Stocks – Smart City Geek – Guide to Banking, Investment and Personal Finance https://smartcitygeek.com Guide to Banking, Investment and Personal Finance Thu, 13 Feb 2020 15:37:12 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 https://smartcitygeek.com/wp-content/uploads/2017/07/SMARTCITYGEEK_FAVICON-150x150.jpg Stocks – Smart City Geek – Guide to Banking, Investment and Personal Finance https://smartcitygeek.com 32 32 133145041 Nirma Group Announces the Acquisition of Emami Cement https://smartcitygeek.com/nirma-group-announces-the-acquisition-of-emami-cement/ Tue, 11 Feb 2020 07:13:14 +0000 https://smartcitygeek.com/?p=9122 Nuvoco Vistas Corporation Limited, India’s leading building materials company and part of the Nirma Group, today announced that it has entered into a share purchase agreement with Emami Group for the acquisition of 100% shareholding of Emami Cement Limited (ECL) for an enterprise value of INR 5500 crores. The proposed transaction is subject to approval […]

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The Budget Announced Today is Dynamic and Progressive for the Indian Economy https://smartcitygeek.com/the-budget-announced-today-is-dynamic-and-progressive-for-the-indian-economy/ Tue, 04 Feb 2020 07:54:24 +0000 https://smartcitygeek.com/?p=8855 New Delhi, Delhi, India Dr. Rashmi Saluja, Non-Executive Chairman – Religare Enterprises. “The Budget announcement made by the Union Finance Minister today was visionary and demonstrates the government’s intent to focus on demand generation, spurring jobs, increase infrastructure spends, attract foreign institutional investors and increase farm income. Amendment in the Factor Regulation Act 2011 will enable […]

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Investing Success: Stock Market for Everyone CSMER-Certificate in Stock Market and Equity Research a New Offering of DSIJ Academy https://smartcitygeek.com/investing-success-stock-market-for-everyone-csmer-certificate-in-stock-market-and-equity-research-a-new-offering-of-dsij-academy/ Thu, 16 Jan 2020 05:36:04 +0000 https://smartcitygeek.com/?p=8151 The ability to effectively manage your investments, prepare blueprints, manage debts and make informed decisions is extremely vital in today’s era. While the capital markets offer plenty of avenues to deploy your resources and create wealth, it is extremely imperative that one is financially literate before engaging in any financial transactions. As an organization supporting […]

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Equisoft Partners with Refinitiv to Deliver a Powerful Solution for Wealth Managers https://smartcitygeek.com/equisoft-partners-with-refinitiv-to-deliver-a-powerful-solution-for-wealth-managers/ Tue, 14 Jan 2020 05:35:14 +0000 https://smartcitygeek.com/?p=7938 Global digital solutions provider Equisoft announced the launch of a web-based fund sales acceleration platform solution powered by Refinitiv. Equisoft/analyze for wholesalers is designed to help fund wholesalers enhance their value proposition to advisors by offering them insightful fund and portfolio analytic services.   With the disruption in the wealth management industry due to technology, […]

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Ease of doing Business Crucial if India wants to Scale Ambitious Peak of $5 Trillion https://smartcitygeek.com/ease-of-doing-business-crucial-if-india-wants-to-scale-ambitious-peak-of-5-trillion/ Tue, 14 Jan 2020 05:34:46 +0000 https://smartcitygeek.com/?p=7927 The Indo American Chamber of Commerce held a roundtable with Khaitan & Co-hosting 30 of the top CEOs and Chairmen on the subject.   The Indo American Chamber of Commerce plays a pivotal role of promoting and assisting companies with interest in doing business in both countries. Right from creating the need, providing research, assisting […]

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Yahoo Finance Returns as Exclusive Livestream Host of Berkshire Hathaway’s Annual Shareholders Meeting https://smartcitygeek.com/yahoo-finance-returns-as-exclusive-livestream-host-of-berkshire-hathaways-annual-shareholders-meeting/ https://smartcitygeek.com/yahoo-finance-returns-as-exclusive-livestream-host-of-berkshire-hathaways-annual-shareholders-meeting/#respond Wed, 01 May 2019 15:59:15 +0000 http://smartcitygeek.com/?p=7389 Yahoo Finance, Verizon Media’s leading business and financial news site, returns as the exclusive livestream host of the annual Berkshire Hathaway Shareholders Meeting. Beginning Saturday, May 4th, at 9:45am EST/7.15pm IST, investors and non-investors in India, can tune-in to watch Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger share their candid outlook on […]

