Iran protests hit fresh orders for tea, basmati
Trade insiders said Iranian buyers have stopped giving fresh orders as they are keeping a close watch on the developments in the country where the situation is tense with protests spreading and the government intensifying crackdown on protesters.
Employers no longer require to deduct GST on subsidised meal cost recovered from employees: AAR
In its ruling, the AAR said that the firm is not liable to pay GST on the amount deducted/recovered from the employees. The firm collects the partial amount from the employees and is required to pay the gross amount inclusive of GST to the canteen service by adding residual amount in the employees’ portion and […]
Charting Trend: Strong SIP numbers underscore retail confidence in equity markets
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Tech View: Nifty charts hint at more trouble ahead. What investors should do on Wednesday
Option data suggests a shift in lower broader trading range in between 16,600 to 17,500 zones while an immediate trading range in between 16,800 to 17,200 zones.
15 stocks that are likely to deliver over 100% growth in Q2 profit
For India’s largest car manufacturer Maruti Suzuki, Motilal expects a 297% YoY growth in its Q2 profit at Rs 1,900 crore. Besides the easing of supply-chain constraints, the auto major’s EBIT margin is expected to improve on a QoQ basis due to price hikes, forex benefits, and operating leverage.
Zerodha CEO Nithin Kamath warns against fake M2M screenshots
Amid increasing financialisation of household savings, the number of retail investors have been increasing steadily in the last few years. In September month alone, over 20 lakh new demat accounts were added, taking the total number of accounts to more than 10 crore.
These 4 infra companies with healthy RoEs surge up to 170% in 3 years. Do you own any?
The infrastructure and road companies are likely to see good order flow in the second half of the financial year as compared to the first half, said Axis Securities in a research report. In the current quarter, the companies’ EBIDTA margins are likely to be impacted due to higher costs of commodities such as steel, […]
Chart Check: Up 50% since Feb lows, Jyothy Labs’s rally not yet over! Here’s why
This stock has broken out of its falling trend line placed at Rs 188 levels with a strong quarterly close above it. It can be seen on the quarterly charts that the stock post hitting the levels of 216 corrected back to its major support placed at Rs 80 levels in March 2020 quarter, Sujit […]
Electronics Mart India IPO: Here’s how to check allotment status & GMP
Bidders who could not get allotment in the IPO may see the initialization of refunds on October 13. Others, who would be allotted shares may see the credit of shares in the demat account by October 14. The listing of the IPO is likely on October 17.
Golden Crossovers: These 6 stocks signal further bullishness
In the Nifty 500 pack, six stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on […]