Trendlyne Blog: The Baseline, Latest on stock market and finance in India and the world.

30 Nov 2017

Expect GDP to be strong, analysts say; Indiabulls Housing gets rating upgrade

Global economy: Asian markets fell, and Janet Yellen, the outgoing US Fed Chief issued a caution on the rising public debt in the US, though she said threats to the US financial system appear "moderate". The Republican tax plan being battled out in the US Congress cuts corporate taxes substantially. As written, the tax bill would cause a $1.4 trillion increase to the national deficit over the next decade.

Indian economy: Analysts are expecting to see improved GDP growth numbers for the September quarter (due today after market hours) as the impacts of demonetization and the switch to the new tax regime fade. Small business recovery has been happening more slowly, and this segment needs lower inflation and a strong revival in consumer demand to see a boost.

Indiabulls Housing Finance has received a boost, with a rating upgrade by S&P to AAA.

Promoter buys, sells: Prabhat Dairy (2 lakh shares bought), Granules India (1.6 lakh shares bought), Parag Milk Foods (10,000 shares bought), Borosil Glassworks (64,000 shares sold)

Photo: Camila Damasio

The Baseline

29 Nov 2017

Block deals today: What's hot

The following block deals took place today. Since detailed filings happen EoD, buyers and sellers are not immediately available.

GNA Axles saw 10 lakh shares (5% stake) change hands at Rs 390.35-395.30 per share on the BSE. Share price of the company rose sharply yesterday by nearly 7%, and fell today by over 5%.

Steel company SAIL saw 18.7 lakh shares change hands in a single block deal. The company is under pressure to make a profit after the government ordered a cutting of costs, and asset disposals at the loss-making 63-year-old mill.

V-Guard saw 29.8 lakh shares (0.7 percent equity) change hands in two blocks on the NSE and BSE at Rs 235 per share. The share price is up today on high volumes. The trendline for the company has been up overall after it posted healthy results in the September quarter.

ICICI Bank saw 21 lakh shares change hands in a single block deal. News reports say that IndoStar Capital has backed off from buying ICICI Home Finance.

Action Construction Equipment saw 45.2 lakh shares (3.8% equity) change hands at between Rs 134.35-139.5 per share on NSE. The stock fell sharply by 6.1% today to Rs 139.20, after hitting a year high earlier this month.

The Baseline

29 Nov 2017

Updates: GDP data release may be impacted by GST, cost overruns in L&T's Hyderabad Metro

From flight business to on the ground business: SpiceJet says that it has incorporated a wholly-owned subsidiary that would engage in real estate business. The new subsidiary 'Canvin Real Estate Pvt Ltd' has a paid capital of Rs 1 lakh.

September quarter GDP data is due on Thursday, and many are expecting growth to be an improvement over the 5.7% logged in the June quarter. However, sales tax growth is counted in the GDP estimates, and the GST rollout would consequently impact calculations of the GDP number.

Nestle India, the makers of Maggi instant noodles, has been fined Rs. 45 lakh by the district administration in Uttar Pradesh's Shahjahanpur over what they claimed was contamination of samples. The administration said Nestle distributors in the region have been fined Rs. 17 lakh, taking the total penalty to Rs. 62 lakh including the amount Nestle India has been asked to pay. Nestle says that this looks like "the application of incorrect standards".

The Hyderabad Metro started service on Tuesday, and the fare hike by 150% is likely to benefit Larsen & Toubro (L&T), says CLSA. However, the delays in completing the project are leading to cost overruns. L&T has reportedly sought more than two years for completion of the Hyderabad Metro project, and the delays have increased the estimated cost of the project from over Rs 14,100 crore to Rs 18,800 crore. The administration said that is in talks with L&T to try and resolve the issue.

The Baseline

28 Nov 2017

What's hot: Bulk deals in the market

Investor Ramesh Shah sold 18 lakh shares (1.5% stake) in jewelry firm Gitanjali Gems at Rs. 93.05. The company has hit a new year high today on high volumes.

India Max Investment Fund sold 1.75 lakh shares (0.7% stake) in Websol Energy Systems. India Max has been gradually offloading stake in the company, selling 1.47 lakh shares on 14 November and 2 lakh shares on 10 November.