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JSA advises Conneqt Business Solutions Limited and Quess Corp Limited in its Acquisition of Allsec Technologies Limited https://smartcitygeek.com/jsa-advises-conneqt-business-solutions-limited-and-quess-corp-limited-in-its-acquisition-of-allsec-technologies-limited/ https://smartcitygeek.com/jsa-advises-conneqt-business-solutions-limited-and-quess-corp-limited-in-its-acquisition-of-allsec-technologies-limited/#respond Thu, 18 Apr 2019 06:07:53 +0000 http://smartcitygeek.com/?p=7383 J.Sagar Associates (JSA) advised Conneqt Business Solutions Limited (Acquirer) along with Quess Corp Limited (PAC) in its acquisition of a controlling stake in Allsec Technologies Limited from Mr. Ramamoorthy Jagadish and Mr. Adiseshan Saravanan (Promoters) and First Carlyle Ventures Mauritius (Carlyle). The transaction is valued at approximately Rs. 271 crores and will be followed by an […]

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HDFC Securities: Maintain BUY on L&T Technology Services | Strong show continues https://smartcitygeek.com/hdfc-securities-maintain-buy-on-lt-technology-services-strong-show-continues/ https://smartcitygeek.com/hdfc-securities-maintain-buy-on-lt-technology-services-strong-show-continues/#respond Sat, 27 Oct 2018 08:56:16 +0000 http://smartcitygeek.com/?p=7286 (TP Rs 1,950, CMP Rs 1,455, MCap Rs 151bn) L&T  Technology Services (LTTS) posted strong rev performance (in-line) and better operating performance (offshore, FP-contract), led by transportation/process industry verticals and strong client adds. Revenue guidance  increased  to  >21% YoY for FY19E (>16% earlier). Revenue came at USD  177mn,  5.5/29.5%  QoQ/YoY  in CC. EBITDA% stood at […]

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HDFC Securities: Maintain BUY on Intellect Design Arena | Growth acceleration https://smartcitygeek.com/hdfc-securities-maintain-buy-on-intellect-design-arena-growth-acceleration/ https://smartcitygeek.com/hdfc-securities-maintain-buy-on-intellect-design-arena-growth-acceleration/#respond Sat, 27 Oct 2018 08:45:51 +0000 http://smartcitygeek.com/?p=7273 (TP Rs 300, CMP Rs 215, MCap Rs 28bn) Intellect Design Arena (INDA) posted strong numbers both on the revenue and margin  front.  Revenue  stood  at USD 54.3mn (vs our est. of USD 48mn), up 21.7%  QoQ  and 30% YoY. Revenue out-performance was due to large deal wins leading to strong Licence growth (+137% QoQ). […]

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HDFC Securities: Maintain BUY on KPIT Technologies | PES driven growth https://smartcitygeek.com/hdfc-securities-maintain-buy-on-kpit-technologies-pes-driven-growth/ https://smartcitygeek.com/hdfc-securities-maintain-buy-on-kpit-technologies-pes-driven-growth/#respond Sat, 27 Oct 2018 08:42:46 +0000 http://smartcitygeek.com/?p=7272 (TP Rs 285, CMP Rs 211, MCap Rs 42bn) KPIT  Tech  (KPIT)  posted  in-line  revenue  (PES, Digital and Product led growth),  profitability  beat  (business-mix, utilisation). Revenue came at USD  152.5mn,  1.3/7.4%  QoQ/YoY.  EBITDA%  stood at 13.6%, +147bps QoQ and margins  expected to improve ahead with lower G&A. Revenue guidance of 8 to 10%  YoY  maintained  […]

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LTI Q2 FY19: USD Revenue Growth up 21.4% YoY; Net Profit jumps 46.7% YoY https://smartcitygeek.com/results-lti-q2-fy19-results-usd-revenue-growth-up-21-4-yoy-net-profit-jumps-46-7-yoy/ https://smartcitygeek.com/results-lti-q2-fy19-results-usd-revenue-growth-up-21-4-yoy-net-profit-jumps-46-7-yoy/#respond Thu, 25 Oct 2018 08:02:28 +0000 http://smartcitygeek.com/?p=7262 India: Oct 25, 2018: Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company, announced its Q2 FY19 results today. In US Dollars: Revenue at USD 328.5 million; growth of 2.7% QoQ and 21.4% YoY Constant Currency Revenue growth of 3.5% QoQ and 22.9 % YoY In Indian Rupees: Revenue at Rs 23,312 million; growth of 8.1% QoQ and 33.1% YoY Net […]

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HDFC Securities: Maintain BUY on Multi Commodity Exchange| Slow and Steady Improvement https://smartcitygeek.com/hdfc-securities-maintain-buy-on-multi-commodity-exchange-slow-and-steady-improvement/ https://smartcitygeek.com/hdfc-securities-maintain-buy-on-multi-commodity-exchange-slow-and-steady-improvement/#respond Thu, 25 Oct 2018 07:47:02 +0000 http://smartcitygeek.com/?p=7254 MCX  delivered muted set of numbers in 2QFY19, revenue was down 2.4% QoQ to Rs 711mn (vs our est. of Rs 734mn), led by 0.3% QoQ drop in volume (Rs 15.8 TN)  and Rs 16.7mn impact from Liquidity Enhancement Scheme (LES). ADTV was up  1.2%  QoQ  and 12.2% YoY to Rs 246.55 bn led by […]

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