The Indian markets closed the day on a positive note.The Sensex trades at 16676 up by 260 points whilethe Nifty closed at 5001 up by 81 points. The Nifty managed to close just above the psychological level of 5000. In today’s trade almost all the sectoral indices closed in green led by the Metal and [...]
The company specializes in making precision components forming the main active elements of Electrical Switchgear, which actually makes/breaks urrents at all Voltage levels in AC & DC systems. The core strength being in house processing from Silver refining to producing all the contact materials and Semis of Precious Metal and Copper Alloy Contact Material and [...]
The Sensex opened with a positive gap this morning on strong cues from Asian markets. Investors cheered as the ongoing political impasse came into an end after government gave in to the demands of anti corruption activist. The Sensex extended gains in late-noon trades on the back of buying in heavyweights and touched a high [...]
Rama Phosphate Ltd. Mumbai based Rama Phosphate Ltd is engaged in production of Single Super Phosphate fertilizer (SSP). Until 2009, RPL had been making losses and had become BIFR case.Last year, company had succeeded in implementing CDR Package wherein promoters brought in fresh equity. Now, company has made a strong turnaround in its operations. Last [...]
The Great Eastern Shipping Company Ltd. (G E Shipping) ● India’s largest private sector shipping company ● Experience and expertise spanning over 6 decades. ● An enviable global reputation. ● Creating value for customers. The company has two main business : shipping and offshore. The shipping business is involved in transportation of crude oil, petroleum [...]
The markets slipped 2% in late trades as investors turned cautious and booked profits ahead of Ben Bernanke’s speech later in the day, heavy selling in realty and metal shares also weighed. The Nifty touched a high of 4,861 in the morning session, but gave up all the gains and closed at 4,747, down 92 [...]
Voltas Voltas is one of the world’s premier engineering solutions providers and project specialists. Founded in India in 1954, Voltas Limited offers engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, electro-mechanical projects, textile machinery, mining and construction equipment, materials handling equipment, water management & treatment, [...]
Buy Gold M between 25870 – 25930 with SL below 25550 and Target of 26400 and 26600 Sell MCX Aug Copper at 413 / 412.5, Stop Loss 415, Targets at 409.6 CMP 412.3 Buy Nickel between 968-973 with SL below 955 and target of 995 and 1005
Elecon (EEC) reported standalone sales of Rs 254 crore (growth of 3.4% YoY), EBITDA of Rs 45 crore (up 19%) and PAT of Rs 14.9 crore (up 12%) in Q1FY12, which were largely in line with our estimates. Sales were driven by gears division (~20% growth YoY) though MHE segment registered de-growth of ~5%. We [...]
Buy MCX Sep Crude Oil at 3823 / 3817, Stop Loss 3797, Targets at 3868 CMP 3835 Buy MCX Sep Silver at 65300 / 65350, Stop Loss 65500, Targets at 64900 / 64600 CMP 65070 Sell MCX Sep Silver at 65300 / 65350, Stop Loss 65500, Targets at 64900 / 64600 CMP 65070
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