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Morning Tea 11th August 2017

Zydus Wellness Q1 net up 14.65% at Rs 25.57 cr Orient Green Power loss widens to Rs 21.47 cr in Q1 United Breweries Q1 profit up by 10% to Rs 162 cr Union Bank to raise Rs 6,350 cr in FY18; to file 10 more cases to insolvency courts Religare Enterprises Q1 net loss expands to Rs 47 cr

World Market: The S&P 500 index had its biggest one-day drop in almost three months on Thursday as investors fled riskier

assets, with technology stocks leading the charge, in response to an increasingly aggressive exchange of threats between the United States and North Korea.

US equities steepened their losses late in the session after President Donald Trump said his earlier warnings to North Korea may not have been tough enough. He also said the nuclear-armed nation should be "very, very nervous" if it even thinks about attacking the United States or its allies. Investors have been jittery about North Korea since Tuesday when Trump said any threats from Pyongyang would be "met with fire and fury like the world has never seen.“

The Dow Jones Industrial Average closed down 204.69 points, or 0.93 percent, at 21,844.01, the S&P 500 lost 35.81 points, or 1.45 percent, to end the session at 2,438.21 and the Nasdaq Composite fell 135.46 points, or 2.13 percent, to 6,216.87.

Asian Market: Asian stocks slumped on Friday as tensions ramped up between the US and North Korea, sending investors into

less risky assets such as gold, the yen and US government bonds. South Korea's Kospi fell 1.3 percent in early trade, taking its losses this week to 2.8 percent. The Korean won also continued to skid, sliding 0.3 percent to 1,145 won to the dollar, after earlier sinking to its lowest level in a month.

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent in its third session of declines, with Australia down 1.4 percent. Japanese markets were closed for a holiday.

RAYMOND Sell in the range of 716.00-723.30 for Target of 690.00 with SL of 745.00. On a daily chart, the stock has breached below the 50 days exponential moving average which worked as a strong support in the past. Moreover, the stock has formed a strong bearish candle stick and breached below the 100 days exponential moving average which shows weaknesses in the counter. A momentum indicator RSI reading is at 33.23, heading towards the oversold zone which points out for a negative breath in the stock. So for trading perspective, one could Sell in the range of 716.00-723.30 for Target of 690.00 with SL of 745.00. PARAGMILK Sell in the range of 222.10-224.35 for Target of 210.00 with SL of 232.00. On a daily chart, the stock has breached below the 100-50-20 days exponential moving average which may lead the stock to move further in southward direction. Moreover, the stock has formed a long bearish candle stick with increase in volume activity which shows weaknesses in the counter. A momentum indicator RSI reading is at 32.62, heading towards the oversold zone which points out for a negative breath in the stock. So for trading perspective, one could Sell in the range of 222.10-224.35 for Target of 210.00 with SL of 232.00.

Stock/Sector - News

Global Update

As per Yesterday’s Morning Tea,

MARKSANS Down by 1.08%

As per Yesterday’s Morning Tea,

HCL-INSYS Down by 4.60%

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Morning Tea 11th August 2017

Greenlam Industries Limited ; Annual General Meeting/Dividend -Rs.1.50/ Per Share Automotive Axles Limited ; Dividend - Rs 8/- Per Share The Indian Hotels Company Limited ; Annual General Meeting/Dividend - Re 0.35 Per Share eClerx Services Limited ; Annual General Meeting/Dividend - Re 1/- Per Share Fiem Industries Limited ; Annual General Meeting/Dividend - Rs 8/- Per Share Larsen & Toubro Limited ; Annual General Meeting/Dividend - Rs 14/- Per Share Intrasoft Technologies Limited ; Annual General Meeting/Dividend - Rs 2/- Per Share Rane Engine Valve Limited ; Annual General Meeting/Dividend - Rs 2.50 Per Share Heritage Foods Limited ; Annual General Meeting/Dividend - Rs 3/- Per Share/Special Dividend Re 1/- Per Share La Opala RG Limited ; Dividend - Rs 2/- Per Share

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Morning Tea 11th August 2017

Result Calendar:

