| | |
06:52 pm : Flashes: Coal & Power Ministe: Expect Committee On UMPP To Submit Final Report By FY-end
06:51 pm : Flashes: Coal & Power Ministe: Will Make Sure Planned 5 UMPPs Get Timely Approvals
06:51 pm : Flashes: Coal & Power Ministe: All New UMPPs Will Get Handholding From The Govt
06:50 pm : Flashes: Coal & Power Ministe: Have Plans For UMPPs In Bihar & Jharkhand
06:50 pm : Flashes: Coal & Power Ministe: Will See Gradual Phase-out Of Exemptions
06:46 pm : Flashes: PM Said Any Positive Suggestion On Land Acqn Will Be Acted Upon
06:46 pm : Flashes: MoS Finance: Road Projects Can Be Jump-started Immediately With EPC
06:45 pm : Flashes: MoS Finance: Looking At Differential Voting Rights For PSU Bank Boards
06:45 pm : Flashes: MoS Finance: Looking At Innovative Instruments For Reinvigorating PSU Bank Boards
06:44 pm : Flashes: MoS Finance: Bank Bureau Will Be An Autonomous Body & Select Bank Chiefs
06:43 pm : Flashes: MoS Finance: Trying To Pass Constitutional Amendment To GST In This Session
06:43 pm : Flashes: MoS Finance: Can See Movement In Many Stalled Projects
06:42 pm : Flashes: MoS Finance:Govt Infra Investments Will Improve Rail Network
06:41 pm : Flashes: MoS Finance:Will Start Allocating Gross Budgetary Support Of Rs 70,000 Cr Immediately
06:40 pm : Flashes: Rs 70,000 Cr Divestment Target For FY16 Is Ambitious: :Divestment Secy
02:27 pm : Interpretations: 10% TDS introduced for PF withdrawal before 5 years
02:14 pm : Interpretations: Buyback tax up from 22.66% to 23.07% for unlisted companies
02:11 pm : Interpretations: Specific mutual fund service tax exemption withdrawn

click to view all

  • Most Active By Value

    Name Price %Change Value (Cr)

    Most Active By Volume

    Name Price %Change Contracts
  • Top Gainers

    Name Price %Gain OI %Chg

    Top Losers

    Name Price %Loss OI %Chg
  • Highest OI

    Name Price %Change OI

    Lowest OI

    Name Price %Change OI
  • Active Calls

    Name Price %Change Shares

    Active Puts

    Name Price %Change Shares
  • Most Active By Value

    Name Price %Change Value

    Most Active By Volume

    Name Price %Change Volume
  • Top Gainers

    Name Price %Gain OI

    Top Losers

    Name Price %Loss OI
  • Highest OI

    Name Price %Change OI

    Lowest OI

    Name Price %Change OI
  • Top Commodities

    Name Price %Change OI
  • Stocks Current value change %change
  • Stocks Last Visited

