FII DII DATA 08/04/2011

Net Index Futures (-269), Net Stock Futures (-359), Derivative Market: Total Open Interest (Rs 1,26,204 cr), Stock Futures Open Interest (Rs 33,253 cr)

Indian ADRs Update 08/04/2011

 INFOSYS Up 0.1 (0.2%), WIPRO Down 0.1 (0.4%), ICICI BANK Up 0.1 (0.3%), HDFC BANK Down 2.3 (4.1%)

Global Markets update 08/04/2011

DJIA Down 17.3 (0.1%) NSDQ Down 3.7 (0.1%) FTSE 100 Down 33.8 (0.6%) Asian Markets as on 8.45 AM  NIKKEI Up 88 (0.91%) HANG SENG Up 161 (0.66%) SGX NIFTY Up 1.5

FII DII DATA 07/04/2011

Net Index Futures (-117), Net Stock Futures (-305), Derivative Market: Total Open Interest (Rs 1,24,609 cr), Stock Futures Open Interest (Rs 32,812 cr)

Indian ADRs Update 07/04/2011

INFOSYS Down 0.3 (0.4%), WIPRO Down 0.1 (0.6%), ICICI BANK Down 0.6 (1.2%), HDFC BANK Down 0.6 (0.4%)

Global Markets update 07/04/2011

DJIA Up 32 (0.3%) NSDQ Up 8.6 (0.3%) FTSE 100 Up 34.1 (0.6%) Asian Markets as on 8.45 AM  NIKKEI Up 55 (0.57%) HANG SENG Down 41 (0.17%) SGX NIFTY Down 2

Global Markets update 06/04/2011

DJIA Down 6.1 (0.1%) NSDQ Up 2.0 (0.1%) FTSE 100 Down 9.9 (0.2%) Asian Markets as on 8.45 AM  NIKKEI Down 21 (0.21%) HANG SENG Up 54 (0.23%) SGX NIFTY Up 21

Ashok Leyland gains on its plans to be among top 10 truck-makers globally

Ashok Leyland is currently trading at Rs. 59.25, up by 0.85 points or 1.46% from its previous closing of Rs. 58.40 on the NSE.

The scrip opened at Rs. 59.00 and has touched a high and low of Rs. 59.80 and Rs. 58.70 respectively. So far 11,76,244 shares were traded on the counter.

The NSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 81.90 on 08-Nov-2010 and a 52 week low of Rs. 45.10 on 24-Feb-2011.

Last one week high and low of the scrip stood at Rs. 59.80 and Rs. 56.10 respectively. The current market cap of the company is Rs. 7849.00 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 31.33% and 16.62% respectively.

Ashok Leyland in a bid to break into the list of top 10 global truck manufacturers and top five bus makers in the next 5-10 years is adopting a three-pronged strategy. The company is currently among list of top 20 in truck manufacturing and among top 10 in bus manufacturing globally.

The three-prolonged strategies on which the company will be working would be - focusing on delivering quality products, developing and managing people, and leveraging the value of products by adopting new branding exercise.

Ashok Leyland had set a target of selling around 1.10 lakh to 1.20 lakh units during this financial year (2011-12). Till March 31, the company has sold 94,100 units with exports contributing over 10,000. The company has also ramped up the capacity of its Pant Nagar facility to produce 30,000-40,000 vehicles from next year from the present 2,600 units.

Recently, Ashok Leyland and Japanese auto-maker Nissan Motor Company rolled out their first light commercial vehicle under the brand, 'Ashok Leyland - DOST'. The company’s net profit for the quarter ended December 31, 2010 has plunged by 58.55% at Rs 43.37 crore as compared to Rs 104.63 crore for the quarter ended December 31, 2009.