SBI Mutual Fund sold 2 lakh shares (0.7% equity) in UFO Moviez at a Rs. 485.05 share price.

Sarva Priya Exports sold 2.20 lakh shares, which amounts to a 1.6% stake in BCL Industries

Seminary Tie Up sold 2.70 lakh shares (1.7% equity) in Cantabil Retail, which hit a year high today on significant volumes.

Capston Capital Partners sold 2.29 lakh shares (0.5% stake) in brewing company Pincon Spirit. Share price of the stock is down today.

Photo by Appaiah

The Baseline

28 Nov 2017

Recommendations on net neutrality rules coming today: TRAI

Update: Newly released guidelines by TRAI have strongly supported net neutrality. The guidelines state that no internet access service provider can put any form of discrimination, restriction or interference in the treatment of content, including practices like blocking, degrading, slowing down or granting preferential speeds or treatment to any content. “A Licensee providing Internet Access Service shall not engage in any discriminatory treatment of content, including based on the sender or receiver, the protocols being used or the user equipment,” TRAI wrote.

Even as Trump-appointed FCC Director Ajit Pai plans to undo net neutrality in the US, gutting rules that bar internet service providers (ISPs) from blocking or slowing down access to content, TRAI is set to issue its own guidelines for India today. TRAI Chief Ram Sewak Sharma said that the guidelines would be issued sometime during the day.

So far, TRAI has adopted a pro-net neutrality stand, barring zero data charges plans that telecom providers had launched that provided free access to some websites. Trai had in January floated a consultation paper on the net neutrality issue, and had asked for inputs on how to ensure non-discriminatory access to content online. It also held an open house discussion on the topic in August. The regulator is expected to uphold net neutrality overall.

TRAI Chief Ram Sewak Sharma is not new to controversy. He was in the news in previous months as the conflict between Reliance Jio and other telecom providers escalated, and after TRAI decided to slash the Intercoonect Usage Charges that provide revenues to telecom providers but that Jio wanted removed. He was also previously the Director General of the UIDAI during Nandan Nilekani's tenure as Chairman.

The Baseline

27 Nov 2017

What's hot: Bulk deals in the market

Franklin Templeton MF bought 7.15 lakh shares (1.2% stake) in Vardhman Textiles, while Mahavir Share Trust sold 6.9 lakh shares in the company. This is the second offload by Mahavir Trust in the company - it had recently sold shares in Sep 2017. Vardhman has seen declining net profits (fell by 71%) and revenues in the most recent September quarter.

DSP Blackrock Mutual Fund bought 9.5 lakh shares of GHCL, while Bhoomi Family Trust sold 11 lakh shares. The company has hit a new year high in share price today.

Promoter Gammon Power sold 1.5 crore shares (1.6% stake) in Gammon Infrastructure. Promoter pledge in the company has hit 100% of promoter holdings, a bad sign in terms of indebtedness.

RBL Bank saw Norwest Venture Partners X sell 56.21 lakh shares (approximating to 1.4% stake) at a Rs. 510 share price, below the company's share price averages.

Kabra Extrusion Technik is falling on high volumes today. Antique Broking bought 5.83 lakh shares (1.8% equity) while Battenfeld-Cincinnati Germany GMBH sold 38 lakh shares in the company.

The Baseline

27 Nov 2017

Stock reports for the week of November 19 -26, and analyst stock pick

Stock reports for the week of November 19 - 26 are live, with stock calls from Motilal Oswal, HDFC Securities, Axis Direct and more. Stock pick of the week is CESC Limited, which has high upsides in recent calls. Analysts believe that the demerger into four separate businesses (the NCLT-directed shareholder meeting for approval of the demerger is scheduled on December 15) would significantly unlock value for the company in both the distribution and retail segments.