1STCUS, 4THGEN, 7TEC, AARCOM, AARTIIND, AASHEE, ABHICAP, ACCEL, ACESOFT, ACHAL, ACME, ADHARSHILA, ADHUNIKIND, ADSL, ADVIKCA, AFEL, AICHAMP, AJCON, ALBK, ALFAVIO, ALKA, ALKEM, AMARSEC, AMFORG, AMSONS, ANKITMETAL, ANKUSHFI, ANSINDUS, APLAYA, APMIN, ARAVALIS, ARIAC, ARISINT, ASAHIIND, ASHIMASYN, ASHNOOR, ASHRAM, ASIAPAK, ASSAMBR, AVANTI, AXISRAIL, AYMSYNTEX, BALFC, BANKBARODA, BAROEXT, BCLENTERPR, BEML, BGRENERGY, BI, BIGBLOC, BINNYMILLS, BIRLACAP, BLCISER, BLUCHIP, BLUESTARCO, BOSCHLTD, BPCL, BRFL, BRIPORT, BVCL, CADILAHC, CANDC, CAPRICORN, CARNATIN, CATECH, CATVISION, CCHHL, CENTEXT, CESC, CGPOWER, CHANDRAP, CHARMS, CHORDIA, CINERAD, CINEVISTA, CIPLA, CISTRO, CLARIS, CLNINDIA, CNIRESLTD, CONCRETE, CORAGRO, CORDSCABLE, CORPBANK, COSMOFE, COUNCODOS, COX&KINGS, CREST, CURATECH, CYBELEIND, DAIKAFFI, DALMIASUG, DAMOINDUS, DAULAT, DBL, DCMFINSERV, DEVINE, DHAMPURE, DHANBANK, DHRUVCA, DIDL, DISAQ, DIVYAJYQ, DOLLEX, DQE, DSINVEST, EASTSUGIND, ECLERX, ELIXIR, ELTROL, EMEDTECH, EMERALD, EMKAY, EMMSONS, ENBETRD, EROSMEDIA, ESHAMEDIA, ESKAY, EXPOGAS, FAIRCHEM, FCSSOFT, FINOLEXIND, FMEC, FORINTL, FRASER, FREDUN, FRONTCORP, FRONTSP, FUTURSEC, GANESHHOUC, GARWSYN, GDL, GEMSPIN, GENCON, GENUSPOWER, GINISILK, GITANJALI, GKCONS, GLFL, GLOBAL, GLOBALCA, GLOBUSSPR, GMRINFRA, GODREJIND, GOKAKTEX, GOKULAGRO, GORANIN, GOYALASS, GRANDFONRY, GRCABLE, GREENCREST, GSPL, GUJFLUORO, GUJSTATFIN, GUJTERC, GULPOLY, GVKPIL, HALDER, HARIAAPL, HARIAEXPO, HARPOLY, HBLPOWER, HCG, HDIL, HGS, HILTON, HINDALCO, HINDOILEXP, HINDTIN, HINDUST, HISARMET, HITTCO, HNDFDS, HSIL, ICLF, ICSA, IFMIMPX, IFSL, IGC, IGL, INDIANCARD, INDIANVSH, INDLMETER, INDOASIAF, INDOSOLAR, INDUSFINL, INERTIAST, INTECCAP, INTELLADV, INTELLCAP, INTELLECT, INTRGLB, INVENTURE, IPCALAB, ISFT, ISTRNETWK, ITL, JACKSON, JAYNECOIND, JAYTEX, JBCHEPHARM, JBFIND, JINDALPHOT, JJEXPO, JMDVL, JPOLYINVST, JSWENERGY, JUMBFNL, KACHCHH, KAIRA, KALPATPOWR, KANIKAIN, KAPILRAJ, KCPSUGIND, KERALAYUR, KEYCORP, KHAITANLTD, KHOOBSURAT, KICL, KINETRU, KLIFESTYL, KOLTEPATIL, KREONFIN, KSHITIJ, KSL, KSLIND, KUMARWI, KUWERIN, KWALITY, LAHOTIOV, LAKPRE, LITL, LLORF, LORDSHOTL, LYPSAGEMS, MACK, MACKINN, MADHUCON, MAITHANALL, MAITRI, MANGIND, MANINDS, MAPLLEINF, MARATHR, MARKSANS, MASCH, MATHEWE, MAVIIND, MAXINDIA, MBECL, MBLINFRA, MEENST, MEGASOFT, METSL, MICROSE, MIHIKA, MINID, MIRCELECTR, MIRCH, MMWL, MODINATUR, MONEL, MORARKFI, MPCOSEMB, MPFSL, MPILCORPL, MUDITFN, MUDRA, MULLER, NDASEC, NGIND, NITCO, NLCINDIA, NRBBEARING, NSIL, NUTECGLOB, NYSSACORP, OBIL, OCTAL, OFSS, OIL, OLYMTFI, OMAXE, OMKAR, ONELIFECAP, ORIENTBANK, ORISSAMINE, OSCAR, OSIAJEE, OSWALEA, OSWALOR, OTCO, PACT, PALCO, PANIDPR, PANJON, PAPERPROD, PARIKSHA, PARMSILK, PASARI, PATIDAR, PDUMJEIND, PFLINFOTC, PHCAP, PHOTOQUP, PNCINFRA, PNTKYOR, POLYLINK, PPAP, PRAJIND, PRESOFI, PRIMEURB, PUNCTRD, PURSHOTTAM, QUICKHEAL, RADHEDE, RAGHAVAEPL, RAIN, RAJESHEXPO, RAJGLOWIR, RAJOOENG, RAMSONS, RANASUG, RAP, RAPIDIN, RATNAMANI, RCF, RECLTD, REFNOL, RELSTRUCT, RGCEL, RIBATEX, RKDL, RLFL, ROHITFERRO, ROSEI, ROSELABS, RPIL, SAHARA, SAHYADRI, SAICAPI, SAIL, SAKHTISUG, SANDESH, SANDUPHQ, SANGHVIFOR, SANINFRA, SANTOSHF, SARDAPLY, SARVOTTAM, SAUMYA, SB&TINTL, SBIN, SCL, SEAMECLTD, SERVOTEC, SGARRES, SGL, SHALPRO, SHILCTECH, SHIVAGR, SHKALYN, SHLAKSHMI, SHREEPAC, SHRIASTER, SHRINIWAS, SIPL, SIRHIND, SITINET, SJVN, SKFL, SKYLMILAR, SMARTLINK, SNIM, SONAL, SONALAD, SONASTEER, SPECFOOD, SPTRSHI, SRIKPRIND, SROGNGM, SRSFIN, SSWL, STAMPEDE, STANROS, STAR, STARDELTA, STARLOG, STDBAT, STEERINTER, STELLANT, STYLAMIND, SUDIN, SUNSOUI, SUNTV, SUPRAP, SUPREMEX, SURYAKR, SURYAROSNI, SUZLON, SWARAJAUTO, SYTIXSE, TAMJAIM, TARAI, TATAGLOBAL, TATIAGLOB, THACKER, TIMETECHNO, TIRUFIN, TNPL, TNTELE, TOKYOFIN, TOKYOPLAST, TRANSCHEM, TRIVENIENT, TTIL, TTKPRESTIG, TULIVE, TUMUSEL, TVSELECT, TVSMOTOR, TVTODAY, TYCHE, UFLEX, UGARSUGAR, ULTRAMAR, UNIDT, UNIQUEO, UNITDCR, UNITINT, URJAGLOBA, VAICC, VALLABH, VEGETABLE, VELHO, VERITAS, VERTICLIND, VIKALPS, VIKASECO, VINTRON, VINVANI, VISAGAR, VISAKAIND, VRL, VRWODAR, VSFPROJ, VSTTILLERS, VTL, WELENT, WHITEORG, WINSOMBR, YASTF, YOGISUNG, ZDHJERK, ZEEMEDIA, ZENITHHE, ZGOLDINV, ZHEMHOLD, ZMANSOON, ZNIVITRD, ZSURYODI, ZSVARAJT, ZSVTRADI, ZYLOG.

