India stocks lower at close of trade; S&P CNX Nifty down 0.02%

India stocks lower at close of trade; S&P CNX Nifty down 0.02%

Investing.com17 minutes ago

The best performers of the session on the S&P CNX Nifty were Bharat Petroleum Corp. Ltd. (NSE:BPCL), which rose 5.39% or 41.50 points to trade at 810.80 at the close.

India’s Nifty Futures Climb After Index Snaps Eight-Day Decline

India's Nifty Futures Climb After Index Snaps Eight-Day Decline

Bloomberg12 minutes ago

(Bloomberg) — Indian stock-index futures gained after the underlying index snapped an eight-day losing streak yesterday. SGX CNX Nifty Index futures for April delivery rose 0.2 percent to 8,581.5 at 9:39 a.m. in Singapore. The CNX Nifty Index surged 1 …

India's VIX climbs as stocks rebound before earnings, holidaysLivemint

Muthoot Finance Limited – NCD issue

Issuer Muthoot Finance Limited
Issue Size
Public Issue by the Company of Secured NCDs and Unsecured NCDs aggregating upto Rs. 1,500.00 million with an option to retain over-subscription upto Rs. 1,500.00 million for issuance of additional Secured NCDs and Unsecured NCDs aggregating to a total of upto Rs. 3,000.00 million. The Unsecured NCDs will be in the nature of Subordinated Debt and will be eligible for Tier II capital.
Issue opens March 25, 2015
Issue closes April 27, 2015
Allotment First Come First Serve Basis
Face Value Rs. 1000 per NCD
Issue Price Rs. 1000 per NCD
Nature of Instrument Secured & Unsecured NCD
Minimum Application 10 NCDs ( Rs. 10000) & in multiple thereafter
Listing BSE
Rating “[ICRA] AA-” by ICRA

For other details refer to the product note attached herewith.

The forms will be made available on the website and subbroker links shortly.

Muthoot Finance – Product Note For Distribution.pdf

Buy Phoenix Mills Limited

Phoenix Mills Limited (PHOENIXLTD)

Sector – Real Estate Industry –Real Estate – General Stock Style -Mid Growth Market Cap- 53.1 bil Price/Book- 2.1 Price/Cash Flow- 13.8

The Phoenix Mills Limited is an India-based company engaged in the development and operation of Malls and other real estate properties. Both directly and through strategic investments and partnerships, it specializes in the ownership, management and development of retail-led mixed use properties, which includes shopping, entertainment, commercial, residential and hospitality assets. Its business verticals and assets include destination malls, hospitality assets, residential assets, commercial assets, investments and services. Its retail projects include High Street Phoenix, High Street Phoenix, Phoenixmarketcity-Mumbai, Phoenixmarketcity-Pune, Phoenixmarketcity-Bangalore and Phoenixmarketcity-Chennai. The Company owns the Palladium hotel. Its commercial properties include the Centrium, Phoenix Marketcity mall, Art Guild House and Phoenix Paragon Plaza. Its residential properties include One Bangalore West, Kessaku and Fountainhead. We recommend a POSITIONAL BUY in PHOENIXLTD  @ 365 TGT 390 AND 420 SL 345


Pheonix mgt effctvns pheonix financials

Buy Rashtriya Chemicals & Fertilizers Ltd

Rashtriya Chemicals & Fertilizers Ltd (RCF)

Sector – Basic Materials
Industry –Agricultural Inputs
Stock Style -Small Value
Market Cap- 32.4 bil
Price/Book- 1.3
Price/Cash Flow- 18.5

Rashtriya Chemicals and Fertilizers Limited (RCF) is an India-based fertilizer and chemical manufacturing company. The Company offers urea and complex fertilizers (NPK) along with a range of industrial chemicals. It provides a range of fertilizers, including Sujala, Suphala 15:15:15, Suphala 20:20:0, Ujjwala, Microla and Biola. It also produces bio-fertilizers, micronutrients and 100% water soluble fertilizers. The Company manufactures basic chemicals such a methanol, ammonia, ammonium nitrate, sodium nitrate, sodium nitrite, ammonium bicarbonate, methylamines, dimethyl formamide and dimethyl acetamide, formic acid and argon.

We recommend a POSITIONAL BUY in RCF @ 57 TGT 65 AND 75 SL 50


rcf mgt  efctvns

rcf financials