Datawatch puts the spotlight on India-listed companies where Foreign Institutional Investors (FIIs) hold more than 30% stake
Datawatch puts the spotlight on India-listed companies where Foreign Institutional Investors (FIIs) hold more than 30% stake
Data Analysis
Data Analysis
Data suggests there are as many as 34 companies with FIIs holding greater than 30%. HDFC tops the list with 59.08% FIIs holding in the company. The stock is down 17% in last one month. IVRCL Infra with FIIs holding of 57% is the worst performer in the list in terms of price performance. Nearly 44% market cap of the company vanished in last one month. Out of 34 stocks 14 have recorded 52 week lows in last one month.
| %Holding | Rs Crore | No. of Holders | 1 Month %Chg | |
| HDFC | 59.08 | 52304 | 903 | (17) |
| IVRCL Infras | 57.22 | 1133 | 176 | (44) |
| Jain Irrigation | 55.24 | 4062 | 248 | (11) |
| Indiabulls Real | 55.06 | 2576 | 232 | (13) |
| IDFC | 50.49 | 10181 | 501 | (23) |
| YES BANK | 45.6 | 4150 | 209 | (14) |
| LIC Housing Fin | 41.8 | 704 | 195 | (8) |
| Tata Motors (D) | 41.36 | 2783 | 106 | (11) |
| Shriram TransFi | 40.21 | 6131 | 272 | (13) |
| Dhanlaxmi Bank | 39.78 | 356 | 63 | (19) |
| Rei Agro | 39.35 | 978 | 62 | (5) |
| South Ind Bk | 38.61 | 855 | 62 | (21) |
| Opto Circuits | 37.65 | 1647 | 139 | (8) |
| Educomp Sol | 37.1 | 1613 | 122 | (16) |
| IndusInd Bank | 36.93 | 3768 | 219 | (14) |
| Infosys | 36.6 | 64011 | 935 | (12) |
| Axis Bank | 36.56 | 18291 | 547 | (9) |
| United Phos | 35.5 | 2305 | 269 | (16) |
| Nagarjuna Const | 35.41 | 946 | 115 | (30) |
| Info Drive Soft | 35.32 | 32 | 6 | (7) |
| Zee Entertain | 35.08 | 3942 | 310 | (20) |
| Sintex India | 34.61 | 1398 | 137 | (22) |
| Unitech | 34.24 | 3861 | 287 | (34) |
| Dewan Housing | 33.59 | 919 | 81 | (4) |
| Hero Honda | 33.47 | 10257 | 455 | (22) |
| S Kumars Nation | 33.39 | 606 | 68 | (21) |
| Rolta | 32.59 | 724 | 108 | (13) |
| Indiabulls | 32.25 | 1534 | 118 | (12) |
| Stride Arcolab | 32.08 | 719 | 69 | (13) |
| Redington | 31.55 | 889 | 75 | (10) |
| 31.19 | 2473 | 228 | (20) | |
| Mcleod Rus | 30.51 | 703 | 94 | (4) |
| Manappuram | 30.25 | 1359 | 58 | (30) |
| Radico Khaitan | 30.14 | 699 | 53 | (10) |
Source: Moneycontrol
Disclaimer: Datawatch is purely intended to reveal interesting statistics. Moneycontrol sources all price information from BSE/NSE, company information from Religare Technova and shareholding information from BSE. Moneycontrol is not responsible for inaccuracy/non-updation of data. There is no intention whatsoever to arrive at any conclusion or recommend any stocks or sectors. Please consult your financial advisor before taking any investing decisions.Air India: Old cash crunch story could hit salaries
Mumbai: After a detour toward what seemed like better times, Air India is back to familiar territory - it's on the cusp of such a major cash crunch that employees may not get their salaries after March 2011.
Every month, salaries for those on the Maharajah's service total 300 crores. But from November 2010 to March 2011, the airline projects a shortfall of over 1900 crore rupees. For every day of that period, it will earn 50 crores, but will spend close to 63 crores.
In addition to salaries, fuel payments are a major expense. And oil companies are no longer willing to accept the Maharajah's IOUs - outstanding payments for fuel are a whopping 2300 crores.
What could propel the airline over the next few months is 1200 crores that the government promised to pump in provided Air India realised targets aimed at making it a leaner, meaner machine. While some benchmarks have been met - returning leased airplanes, for example, and retiring older ones - the number of employees and salaries still remains an issue. The 1200 crore infusion is expected in the next few days.
Earlier this week, Civil Aviation Minister Praful Patel said on NDTV's The Buck Stops Here that he is considering other options. "I feel that a little bit of injection... of private equity...I'm not talking about privatisation but certainly by way of an IPO. Bringing in more stake holders, bringing in more participation of others besides the government will certainly help," he offered.
In August, Air India officials shared promising numbers. Ticket sales from April to August were up by 24 percent. And while the Maharajah still had his belly, the airline was trimming the fat - duplication of routes was controlled, and old aircraft were being replaced with newer ones, leading to lower maintenance expenses and fuel bills. However, the net losses for 2009-10 equal nearly 5,551 crores.
The bigger picture isn't much prettier. The airline's overall debt stands at 40,000 crores - of this, 18,000 cores is attributed to working capital loans. The interest payments alone are enough to warrant oxygen masks.
