3rd March 2014

MARKET DIARY

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NATURALGAS

Feb,14

(1168.52)

(206.75)

DII

Net(Cr.)Investor Buy(Cr.) Sale(Cr.)

2014 116119.00

1334.45 12.02

EW ALL SHARE 9931.25

1,16,325.75

50552.74

INSTITUTIONAL TURNOVER

6,145.39

49,493.61

Net(Cr.)

COPPER 440.20

46362.00

GOLD 30090.00

2014 45822.35

20133.94 19,846.99 286.95

46,990.87

11.69

103.75

6809.07 (0.57)

14533.42 (307.82)

4408.08

9692.08

591.82

72.92

EURO/RS. 85.13

Narnolia Securities Ltd. 124, 1st floor 7/1, Lords Sinha Road Kolkata -700071. Ph 033-22821500/01/02/03/04 Mob : 9830013196

email: research@narnolia.com, website : www.narnolia.com

POUND/RS. 103.47

MARKET

Name Value Change

Sensex 21120.12 133.13

110.93

28th,Feb, 14

SILVER

Nifty 6276.95

1059.13

38.15

COMMODITY PRICE

CRUDEOIL

ValueCOMMODITY/CURRENCIES

NASDAQ

CAC

28th,Feb, 14 6737.21

DAX

NIKKIE

Economic calendar

DOW 16321.71 49.06

4308.12 (10.81)

DOLLAR/RS. 61.77

Chart of the Day

288.10

News

Buy(Cr.)Investor

FTSE

Index Action-Nifty (28th, Feb, 14) Feb,14

Indian Real GDP ( % )

HANG SENG

FII

Sale(Cr.)

22651.52

1,322.43

(185.44)

Result Calendar

Quote of The Day "Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day." Charlie Munger

SGX NIFTY : 6258

( 22 pts Down )

Top Performers 1D % Change Top Performers 1W % Change

Top Performers

1M

% Change

PDPL 19.85 KOTHARIPRO 37.10 KOTHARIPRO 106.74

ASHAPURMIN 15.88 MAHINDFORG 33.91 RMCL 104.71

INDOCO 13.56 MAHINDUGIN 32.34 GLOBOFFS 95.87

SANWARIA 13.16 GLOBALVECT 27.32 SPECTACLE 90.20

TATAELXSI 13.00 RMCL 27.25 TRANSCORP 88.52

Worst Performers

1D

% Change

Worst Performers

1W

% Change

Worst Performers

1M

% Change

DHANUS (14.29) SUNDARAM (52.85) SUNDARAM (55.40)

LAKSHMIEFL (11.42) STRAUSIND (28.00) WARRENTEA (46.02)

SUNDARAM (9.77) COROENGG (22.35) WESTE (40.96)

IMPEXFERRO (9.74) MAHAPOL (21.94) REISIXTEN (38.38)

LOTUSEYE (9.21) BIRLAPOWER (21.43) MARG (33.82)

• Power Grid Corporation of India Ltd has moved the Delhi High Court against the Income Tax department's demand of Rs 872 crore as tax on

charges collected by it from defaulting states. In its petition, Power System Operation Corporation Limited (POSOCO), said the Central Electricity

Regulatory Commission (CERC) has devised a commercial mechanism to penalise those who breach discipline of the grid, while drawing power,

and compensating those impacted by such breach.

• Rakesh Jhunjhunwala's firm Rare Enterprises picked up 15 lakh shares of HT Media for nearly Rs 11 crore through open market route. Rare

Enterprises has bought the company's scrips on an average price of Rs 71.25 apiece, valuing the transaction at Rs 10.69 crore, as per bulk deal

data available with BSE.

• Maruti Feb , 2014 Auto Sales No : -0.4 % ( YoY ) , +6.5 % ( MoM ) . TVSMotor Feb , 2014 Auto Sales No : +7.2% ( YoY ) , -4.6% ( MoM ) . Atul

Auto Feb , 2014 Auto Sales No : +19.0 % ( YoY ) , -6.8 % ( MoM )

• Chinese Manufacturing PMI fell to an annual rate of 50.2, from 50.5 in the preceding month. Analysts had expected Chinese Manufacturing

PMI to fall to 50.1 last month.

• Q3FY14 Indian GDP 4.7 % Vs 4.5 % ( YoY ) Expectation 4.8 % . Fram Sector growth 3.6 % vs 1.1 % ( YoY ) . Manufacturing sector Growth @ 1.9

% Vs 2.5 % ( YoY ). Mining Sector Growth @ -1.6 % vs -2 % ( YoY ) . Construction Sector Growth @ 0.6 % vs 1% ( YoY ) . Trade, hotels, transport and

communication’ sector growth at 4.3 %Vs 5.9 % ( YoY ) . Electricity, gas & water supply’ Sector Growth at 5.0 %Vs 2.6 % ( YoY ) . Community,

social & personal services’ sector Growth @ 7.0 % Vs 4% ( YoY ) . Industry Sector Growth @ -0.7 % vs 1.7 % ( YoY ) .Service Sector Growth @ 7.6 %

Vs 6.9 % ( YoY ).

• Tech Mahindra is looking to acquire promoter's stake in FT ( Financial technologies ) as well as its debt. Further, the committee has assured that

there will be independence of acquisition from NSEL investors. Tech Mahindra executives met some representatives of the committee to explore

initial contours of the deal.

• Oriental Bank of Commerce has raise Tier II Capital to the extent of Rs. 1000 crore (Rupees one thousand crore only) through issue of Basel III

compliant Tier II Bonds on private placement basis.

