HDFC | TCS | Dr Reddy's Laboratories | SBI | Suzlon Energy | Bharti Airtel | Tata Communications | Jain Irrigation | Polaris | CRISIL | Shipping Corporation | Microsec Financial Services | Religare Enterprises | UltraTech Cement | HPCL | Nestle | BEML | Gruh Finance and Mastek are stocks, which are in the news today.
The company has called an Extra-ordinary General Meeting (EGM) on May 9 to take shareholders' nod through special resolution, PC Jeweller said in a filing to the BSE.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra and Mahindra Financial Services, CESC, PC Jeweller and Maruti Suzuki.
The board of PC Jeweller has approved the issue of compulsarily convertible debentures (CCDs) for an aggregate amount of up to Rs 420 crore by way of a preferential allotment to DVI Fund Mauritius, the company informed exchanges today.
HDFC | Axis Bank | Tata Motors | Pfizer | Sobha | Nava Bharat Ventures | Blue Coast Hotels | Brigade Enterprises | Websol Energy | Cholamandalam Investment | Hindalco | GVK Power | Diamond Power Infrastructure | Future Retail and GOL Offshore are stocks, which are in the news today.
Sudarshan Sukhani of s2analytics.com recommends buying Ajanta Pharma on dips and advises shorting PC Jeweller.
Prakash Gaba of prakashgaba.com is of the veiw taht one can sell PC Jewellers and DHFL and advises buying Karnataka Bank.
Ashwani Gujral of ashwanigujral.com recommends selling Motherson Sumi Systems and PC Jeweller and advises buying EID Parry.
Post Budget, the low quality stocks did very well, says Muthukrishnan adding that the good quality names should now start doing well.
Cummins India, KPIT Technologies and Indo Count Industries are the other companies that have moved in this segment.
Shares of Titan Company declined 4.3 percent to close at Rs 316.35 on the BSE. Among others, Gitanjali Gems, Goenka Diamond, PC Jeweller, Renaissance Jewellery, Tara Jewels and Tribhovandas Bhimji Zaveri were down 1-3.6 percent at close.
Ashwani Gujral - Fund manager at ashwanigujral.com recommends buying State Bank of India, Hindustan Unilever, SKS Microfinance and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sun Pharma and feels that all banking stocks are sell ideas.
Stocks that are likely to be in news are United Spirits, Banking stocks, Sun Pharmaceutical Industries, Infosys, PC Jeweller, Tata Elxsi, Granules India, Cummins India, KPIT Technologies.
SBI | ICICI Bank | PNB | Tata Steel | United Spirits | Kridhan Infra | RCF | Unitech | Wipro | Chambal Fertilisers | BASF | Chembond Chemicals | GVK Power | GMR Infrastructure | Orient Beverages | Reliance Capital are stocks, which are in the news today.
Sanjeev Bhatia, CFO, PC Jeweller, believes rupee depreciation will help the company in its export business.
Delhi-based PC Jeweller has 59 retail stores across the country. The company's standalone net profit increased to Rs 321.82 crore in the April-December period of this fiscal from Rs 258.09 crore in the year-ago period.
The total number of contracts a trader may have active at one time for a given underlying, should be Rs 300 crore, among other criteria.
For inclusion in the derivatives segment, the stock's market wide position limit (MWPL), which is the total number of contracts a trader may have active at one time for a given underlying, should be Rs 300 crore, among other criteria.
ICICI Bank | Maruti Suzuki | L&T | Sun Pharma | Bharti Airtel | United Spirits | PC Jeweller | Cipla | Religare Enterprises | Majesco | Financial Technologies | Edelweiss Financial | Engineers India | Tide Water Oil | Muthoot Finance | SBBJ | Emami | Titan Company and Glenmark Pharma are stocks, which are in the news today.
The RBI notified (under FEMA 1999) that FIIs/Registered Foreign Portfolio Investors (RFPIs) can now invest up to 49 per cent in PC Jeweller Ltd under the Portfolio Investment Scheme (PIS).
Sanjeev Bhatia, CFO of PC Jeweller says stable gold prices have helped rise in demand and he does not see any scope of decline in the market.
Stocks that are likely to be in focus are: Cairn India, ITC, SpiceJet, Interglobe Aviation, Mahindra Holidays and Resorts India, Force Motors, PC Jeweller, Persistent Systems.
PC Jeweller today reported an increase of 34 per cent in its stand-alone net profit at Rs 146 crore for the December quarter.
The new range will integrate wireless technologies into jewellery and at the same time will provide interchangeable design modules through PCJ's specially designed smart bracelets.