Page 2299 - Markets News
NBCC: Weak margins, muted pace of real estate monetisation key overhangs
The stock has already corrected by almost half in the last one year (a third since January highs). But, as the outlook remains weak, it could continue to lag
 "NBCC: Weak margins, muted pace of real estate monetisation key overhangs")
Market regulator issues guidelines on leveraged intra-day trades
The regulator has asked brokers to collect upfront so-called value at risk (VaR) margin and extreme loss margin (ELM) even for trading in the equity cash segment.
 "Market regulator issues guidelines on leveraged intra-day trades")
SAT stays order against Edelweiss broking, temporary relief for DHFL
Tribunal asks NSE and Edelweiss to submit replies on Rs 1.8 cr penalty slapped by the exchange on the broker; in DHFL case, Sebi told to halt recovery proceedings against the firm
 "SAT stays order against Edelweiss broking, temporary relief for DHFL")
Sebi dismisses RTI appeal in Franklin Templeton MF's wind-up case
Sebi also observed that as a stock market regulator, it conducts investigation to examine alleged or suspected violation of laws and regulations
 "Sebi dismisses RTI appeal in Franklin Templeton MF's wind-up case")
Value funds lead returns tally, outperform other equity categories
In the April-June 2020 quarter, value funds have delivered average returns of 21.41 per cent - outperforming large-cap, mid-cap, and small-cap funds
 "Value funds lead returns tally, outperform other equity categories")
Firm realisations, cost control boost ACC's June quarter performance
Improvement in per tonne profitability, despite sharp fall in volumes due to lockdown, may lead to earnings upgrade
 "Firm realisations, cost control boost ACC's June quarter performance")
L&T Tech to see revenue, margin pressures in FY21 as clients defer spends
Recovery in segments such as transportation could be pushed to FY22
 "L&T Tech to see revenue, margin pressures in FY21 as clients defer spends")
Residential unit sales at 10-yr low in H1; office vacancy rate at 4-yr high
As India adopted the work from home (WFH) culture over the past few months, office vacancy levels across metros saw an uptick
 "Residential unit sales at 10-yr low in H1; office vacancy rate at 4-yr high")
Market Wrap, July 20: Here's all that happened in the markets today
Telecom stocks were in focus amid the Adjusted Gross Revenue (AGR) hearing in the Supreme Court in the last hour of the trade
 "Market Wrap, July 20: Here's all that happened in the markets today")
Mid-caps worst hit as analysts see 24% dip in Q1FY20 PAT for India Inc
A lockdown to contain the pandemic is now eased, but companies are still struggling to get back on their feet. Puneet Wadhwa explains what to expect from companies in terms of revenue
 "Mid-caps worst hit as analysts see 24% dip in Q1FY20 PAT for India Inc")
MARKET WRAP: Sensex ends 399 pts up; Nifty reclaims 11K; IT stocks surge
All that happened in the markets today
 "MARKET WRAP: Sensex ends 399 pts up; Nifty reclaims 11K; IT stocks surge")
HDFC Bank's Q1 brings some relief to investors despite higher bad loans
Lower moratorium, accelerated NPA recognition and higher provisioning coverage indicate lower asset quality impact, the bank indicates internal successor of Aditya Puri
 "HDFC Bank's Q1 brings some relief to investors despite higher bad loans")
Hero MotoCorp hits 10-month high; stock zooms 93% from March low
Analysts expect the company to be least impacted by the Covid-19-led disruptions given their relatively strong recovery in the rural consumption basket.
 "Hero MotoCorp hits 10-month high; stock zooms 93% from March low")
M&M Financial gains 12% on 1:1 rights issues at Rs 50 per share
M&M said that its board has approved to subscribe to the equity shares of MMFSL to the full extent of the Company's rights entitlement.
 "M&M Financial gains 12% on 1:1 rights issues at Rs 50 per share")
HUL Q1 preview: GSK acquisition, the lower tax rate to support profit
The April - June 2020 quarter (Q1FY21) has been an unprecedented period with the Covid-19-induced lockdown impacting manufacturing and supply chain operations
 "HUL Q1 preview: GSK acquisition, the lower tax rate to support profit")
Rallis India surges 5% after Rakesh Jhunjhunwala ups stake in June quarter
Rakesh Jhunjhunwala bought an additional 725,000 shares, and increased his holding in the Tata Group Company to 10.31% in June 2020 quarter. This is the highest level since March 2016 quarter.
 "Rallis India surges 5% after Rakesh Jhunjhunwala ups stake in June quarter")
Info Edge advances 4%, hits record high on report Policybazaar mulls IPO
Policybazaar is planning to have an initial public offering (IPO) with valuation worth $3.5 billion
 "Info Edge advances 4%, hits record high on report Policybazaar mulls IPO")
HDFC Bank extends gains post June quarter result; stk surges 9.5% in 4 days
The stock was up 5% to Rs 1,153 after the lender reported 20 per cent year on year growth in net profit at Rs 6,659 crore for April-June quarter (Q1FY21) supported by operational income
 "HDFC Bank extends gains post June quarter result; stk surges 9.5% in 4 days")
Auto Q1 preview: Tractor, two-wheeler companies may buck the slowdown trend
Analysts at Nirmal Bang Institutional Equities expect Maruti Suzuki to post a loss for the quarter under review, led by 80 per cent sequential sequential dip in volume and negative operating leverage
 "Auto Q1 preview: Tractor, two-wheeler companies may buck the slowdown trend")
Dhanuka Agritech gains 4%, hits 52-week high on share buyback proposal
The board of directors of the company is scheduled to meet on July 22, 2020, to consider and evaluate the proposal for buyback of equity shares
 "Dhanuka Agritech gains 4%, hits 52-week high on share buyback proposal")