Date	Stock	Target	Upside (%)	Type	CMP	Broker	Change in past 6M
2017-11-24	Skipper Limited	253.00	-7.33%	NEUT.	273.00	HDFC Securities and 1 other	1x Reco
2017-11-24	SH Kelkar and Co. Ltd.	327.00	23.86%	Buy	264.00	HDFC Securities
2017-11-24	Symphony Limited	1714.00	8.14%	Buy	1585.00	Religare
2017-11-24	Bajaj Auto Limited	-	-%	Buy	3277.75	Way2Wealth and 1 other
2017-11-24	Cadila Healthcare Limited	411.00	7.40%	Sell	443.85	Angel Broking and 1 other	1x Reco
2017-11-24	Indoco Remedies Limited	136.00	53.18%	Sell	290.50	Angel Broking
2017-11-24	Dr. Reddy's Laboratories Lim..	2040.00	11.27%	Sell	2299.00	Angel Broking	1x Reco
2017-11-24	Sun Pharmaceuticals Industri..	615.00	12.65%	Buy	545.95	Angel Broking and 1 other	1x Reco
2017-11-23	Bata India Limited	578.00	22.93%	Sell	750.00	Motilal Oswal and 1 other	2x Reco
2017-11-23	Power Mech Projects Limited	764.00	0.13%	Hold	763.00	Reliance Securities	1x Reco
2017-11-23	Jain Irrigation Systems Limi..	140.00	20.85%	Buy	115.85	Karvy
2017-11-23	Shriram Transport Finance Co..	1475.00	17.06%	ACC.	1260.00	CD Equisearch and 1 other	1x Reco
2017-11-22	Bharat Electronics Limited	217.00	17.30%	Buy	185.00	Religare
2017-11-22	PC Jeweller Limited	490.00	23.86%	Buy	395.60	Motilal Oswal
2017-11-22	NCC Limited	112.00	1.40%	ACC.	110.45	Dolat Capital	1x Reco 1x Reco
2017-11-22	Dilip Buildcon Limited	1261.00	32.26%	Buy	953.40	Dolat Capital and 1 other	1x Reco
2017-11-22	Adani Ports and Special Econ..	-	-%	Mgmt Note	399.35	Edelweiss and 1 other
2017-11-22	Wonderla Holidays Limited	377.00	2.89%	Hold	366.40	Axis Direct
2017-11-22	Elgi Equipments Limited	235.00	-10.12%	Hold	261.45	Axis Direct
2017-11-22	INOX Leisure Limited	337.00	21.97%	Buy	276.30	Nirmal Bang Institutional
2017-11-22	Rallis India Limited	189.00	18.53%	Sell	232.00	Angel Broking
2017-11-22	UPL Limited	805.00	6.30%	ACC.	757.30	Angel Broking	1x Reco
2017-11-21	Insecticides (India) Limited	815.00	-1.63%	NEUT.	828.50	HDFC Securities and 1 other	1x Reco 1x Reco
2017-11-21	Swaraj Engines Limited	2252.00	15.11%	Buy	1956.40	Religare
2017-11-21	Strides Shasun	1200.00	45.37%	Buy	825.50	HDFC Securities and 1 other
2017-11-21	Gujarat Pipavav Port Limited	174.00	15.50%	Buy	150.65	Emkay	1x Reco
2017-11-21	Bajaj Electricals Limited	468.00	0.03%	Buy	467.85	Karvy
2017-11-21	Finolex Cables Limited	657.00	4.29%	Hold	629.95	Karvy	1x Reco
2017-11-21	CESC Limited	1360.00	33.54%	Buy	1018.45	Motilal Oswal
2017-11-21	MindTree Limited	600.00	14.29%	Buy	525.00	Motilal Oswal	3x Reco 2x Reco
2017-11-21	National Buildings Construct..	300.00	12.61%	Buy	266.40	Reliance Securities	1x Reco
2017-11-21	JK Tyre & Industries Limited	165.00	12.78%	Buy	146.30	Reliance Securities
2017-11-21	Heritage Foods Limited	850.00	16.37%	Buy	730.45	Edelweiss
2017-11-21	PNC Infratech Limited	222.00	18.34%	Buy	187.60	Edelweiss
2017-11-20	Cox & Kings Limited	-	-%	-	273.20	Way2Wealth
2017-11-20	Britannia Industries Limited	-	-%	Economy Update	4795.65	Way2Wealth and 1 other	1x Reco
2017-11-20	Petronet LNG Limited	316.00	24.41%	Buy	254.00	Joindre Capital Services	1x Reco
2017-11-20	S Chand and Company Ltd (SC..	679.00	44.30%	Buy	470.55	Prabhudas Lilladhar
2017-11-20	Aarvee Denims & Exports Limi..	-	-%	Strategy Note	47.60	Edelweiss
2017-11-20	Quick Heal Technologies Limi..	250.00	12.01%	Buy	223.20	Edelweiss
2017-11-20	Kirloskar Brothers Limited	308.00	14.50%	Buy	269.00	Edelweiss
2017-11-20	Bank of Baroda	180.00	2.62%	Hold	175.40	Axis Direct
2017-11-20	Eicher Motors Limited	31479.00	1.63%	Hold	30974.10	Axis Direct	2x Reco
2017-11-20	EID Parry India Limited	520.00	39.11%	Buy	373.80	Axis Direct
2017-11-20	JK Cement Limited	1220.00	22.98%	Buy	992.00	Axis Direct
2017-11-20	Navkar Corporation Limited	205.00	8.75%	Buy	188.50	Axis Direct
2017-11-20	The Phoenix Mills Limited	605.00	17.48%	Buy	515.00	Axis Direct
2017-11-20	Sadbhav Engineering Limited	416.00	12.74%	Buy	369.00	Axis Direct
2017-11-20	Karur Vysya Bank Limited	-	-%	Sell	119.90	Axis Direct and 1 other
2017-11-20	IG Petrochemicals Limited	802.00	11.54%	Buy	719.05	Axis Direct
2017-11-20	Somany Ceramics Limited	1000.00	16.56%	Buy	857.90	Reliance Securities
2017-11-20	Ahluwalia Contracts (India) ..	385.00	2.03%	Buy	377.35	Reliance Securities	1x Reco
2017-11-20	Adani Power Limited	26.00	26.35%	Sell	35.30	Reliance Securities	1x Reco
2017-11-20	Sanofi India Limited	-	-%	NEUT.	4470.00	Angel Broking
2017-11-20	Lupin Limited	1091.00	30.91%	Buy	833.40	Angel Broking
2017-11-20	Alembic Pharmaceuticals Limi..	600.00	16.54%	Buy	514.85	Angel Broking	1x Reco 1x Reco
2017-11-20	Cipla Limited	462.00	24.80%	Sell	614.40	Angel Broking
2017-11-20	GlaxoSmithKline Pharmaceutic..	2000.00	19.84%	Sell	2495.00	Angel Broking
2017-11-20	Aurobindo Pharma Limited	823.00	14.50%	Buy	718.75	Angel Broking	2x Reco

