morning tea - 9feb16
TRANSCRIPT
7/24/2019 Morning Tea - 9feb16
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Global View
India Update
Today’s Event/ Stock in News
ital transformation solutions provider Polaris Consulting and Services has recorded a 6.9 per cent decline in net profit at
5 crore for the third quarter to December. Profit stood at Rs 39.3 crore in the same quarter of the previous year, t
ennai-based company said in a statement. PAT has been impacted due to part provisioning of one-time transaction costs
ation to the share purchase agreement (SPA) with Virtusa Corporation, Polaris Consulting and Services Chief Financ
icer N M Vaidyanathan said.
chnical Outlook : On daily chart, stock has formed Indecisive shaped of candlestick which doesn’t signify any particu
ection for next trading day. However, stock has been facing resistance at level 215 since last many days, which shows th
akness might hit the stock in near term. A momentum indicator RSI reading is at 52.83 level with negative crossover, wh
nt out for negative breath in the stock. So for trading perspective, one could Sell in the range of 212-214.50 for the Targ
207 with the SL of 216.50.
POLARIS
BOMDYEING
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Morning Tea09th Feb 2016
Sell in the range of 49-50 for the Target of 47 with the SL of 51
Sell in the range of 212-214.50 for the Target of 207 with the SL of 216.50
ia's textile behemoth, Bombay Dyeing & Manufacturing Company's standalone net loss widened to Rs.78.15 crore for t
arter ended December 31, 2015 compared to Rs. 65.93 crore in the corresponding quarter of the previous year and
64 crore in the preceding quarter. The company’s standalone revenue stood at Rs. 335.55 crore, down 34.91% yoy a
56% qoq.
chnical Outlook : On hourly chart, stock has been continuously trading below its 50 Hours Moving Average, which sho
t near to medium term trend is down. Apart from this, stock has formed Doji shaped of candlestick which is indecisive
ture, though trend is down, so can expect downside movement from the present level. An hourly momentum indicator
ding is at 49.45 level with negative crossover, which point out for negative breath in the stock. So for trading perspectiv
e could Sell in the range of 49-50 for the Target of 47 with the SL of 51.
stocks fell sharply on Monday, extending losses from late last week as a major sell-off on European markets spilled across the Atlantic am
sisting concerns related to dwindling energy prices and the ramifications of negative interest rates among the world's largest central banks
ope, shares in a host of prominent financial firms plunged, amid concerns related to withdrawals from key markets, a flattening yield curve a
cations of imminent asset write-downs. The sell-off in bank stocks dragged down the major indices overall, as the Stoxx Europe 600, France C
and Germany Dax all fell by more than 3% on Monday.
an shares will likely be off to a weak start after negative sentiment appears to have again engulfed risk assets. A sell-off in Europe yesterday a
Wall Street overnight has weighed on Asian markets -- with the Japanese Nikkei falling over 4 percent early this morning. The SGX Nifty
gapore is trading 0.7 percent, or 50 points, lower to 7,324. Overnight, the Dow Jones fell about 400 points, before recouping some losses e 177 points lower. In focus today are crude oil, which fell about 4 percent in US trade but has now recovered in Asian trade, and the US dol
ch fell to a 15-month low against the yen. Gold rose to over USD 1190 per ounce.
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Bulk Deal
Corporate Action / Result Calendar
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Morning Tea
rporate Action:
Wendt (India) Limited; Interim Dividend - Rs 10/- Per Share
Cholamandalam Investment and Finance Company Limited; Interim Dividend Rs 2.50 Per Share
K.P.R. Mill Limited; Interim Dividend - Rs 5/- Per Share
AVT Natural Products Limited; Interim Dividend - Re 0.20/- Per Share
NCL Industries Limited; Interim Dividend Re 1/- Per Share
Sundaram Finance Limited; Interim Dividend Rs 4.50 Per Share
sult Calendar: ALBK, APOLLOTYRE, ARCHIES, ASHAPURMIN, AUROLAB, AUROPHARMA, BHARATFORG, BRITAN
CENTRALBK, CESC, CRISIL, DENABANK, DFL, DHAMPURSUG, DHANUKA, DREDGECORP, DRREDD
DYNAMIND, EMCO, EROSMEDIA, ESSAROIL, FLEXITUFF, GAIL, GMDCLTD, GUJFLUORO, HINDALC
JUBILANT, MAGMA, MANDHANA, MAYURUINQ, MOIL, MOTHERSUMI, MRPL, NELCAST, NESCO, NF
NITINSPIN, OMAXE, PFC, PNB, PRESTIGE, RAMANEWS, RAMCOCEM, RAMCOIND, RENUKA, SA
SEAMECLTD, SONATASOFT, STCINDIA, TALBROSENG, TIMKEN, VOLTAMP, WALCHANNAG.
09th Feb 2016
Security in Ban
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No. Deal Date Script Code Security Name Client Name Deal Type Quantity Pri
8/2/2016 533181 ISFT INTRASOFT BENEFICIARY TRUST S 1200000 288
8/2/2016 533181 ISFT UNIVERSITY OF NOTRE DAME DU LAC B 459608 288
8/2/2016 514211 SUMEETINDS RAJ KUMAR MISHRA S 420707 12. 8/2/2016 514211 SUMEETINDS RAJ KUMAR MISHRA B 420707 12.
8/2/2016 511688 MATHEWE INDIA CAPITAL MARKETS PVT LTD B 299000 108
8/2/2016 511688 MATHEWE UNITED ENTERPRISES S 298812 108
8/2/2016 514211 SUMEETINDS SHPL ENTERPRISES PRIVATE LIMITED B 292547 12.
8/2/2016 514211 SUMEETINDS SHPL ENTERPRISES PRIVATE LIMITED S 290774 13.
8/2/2016 533181 ISFT WASHINGTON UNIVERSITY-CHANAKYA CAPIT B 257413 288
0 8/2/2016 534757 FOCUSIRL SHUBHDAYAK PROPERTIES PRIVATE LIMITED S 256621 11.
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Morning Tea09th Feb 2016
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