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Interim Budget 2019 will provide clear direction for Rural India

The interim budget did not disappoint rural India much. There is some announcement made which support farmers on an income basis on somewhat levels. The government needs to worry about "where will the...
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Budget 2018, watch on Stock Market point of view

The union budget-2018 which will be presented by the Finance Minister Arun Jaitley on 1st February 2018 is expected to be a significant one, as it is the last full-blown budget of Modi govt, before th...
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Stocks that hogged limelight on Wednesday, January 10, 2018

The following stocks, among others, are getting attention during Wednesday’s trade based on latest stock in news and developments of the companies: Coal India : Shares of the Coal India Limited were t...
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Future Trading Advantages By Elite Investment Advisory Services

Stock Futures are the financial contracts in which the underlying asset is an individual stock. Stock Future contract is the agreement to buy or sell a specific quantity of underlying equity share for...
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Cement Stocks building up on Bourses

Pushing govt’s move for infrastructure projects and up-tick in rural housing projects, the cement stocks registered a good start during Monday’s trade.

Cement stocks such as Grasim Industries Ltd gained 1.51 percent at Rs 1,224.65 per share, while Ambuja Cements gained 1.33% at Rs 285.30 per share and UltraTech Cements gained 1.51% at Rs 4,189 per share on BSE at mid noon hours today.

At 12 PM, the BSE Sensex is trading at 31,905 up 217 points, while NSE Nifty is trading at 10,007 up 73 points. A total of 75 stocks clocked a fresh 52-week high in trade today, while 17 stocks registered a new 52-week low on the NSE.

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Dixon Technologies Rs 600 crore IPO to open on Sept 6

The electronic manufacturing services company Dixon Technologies (India) Ltd intends to raise about Rs. 600.00 crore from its IPO which is opening tomorrow, 6 Sept.

The company expects to garner Rs 60.00 crore from the initial round of equity sale and Rs 540.00 crore from offer for sale (OFS) route. The IPO will open on Sept 6 and close on Sept 8 with a price band of Rs. 1,760 TO 1,766 share apiece with a face value of Rs. 10.00 each.

Dixon Technologies plans to repay debt of Rs 22.00 crore, invest Rs 7.57 crore in setting up its 7th manufacturing unit for LED TV in Tirupati. The company will utilize Rs 8.85 crore for producing parts of LED lights at its Dehradun plant.

Financially, the revenue of the company has grown by about 82% to Rs 2456 crore at the end of 2016-17, from Rs 1,344 crore a year ago, supported by the mobile phone segment. Dixon Technologies had registered about 20 % increase in its consolidated profit at Rs 50.4 crore in 2016-17, from Rs 42 crore in the previous fiscal.


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Reliance Defence & Engineering’s financial results announced

Reliance Defence & engineering Ltd (RDEL) has reported its standalone revenue for the quarter ended March 31, 2017. Total sales for this quarter figured at Rs. 228 crore, registering 140.5% year-o...
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BSE implements new pricing strategy to attract bulk deals

Bombay Stock Exchange (BSE) will start charging transaction fee on per trade basis, as a new attempt to attract bulk deals. Earlier the exchange used to charge Rs. 275.00 per crore on gross turnover o...
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Special Advantages of Day Trading: Here are 10 Points

How do you tackle the Intraday markets? In intraday trading, different traders adopt different styles. However, there are many advantages of Intraday or day trading over positional trading which invol...
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