The Baseline

24 Nov 2017

Bulk deals: what's newest and hottest

Latest bulk and block deals:

Jwalamukhi Investment Holdings sold 12.11 lakh shares in AIA Engineering in two separate transactions. This amounted to a 1.3% equity stake. AIA Engineering is seeing muted enthusiasm among analysts, but saw a recent bullish run starting 21st November in its share price.

In a positive sign, company promoter DHG Marketing has bought 1.29 lakh shares in Steel Strips Wheels, whose share price has been bullish on a strong outlook for the coming quarters. GS Global Corp sold 1.24 lakh shares.

A fair amount of activity around Syngene, which saw a recovery in Q2 since the damages caused by a fire resulted in weak Q4 results last year. Gaoling Fund LP bought 15 lakh shares in the company, while Steadview Capital sold 19.5 lakh shares.

Visa Capital bought 2.5 lakh shares in MT Educare (Mahesh Tutorials). The company is seeing a jump in share price on high volumes today.

Hober Mallow Trust bought 1.62 lakh shares in textile company Garware Wall Ropes. The company received a BUY call from Religare in September, and has not yet hit the call's target price.

Photo: Sam Zeller

The Baseline

23 Nov 2017

Bulk deals: what's hot in big buys and sells

The following companies saw recent bulk deals in the markets:

Samara Capital sold 7.4 lakh shares (1.4% stake) in healthcare firm Thyrocare at a Rs. 668.18 share price. The company's share price is currently trending below its average broker price as well as its SMA 200.

Green India Venture Fund sold 18.7 lakh and 9.5 lakh shares of logistics firm GATI on 22 Nov and 21 Nov. GATI had gained over the last couple of days after the government accorded the logistics sector "infrastructure" status.

IFCI sold 22.5 lakh shares of Videocon. This looks like a fire sale - Videocon's share price has been steadily falling from around Rs. 60 in May 2017 to Rs. 12.82 at the time of this sale.

