3

NCC Surges by 5%; BSE REALTY Index Up 1.3%

Posted by Equitymaster
      

NCC share price has zoomed 5% and is presently trading at Rs 25.

Meanwhile, the BSE REALTY Index is at 1,345 (up 1.3%).

Among the top Gainers in the BSE REALTY Index today is NCC (up 5.4%).

Over the last one year, NCC has moved down from Rs 92 to Rs 25, registering a loss of Rs 68 (down 73.5%).

On the other hand, the BSE REALTY has moved down from 1,983 to 1,345, loss of 638 points (down 32.4%) during the last 12 months.

The top gainers among the BSE REALTY Index stocks during this same period were [param_historic_top3].

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.6%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 3.5%), HUL (up 3.0%) and BAJAJ FINANCE (up 2.6%). Other gainers include RELIANCE IND. (up 2.3%) and AXIS BANK (up 2.3%). The most traded stocks in the BSE Sensex are RELIANCE IND. and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.6%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 4.3%), INDUSIND BANK (up 3.8%) and HUL (up 3.2%). Other gainers include INDIABULLS HOU. FIN. (up 3.0%) and HINDALCO (up 2.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.52%).

NCC Financial Update...

NCC net profit down at Rs 1 billion for the quarter ended December 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 32.5% to Rs 22.8 billion during the period as against Rs 33.8 billion in October-December 2018.

For the year ended March 2019, NCC reported 153.1% increase in net profit to Rs 6.8 billion compared to net profit of Rs 2.7 billion during FY18.

Revenue of the company grew 53.7% to Rs 129 billion during FY19.

The current Price to earnings ratio of NCC, based on rolling 12 month earnings, stands at 3.4x.

This article (NCC Surges by 5%; BSE REALTY Index Up 1.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




3

J.B.CHEMICALS at All Time High; BSE HEALTHCARE Index Up 1.3%

Posted by Equitymaster
      

J.B.CHEMICALS share price has hit an all-time high at Rs 635 (up 4.2%).

Meanwhile, the BSE HEALTHCARE Index is at 15,318 (up 1.3%).

Among the top gainers in the BSE HEALTHCARE Index today are J.B.CHEMICALS (up 4.2%) and ABBOTT INDIA (up 0.3%).

CADILA HEALTHCARE and DISHMAN CARBOGEN AMCIS LTD (down 0.1%) are among the top losers today.

Over the last one year, J.B.CHEMICALS has moved up from Rs 331 to Rs 635, registering a gain of Rs 304 (up 91.7%).

The BSE HEALTHCARE has moved up from 14,034 to 15,318, registering a gain of 1,284 points (up 8.7%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 145.2%), J.B.CHEMICALS (up 91.7%) and IPCA LABS (up 62.9%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.4%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 4.3%), HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.9%). Other gainers include ICICI BANK (up 2.8%) and BAJAJ FINANCE (up 2.4%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.3%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 3.9%), INDIABULLS HOU. FIN. (up 3.6%) and INDUSIND BANK (up 3.6%). Other gainers include HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.8%).

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of -6,188 points (up -16.7%).

J.B.CHEMICALS Financial Update...

J.B.CHEMICALS net profit stood at Rs 622 million for the quarter ended December 2019, compared to a profit of Rs 464 million a year ago. Net Sales rose 9.3% to Rs 3.9 billion during the period as against Rs 3.5 billion in October-December 2018.

For the year ended March 2018, J.B.CHEMICALS reported 24.8% decrease in net profit to Rs 1.4 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 3.3% to Rs 14 billion during FY18.

The current Price to earnings ratio of J.B.CHEMICALS, based on rolling 12 month earnings, stands at 20.4x.

This article (J.B.CHEMICALS at All Time High; BSE HEALTHCARE Index Up 1.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




3

ITD CEMENTATION INDIA Surges by 11%; BSE REALTY Index Up 1.3%

Posted by Equitymaster
      

ITD CEMENTATION INDIA share price has zoomed 11% and is presently trading at Rs 38.

Meanwhile, the BSE REALTY Index is at 1,345 (up 1.3%).

Among the top Gainers in the BSE REALTY Index today is ITD CEMENTATION INDIA (up 10.8%).

SOBHA LIMITED and OMAXE LTD are among the top losers today.

Over the last one year, ITD CEMENTATION INDIA has moved down from Rs 115 to Rs 38, registering a loss of Rs 78 (down 67.5%).

On the other hand, the BSE REALTY has moved down from 1,983 to 1,345, loss of 638 points (down 32.4%) during the last 12 months.

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.6%).