Morning Tea 11th August 2017

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DLF, FORTIS, IBREALEST, JINDALSTEL, JISLJALEQS, JSWENERGY

Security in Ban

Bulk Deal

Deal Date Security Code Security Name Client Name Deal Type Quantity Price10-08-17 531723 STAMPEDE MAHAVIR INDUSTRIES LIMITED S 1,325,300 7.6010-08-17 531723 STAMPEDE JHAVERI TRADING AND INVESTMENT PVT LTD B 1,300,000 7.5910-08-17 521113 SUDTIND-B PAWAN KISHORILAL AGARWAL S 228,650 71.0310-08-17 534691 COMCL SIVA BALAN JAIPAL S 217,129 23.4510-08-17 534691 COMCL SIVA BALAN JAIPAL B 217,129 23.4210-08-17 540455 ESCORP TIA ENTERPRISES PRIVATE LIMITED B 144,000 15.5010-08-17 540455 ESCORP MANLIKE CHEMICAL AND PHARMACHEUTICAL COM S 144,000 15.5010-08-17 539125 LAYLA BP FINTRADE PRIVATE LIMITED B 140,849 9.5510-08-17 539125 LAYLA BP FINTRADE PRIVATE LIMITED S 130,849 9.5410-08-17 521113 SUDTIND-B NIKHIL VORA B 125,000 71.05

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Morning Tea

Contact Us Research Team

Mr. Sumeet Bagadia Associate Director Kkunal Parar Sr. Research Associate Vikas Chaudhari Research Associate Rupak De Research Associate Prasad Risbud Research Associate Sachin Gupta Research Associate Neeraj Yadav Research Advisor Prachetas Purohit Research Advisor

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11th August 2017