Aspire Emerging Fund bought1.8 lakh shares in IT Services firm Excel Infoways (Excel Realty N Infra).

Photo: Satish Krishnamurthy

The Baseline

20 Nov 2017

Stock research reports for the week of November 12 -20, stock pick of the week

Stock reports for the week are live, from Motilal Oswal, Kotak Securities, Axis Direct and more. Over 80 reports have landed this week, and stock pick from analysts is Mold Tek Packaging. The company had a muted Q2, but analysts are predicting strong growth driven by the F&F (Food & FMCG) segment. Sales from the company's new RAK plant are expected to drive it to break even by January 2018.

Date	Stock	Target	Upside (%)	Type	CMP	Broker	Change in past 6M
2017-11-17	Ahluwalia Contracts (India) ..	415.00	22.11%	Buy	339.85	HDFC Securities
2017-11-17	PNC Infratech Limited	203.00	11.35%	Buy	182.30	HDFC Securities
2017-11-17	HDFC Standard Life Insurance..	370.00	5.32%	Buy	351.30	Motilal Oswal
2017-11-17	Intrasoft Technologies Limited	654.00	0.93%	Hold	647.95	Choice India	1x Reco
2017-11-17	SP Apparels	500.00	31.93%	Buy	379.00	Edelweiss
2017-11-17	Jamna Auto Industries Limited	70.00	17.06%	Buy	59.80	Edelweiss and 1 other
2017-11-17	Alkem Laboratories Limited	2150.00	9.47%	Buy	1964.05	Axis Direct
2017-11-17	Balkrishna Industries Limited	1941.00	-7.22%	Hold	2091.95	Axis Direct	1x Reco
2017-11-17	Finolex Industries Limited	644.00	3.16%	Hold	624.25	Axis Direct and 1 other
2017-11-17	Gateway Distriparks Limited	280.00	6.89%	Buy	261.95	Axis Direct
2017-11-17	Indraprastha Gas Limited	310.00	2.43%	Hold	302.65	Axis Direct and 1 other
2017-11-17	Jagran Prakashan Limited	190.00	15.92%	Buy	163.90	Axis Direct
2017-11-17	JK Lakshmi Cement Limited	414.00	1.60%	Hold	407.50	Axis Direct and 1 other
2017-11-17	Larsen & Toubro(L&T) Limited	1283.00	3.80%	Hold	1236.00	Axis Direct and 1 other
2017-11-17	NTPC Limited	197.00	10.24%	Buy	178.70	Axis Direct and 1 other
2017-11-17	Suprajit Engineering Limited	315.00	13.90%	Buy	276.55	Axis Direct and 1 other	1x Reco
2017-11-17	Voltas Limited	530.00	-14.82%	Hold	622.20	Axis Direct and 1 other
2017-11-17	Bank of Baroda	152.00	18.28%	Sell	186.00	Nirmal Bang Institutional and 1 other
2017-11-17	Credit Analysis And Research..	1626.00	16.14%	ACC.	1400.00	Nirmal Bang Institutional
2017-11-17	Solar Industries India Limited	1315.00	10.44%	Buy	1190.65	Nirmal Bang Institutional and 1 other
2017-11-17	TD Power Systems Limited	-	-%	Not Rated	194.00	Nirmal Bang Institutional
2017-11-17	V.S.T Tillers Tractors Limited	2521.00	18.84%	Buy	2121.40	Nirmal Bang Institutional	1x Reco
2017-11-17	CEAT Limited	2030.00	14.81%	Buy	1768.20	Reliance Securities and 1 other
2017-11-17	Coal India Limited	301.00	8.98%	Buy	276.20	Reliance Securities and 1 other
2017-11-17	Techno Electric & Engineerin..	431.00	11.38%	Buy	386.95	Reliance Securities
2017-11-16	SPICEJET LTD.	145.00	1.01%	NEUT.	143.55	HDFC Securities
2017-11-16	Repco Home Finance Limited	770.00	23.89%	Buy	621.50	HDFC Securities and 1 other
