Oct-16-2018   15:27 Hrs IST
Federal Bank shines on reporting marginal rise in Q2 net profit
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Federal Bank is currently trading at Rs. 81.55, up by 5.85 points or 7.73% from its previous closing of Rs. 75.70 on the BSE.

The scrip opened at Rs. 76.90 and has touched a high and low of Rs. 82.80 and Rs. 76.40 respectively. So far 5418610 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 127.75 on 17-Oct-2017 and a 52 week low of Rs. 67.05 on 04-Oct-2018.

Last one week high and low of the scrip stood at Rs. 82.80 and Rs. 70.60 respectively. The current market cap of the Bank is Rs. 16196.01 crore.

The Institutions and Non-Institutions held 68.11% and 31.89%, stake in the Bank, respectively.

The Bank has reported a marginal rise of 0.89% in its net profit at Rs 266.04 crore for second quarter ended September 30, 2018 as compared to Rs 263.70 crore for the same quarter in the previous year. Total income of the Bank increased by 15.79% at Rs 3,087.81 crore for Q2FY19 as compared Rs 2,666.82 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the June-September quarter of the current fiscal increased to 3.11%, as compared to 2.39% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 1.78% in Q2FY19.

Oct-16-2018   15:06 Hrs IST
Talbros Automotive jumps on the BSE
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Talbros Automotive Components is currently trading at Rs. 243.50, up by 9.90 points or 4.24% from its previous closing of Rs. 233.60 on the BSE.

The scrip opened at Rs. 239.95 and has touched a high and low of Rs. 245.00 and Rs. 239.35 respectively. So far 3844 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 353.65 on 09-Jan-2018 and a 52 week low of Rs. 193.05 on 24-Oct-2017.

Last one week high and low of the scrip stood at Rs. 245.00 and Rs. 205.70 respectively. The current market cap of the company is Rs. 300.62 crore.

The promoters holding in the company stood at 56.63%, while Institutions and Non-Institutions held 2.09% and 41.28% respectively.

Talbros Automotive Components has received ‘Company of the Year - Auto Components’ award from Zee Business. The award function was to celebrate the success of home-grown innovative businesses and acknowledge the achievements of the top performers from India business.

Talbros Automotive Components, the flagship manufacturing company of the Talbros Group was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK.

Oct-16-2018   14:54 Hrs IST
DQ Entertainment advances on the BSE
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DQ Entertainment (International) is currently trading at Rs. 8.65, up by 0.21 points or 2.49 % from its previous closing of Rs. 8.44 on the BSE.

The scrip opened at Rs. 8.50 and has touched a high and low of Rs. 9.40 and Rs. 8.05 respectively. So far 7159 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.80 on 24-Oct-2017 and a 52 week low of Rs. 5.11 on 12-Oct-2018.

Last one week high and low of the scrip stood at Rs. 9.40 and Rs. 5.11 respectively. The current market cap of the company is Rs. 70.09 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.16% and 24.84% respectively.

DQ Entertainment (DQE) has signed new broadcast and licensing agreements for its globally popular property The Jungle Book that will see the Mowgli and his Jungle Friends swing into the American market by launching in Sinclair Broadcast Group’s children's Channel KidsClick this year.

The highly successful and much loved animated series produced by DQ Entertainment will air on KidsClick channel soon. Sinclair Broadcast Group, one of the largest and most diversified television broadcasting organization in The US owns and operates 192 Television Stations and 611 Channels all across USA. Kidsclick - their children’s channel that has a reach in over 75 million households will be broadcasting all the three seasons of the Jungle Book series.

DQE is an award-winning animation, gaming, live action entertainment - production and distribution - company with one of the largest capacities for animation production for television, feature films, home video, online game art, visual effects, mobile and next generation console games.

Oct-16-2018   14:36 Hrs IST
Ashiana Housing trades higher on the bourses
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Ashiana Housing is currently trading at Rs. 130.00, up by 3.90 points or 3.09% from its previous closing of Rs. 126.10 on the BSE.

The scrip opened at Rs. 125.85 and has touched a high and low of Rs. 130.00 and Rs. 125.00 respectively. So far 1893 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 206.80 on 01-Feb-2018 and a 52 week low of Rs. 115.40 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 130.00 and Rs. 117.00 respectively. The current market cap of the company is Rs. 1330.58 crore.