The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 4.0%), ICICI BANK (up 3.8%) and BHARTI AIRTEL (up 3.1%). Other gainers include HUL (up 2.7%) and KOTAK MAHINDRA BANK (up 2.7%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.5%). The top gainers in the NSE Nifty include RELIANCE IND. (up 4.1%), ICICI BANK (up 3.8%) and DR. REDDYS LAB (up 3.7%). Other gainers include BHARTI AIRTEL (up 3.3%) and HUL (up 2.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.56%).



This article (ITD CEMENTATION INDIA Surges by 11%; BSE REALTY Index Up 1.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




3

EIH Plunges by 5%; BSE 500 Index Up 0.3%

Posted by Equitymaster
      

EIH share price has plunged 5% and is presently trading at Rs 71.

Meanwhile, the BSE 500 Index is at 12,146 (up 0.3%).

Among the top losers in the BSE 500 Index today are EIH (down 5.3%) and NAVIN FLUORINE (down 5.1%).

E.I.D. PARRY (up 10.0%) and TV18 BROADCAST (up 7.1%) are among the top gainers today.

Over the last one year, EIH has moved down from Rs 180 to Rs 71, registering a loss of Rs 108 (down 60.3%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 434.2%), ABBOTT INDIA (up 142.3%) and NAVIN FLUORINE (up 107.8%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.5%). The top gainers among the BSE Sensex stocks today are HUL (up 5.0%). The most traded stocks in the BSE Sensex are RELIANCE IND. and ONGC.

In the meantime, NSE Nifty is at 9,383 (up 0.5%). HUL (up 5.0%) and DR. REDDYS LAB (up 4.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.44%).

EIH Financial Update...

EIH net profit stood at Rs 750 million for the quarter ended December 2019, compared to a profit of Rs 639 million a year ago. Net Sales declined 4.9% to Rs 4.2 billion during the period as against Rs 4.4 billion in October-December 2018.

For the year ended March 2019, EIH reported 26.6% decrease in net profit to Rs 1.3 billion compared to net profit of Rs 1.8 billion during FY18.

Revenue of the company grew 13.3% to Rs 18 billion during FY19.

The current Price to earnings ratio of EIH, based on rolling 12 month earnings, stands at 31.1x.

This article (EIH Plunges by 5%; BSE 500 Index Up 0.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




3

NAVIN FLUORINE Plunges by 5%; BSE 500 Index Up 0.3%

Posted by Equitymaster
      

NAVIN FLUORINE share price has plunged 5% and is presently trading at Rs 1,532.

Meanwhile, the BSE 500 Index is at 12,146 (up 0.3%).

Among the top losers in the BSE 500 Index today are NAVIN FLUORINE (down 5.1%) and TIMKEN INDIA (down 5.2%).

E.I.D. PARRY (up 10.0%) and TV18 BROADCAST (up 7.1%) are among the top gainers today.

Over the last one year, NAVIN FLUORINE has moved up from Rs 684 to Rs 1,532, registering a gain of Rs 848 (up 124.0%)..

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 434.2%), ABBOTT INDIA (up 142.3%) and NAVIN FLUORINE (up 107.8%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.5%). The top gainers among the BSE Sensex stocks today are HUL (up 5.0%). The most traded stocks in the BSE Sensex are RELIANCE IND. and ONGC.

In the meantime, NSE Nifty is at 9,383 (up 0.5%). HUL (up 5.0%) and DR. REDDYS LAB (up 4.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.44%).

NAVIN FLUORINE Financial Update...

NAVIN FLUORINE net profit stood at Rs 453 million for the quarter ended December 2019, compared to a profit of Rs 388 million a year ago. Net Sales rose 11.3% to Rs 2.5 billion during the period as against Rs 2.3 billion in October-December 2018.

For the year ended March 2019, NAVIN FLUORINE reported 19.2% decrease in net profit to Rs 1.5 billion compared to net profit of Rs 1.8 billion during FY18.

Revenue of the company grew 7.6% to Rs 10 billion during FY19.

The current Price to earnings ratio of NAVIN FLUORINE, based on rolling 12 month earnings, stands at 8.4x.

This article (NAVIN FLUORINE Plunges by 5%; BSE 500 Index Up 0.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




3

Tax-News.com: Luxembourg Ministers Endorse EU VAT 'Quick Fixes'

Luxembourg's Government Council, comprising government ministers, has approved legislative changes to the territory's VAT regime to introduce the four quick fixes to improve the functioning of VAT rules in the European Union.




3

Tax-News.com: EU Court Upholds Commission's Fiat Tax Ruling Decision

The EU General Court has dismissed an appeal brought against the European Commission's decision that a tax ruling granted by Luxembourg to Fiat Chrysler Finance Europe was unlawful.




3

Tax-News.com: OECD Reports On Countries' Tax Reforms In 2016

On September 13, the OECD launched a substantial report on the tax policy reforms implemented last year by advanced nations.