2017-11-16	Britannia Industries Limited	5226.00	9.55%	Buy	4770.45	HDFC Securities and 1 other	1x Reco
2017-11-16	Aditya Birla Capital	231.00	14.64%	Buy	201.50	Motilal Oswal
2017-11-16	Mangalam Cement Limited	419.00	17.47%	Buy	356.70	Nirmal Bang Institutional and 1 other	1x Reco
2017-11-16	J.Kumar Infraprojects Limited	-	-%	Not Rated	264.40	Reliance Securities and 1 other	1x Reco
2017-11-16	MOIL Limited	259.00	4.96%	Buy	246.75	Reliance Securities and 1 other
2017-11-16	Cadila Healthcare Limited	554.00	23.48%	Buy	448.65	Reliance Securities and 1 other	1x Reco
2017-11-16	CESC Limited	964.00	-3.53%	Hold	999.25	Reliance Securities
2017-11-16	Kalpataru Power Transmission..	443.00	9.11%	Buy	406.00	Reliance Securities and 1 other
2017-11-16	Crompton Greaves Limited	78.00	-6.64%	Hold	83.55	Reliance Securities	1x Reco
2017-11-16	Gujarat Mineral Development ..	185.00	14.20%	Buy	162.00	Karvy and 1 other
2017-11-16	Minda Corporation Limited	189.00	-0.79%	Hold	190.50	Karvy and 1 other	1x Reco
2017-11-16	Tech Mahindra Limited	526.00	9.75%	ACC.	479.25	Angel Broking	1x Reco 3x Reco
2017-11-16	Shankara Building Products Ltd	1575.00	5.40%	Buy	1494.35	Edelweiss
2017-11-16	KNR Constructions Limited	310.00	15.33%	Buy	268.80	Edelweiss and 1 other
2017-11-16	Essel Propack Limited	304.00	-1.94%	Hold	310.00	Axis Direct
2017-11-16	Manappuram Finance Limited	118.00	14.51%	Buy	103.05	Axis Direct
2017-11-16	Trident Limited	108.00	22.73%	Buy	88.00	Axis Direct
2017-11-15	Adani Power Limited	-	-%	Results Update	33.90	HDFC Securities
2017-11-15	National Aluminium Company L..	-	-%	Results Update	81.30	HDFC Securities
2017-11-15	Reliance Communications Limi..	-	-%	Results Update	11.80	HDFC Securities
2017-11-15	Reliance Infrastructure Limi..	-	-%	Results Update	438.00	HDFC Securities
2017-11-15	Reliance Power Limited	-	-%	Results Update	37.15	HDFC Securities
2017-11-15	Idea Cellular Limited	120.00	23.97%	Buy	96.80	HDFC Securities and 1 other	1x Reco
2017-11-15	Vakrangee Limited	-	-%	Results Update	682.75	HDFC Securities
2017-11-15	Tata Chemicals Limited	-	-%	Results Update	718.00	HDFC Securities
2017-11-15	Dilip Buildcon Limited	942.00	9.99%	Buy	856.45	HDFC Securities and 1 other	1x Reco
2017-11-15	Mold-Tek Packaging Limited	374.00	22.42%	Buy	305.50	Religare and 1 other	1x Reco 1x Reco
2017-11-15	Castrol India Limited	446.00	12.48%	Buy	396.50	Religare
2017-11-15	AIA Engineering Limited	1497.00	6.93%	NEUT.	1400.00	HDFC Securities and 1 other	1x Reco
2017-11-15	NCC Limited	115.00	11.11%	Buy	103.50	HDFC Securities	1x Reco
2017-11-15	Sun Pharmaceuticals Industri..	485.00	-6.10%	NEUT.	516.50	HDFC Securities and 1 other	1x Reco
2017-11-15	Sonata Software Limited	230.00	7.43%	Buy	214.10	HDFC Securities and 1 other
2017-11-15	Fortis Healthcare Limited	185.00	40.26%	Buy	131.90	Motilal Oswal
2017-11-15	Indo Count Industries Limited	128.00	-1.20%	NEUT.	129.55	Motilal Oswal
2017-11-15	Manpasand Beverages Limited	492.00	21.78%	Buy	404.00	Motilal Oswal