    Stocks Current value change %change
  • Company Price Rating Recommendation

click to view all

sripsn | 5 min 37 sec

harsh3170 | 1 hr 35 min 20 sec

krish3378 | 1 hr 41 min 26 sec

ACHINTO | 2 hrs 3 min 28 sec

empowertheloser | 2 hrs 37 min 14 sec

Dear Ram, many thanks for pointing out that the warning letter has been posted on FDA site. I have gone through the letter thoroughly and it is very very serious. Wonder why Dr Reddy could not post it on their website and also detailed action plan updated daily on how they would be resolving it. I had last week gone through the Delaware court`s order and that was also appearing very seriously adverse for Dr Reddy. While they and their advisors have been childish in assuming they would get away with imitating AZ`s purple pill as they do in India, the FDA letter shows that the rut has gone deep into the psyche of their team. The number of instances quoted by the FDA shows a deep rooted malaise in controls which can only be a result of extremely casual, indifferent, and I don`t give a damn to FDA attitude. Perhaps it is a result of increasing arrogance on increase in sales and profits, but they forget that they are significantly smaller than some of the big players. Some of these observations are carried on since 2008 (just imagine) and most of them clearly show an utter disregard for controls and procedures. Their explanations over the years have been quite amateurish. It appears quite likely that they will not be able to respond satisfactorily this time too within the 15 working days which should get over next week, and that they will either ask for extension, or end up replying unsatisfactorily this time too. But this time it is different. Now the FDA will evaluate whether there would be shortage of medicines produced by Dr Reddy (highly unlikely as competitors would already have ramped up), and their next step might be harsh. I am sure that smart money has seen and evaluated all these developments, and they have sold heavily already. If I was a fund manager I would definitely exit my major holdings. All this shows me that this scrip is now going to tumble down big time. Next stop is 2.2k, and near to 1k is where I will enter again on the long side. The only reason why I was not aggressively short (am short a few lots) is one of my brokers had given me a target of 2800 for this expiry closing, and I generally take news from my brokers skeptically. But after reading this letter and having earlier read the court order, I am going to be aggressively short whatever the price DRL opens on Thursday. DRL is a gone case for the next several months. The rapid growth and profitability has gone to their head, and they will pay a heavy price for it. It is unfortunate that several small shareholders will get crushed in the process. I had written last week that vultures are moving in for the kill, and most of these law firms who are advertising for class action suits are going to make a tonne of money out of this sordid saga.

click to view all


Best Of Budget 2015

budget impact

sector impact

Leather Products

14:33 pm

Govt reduces excise duty on leather footwear to 6%

Bata India 486.20 -1.85
Relaxo Footwear 500.05 -0.10
Mirza Intl 133.90 -3.50
Bhartiya Inter 572.85 0.10



14:31 pm

Excise duty on cigarettes increased by 25% for sub-65 mm cigarettes

ITC 335.95 1.10
Godfrey Phillip 1371.00 9.55
VST 1698.05 -8.85
Kothari Product 265.15 39.80


Transport & Logistics

14:01 pm

Service tax hike of 2.4% for non-economy class air travel

Container Corp 1420.75 48.80
Jet Airways 473.40 6.05
Allcargo 381.00 -4.15
SpiceJet 4.75 -0.95


Computers - Software

13:57 pm

Fee for technical services rate reduced from 25% to 10%

TCS 2530.00 3.25
Infosys 1041.15 -12.55
Wipro 578.00 0.90
HCL Tech 866.20 2.45


Telecommunications - Service

13:56 pm

Govt reduces royalty rates

Bharti Airtel 341.55 2.55
Idea Cellular 140.25 0.95
Reliance Comm 71.15 6.05
Tata Comm 397.00 0.30


Media & Entertainment

13:54 pm

Entertainment sector removed from service tax negative list

Zee Entertain 401.60 -5.65
Sun TV Network 368.70 8.45
Dish TV India 102.25 -0.15
DB Corp 325.05 3.05


Auto - LCVs & HCVs

13:47 pm

Import duty on vehicles with capacity more than 10 seats increased to 40% from 10%

Tata Motors 411.85 0.10
Eicher Motors 18442.10 107.20
Ashok Leyland 94.80 -1.30
Force Motors 207.55 -10.90


Steel - Large

13:46 pm

Customs duty on bituminous coal reduced to 10% from 55%

Tata Steel 224.35 -0.10
JSW Steel 886.65 -3.25
SAIL 43.95 0.00
Essar Steel 51.80 -5.30


Consumer Goods - Electronic

13:44 pm

Customs duty on LED, LCD panels made nil

Videocon Ind 130.75 -2.90
Videocon Intl 84.25 -1.25
Mirc Electronic 12.90 -0.20
PG Electroplast 134.55 -2.70


click to view all

buzzing stocks

more buzzing stocks

what's got cheaper
Leather Footwear

live budget blogs

Budget Flashes

Budget Reaction