i ready to sell its entire stake in the company, an official said. Helicopter services provider Pawan Hans is a joint venture between the government, which holds 51 per cent stake, and state-owned ONGC, which owns the remaining 49 per cent. HDFC AMC listed at approx. 60% premium.
   Shares of Britannia Industries gained 1.6 percent on the back of strong June quarter numbers. The company has reported June quarter consolidated profit growth of 19.4 percent year-on-year to Rs 258.1 crore with double digit volume growth. Profit in the first quarter of last year was at Rs 216.1 crore.
   HDFC Asset Management Company (HDFC AMC) took its strong market debut forward as shares climbed 66 per cent to hit a high of Rs 1,832 on the BSE today. The Rs 2,800-crore initial public offering (IPO) ran on July 25-27 and was subscribed 83 times. This was strikingly similar to the response received by the issue of peer firm Reliance Nippon Asset Management for its Rs 1,542 crore issue last year which had listed at 17 per cent premium.
For Expert Advice Click here: Stock to Watch.
Location: India

Comments

Post a Comment

Popular posts from this blog

Making Your First Investment in the Stock Market Through CapitalHeight.

Image
    Lupin received tentative approval from the US health regulator for its Tadalafil tablets, indicated for treating erectile dysfunction and prostate gland enlargement. The clearance from the United States Food and Drug Administration (USFDA) is for marketing Tadalafil tablets in strengths of 2.5 mg, 5 mg, 10 mg, and 20 mg, in the US, Lupin said in a statement. The product is a generic version of Eli Lilly and the company's Cialis tablets in the same strengths, it added.      For Expert Advice Click here: CapitalHeight .         Shares of Hindalco lost around 8 percent afternoon after reports emerged that it is likely to acquire Aleris for USD 2.5 billion. According to sources the company and its Canadian arm, Novelis, is in process of raising debt for the said deal. Investors may have taken note of this point as the firm already has a consolidated net debt of Rs 40,000 crore. Further, the report added that the companies agreed on terms of the deal last week.Hindalco
Read more

Stock market news | Today's business and financial news by CapitalHeight.

Image
Tata Power Company has reported consolidated Q1FY19 net profit at Rs 1,769 crore, which includes one-time gain on sale of its investments of Rs 1,897 crore. The company had posted net profit of Rs 391 crore in the same quarter last fiscal. Revenue of the company was up 14 percent at Rs 7,313 crore against Rs 6,415 crore. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was down 8.5 percent at Rs 1,771 crore and margin was down 600 bps at 24.2.      For Expert Advice Click here: CapitalHeight .         Larsen & Toubro (L&T) rose 2 percent in the opening trade on Thursday on the back of robust numbers declared by the company in the quarter ended June 2018 (Q1FY19).The company posted a 13.8 percent year-on-year (YoY) increase in consolidated net profit at Rs 1,213 crore, beating analyst estimates driven by order inflow growth in infrastructure, heavy engineering and hydrocarbon segments. Profit for the same period last year was Rs 1,065.54 crore
Read more

Stop Losses - An Important Part of Stockmarket Trading by CapitalHeight.

Image
Bajaj Auto lost around 8 percent on Friday afternoon as investors turned wary of its results that the company declared. The stock touched an intraday high of Rs 3,152.45 and an intraday low of Rs 2,864.00.India's third largest two-wheeler maker missed analysts' expectations by reporting a 20.7 percent year-on-year rise in its standalone net profit for the quarter ended June. The company's net profit came in at Rs 1,115.23 crore.     For 2 Days Free Trial Click here: CapitalHeight .     The initial public offering (IPO) of TCNS Clothing was subscribed over 2.08 times on Day 3 of bidding so far. The IPO, to raise Rs 1,125-crore, received bids for 2.29 crore shares against the total issue size of 1.09 crore shares, data available with the NSE as of 11:45 am showed. The portion set aside for qualified institutional buyers (QIBs) was subscribed 7 times, non-institutional investors 0.11 times percent and retail investors at 0.12 times. Price band for the offer h
Read more