Karur Vysya Bank Shareholding: Rakesh Jhunjhunwala raises stake to 4.22% from 3.36% in April-June quarter
Milk market in India is almost as big as automotive industry in India. Estimated to be about Rs 6.5 Lakh crores and it will grow bigger. If you plan to invest in listed companies look for companies who are milking the game through value addition in their products.
Rakesh Jhunjhunwala puts 2400 crs in Star Health insurance Unlisted
PLANET MERCURY, which controls our mind (Buddhi) is transiting in Cancer & will be in retrograde position from 26thJuly 2018 to 19th Aug 2018. Be CAUTIOUS, as one is likely to take wrong decisions, resulting in financial losses, depending on its position in individual horoscope. Technical Analysts / researchers can be worst affected (since Planet Mercury is significator of this profession). Persons with Cance, Gemini, Virgo & Capricorn ascendant / Rashi need to be extra vigilant.
We have been continuously predicting about NBFC sector. Today Bajaj Finance crossed 2700 ( UP 8%) & Bajaj Finserve 6650 ( UP 6%)
BAJAJ AUTO: Q1 NET PROFIT 11.15B RUPEES VS 8.59B (YOY); EST 12.19B BAJAJ AUTO: Q1 REVENUE 74.2B RUPEES; EST 77.60B
If we exclude the market cap of top 10 stocks, the remaining over 4,000 stocks listed on BSE have lost a whopping Rs 16.70 lakh crores since January 2018! More than 300 stocks have fallen anywhere from 50% to as high as 90% from their one-year high prices
Ashok Leyland Q1 Revenues up 47% at Rs 6250 cr vs Rs 4257.5 cr (est 6340) Net profit up 233% at Rs 370 cr vs Rs 111 cr (est 350) EBITDA up 111% at Rs 648 cr vs Rs 306.5 cr (est 615) Margins at 10.4% vs 7.2% (est 9.7%)
With change in position of SUN, PSU BANKING sector will be getting astrological support for next few weeks.
Ashok Leyland, Eicher Motors, Tata Motors, Bharat Forge and Ramkrishna Forgings: Government is set to hike the load carrying capacity of trucks by upto 25% as per media sources. The rules would be notified tomorrow. Increase in axle load carrying capacity will create additional capacity in the trucking system thereby impacting the demand. Negative for autosector