3

Tax-News.com: African Countries' Tax Bases Expanding, New Report Says

African countries are steadily improving their tax revenue collections, according to Revenue Statistics in Africa 2017, a new report released recently at a meeting of tax and finance officials from 21 African countries.




3

Tax-News.com: South African Tax Debts Due By January 31 Deadline

The South African Revenue Service has reminded taxpayers that individual tax payment is required by January 31, 2018.




3

Tax-News.com: Swiss Gov't Approves BEPS Multilateral Instrument

The Swiss Federal Council has approved an OECD multilateral convention designed to prevent BEPS-related abuse of the international tax treaty system.




3

RIL share gains over 4% as Vista Equity Partners to invest Rs 11,367 crore into Jio Platforms

Share price of Reliance Industries gained 4.43% to Rs 1,574 compared to the previous close of Rs 1,507 on BSE. Reliance Industries stock gained 9.11% in the last four days




3

Franklin Templeton issues 'unconditional apology' to SEBI on global chief's comments

The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted "out of context" by media outlets




3

Biocon share price rises 3% on receiving EIR from USFDA

Share price of Biocon rose up to 3.22% to Rs 360.9 against previous close of Rs 349.65 on BSE




3

ICICI Bank FY20 results: Profit jumps 135% to Rs 7,931 crore; asset quality improves

For the fourth quarter ended March 31, 2020, ICICI Bank reported a 26 per cent rise in net profit at Rs 1,221 crore compared to Rs 969 crore a year ago




3

Coronavirus lockdown: It's Delhi vs Bihar on who pays the train fare for migrant workers

According to a PTI report, all state governments except Maharashtra have been paying for the railway costs to ferry passengers to their native places




3

100 days of coronavirus in India: 1 new case in Kerala in 24 hours; 1st infection on Jan 30, says CM Vijayan

Kerala coronavirus cases: With May 8 being the 100th day of COVID-19 outbreak in India, Kerala reported only one new case in 24 hours, state CM Pinarayi Vijayan said on Friday




3

FM Sitharaman says Rs 18,253 crore disbursed under PM-KISAN scheme during lockdown

The FM also said that about three crore farmers with agricultural loans totaling Rs 4,22,113 crore availed the benefit of the 3-month loan moratorium announced by the Reserve Bank of India (RBI) in March




3

Events - Transport research Arena 2020 (TRA2020) - Cancelled - 27-30 April 2020, Helsinki, Finland

TRA2020 conference in April 2020 has been cancelled

More information




3

Coronavirus outbreak: 3 inevitable changes COVID-19 pandemic will bring about in the world order

Once the menace of COVID-19 pandemic is over, a new ecopolitical order will emerge which will be more focussed on human development, infrastructure around health and education, climate preservation and most importantly on people




3

Tax-News.com: Norway's Tax Refunds For Ship Owners Approved

The European Free Trade Association Surveillance Authority has approved a Norwegian state aid scheme which grants tax refunds to ship owners.




3

Tax-News.com: Norway's Reelected Conservatives Pledge Tax Cuts

Norway's reelected Conservative Prime Minister, Erna Solberg, has pledged tax cuts for companies to encourage higher investment, job creation, and economic growth.




3

Dr Reddy's Srikakulam plant receives USFDA nod; lifts overhang

The move lifts the overhang of a warning letter for a plant that Dr Reddy's had been dealing with for long. Now all their plants have become USFDA compliant




3

Reliance Jio launches Rs 2,399 annual data plan for 'work from home' users; check out details

Jio has also announced new add-on data packs under work from home theme




3

Tax-News.com: No Tax Surprises In Singapore's 2019 Budget

Singapore's recently released 2019 Budget included few significant tax announcements except confirmation that Singapore's carbon tax will be levied this year and the goods and services tax will be hiked in the medium term.




3

Tax-News.com: Malaysian Taxpayers Seek 'Fairer' Tax System

The Consumers Association of Penang (CAP) has called on the Malaysian Government to reintroduce inheritance tax in the Budget 2018.




3

Tax-News.com: Malaysia's 2018 Budget Includes Various Tax Relief Changes

The Malaysian Government in its Budget 2018 announced numerous tax changes, including an income tax cut, incentives for women to return to work, and tax relief for property investors and venture capital firms.




3

Tax-News.com: Malaysia To Phase Out 'Harmful' Tax Regime

Malaysia has suspended its MSC Malaysia tax regime, pending changes to bring it into line with recommendations from the OECD's Base Erosion and Profit Shifting initiative.




3

Will RBI's Rs 50,000 crore boost for mutual funds allay investors' fears?

