EQUITY

suprajit engineering

Suprajit Engineering Ltd- Consolidating Leadership

Suprajit Engineering Ltd is the largest manufacturer of cables in India other than manufacturing instrument panels catering to most of the automotive OEMs. Through Phoenix Lamps it is also the market leader in automotive lighting in India. The product range includes automotive cables for brake, clutch, throttle, starting, gear shift, choke, speedometer, tachometer, window regulator, …

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total return index

What is total return index?

The total return index (TRI) is a type of equity index that tracks both the capital gains and assumes that any cash distributions, such as dividends, are reinvested back into the index. Looking at an index’s total return displays a more accurate representation of the index’s performance. By assuming dividends are reinvested, you effectively account for stocks in an index that do …

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SAMVAT

SAMVAT 2075…the mega sale is on

The Year that was… SAMVAT 2074 was a bad year for the markets as NIFTY was largely flat yoy. Markets were supported by domestic liquidity due to strong monthly inflows into equity mutual funds. Net inflows into equity MF in last 12 months were to the tune of Rs.1,20,000 cr. FIIs in contrast have been …

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Equity markets

Panic sets in equity markets…

Equity markets have corrected over 10% the last month with USD-INR hitting new highs and crude prices scaling multi year highs. Rupee depreciated to above Rs.74/$ for the first time on 5th October 2018. Departing from the trend of the last few months, both large & mid-caps have declined last month driven by a sharp …

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Sensex crash

10 biggest single day crash in Sensex’s history

The Sensex has plummeted nearly 2525 points from October 1 to 11, 2018. In the first week of October, the BSE benchmark index plunged 1,851 points marking the biggest weekly fall in absolute terms. The biggest 2 day fall in SENSEX was recorded on January 21/22, 2008, when it dived 2,273 points. Here are the …

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Phillips Carbon Black Ltd

Phillips Carbon Black Ltd- Reinforcing growth

Phillips Carbon Black Ltd (PCBL), part of the RP-Sanjiv Goenka Group, is the largest manufacturer and supplier of carbon black in India catering to the needs of elastomer, plastic, paints and ink manufacturing industries. The major market for carbon black is tyre industry. They also manufacture special black for non-rubber applications. PCBL has capability & …

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Indian equity markets

Rupee accelerates, Crude boils…

Indian equity markets remained subdued over the last month with the broader markets gradually declining as USD-INR hit new highs and crude prices inched up. Rupee depreciated to Rs.72.50/$ for the first time on 10th September 2018. With the NIFTY/SENSEX move being driven by top 10 stocks, there has been a large gap created with …

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Fairchem Speciality

Fairchem Speciality Ltd- Creating fragrance out of waste

Fairchem Speciality Ltd (FSL), a Fairfax investment company, is an exclusive formation of specialty chemicals company from the merger of Adi Finechem Ltd (manufacturer of oleochemicals and nutraceuticals) and Privi Organics India Ltd (manufacturer of aroma chemicals). The combined entity caters to various industries ranging from printing inks, paints, adhesives & paper coatings, flavors & …

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Meghmani Organics

Meghmani Organics Ltd – Expanding base

Meghmani Organics Ltd. (MOL) is an India-based chemical company with varied business interests. It has three business segments namely pigment, agrochemicals and basic chemicals. MOL has presence in more than 75 countries, serving over 400 customers across all three business segments. It has a distribution network with subsidiaries in USA, Indonesia, Dubai, Europe, a representative …

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midcaps

NIFTY peaks but midcaps hit a trough

Though NIFTY scaled the 11,000 mark again on 12th July after a gap of over 5 months (last peak on 31st January 2018), midcaps & small caps continue to fall sharply as markets remain volatile. Starting with a disappointing budget where LTCG on equity investments was announced, followed by continuing bank NPAs, uncertain political outlook, …

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