Maize(Corn) Physical Market in New Delhi Closed with Strong Sentiment

At New Delhi market , Maize(Corn) Hybrid (U.P.) finished strong at Rs. 1500-1525 per quintal, higher by 5.17 per cent as compared to previous day. Estimated market supply was at 400 quintals, lower by 100 quintals from previous dayn#39;s arrivals. Bajra Desi finished firm at Rs. 1280 per quintal, up by 1.59 per cent from previous price level. Estimated market supply was at 500 quintals, up by 100 quintals as against previous day. Barley Desi at New Delhi market finished at Rs. 1250 per quintal, unchanged as compared to previous close. Arrivals were reported at 400 quintals, unchanged as compared to previous dayn#39;s arrival. Jowar Cattle feed at New Delhi market ended at Rs. 1300 per quintal, unchanged as compared to previous close. Jowar Price seed at New Delhi market finished at Rs. 2000 per quintal, steady against previous close. Total arrivals are at 400 quintals, steady as against previous dayn#39;s arrival. nnbsp; Maize(Corn) in New Delhi Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute New Delhi Maize(Corn) Hybrid (U.P.) 1500-1525 +75 New Delhi Bajra Desi 1280 +20 New Delhi Barley Desi 1250 0 New Delhi Jowar Cattle feed 1300 0 New Delhi Jowar Price seed 2000 0 nnbsp;

Wheat in Physical Market Closed Unchanged in Madhya Pradesh

At Bina market in Madhya Pradesh, Wheat (Sarbati 306) ended at 2100 per quintal, unchanged as compared to previous close. Total arrivals are at 600 quintals, up by 150 quintals from previous trading day. Wheat Loose at Harpalpur market finished high at 1400-1425 per quintal, higher by 1.79 per cent as compared to previous day. Traders reported arrivals at 150 quintals, lower by 50 quintals from previous dayn#39;s arrivals. Wheat Loose at Dabra market ended at 1250-1500 per quintal, unchanged as compared to previous close. Trade sources reported arrivals at 400 quintals, higher by 100 quintals as compared to previous day. Wheat Loose at Morena market finished at 1400-1425 per quintal, unchanged as compared to previous close. Todayn#39;s arrivals are at 800 quintals, up by 200 quintals from previous trading day. Wheat Loose at Harda market closed at 1425 per quintal, steady as against previous close. Trade sources reported arrivals at 500 quintals, up by 200 quintals from previous trading day. nnbsp; Wheat in Madhya Pradesh Market (Prices in per quintal) Market Commodity/Variety Price Change Absolute Bina Wheat (Sarbati 306) 2100 0 Harpalpur Wheat Loose 1400-1425 +25 Dabra Wheat Loose 1250-1500 0 Morena Wheat Loose 1400-1425 0 Harda Wheat Loose 1425 0 nnbsp;

MENTHOIL TIPS

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BUY MENTHOIL@951 STOLSS 942 TARGET 961/971/981

20/08/2015

11:13:59

NSE TIPS

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BUY AJANTHA PHARMA@1685 SL 1665 TARGET 1705/1725/1745

20/08/2015

11:16:20

Gammon India slips after Q1 net loss widens on lower sales

Gammon India Ltd., a Mumbai-based civil engineering construction company, slipped Monday after fiscal first quarter widened on lower sales and higher finance costs.

  Net loss widened to Rs 1.87 billion in the three months ended Jun 30 compared to loss of Rs 1.20 billion in the corresponding period a year earlier, Gammon India said in a statement to the stock exchanges on Friday after market hours.

  The company net sales slipped 19.3% to Rs 7.44 billion in the Apr-Jun period while finance costs jumped 17% to Rs 1.72 billion in the first quarter.

  Gammon India had a forex fluctuation gain of Rs 50.3 million in the quarter.

  Meanwhile, the company's board has approved a restructuring proposal for segregation of business.

   The said restructuring would be achieved by a scheme of arrangement for transfer of civil EPC undertaking and T&D undertaking of Gammon India to its wholly owned subsidiaries, Gammon Retail Infra and Transrail Lighting.

  At 11:10AM, Gammon India slipped 2.45% to Rs 17.90 on the Mumbai stock exchange.