2017-11-15	Prime Focus Limited	130.00	28.97%	Buy	100.80	Motilal Oswal
2017-11-15	Mahindra & Mahindra Limited	-	-%	ACC.	1412.50	Way2Wealth and 1 other
2017-11-15	JK Cement Limited	1260.00	20.14%	Buy	1048.80	Chola Wealth Direct and 1 other	1x Reco
2017-11-15	KRBL Limited	717.00	13.81%	Hold	630.00	Karvy and 1 other
2017-11-15	Mirza International Limited	205.00	34.82%	Buy	152.05	Karvy
2017-11-15	Aarti Industries Limited	1034.00	15.55%	ACC.	894.85	CD Equisearch
2017-11-15	GAIL (India) Limited	510.00	12.92%	Buy	451.65	IDBI Capital and 1 other	1x Reco
2017-11-15	Merck Limited	1179.00	2.50%	Hold	1150.20	IDBI Capital
2017-11-15	Astral Poly Technik Limited	685.00	-13.13%	ACC.	788.50	IDBI Capital	1x Reco
2017-11-15	Birla Corporation Limited	1300.00	19.57%	Buy	1087.25	Edelweiss and 1 other
2017-11-15	JSW Holdings Limited	-	-%	-	1839.00	Edelweiss
2017-11-15	Endurance Technologies Ltd	1313.00	9.13%	Buy	1203.10	Axis Direct	1x Reco
2017-11-15	Motherson Sumi Systems Limited	403.00	12.57%	Buy	358.00	Axis Direct and 1 other
2017-11-15	Page Industries Limited	21100.00	-9.14%	Hold	23223.30	Axis Direct	1x Reco
2017-11-15	Petronet LNG Limited	253.00	0.04%	Hold	252.90	Axis Direct and 1 other	1x Reco
2017-11-15	State Bank of India	380.00	14.06%	Buy	333.15	Axis Direct and 1 other
2017-11-15	Tata Motors Limited	520.00	23.50%	Buy	421.05	Axis Direct	1x Reco
2017-11-15	Thermax Limited	1140.00	13.16%	Buy	1007.45	Axis Direct and 1 other	1x Reco
2017-11-15	Ashok Leyland Limited	133.00	15.70%	Buy	114.95	Axis Direct and 1 other
2017-11-15	Steel Strips Wheels Limited	1100.00	32.53%	Buy	830.00	Axis Direct
2017-11-15	GMM PFAUDLER LTD.	662.00	15.73%	Buy	572.00	Axis Direct
2017-11-15	Minda Industries Limited	1177.00	10.81%	Buy	1062.15	Axis Direct	1x Reco 1x Reco
2017-11-15	Lumax Industries Limited	2245.00	17.45%	Buy	1911.40	Axis Direct
2017-11-15	Bata India Limited	755.00	1.75%	ACC.	742.00	Nirmal Bang Institutional
2017-11-15	Bharat Petroleum Corporation..	489.00	-1.72%	ACC.	497.55	Nirmal Bang Institutional and 1 other	1x Reco
2017-11-15	Eicher Motors Limited	35375.00	15.49%	ACC.	30629.10	Nirmal Bang Institutional and 1 other	2x Reco
2017-11-15	Sobha Limited	295.00	44.77%	Sell	534.10	Nirmal Bang Institutional and 1 other
2017-11-14	Arvind Limited	-	-%	Results Update	418.00	HDFC Securities and 1 other	1x Reco
2017-11-14	Pidilite Industries Limited	-	-%	Results Update	840.60	HDFC Securities
2017-11-14	Dhanuka Agritech Limited	712.00	5.33%	NEUT.	676.00	HDFC Securities
2017-11-14	Ashoka Buildcon Limited	274.00	30.82%	Buy	209.45	HDFC Securities
2017-11-14	Grasim Industries Limited	1302.00	11.77%	NEUT.	1164.85	Motilal Oswal
2017-11-14	IPCA Laboratories Limited	550.00	2.99%	NEUT.	534.05	Motilal Oswal	1x Reco 1x Reco
2017-11-14	Mangalore Refinery and Petro..	110.00	9.87%	Sell	122.05	Motilal Oswal
2017-11-14	SH Kelkar and Co. Ltd.	301.00	19.21%	Buy	252.50	Motilal Oswal and 1 other
2017-11-14	Multi Commodity Exchange of ..	1300.00	35.28%	Buy	961.00	Motilal Oswal