Sensex slips 445 points closes below 20K .Nifty @ 5988. Will it hold key 5960 support level?
A benchmark index of Indian equities plunged 2.19 percent to 19,865 points, the lowest level in almost a month, on heavy selling pressure amid weak Asian cues.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) dropped 445 points or 2.19 percent, the sharpest fall in over five months, to close at 19,865.14 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty tumbled 2.17 percent or 132.90 points to 5,988.70 points.
All the broader market indices also closed deep in the red. The BSE midcap fell 2.15 percent to 8,266 points and the BSE smallcap index ended nearly three percent lower at 10,567 points.
Sterlite Industries, the country’s largest copper and zinc producer, plunged 5.4 percent as metal prices dropped in the international market. Hindalco Industries dropped 5.12 percent to Rs.212.05.
There was also heavy selling pressure in auto and banking scrips. Tata Motors fell nearly four percent and Mahindra and Mahindra ended nearly three percent lower.
Jaiprakash Asso, down 4.57 percent at Rs.122.20; Reliance Comm, down 3.72 percent at Rs.161.80; L&T, down 3.53 percent at Rs.2,007.40; Reliance Infra, down 3.45 percent at Rs.994.05; and Tata Power, 2.91 percent down at Rs.1,344; were among top losers at the Sensex.
Bharti Airtel was the only scrip that closed in the positive territory. The telecom major closed 1.16 percent higher at Rs.313.10.
Most other Asian indices also closed deep in the red. Shanghai Composite index plunged nearly four percent to 2,894 points.
Hong Kong’s Hang Seng fell 1.39 percent to 23,693 points and the Japanese Nikkei index closed 0.31 percent down at 9,797 points.
European stocks were also trading weak. Britain’s FTSE 100 was trading 1.31 percent down at 5,744 points.
The German DAX was down 0.51 percent at 6,755 points and the French CAC 40 was 1.38 percent lower at 3,810 points.
Latest Corporate News 11-11-2010| Corporate Results updates
Corporate News
GMR Infrastructure net profit declines 19.84% in the September 2010 quarter
Net profit of GMR Infrastructure declined 19.84% to Rs 8.97 crore in the quarter ended September
2010 as against Rs 11.19 crore during the previous quarter ended September 2009. Sales rose
221.00% to Rs 127.05 crore in the quarter ended September 2010 as against Rs 39.58 crore during the
previous quarter ended September 2009.
Bharti Airtel net profit declines 8.56% in the September 2010 quarter
Net profit of Bharti Airtel declined 8.56% to Rs 2100.30 crore in the quarter ended September 2010 as
against Rs 2296.90 crore during the previous quarter ended September 2009. Sales rose 4.47% to Rs
9299.90 crore in the quarter ended September 2010 as against Rs 8901.70 crore during the previous
quarter ended September 2009.
Opto Circuits (India) net profit rises 31.41% in the September 2010 quarter
Opto Circuits (India) net profit rose 31.41% to Rs 51.12 crore in the quarter ended September 2010 as
against Rs 38.90 crore during the previous quarter ended September 2009. Sales rose 18.48% to Rs
143.21 crore in the quarter ended September 2010 as against Rs 120.87 crore during the previous
quarter ended September 2009.
Market may open flat to postive
The he Sensex and the Nifty may open flat to postive back of global flat openings..
Metals and financials will continue to remain in focus. The Nifty kept meandering around 5300 levels yesterday.
The S&P retreats 0.3% for third consecutive day and the Dow eked out a tiny gain while the Asian markets trade flat and edges lower for 3rd day.
Nifty Pivot Points:
Resistance 1 5341.58
Resistance 2 5360.02
Support 1 5296.43
Support 2 5269.72
Market Internal (As on 23rd June)
Markets ended flat ahead of F&O expiry yesterday with the Nifty ending up 6 points and Sensex ending up 0.06%. The advance decline ratio came in at 2:1. The broader markets outperform the markets. The mid cap index ended up 0.8% while the small caps ended up 0.6%.
The pharma & realty stocks rallied and the gainers in the pharma sector were Dr Reddy's, Orchid Chem and Sun Pharma.
In the realty sector gainers were Orbit Corp, Unitech and DLF.
Capital goods stocks fell led by L&T which fell the most since May 25 and ended down 3%.
Nifty gainers: Maruti, Unitech, Sun pharma
Nifty losers: L&T, HCL Tech
the Nifty opens Higher back to 5150
The market opens the first day of a new week on a good note. On Friday, the US markets ended higher with the Dow up 39 points. Asia is trading firm this morning. Sensex is trading at 17216, up 151 points from its previous close, and Nifty is at 5160, up 40 points. CNX Midcap index is up 0.6% and BSE Smallcap index is also up 0.6%. The market breadth is positive with advances at 558 against declines of 125 on the NSE.
Buy Dlf above 270 tgt-278 and 285
Sell below 260 tgt 255 and 250
Market week ahead(07th- 11th June)
Even as the market pulled back sharply, hectic buying was witnessed across sectors like metals and telecom that had been battered down during the earlier market fall.
In the coming week ,IIP numbers, US unemployment data, monsoon and new announcements from Germany are expected.