Gravita India jumps on acquiring K. M. Udyog, Jammu

Gravita India is currently trading at Rs. 410.80, up by 8.70 points or 2.16% from its previous closing of Rs. 402.10 on the BSE.
The scrip opened at Rs. 406.05 and has touched a high and low of Rs. 412.90 and Rs. 406.05 respectively. So far 51,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 421.85 on 04-Apr-2011 and a 52 week low of Rs. 165.70 on 10-Dec-2010.
Last one week high and low of the scrip stood at Rs. 421.85 and Rs. 335.60 respectively. The current market cap of the company is Rs. 547.66 crore.
The promoters holding in the company stood at 73.52% while Institutions and Non-Institutions held 7.45% and 19.03% respectively.
Gravita India together with its subsidiary company - Gravita Exim has acquired 60% stake in K. M. Udyog, Jammu. The installed lead manufacturing and refining capacity of K. M. Udyog, Jammu is 7200 MT per annum.
With this acquisition, the enhanced capacity of the company will be 45,900 MT per annum. The addition of K. M. Udyog, Jammu is expected to improve the top and bottom line of Gravita India by around rupees sixty five crores and rupees three crores respectively during the financial year 2011-12.
In January this year, Gravita India’s subsidiary - Gravita Exim - has completed the disinvestment of 287,450,000 shares of ZMK 1 each, held by the said subsidiary in Gravita Zambia on December 25, 2010. Gravita Zambia, a wholly owned subsidiary of Gravita Group of Companies, is a growing name in Lead Recycling & Process industries of Zambia. The company is promoted to manufacture Remelted Lead & Plastic Recycling.
Gravita India manufactures lead metal using recycling and smelting process, besides it also makes other lead based products and lead alloys. Lead is the second most recycled metal in the world and is also most widely used across in industrial sectors, especially automobiles.

FII DII DATA 05/04/2011

Net Index Futures (1393), Net Stock Futures (-511), Derivative Market: Total Open Interest (Rs 1,17,370 cr), Stock Futures Open Interest (Rs 31,992 cr)

Indian ADRs Update 05/04/2011

INFOSYS Up 0.3 (0.4%), WIPRO Up 0.0 (0.1%), ICICI BANK Up 0.6 (1.2%), HDFC BANK Up 4.0 (2.3%)

Global Markets update 05/04/2011

DJIA Up 23 (0.2%) NSDQ Down 0.4 (0.0%) FTSE 100 Up 7.1 (0.1%) Asian Markets as on 8.45 AM  NIKKEI Down 112 (1.15%) HANG SENG Up 349 (1.46%) SGX NIFTY Up 0.50

FII DII DATA 04/04/2011

Net Index Futures (-123), Net Stock Futures (-648), Derivative Market: Total Open Interest (Rs 1,08,445 cr), Stock Futures Open Interest (Rs 30,428 cr)

Indian ADRs Update 04/04/2011

 INFOSYS Up 1.4 (2.0%), WIPRO Up 0.3 (1.9%), ICICI BANK Up 0.3 (0.5%), HDFC BANK Up 2.5 (1.4%)

Global Markets update 04/04/2011

DJIA Up 57 (0.5%) NSDQ Up 8.5 (0.3%) FTSE 100 Up 101.2 (1.7%) Asian Markets as on 8.45 AM  NIKKEI Up 70 (0.72%) HANG SENG Up 250 (1.05%) SGX NIFTY Up 11

FII DII DATA 01/04/2011

Net Index Futures (1338), Net Stock Futures (-463), Derivative Market: Total Open Interest (Rs 1,67,061 cr), Stock Futures Open Interest (Rs 35,192 cr)

Indian ADRs Update 01/04/2011

INFOSYS Up 0.9 (1.3%), WIPRO Up 0.1 (0.8%), ICICI BANK Down 0.2 (-0.4%), HDFC BANK Up 2.5 (1.5%)

Global Markets update 01/04/2011

DJIA Down 31 (0.3%) NSDQ Up 4.3 (0.2%) FTSE 100 Down 39.5 (0.7%) Asian Markets as on 8.45 AM  NIKKEI Down 10 (0.11%) HANG SENG Up 13 (0.05) SGX NIFTY Up 5.50