Asmeet Shah

Karur Vysya Bank CMP 59.7 well placed fundamentally & technically up move

Karur Vysya Bank (CMP59.7) is well placed fundamentally & technically for good up move from here on Last week released stellar Q2 results : Net profit up 44% at Rs 165.5 crVs Rs 115 cr(YoY) NII up 13.1% at Rs 680.3 crVs Rs 601.5 cr(YoY) Gross NPA at 7.4% Vs 8%; net NPA at 3%…More

Technical Update ICICI Securities CMP 801

The Stock is showing good traction & momentum in near term to short term Delivery %(Volume) Above 40% average in last 1 week Bullish on Daily & Weekly timeframe Resistance at 835,880 Support at 769More

Techincal Update Reliance CMP 2593

The Stock is showing good traction & momentum in near term to short term Delivery %(Volume) Above 60% average in last 1 week Bullish on Daily & Weekly timeframe Resistance at 2656,2704, Support at 2555More

Techincal Update: Infosys CMP 1780

The Stock is showing good traction & momentum in near term to short term Delivery %(Volume): Above 70% average in last 1 week Bullish on Daily & Weekly Timeframe, Resistance at 1835,1880, Support at 1740More

Nifty View: 14 Nov

Short Term Trend is postive with upside potential to reach 18300+ levels Medium Term Trend is postive with upside potential to reach 18600+ levels For next week if any day Nifty would close above short time frame resistance (18090 – 18125), the likely move to 18250 – 18315 – 18450. In case closes below short…More

IPO GMP Update 14 Nov

IPO GMP Update Policy 155 (IPO Price 980) GMP / IPO Price Ratio – 16%Latent 341 (Price 197) GMP / IPO Price Ratio – 173%Sapphire 67 (Price 1180) GMP / IPO Price Ratio – 6%Sigachi 235 (Price 163) GMP / IPO Price Ratio – 144%SJS 74 (Price 542) GMP / IPO Price Ratio – 14%Tarsons…More

IPO Update: Listing of Policybazaar, Sigachi and SJS on 15 Nov

Listing of Policybazaar, Sigachi and SJS will take place on 15th Nov. Sigachi will be listed under T2T Category and will remain in this segment for 10 trading days. Intraday Buy/Sell are NOT ALLOWED in Sigachi. And it is ALLOWED in other 2 IPOs.More

KPIT… Zooming times ahead….

Hydrogen Fuel Technology Sentient Labs, the incubator for KPIT, achieved a breakthrough by generating hydrogen directly from agricultural residue (biomass) for use in fuel cell-powered vehicles. They developed a process of anaerobic digestion of biomass for hydrogen generation. The biggest challenge in Hydrogen Fuel car tech is that high import cost has been prohibitive. KPIT…More

Globus Spirits All-round performance

Globus Spirits All-round performance in spite of plant closure (90% Capacity utilization Vs 99%) Half of the earnings coming from consumer business, which is growing very well EBITDA margins 23% against #RadicoKaitan 16%. That’s astonishing. Bihar, Haryana, WB, Jharkhand all the sites to be fully operational by Q4 & Q1. Significant room for revenue growth…More