• Voltas has formed a 50:50 joint venture with Dow Chemical Pacific (Singapore) Pte to market and distribute standard packaged water

treatment systems and waste water treatment systems.

• CCEA has hiked fixed costs by Rs. 300/ Tonne for urea plants. The cabinet has cleared several big ticket proposals and ordinances including

hiking dearness allowance. It has also okayed an ordinance to amend the securities law and give SEBI more powers.

Markets Snapshot

Top Price Performers

Worst Price Performers

• The government will sell a 5 percent stake in power equipment manufacturer BHEL to state-owned Life Insurance Corporation of India,

fetching the exchequer about Rs 2,046 crore. BHEL disinvestment will happen this fiscal through a block deal to LIC .

Top News :

• Jaiprakash Power Venture Ltd or JPVL, the Jaiprakash Group's flagship company, will sell its two hydropower plants to a grouping led by Abu

Dhabi government-owned utility Taqa for $1.8-2 billion (Rs 11,500-12,500 crore) as part of an asset-disposal plan aimed at trimming a part of the

group's Rs 60,000 crore debt.

Bse Code Company Name Date Bse Code Company Name Date

513063 Transfreight Co 12-Mar-14 526299 Mphasis 13-Mar-14

NSE Code Bse Code SALES ( Cr.) SALES Gr ( % ) PAT ( Cr.) PAT ( % )

SANOFI 500674 461.1 9.10 92.70 106.90

SKFINDIA 500472 599.4 15.70 48.30 50.00

VESUVIUS 520113 155.34 1.20 13.59 (23.00)

STOVACQ 504959 22.5 (4.70) 2.40 (8.40)

CLNINDIA 506390 280.65 (3.30) (6.10) (127.70)

BOSCHLTD 500530 2162 1.40 138.98 (19.20)

GOODRICKE 500166 264.83 11.70 25.94 36.70

SHREDIGCEM 502180 75.89 3.60 (12.84) (324.50)

Result Q3FY14

Result Calendar Q3FY14

Management Tweets :

• Firstsource Solutions Mgt Guideline : Company aims to clock a revenue growth of 9-10 percent for FY14 . The net profit for the company is

likely to be between Rs 180-185 crore for FY14 . Margin expansion will also flow through on back of interventions done over the last 12 months

like weeding out of non-profitable accounts and weeding out lines of businesses that were bleeding cash . The margin improvement at the EBITDA

level, company see at least another 150 basis points improvement in FY15 .

• Titan Mgt Guideline : The Reserve Bank of India (RBI) has given approval to Titan for hedging of gold on international exchanges. All the gold

that company is buying, company will be able to hedge through the authorised banks in India, both on the gold front which might be on the

commodity exchange internationally, and on the USD-INR rate in India. So,company would be able to hopefully take longer contracts. Company

don’t need to roll them over very frequently and that would be very beneficial for company . Mgt believe jewellery demand is still subdued given

the weak discretionary spending environment .

• Godrej Consumer Products Mgt Guideline : Company is confident of maintaining growth going forward . Fluctuations seen in currencies of

markets like Argentina, South Africa and Indonesia are unlikely to impact the company’s margins. Because most of our materials are bought locally

and selling is also locally . Though weak sentiment & slowdown emerging markets , the company is on track to achieve 10 times growth in 10

years , which means a compounded annual growth rate (CAGR) of 26 percent .

Monday Tuesday Wednesday Thursday Friday

3-Mar-14 4-Mar-14 5-Mar-14 6-Mar-14 7-Mar-14

US

Core PCE Price Index m/m , Personal

Spending m/m , ISM Manufacturing

PMI , Total Vehicle Sales ,

Construction Spending m/m .

IBD/TIPP Economic Optimism .

ADP Non-Farm Employment Change , ISM

Non-Manufacturing PMI , Final Services

PMI , ISM Non-Manufacturing PMI , Crude

Oil Inventories , Beige Book , FOMC

Member Fisher Speaks .

FOMC Member Dudley Speaks ,

Unemployment Claims , Revised Nonfarm

Productivity q/q , Revised Unit Labor Costs

q/q , Factory Orders m/m , FOMC Member

Plosser Speaks .

Non-Farm Employment Change , Trade

Balance , Unemployment Rate , Average

Hourly Earnings m/m , FOMC Member

Dudley Speaks .

UK/EURO

ZONE

Spanish Manufacturing PMI , Italian

Manufacturing PMI , Manufacturing

PMI , Net Lending to Individuals

m/m , M4 Money Supply m/m ,

Mortgage Approvals , ECB President

Draghi Speaks .

Spanish Unemployment Change ,

Halifax HPI m/m , Construction PMI ,

PPI m/m .

Spanish Services PMI , Italian Services PMI

, Final Services PMI , Services PMI , Retail

Sales m/m , Revised GDP q/q .

Spanish 10-y Bond Auction , French 10-y

Bond Auction , German Factory Orders m/m

, Asset Purchase Facility , Official Bank Rate ,

MPC Rate Statement , Minimum Bid Rate .

German Industrial Production m/m ,

Consumer Inflation Expectations .

INDIAAuto sales no .HSBC manufacturing

PMI data

HSBC India Services PMI , HSBC India

Composite PMI .

Economic Calendar

Narnolia Securities Ltd402, 4th floor 7/ 1, Lords Sinha Road Kolkata 700071, Ph

033-32011233 Toll Free no : 1-800-345-4000

email: research@narnolia.com,

website : www.narnolia.com

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