DSP Blackrock stopping fresh flow to the Microcap Fund - Morningstar Investment

Below is the views on DSP Blackrock stopping fresh flow to the Microcap Fund by Mr. Himanshu Srivastava, Senior Analyst Manager Research, Morningstar Investment Adviser India 

In our opinion, the decision of DSP BlackRock Mutual Fund to stop fresh inflows into DSP BlackRock Microcap Fund is a welcome move and a step in the right directi

Sell MCX Crude Oil November between 3030 – 3050, Stoploss – 3120, Target – 2850 / 2830 - Angel Broking

NSE USDINR

NSE USDINR Nov as seen in the weekly chart above has opened the week with gap down at 66.98 levels and at the starting of the week it made a weekly high of 67.11 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 66.87 levels. This week prices have closed below the pr

14/11/2016 5:59:48 PM | Posted in Mutual Fund More News read full news
Telecom Sector - The IUC Saga - Motilal Oswal

* RJio’s free voice offering has shaken up the traditional voice market. The current point of interface (POI) issue may be short-lived. It is worth discussing two things:

1. Has RJio underestimated the cost overrun related to interconnect usage charge (IUC)?

2. Is IUC likely to see a sharp revision, which could hurt the incumbent operat

26/09/2016 6:08:12 PM | Posted in Mutual Fund More News read full news
10 year Benchmark 7.59% GOI 2026 likely to move in the range of 7.05% to 7.14% levels - GEPL

Government Security Market:

Update 10 Year Benchmark government bond moved towards 7.16 per cent in this week after CPI and WPI both jumped to 6.07% and 3.55% respectively from 5.77% and 1.62% in the last month and managed to close below 7.10 per cent on Friday. Buying from FIIs and other investors has added to the price appreciation. Bond yields have

23/08/2016 1:21:21 PM | Posted in Mutual Fund More News read full news
Buy Crompton Greaves Ltd For Target Rs.80.00 - RCML

Strong quarter, maintain BUY

CRG’s Q4FY16 results were ahead of estimates (adj. standalone PAT at Rs 932mn) on account of a better-than-expected performance in the standalone entity. Importantly, EBIT margins in the industrial segment increased 220bps YoY to 12.6%, which management attributed to increased efficiency. Management expects to execute

11/06/2016 5:22:03 PM | Posted in Mutual Fund More News read full news
Accumulate Somany Ceramics Ltd For Target Rs.556.00 - SKP Securities Ltd

Company Background

Somany Ceramics Limited (SCL), promoted by Mr. H L Somany (now Chairman Emeritus) in 1968, is the third largest player in India’s Ceramic Tiles industry under “SOMANY” brand with a combined manufacturing capacity of ~60 MSM which includes its own manufacturing facilities in Gujarat & Haryana and its JV manufact

11/06/2016 5:18:53 PM | Posted in Mutual Fund More News read full news
Buy Gujarat Industries Power Company Ltd For Target Rs.103.00 - Emkay

* GIPCL reported strong Q4FY16 aided by better YoY PAF during the quarter. APAT increased 11.2% YoY to Rs615mn and was above our estimates due to improved PAF across all plants and higher other income of Rs163mn vs our estimate of Rs70mn.

* Earnings reverted to normal levels in Q4FY16 as the operations at Surat phase-2 U-3 stabilized post outages during Q3FY16. PLF at SLPP Phase-2 was

11/06/2016 5:16:33 PM | Posted in Mutual Fund More News read full news
Acccumulate Canara Bank Ltd For Target Rs.201.00 - Reliance

Canara Bank has reported highest ever loss in its history in 4QFY16 with its new management fully recognising impairment and ensuing provisioning impact of asset reclassification in compliance with AQR by the RBI. Moreover, it has also fully provided for UDAY bonds/SEB exposure and loan to Punjab Govt. This has led to sharp rise in slippages to Rs146bn in 4Q (at slippage ratio of 17.6%) v/s Rs5

11/06/2016 5:11:32 PM | Posted in Mutual Fund More News read full news
Hold Karur Vysya Bank Ltd For Target Rs.494.00 - India Nivesh Securities Ltd

Karur Vysya Bank (KVB) reported better than expected results with 19% yoy increase in Net Interest Income to Rs 4.7 bn (vs exp of Rs 4.3 bn) led by healthy NIMs (rep) of 3.6%. Loan growth continues to remain lower at 7% yoy. On back of 8% yoy decline in Non interest income, Operating profit came in lower than expectation at Rs 2.6 bn. However Net Profit was ahead of expectation at Rs 1.4 bn led

11/06/2016 5:08:58 PM | Posted in Mutual Fund More News read full news
Buy Navneet Education Ltd For Target Rs.111.00 - Prabhudas Lilladher Ltd

Navneet’s Q4FY16 results were weaker than expected with flattish revenues of Rs 1.84bn and drop in margins by 480bps YoY to 13.2%. Though publishing business continued to remain strong with 15% YoY revenue growth and EBITDA margin of 28% (Vs 20% YoY), Stationery business continued to remain a drag. Exit margins for stationery segment were at 7.9%, a YoY decline of 900bps. Revenues too dec

11/06/2016 5:05:25 PM | Posted in Mutual Fund More News read full news
Buy Alkem Laboratories Ltd For Target Rs.1,700.00- Motilal Oswal

4QFY16 results impacted by one-off; adjusted PAT surpasses estimate

*  Alkem’s net sales for 4QFY16 stood at INR11.4b, up 25% YoY, driven by a strong domestic performance (up 22% YoY) and impressive ramp-up in the US business (up 18% YoY). After adjusting for a one-off cost of INR180m, the EBITDA margin came in at 15.4% (vs. our estimate of 16.4%),

