Free Intraday Tips for Today (15th September – Friday)
SEBI has questioned the IPO of HDFC Life. SEBI has questioned the profits and the conflict of interest.
The Goldman Sachs unit sells 4.42 percent stake of Max Financial i.e. 11 million dollars through a block deal.
In the model portfolio of CLSA, shopping has been advised in Indiabulls Ventures.
Suzuki Motor will invest Rs 1,151 crore in the lithium-ion battery plant. Gujarat lithium-ion battery plant is expected to be started by 2020. This plant will have battery for hybrid and electric trains. Suzuki will use the plant’s batteries in its trains.
Sunil Hitech’s profit increased by 22.9 percent to Rs 13.75 crore in the first quarter of fiscal year 2018. In the first quarter of the financial year 2017, Sunil Hitech’s profits stood at Rs 11.2 crore. Sunil Hitech’s earnings rose 23.5 percent to Rs 548.4 crore from Rs 440.1 crore in the April-June quarter on a year-on-year basis. On an annual basis, Sunil Hitech’s Ebidata has increased from Rs 46.7 crore to Rs 54.7 crore in the April-June quarter.