Angel Broking Ltd. is one of the largest independent full-service retail broking houses in India in terms of active clients on NSE as of June 30, 2020 (Source: CRISIL Report). They have a strong market presence with active clientele on the National Stock Exchange (NSE) with a market share of around 6.3% and 2.15 million…
Chemcon Specialty Chemicals manufacture specialized chemicals, such as HMDS and CMIC which are predominantly used in the pharmaceuticals industry and inorganic bromides, namely Calcium Bromide, Zinc Bromide and Sodium Bromide, which are predominantly used as completion fluids in the oilfields. Company is the only manufacturer of HMDS in India and was the third largest manufacturer…
Computer Age Management Services India’s largest registrar and transfer agent of mutual funds with an aggregate market share of approximately 70% based on mutual fund average assets under management. Promoter of the company – Great Terrain an affiliate of Warburg Pincus. Services provided by CAMS include: Transfer Agency Services: CAMS helps process transactions of active…
Torrent Pharmaceuticals operates in the therapeutic areas of cardiovascular (CV), central nervous system (CNS), gastrointestinal, diabetology, anti-infective, anti-diabetics and pain management segments. The Company offers products in various categories, including tablets, capsule and parenteral. Its geographical segments include India and outside India. It manufactures various active pharmaceutical ingredients (APIs). SHORT TERM PERSPECTIVE Company Torrent Pharmaceuticals…
NIFTY: The Nifty opened at 11584.10 with a gap up of 68 points. The index traded narrow and choppy for almost the whole day. Prices have traded very narrowly inside a range of just 44 points till 2:20 PM. Then a sharp decline of more than 120 points within the 20 minutes of trading and…
Indian Market Outlook: The Key benchmark indices ended flat this week however IT and Healthcare as well as Realty were the top sectors that closed with gains of more than 5 percent. Most of the stocks in the IT and pharma space hit a fresh 52-week high in the week gone by. Nifty ended the…
KEY HIGHLIGHTS The 10-year Indian government bond yield decreases -0.45% to 6.014% from 6.041% in the week gone by. US 10 year benchmark increases to 4.19% as compared to 0.697% in the previous week. Rating agency S&P has revised the rate of fall in gross domestic product (GDP) to -9% for the current fiscal year…