Besides lending against securities held by MFs, banks have been allowed by the RBI to do outright purchase of more than 25 per cent of Hold Till Maturity (HTM) securities in mutual funds portfolios in the absence of liquidity in the secondary market




3

Coronavirus lockdown: How banks are focussing on 'contactless financing' to help borrowers

The crisis served as a wake-up call for banks whose digital operations were growing at a snail's pace. They have started embracing the change




3

5 takeaways for Indian investors from Warren Buffett's Berkshire AGM

The lesson here is don't marry your stocks. If your original investment thesis fails, you shouldn't shy away from exiting your positions




3

Coronavirus lockdown: Cash crunch? Don't sell your mutual funds, take a loan against it!

When you approach a lender for loan against mutual fund, it fixes a loan-to-value (LTV) ratio against it. It varies from one lender to another as per risk involved in the MF scheme and regulatory caps fixed by the RBI




3

Tax-News.com: US Senators Urge 'Fairness' Change To Capital Gains Tax Calculations

A group of 21 Republican members of the US Senate have signed a letter to the Treasury Secretary urging him to amend how capital gains tax liability is calculated.




3

Tax-News.com: Seychelles Brings Tax Perks Into Line With Int'l Standards

The Seychelles says that the OECD has found the territory to have made sufficient reforms to comply with its BEPS Action 5 standard on harmful tax regimes.




3

Tax-News.com: OECD Fleshes Out Int'l Tax Reform Plans During BEPS Webcast

During a webcast on June 11, the OECD provided a technical update on its work to develop new, modernized international tax rules for the digitalized economy.




3

Tax-News.com: New Zealand To Better Track Taxpayers' Property Transactions

New Zealand's Inland Revenue has announced that those who buy and sell property will be required to provide their IRD number on land transfer documentation, to improve the agency's ability to enforce the tax rules on property speculation.




3

Tax-News.com: IRS's New Enforcement Initiatives Are Aimed At Individuals

On July 19, 2019, the United States Internal Revenue Service Large Business and International Division announced six additional compliance campaigns.




3

Tax-News.com: Ecuador, Serbia Ratify OECD's Multilateral Tax Cooperation Pact

The OECD on September 2, 2019, announced that Ecuador and Serbia have ratified the multilateral Convention on Mutual Administrative Assistance in Tax Matters.




3

'Healthcare Has Lot to Learn From Football': New Research

Medicine has a lot to learn from 'football' about developing new approaches to clinical methods says new research. The research, published in the




3

New Dengue Case Reported in Delhi's Okhla: South Delhi Municipal Corporation

In 2015, as many as 15,867 cases of dengue were reported in Delhi. A case of dengue has been reported from Okhla area of the national capital, reported an official.




3

39 Dengue Cases Reported in Delhi, Union Health Minister J.P. Nadda Holds Meeting

Dengue fever is a vector-borne tropical disease caused by the dengue virus. 39 dengue cases have been reported in Delhi so far, a civic body report said.




3

Three More Dengue Cases Reported in Pakistan, Total Cases Rise to 37

Three more patients were confirmed infected with dengue in Rawalpindi in Pakistan. Authorities there are gearing up to tackle the rising cases of the mosquito-borne disease.




3

Chikungunya Cases in New Delhi Have Risen Up to 432, and Dengue Cases to 487

A typical chikungunya patient manifests high-grade fever, severe joint pain, headache, muscle pain, joint swelling, or rash. In order to prevent




3

No Need to Panic Over Chikungunya and Dengue: Delhi's Aam Aadmi Party

Chikungunya has affected tens of thousands across New Delhi. Cases of viral fever and dengue are also rampant. There is no need to panic over the spread




3

Zika's Immune Response can Harm Fetal Health

Antiviral protein that gives immune response to Zika viral infection in mothers may harm the placenta and fetal development, according to a study led by scientists at Yale.




3

Identifying Dengue 'Hot Spots' can Predict Chikungunya, Zika Outbreaks

Outbreaks of chikungunya and Zika viral diseases can now be predicted by identifying dengue fever "hot spots". Dengue, chikungunya and Zika viral disease




3

Florida: 3 New Dengue Cases Confirmed

Three new cases of locally transmitted dengue had been confirmed in the Miami-Dade County, taking the total number to eight this year, said health authorities in the US state of Florida.




3

World Down Syndrome Day: Act Collectively - Don't Leave Anyone Behind

Highlights: World Down Syndrome Day is celebrated on 21st March every year Creates awareness about this genetic




3

Watch Out: Deadly Coronavirus may Lurk in Kids' Toys and Play Equipment

Highlights: COVID-19 can stick on to kids' toys and play equipment Parents must advice your naughty little




3

COVID-19 Lockdown: Increase Family Time to Limit Your Child's Screen Time

Highlights: Most kids are being glued to mobile phones due to COVID-19 social distancing Staying indoors a