2017-11-14	Gabriel India Limited	217.00	11.91%	ACC.	193.90	Nirmal Bang Institutional and 1 other	1x Reco
2017-11-14	Gillette India Limited	7000.00	15.47%	Buy	6062.20	Nirmal Bang Institutional
2017-11-14	Bank of India	159.00	22.85%	Sell	206.10	Prabhudas Lilladhar
2017-11-14	Sadbhav Engineering Limited	370.00	16.13%	Buy	318.60	Prabhudas Lilladhar	1x Reco
2017-11-14	GTPL Hathway Limited	190.00	27.99%	Buy	148.45	Joindre Capital Services
2017-11-14	Sanghi Industries Limited	144.00	15.66%	Buy	124.50	Edelweiss and 1 other	1x Reco
2017-11-13	Oil India Limited	384.00	8.78%	NEUT.	353.00	HDFC Securities and 1 other
2017-11-13	Oracle Financial Services So..	-	-%	Results Update	3627.75	HDFC Securities
2017-11-13	Suzlon Energy Limited	-	-%	Results Update	13.55	HDFC Securities
2017-11-13	Sun TV Network Limited	-	-%	Results Update	838.80	HDFC Securities	1x Reco
2017-11-13	Nestle India Limited	-	-%	Results Update	7740.95	HDFC Securities and 1 other	1x Reco
2017-11-13	MRF Limited	-	-%	Results Update	69021.90	HDFC Securities
2017-11-13	Jain Irrigation Systems Limi..	-	-%	Results Update	107.35	HDFC Securities
2017-11-13	DLF Limited	-	-%	Results Update	224.35	HDFC Securities and 1 other	1x Reco
2017-11-13	FORCE MOTORS LTD.	4642.00	37.90%	Buy	3366.10	Religare
2017-11-13	Havells India Limited	573.00	11.84%	Buy	512.35	HDFC Securities	1x Reco 3x Reco
2017-11-13	Dabur India Limited	-	-%	Economy Update	337.55	Way2Wealth	1x Reco
2017-11-13	The Ramco Cements Limited	750.00	6.08%	Hold	707.00	Sharekhan	1x Reco
2017-11-13	Axis Bank Limited	680.00	25.87%	Buy	540.25	Motilal Oswal	1x Reco
2017-11-13	Amara Raja Batteries Limited	946.00	17.44%	ACC.	805.50	IDBI Capital
2017-11-13	Hindustan Petroleum Corporat..	414.00	0.53%	Hold	411.80	IDBI Capital
2017-11-13	Nilkamal Limited	2000.00	26.02%	Buy	1587.00	IDBI Capital
2017-11-13	Maharashtra Seamless Limited	542.00	9.99%	Buy	492.75	Edelweiss
2017-11-13	Vinati Organics Limited	969.00	1.40%	Hold	955.60	Edelweiss
2017-11-13	Ratnamani Metals & Tubes Lim..	954.00	-2.75%	Buy	981.00	Edelweiss
2017-11-13	SRF Limited	2012.00	13.70%	Buy	1769.55	Edelweiss
2017-11-13	Granules India Limited	173.00	38.90%	Buy	124.55	Edelweiss	1x Reco
2017-11-13	Alembic Pharmaceuticals Limi..	530.00	2.75%	Hold	515.80	Axis Direct	1x Reco
2017-11-13	Bharat Forge Limited	713.00	2.21%	Buy	697.60	Axis Direct
2017-11-13	Cipla Limited	675.00	12.70%	Buy	598.95	Axis Direct
2017-11-13	Dalmia Bharat Limited	3083.00	2.09%	Hold	3019.80	Axis Direct	1x Reco
2017-11-13	GlaxoSmithKline Consumer Hea..	6250.00	4.13%	Buy	6002.00	Axis Direct
2017-11-13	Aurobindo Pharma Limited	818.00	15.64%	ACC.	707.35	Nirmal Bang Institutional	1x Reco 2x Reco
2017-11-13	Dishman Carbogen Amcis	410.00	45.42%	Buy	281.95	Nirmal Bang Institutional
2017-11-13	V-Mart Retail Limited	1797.00	45.14%	Buy	1238.10	Nirmal Bang Institutional
2017-11-13	Steel Authority of India Lim..	51.00	34.82%	Sell	78.25	Reliance Securities	1x Reco