11/06/2016 5:03:04 PM | Posted in Mutual Fund More News read full news
Sell United Spirits Ltd For Target Rs.2,350.00 - Religare Capital Markets Ltd

Slow Motion

We returned with little optimism from UNSP analyst meet with the mgmt being sanguine about improvement in product mix, margin profile and capital efficiency in the near term Though mgmt continues to guide for double digit sales growth and mid-teens margins in the medium term (however no specific timelines), we believe higher investments will restri

11/06/2016 4:59:01 PM | Posted in Mutual Fund More News read full news
Hold Gujarat State Fertilizer & Chemicals Ltd For Target Rs.74.00 - Emkay

Result highlights
* Revenue growth of 32%yoy to Rs 17.0bn (above est of Rs 14.1bn) was primarily led by
higher revenues in fertiliser segment at Rs 12.6bn (+58% yoy) while chemical segment
revenue dropped to Rs 4.3bn (-11% yoy)


* Loss in chemical segment of Rs 402mn on the back of contraction of caprolactambenzene
spread, tec

11/06/2016 4:56:36 PM | Posted in Mutual Fund More News read full news
Positive Astral Poly Technik Ltd - Sharekhan

Key points

Š Good volume pick up in Q4FY2016:

Astral Poly Technik (Astral) reported 13% yearly growth in Q4FY2016 revenue mainly led by 26% volume growth in its pipes business (74% of consolidated revenue). Margins improved marginally to 12% led by a better operating performance of the adhesives business. Further aide

11/06/2016 4:50:27 PM | Posted in Mutual Fund More News read full news
Buy State Bank Of India For Target Rs.194.00 - Reliance Securities Ltd

समकक्ष से बेहतर प्रदर्शन

क्यों करें निवेश

RBI द्वारा की जा रही ऋण गुणवत्ता समीक्षा के चलते State Bank of India (SBI) ने अधिक स्लिपेज के मामले में हमे

11/06/2016 4:43:13 PM | Posted in Mutual Fund More News read full news
CCI gives green nod to 5 merger & acquisition deals

Watchdog Competition Commission of India (CCI) has said that it has cleared five merger and acquisition deals, including JP Morgan’s Indian mutual fund business purchase by Edelweiss, as per the media reports. Competition Commission keeps a tab on unfair business practices across sectors and deals beyond a certain threshold requiring its approval. CCI has approved five deals, according to

4/06/2016 5:49:11 PM | Posted in Mutual Fund More News read full news
Birla Sun Life MF launches Birla Sun Life Capital Protection Oriented Fund - Series 20; NFO to close on April 2

News Details

Birla Sun Life Mutual Fund has launched a new close ended capital protection oriented scheme named “Birla Sun Life Capital Protection Oriented Fund - Series 20” with maturity period of 1094 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

The NFO opened for subscription today and

11/Apr/2014 01:56 PM | Posted in Mutual Fund More News read full news
Birla Sun Life MF launches Birla Sun Life Fixed Term Plan - Series LC (369 days); NFO to close on April 16

News Details

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series LC (369 days)” with maturity period of 369 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on April 16.

Acco

10/Apr/2014 12:38 PM | Posted in Mutual Fund More News read full news
Deutsche MF launches DWS Fixed Maturity Plan Series 65 (DFMP - 65); NFO to close on April 10

News Details

Deutsche Mutual Fund has launched a new close ended debt fund scheme named “DWS Fixed Maturity Plan – Series 65 (DFMP - 65)” with maturity period of 369 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and it will also close today.

Accor

10/Apr/2014 12:36 PM | Posted in Mutual Fund More News read full news
IDFC MF launches IDFC Fixed Term Plan - Series 91 (369 Days); NFO to close on April 15

News Details

IDFC Mutual Fund has launched a new close ended income scheme named “IDFC Fixed Term Plan – Series 91 (369 Days)” with maturity period of 369 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on April 15.

According to the o

10/Apr/2014 12:35 PM | Posted in Mutual Fund More News read full news
ICICI Prudential MF launches ICICI Prudential Fixed Maturity Plan-Series 74-370 Days Plan A; NFO to close on Ap

News Details

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 74-370 Days Plan A” with maturity period of 370 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on April 15.

10/Apr/2014 12:33 PM | Posted in Mutual Fund More News read full news
Reliance MF launches Reliance Fixed Horizon Fund- XXVI- Series 13; NFO to close on April 16

News Details

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVI- Series 13” with maturity period of 367 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on April 16.

According to the of

10/Apr/2014 12:32 PM | Posted in Mutual Fund More News read full news
L&T MF launches L&T FMP SERIES XI-PLAN A (370 days); NFO to close on April 10

News Details

L&T Mutual Fund has launched a new close-ended debt scheme named “L&T FMP SERIES XI-PLAN A (370 days)” with maturity period of 370 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on April 10.

According to the offer docu

09/Apr/2014 01:55 PM | Posted in Mutual Fund More News read full news
HDFC MF launches HDFC FMP 1100D April 2014 (1); NFO to close on April 15

News Details

HDFC Mutual Fund has launched a new close ended income scheme named “HDFC FMP 1100D April 2014 (1)” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on April 15.

According to the offer document filed

09/Apr/2014 02:00 PM | Posted in Mutual Fund More News read full news
Birla Sun Life MF launches Birla Sun Life Fixed Term Plan - Series LD (730 days); NFO to close on April 11

News Details

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series LD (730 days)” with maturity period of 730 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on April 11.

Acco

09/Apr/2014 01:45 PM | Posted in Mutual Fund More News read full news