Coromandel International Limited is India’s second largest Phosphatic fertilizer player, is in the business segments of Fertilizers, Specialty Nutrients, Crop Protection and Retail. The Company manufactures a wide range of fertilizers and markets around 4.5 million tons making it a leader in its addressable markets. The company is No.1 Organic fertilizer marketer in India. Stock…
NIFTY: The Nifty opened higher with a gap up of almost 40 points in the morning. This gap was sustained and after a brief sideways move, the index continued its up move, and making a new high of the day at 11497. The trend was mainly up throughout the day, till the last hour when…
NIFTY: The Nifty opened higher with a gap up of almost 96 points in the morning. Prices have seen multiple ups and downs on Friday and finally the Nifty closed higher by 59 points at 11371. We would consider Fridays price action to be a nothing day for intraday traders. We expect a bigger move…
Indian Market Outlook: The Key benchmark indices rose over 1% over the week. Market sentiment has remained strong on the back of expectations of normalcy of demand returning by H2FY21 and positive news flow around the development of a possible vaccine against COVID -19. Nifty ended the week 1.73 percent higher at 11371 points while…
KEY HIGHLIGHTS The 10-year Indian government bond yield Increases 2.85% to 6.140% from 5.965% in the week gone by. US 10 year benchmark decreases to -11.48% as compared to 0.636% in the previous week. Minutes of the RBI MPC meet clearly exhibited committee members’ angst over striking a balance between inflation, which is running higher…
Pidilite Industries Limited, is an Indian adhesives manufacturing company.It also sells art material, construction chemicals and other industrial chemicals. It manufactures products which can be segmented into consumer products: art materials & stationary, publications, food & fabric care, car products and adhesives & sealants, specialty industrial products: industrial adhesives, industrial pigments, industrial & textile resins…
Company: Indian Energy Exchange is engaged in a Power Exchange, licenses by the Central Electricity Regulatory Commission (CERC) for spot trading in power / electricity and trading of Renewal Energy Certificate (REC) and Ecerts. It’s a market-leading Niche Company having 95% market share in the power trading segment. The company enjoys a monopolistic business environment…
Mayur Uniquoters is the largest synthetic leather player, which uses the ‘Release Paper Transfer Coating Technology’ to manufacture synthetic leather. The company has a full range of machinery to fulfil knitting, processing, heat setting, coating, embossing, printing, lacquering, sueding, tumbling and laminating needs. There are two primary types of faux leather maufacturing: (1) Polyurethane (“PU”)…
NIFTY: The Nifty opened with a gap down of almost 91 points at 11317, then went up and then moved sideways throughout the day. Finally, the Nifty closed almost near the open at 11312 down by 96 points. A rally after the gap down made today’s high at 11361.45 and then around 1:15 PM the…
NIFTY: The Nifty had a nothing day, closing almost where it closed on the previous day. The Nifty closed higher by 23 points, The index opened higher with a gap up of more than 50 points. Prices have traded very choppy and narrow. The opening gap was somehow maintained, as the Nifty closed near the…