ETMarkets Trade Talk: College professor hits jackpot with noiseless style of stock trading
Many people lack the knowledge and resources they need to succeed in the stock market. As a professor, I have the skills to convey complex concepts in a way that is easy to understand. This led me to my calling of educating others about the ‘Science of Trading, while also trading myself. Over the past five years, I have been able to turn my passion for trading into a fulfilling full-time profession."
Corporate Radar: HUL, Nippon Life India to trade ex-dividend, Adani Ports, Sun Pharma results and more
Adani Ports, Chambal Fertilizers, Cholamandalam, Dhanuka, JK Tyre, Kansai Nerolac, Karnataka Bank, LIC Housing Fiaance, Sun Pharma, Tata Investment, Tech Mahindra, UPL, Voltas, Varun Beverages, Max Healthcare and Macrotech among others will be announcing their Q2 results.
Stocks in the news: Tata Steel, Sun Pharma, Airtel, Axis Bank, L&T and Glenmark
Sun Pharma, Adani Ports, TechM, UPL, Voltas, Varun Beverages, Chola Finance, UPL, Macrotech Developers, Max Healthcare, Kansai Nerolac and LIC Housing are among the companies that will announce their results for September 2022 quarter today.
Paints stocks rally up to 5%. Here’s what fueling the surge
Crude derivatives are among the major raw materials for paint companies. Therefore, a fall in crude prices benefits such companies, as it increases their margins, lowers input costs and thereby increases the profitability of the companies.For the first time since February, Brent crude futures finished $4.83 lower at $88 per barrel yesterday
Looks like things are going to turn for the better in the market: Daljeet Singh Kohli
“Market now looks willing to take the bad news in its stride and usually that will be a good sign for trend reversal. In the last seven, eight months, we have seen that the market was not only ignoring good news, but bad news was being thrashed like anything. This is giving us the first sign that probably things are going to be turning better from here.”
Anuj Jain on Kansai Nerolac results, competition and growth going ahead
“When new competition enters our sector, it is important for us to just concentrate on our strength and strategy and to correct if any weakness is there over a period of time. There is no question of feeling threatening here because the industry size is good, the growth is good, and it takes time for any new player to come and create a distribution and relationship network with dealers.”
Kansai Nerolac shares zoom 19% as Q1 PAT rises 36%
The company reported a 36.51 per cent increase in its consolidated net profit to Rs 152.05 crore for the first quarter ended June 30, 2022. It had posted a net profit of Rs 111.38 crore in the April-June period a year ago.
Kansai Nerolac Paints Q1 net profit up 36.5 pc to Rs 152 cr; sales up 46 pc
Kansai Nerolac Paints Managing Director Anuj Jain said, "This quarter saw a healthy demand for both Decorative and Industrial Paints. There has been a revival in demand in Industrial led by increased demand in Automotive due to the gradual easing of the chip shortages."
Corporate Radar: Airtel, GAIL to turn ex-dividend; ITC, Zomato Q1 results; AGMs, and more
Fortis Healthcare, Alkyl Amines Chemicals, Goodyear India and RCL Retail will have their annual general meetings (AGM) today. The boards of Easy Trip Planners will meet today to consider the Employees Stock Option Plan. Monday is the record date for dividends by Rossell India, Saksoft and Shilchar Technologies among others.
SGX Nifty up 25 points; here's what changed for market while you were sleeping
Asian stocks opened mixed on Monday as few stocks opened higher whereas Chinese and other markets opened with more losses Monday morning after muted data, which saw a surprise contraction in July, adding to worries about the world's number two economy. MSCI's index of Asia-Pacific shares outside Japan was down by 0.34 per cent.
Stocks in the news: ITC, Yes Bank, HDFC, Dr Reddy, DLF, M&M and Zee
ITC, Varun Beverages, UPL, Zomato, Max Financial, Escorts Kubota, Kansai Nerolac, The Ramco Cements, Carborundum Universal, Alkyl Amines, Castrol and PSB are among the companies that will announce their earnings for the quarter ended June 2022.
Celebs, influencers take legal opinion on claims as CCPA guidelines come into force
Amitabh Bachchan posted on his Instagram and Tumblr accounts that he's been "given notices" about what he promotes and that there are strict rules on what can be endorsed now. "Else it is becoming illegal. So several posts of mine have been given notices that the change should be done...!! It's a tough life, ain't it," Bachchan wrote.
Trade Spotlight | What should you do with Himadri Speciality Chemical, Kansai Nerolac Paints, Tube Investments on Thursday?
Himadri Speciality Chemical rallied 15.88 percent to Rs 73.35 and formed strong bullish candlestick pattern on the daily charts with higher than average volumes. Even on weekly basis, there was a bullish candle formation and on the monthly scale, the stock has seen Bullish Engulfing pattern, indicating positive trend.
Bullish on 3 stocks in auto sector; IT compelling in near term: Hemang Jani
“Within the auto sector, we like Maruti which is a top-of-mind company because the business visibility is still very high and coupled with that, there is some capex and some cooling off in the raw material prices that would really bring far more comfort to that play. We also like Mahindra & Mahindra and Hero Motors.”
The paint manufacturer reported a decline of 84.49 per cent in its consolidated net profit to Rs 19.17 crore for the fourth quarter ended March. The company had posted a net profit of Rs 123.62 crore in the January-March quarter a year ago.
Stocks in the news: Cipla, Voda Idea, Wipro, PNB, Adani Ports and Kansai Nerolac
Adani Ports, PNB, Petronet LNG Relaxo Footwears, Indian Bank, SKF India, BSE, Lakshmi Machine Works, Birla Corporational and Kalyan Jewellers are among the companies which will announce their earnings today.