The promoters holding in the company stood at 61.04%, while Institutions and Non-Institutions held 8.78% and 30.19% respectively.

Ashiana Housing has won two awards. Realty Plus Awards 2018 has felicitated ‘Ashiana Umang’ as ‘Best Themed Project’ and the company's website as the ‘Best Real Estate Website of the year'.

Ashiana Umang is a project situated in Jaipur (Rajasthan) with the saleable area of approximately 12.42 lakh square feet.

Ashiana Housing is a real estate development company. It is engaged in building residential and commercial projects. The firm also offers retirement resorts, group housing, hotels, retail and facility management.


Oct-16-2018   14:21 Hrs IST
Aditya Birla Capital trades in green on the BSE
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Aditya Birla Capital is currently trading at Rs. 109.35, up by 0.85 points or 0.78% from its previous closing of Rs. 108.50 on the BSE.

The scrip opened at Rs. 109.05 and has touched a high and low of Rs. 110.90 and Rs. 108.40 respectively. So far 111931 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 213.80 on 07-Nov-2017 and a 52 week low of Rs. 102.50 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 112.35 and Rs. 104.60 respectively. The current market cap of the company is Rs. 24049.88 crore.

The promoters holding in the company stood at 72.74%, while Institutions and Non-Institutions held 11.87% and 14.45% respectively.

Aditya Birla Capital has incorporated a new Wholly Owned Subsidiary in the name of ‘Aditya Birla Capital Investments’ with effect from October 12, 2018.

Aditya Birla Capital is one of the largest financial services players in India.

Oct-16-2018   12:57 Hrs IST
Indiabulls Housing Finance falls despite reporting 21% rise in Q2 consolidated net profit
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Indiabulls Housing Finance is currently trading at Rs. 922.45, down by 26.25 points or 2.77% from its previous closing of Rs. 948.70 on the BSE.

The scrip opened at Rs. 964.80 and has touched a high and low of Rs. 976.85 and Rs. 906.85 respectively. So far 630087 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1439.40 on 29-Jan-2018 and a 52 week low of Rs. 752.00 on 21-Sep-2018.

Last one week high and low of the scrip stood at Rs. 988.30 and Rs. 862.00 respectively. The current market cap of the company is Rs. 39373.34 crore.

The promoters holding in the company stood at 21.70%, while Institutions and Non-Institutions held 69.58% and 8.71% respectively.

The company has reported a rise of 16.10% in its net profit of Rs 933.26 crore for second quarter ended September 30, 2018 as compared to Rs 803.83 crore for the same quarter in the previous year. Total income of the company increased by 17.64% at Rs 3,881.80 crore for Q2FY19 as compared Rs 3,299.69 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 21.22% in its net profit of Rs 1044.15 crore for the quarter under review as compared to Rs 861.35 crore for the same quarter in the previous year. Total income of the company increased by 23.25% at Rs 4,255.27 crore for Q2FY19 as compared Rs 3,452.45 crore for the corresponding quarter previous year.

Oct-16-2018   12:52 Hrs IST
RIIL gains despite reporting 22% fall in Q2 net profit
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Reliance Industrial Infrastructure (RIIL) is currently trading at Rs. 346.05, up by 5.00 points or 1.47% from its previous closing of Rs. 341.05 on the BSE.

The scrip opened at Rs. 340.10 and has touched a high and low of Rs. 353.50 and Rs. 338.55 respectively. So far 54803 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 684.00 on 02-Jan-2018 and a 52 week low of Rs. 308.15 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 353.50 and Rs. 312.20 respectively. The current market cap of the company is Rs. 521.93 crore.

The promoters holding in the company stood at 45.43%, while Institutions and Non-Institutions held 0.45% and 54.12% respectively.

The company has reported 21.93% fall in its net profit at Rs 2.10 crore for the quarter ended September 30, 2018 as compared to Rs 2.69 crore for the same quarter in the previous year. However, total income of the company increased by 5.80% at Rs 25.18 crore for Q2FY19 as compared Rs 23.80 crore for the corresponding quarter previous year.

RIIL is mainly engaged in the business of setting up / operating Industrial Infrastructure. The Company is also engaged in related activities involving leasing and providing services connected with computer software and data processing.

