Category Archives: Stock Market

TTK Prestige’s dream run in Indian share markets!

TTK Prestige’s dream run in Indian share markets!

TTK Prestige has posted robust Q2 profits/earnings at Rs.33.71 crore; a jump of 55% from the quarter ended September 30, 2010 figures. Its total income for the quarter surged by 52% year-on-year at Rs.303 crore. TTK Prestige is involved in providing total kitchen solutions such as pressure cookers, non-stick cookware, mixer-grinders, pop-up toasters and electric…Continue Reading

Two Stocks to Sell as well as Buy – L&T & Thermax!

Two Stocks to Sell as well as Buy – L&T & Thermax!

Shares of L&T and Thermax can be sold as well as bought from different time perspectives. While shares of L&T and Thermax can be sold by traders with short-term perspective, investors can latch-on to these stocks on any sharp down move from long-term perspective. While both the engineering stocks seem weak on technical charts, the…Continue Reading

New Mining Bill 2011 negative for Coal India!

New Mining Bill 2011 negative for Coal India!

The Union Cabinet has approved the draft mining bill that would not require profit-sharing with local communities and royalty payments to advocate “sustainable and scientific” mining across the country. The proposed bill mandates give away of 26% profit pie of coal miners towards the welfare of the tribes and displaced population in the region. This…Continue Reading

Anil Ambani-led ADAG shares test 52-week lows!

Anil Ambani-led ADAG shares test 52-week lows!

Anil Ambani-led ADAG shares have crashed amid reports that investigators widened their telecom scandal probe and that the three jailed men had retracted their testimony taking responsibility for decisions made by the Group’s telecom unit. Reports suggest that the CBI has tightened its noose by launching a detailed investigation on the alleged role of Anil…Continue Reading

Top 5 Blue-chip Stocks for Investment!

Top 5 Blue-chip Stocks for Investment!

At a time when equity markets are struggling with fears of global slowdown and sovereign debt crisis in the advanced economies, it does make sense to invest money in strong fundamental blue-chip stocks which can bear the brunt of slowdown by their contribution to the Indian economy. You can either pick from the list of…Continue Reading