Oct-16-2018   12:35 Hrs IST
Westlife Development surges with arm launching whole wheat buns
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Westlife Development is currently trading at Rs. 334.45, up by 6.25 points or 1.90% from its previous closing of Rs. 328.20 on the BSE.

The scrip opened at Rs. 334.75 and has touched a high and low of Rs. 336.90 and Rs. 330.85 respectively. So far 24624 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 464.00 on 08-May-2018 and a 52 week low of Rs. 235.00 on 24-Oct-2017.

Last one week high and low of the scrip stood at Rs. 347.45 and Rs. 300.00 respectively. The current market cap of the company is Rs. 5181.39 crore.

The promoters holding in the company stood at 62.17%, while Institutions and Non-Institutions held 21.69% and 16.14% respectively.

Westlife Development, owner of the master franchisee of McDonald’s restaurants in West & South India through its subsidiary Hardcastle Restaurants (HRPL) has launched whole wheat buns. With this launch, McDonald’s has taken its commitment to offer wholesome and nutritious food a notch higher.

McDonald’s will now offer its exemplary burgers in Whole Wheat buns. The new Buns at McDonald’s are a source of fibre. The lining of sesame seeds on each bun helps in better digestion. This new addition caters to the change in customers’ demands of food with a better nutritional profile.

Westlife Development focuses on putting up and operating Quick Service Restaurants (QSR) in India through its subsidiary Hardcastle Restaurants (HRPL). The Company operates a chain of McDonald's restaurants in west and south India, having a master franchisee relationship with McDonald's Corporation USA, through the latter's Indian subsidiary.

Oct-16-2018   12:19 Hrs IST
Hindustan Zinc trades in green on the BSE
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Hindustan Zinc is currently trading at Rs. 274.90, up by 1.40 points or 0.51% from its previous closing of Rs. 273.50 on the BSE.

The scrip opened at Rs. 273.00 and has touched a high and low of Rs. 278.80 and Rs. 272.50 respectively. So far 20254 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 339.55 on 26-Feb-2018 and a 52 week low of Rs. 261.15 on 24-Jul-2018.

Last one week high and low of the scrip stood at Rs. 280.00 and Rs. 266.95 respectively. The current market cap of the company is Rs. 116238.53 crore.

The promoters holding in the company stood at 64.92%, while Institutions and Non-Institutions held 33.76% and 1.32% respectively.

Hindustan Zinc has reported 5.93% growth in its mined metal production at 2,32,000 tonnes in Q2 FY19 as against 2,19,000 tonnes in July-September 2017.
During the July-September 2018, the company’s refined lead output grew 28.95% to 49,000 tonnes from 38,000 tonnes in the year-ago-quarter. Besides, the production of silver rose 22.86% to 1,72,000 tonnes as against 1,40,000 tonnes in July-September of the previous fiscal.

Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan.

Oct-16-2018   12:00 Hrs IST
Alembic Pharma surges with receiving USFDA’s tentative approval for Alogliptin Tablet
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Alembic Pharmaceuticals is currently trading at Rs. 602.35, up by 6.50 points or 1.09% from its previous closing of Rs. 595.85 on the BSE.

The scrip opened at Rs. 596.65 and has touched a high and low of Rs. 611.65 and Rs. 596.65 respectively. So far 1931 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 664.00 on 27-Sep-2018 and a 52 week low of Rs. 412.40 on 24-May-2018.

Last one week high and low of the scrip stood at Rs. 611.65 and Rs. 566.45 respectively. The current market cap of the company is Rs. 11386.36 crore.

The promoters holding in the company stood at 72.96%, while Institutions and Non-Institutions held 14.88% and 12.16% respectively.

Alembic Pharmaceuticals has received tentative approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Alogliptin Tablets, 6.25 mg, 12.5 mg and 25mg. The tentatively approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), NESINA Tablets, 6.25 mg, 12.5 mg and 25mg of Takeda Pharms USA.

Alogliptin Tablets, 6.25 mg, 12.5 mg and 25mg are indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus. Alogliptin Tablets, 6.25 mg, 12.5 mg and 25mg has an estimated market size of $65.6 million for twelve months ending December 2017 according to IQVIA. Alembic now has a total of 78 ANDA approvals (64 final approvals and 14 tentative approvals) from USFDA.

Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare since 1907.

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