Iifl securities

The markets are yet to find their trough, and real interest rates in the US (down 700bps from pre-pandemic levels) are likely to outgrow the hike in India (down only 300bps from pre-pandemic levels). This is likely to accelerate capital outflows and form a vicious cycle impacting the currency, inflation, real yields and causing further capital drain, believes IIFL Securities Chairman R Venkataraman. At an interview with Moneycontrol , he says that that markets are some way off from the bottom and there could be another 15 percent correction from here. "We suggest Cipla , SBI Life , HUL , ITC , Ashok Leyland , Persistent Systems , Deepak Nitrite , ICICI Bank as our top picks after a severe correction," Venkataraman shares. Excerpts from the interview: What is the message you get from the central banks that continued rate hikes and hinted more hikes to control inflation? Central banks worldwide were clearly taken by surprise at the violent inflationary … [Read more...] about Daily Voice | More capital drain on cards, expect 15% more correction, says R Venkataraman of IIFL Securities

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hem Securities report on Dollar Industries Dollar Industries Q4 FY22 consolidated revenues came in at ₹ 376 Cr, up 21% YoY and down 1.8% QoQ with a volume decline of 2% YoY. PBIDT for Q4FY22 stood at ₹ 59 Cr, up 78% YoY and down 10.1% QoQ. PBIDTM for Q4FY22 came at 15.7%, up 500 bps YoY and down 146 bps QoQ. PAT for Q4FY22 stood at ₹ 37Cr, up 84.6% YoY and down 16.4% QoQ. Gross margins were impacted due to a steep increase in cotton yarn prices. Outlook We initiate a “BUY” rating on the stock and value the stock at 13.7x FY24E earnings to arrive at the target of ₹537. Close More Info At 12:08 hrs Dollar Industries was quoting at Rs 462.05, up Rs 7.50, or 1.65 percent. It has touched an intraday high of Rs 465.40 and an intraday low of Rs 460.65. It … [Read more...] about Buy Dollar Industries; target of Rs 537: Hem Securities

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hem Securities report on Cyient Cyient Ltd Q4FY22 consolidated revenues came in at ₹1181.2 Cr, up 8.06% YoY and down 0.19% QoQ. EBITDA for Q4FY22 stood at ₹212.4 Cr, up 37.39% YoY and up 0.28% QoQ. EBITDA margins for Q4FY22 came at 17.98% as compared to 17.9% in Q3FY22 and 14.14% in Q4FY21. PAT for Q4FY22 stood at ₹154.2 Cr, up 49.56% YoY and up 17.00% QoQ. Outlook We give a “BUY” rating on the stock and value the stock at 15.2x FY24E earnings to arrive at the target of ₹911. More Info Close At 13:25 hrs Cyient was quoting at Rs 787.95, down Rs 3.35, or 0.42 percent. It has touched an intraday high of Rs 810.30 and an intraday low of Rs 786.00. It was trading with volumes of 6,115 shares, compared to its thirty day average of shares, a decrease of … [Read more...] about Buy Cyient; target of Rs 911: Hem Securities

The U.S. Securities and Exchange Commission (SEC) released, on March 28, 2022, new proposed rules aimed at making more entities subject to registration and regulation as securities dealers . In support of the proposal, SEC Gary Gensler stated: "[R]equiring all firms that regularly make markets , or otherwise perform important liquidity -providing roles, to register as dealers or government securities dealers also could help level the playing field among firms and enhance the resiliency of our markets." In a statement, SEC Commissioner Hester M. Peirce noted: "Drawing the line between dealers and other active participants in our markets has long been challenging, and those challenges have only increased as our markets have evolved over the decades ... While I have deep reservations about the breadth of today's proposal, it addresses some important issues on which public comment will be valuable." She believes that clarifying the scope of the term "dealer" is important but is … [Read more...] about SEC Proposes Expanded Regulation of Securities Dealers

If you run a small business or work in an enterprise setting, you know the routine for sharing files. Depending on your organization, you use Google Drive, Dropbox, Box, iCloud, or seemingly millions of other competitors. The need to share information and collaborate on projects means that cloud storage platforms are everywhere… and it has spurred its own sub-industries. One of these is the demand for security services for cloud file sharing. advertisement advertisement Let’s say it: Security at Dropbox, Box, and Google Drive is excellent, surely, but it isn’t perfect. It’s commonplace (and smart) for organizations to share sensitive documents via VPN or thumb drives when corporate competitors and other snoops lurk. But many employees don’t always follow company policy or even the law; as I discovered at Fast Company last year, many doctors use Dropbox to store patient health information even though the federal government prohibits it. Other times, … [Read more...] about How Dropbox Spawned A Cottage Security Industry

Police Regional Office 3 | PHOTO: Police Regional Office 3 facebook page OLONGAPO CITY—The police force in Central Luzon is intensifying its counterterrorism measures ahead of the inauguration on June 30 of President-elect Ferdinand Marcos Jr. In a statement Thursday, Brig. Gen. Matthew Baccay, Police Regional Office 3 director, cited “possible threats to disrupt” Marcos Jr.’s inauguration but did not give details. Baccay said policemen in the region were continuously conducting intelligence monitoring and gathering to ensure preparedness “in cases of any eventuality that might occur during the said historical event.” “We are also anticipating street protests during the inauguration,” Baccay said, as he asserted that the police force respects an individuals’ right to voice their concerns. “But make sure it is within the bounds of the law, and you are in a proper venue with a secured permit when you conduct your protests and demonstrations,” he said. lzb Subscribe to … [Read more...] about Central Luzon cops step up security efforts ahead of Bongbong Marcos’ inauguration

Asean defense ministers pose for a group photo ahead of the Asean Defense Ministers’ Meeting on July 11, 2019, in Bangkok, Thailand. AP BANGKOK  — Defense ministers from the 10-member Association of Southeast Asian Nations (Asean) have met in the Thai capital to discuss issues including border controls, terrorism and illegal fishing. Asean members have varying priorities, so the ministers focus on approaches to problem solving rather than tackling potentially divisive substantive issues. Their agreements touched only indirectly on such critical issues as territorial disputes in the South China Sea, where Vietnam and the Philippines face aggressive claims by China. The attendees agreed Thursday to study a Philippine proposal for guidelines on maritime conflict management. They also agreed to look at proposals for a hotline to major powers in times of crisis, as well as border management, counterterrorism and raising awareness on the security implications of illegal, unreported … [Read more...] about Asean defense ministers discuss security proposals

Share to Twitter Share to Linkedin CEO and Co-Founder of OpenVPN Inc. , leading-edge networking and software technology with over 60 million downloads since inception. How much freedom are you willing to sacrifice for the sake of safety and security? And how much safety are you willing to risk to retain your personal freedom? At the end of the day, businesses must make a choice. It’s a question we’ve been asking ourselves for centuries, in one form or another. But in today’s digital age, when employees can be located anywhere on the map, it’s more critical than ever to really ask ourselves where that line should be drawn. The reality is that companies can’t have both — not to the extent we would like. There must be a balance, certainly. In fact, I would argue that anyone who values one over the other too intensely should be met with a fair degree of skepticism. I find that a focus entirely on security can often cover an underlying … [Read more...] about Freedom Vs. Security In Business: How Leaders Can Strike A Balance

Representative image. Days after several websites were hacked by foreign “hacktivists” to protest comments made against Prophet Mohammad, a government body responsible for financial regulations has come out with a list of cybersecurity norms to wall up against such attacks. In an internal advisory, the Central Board of Indirect Taxes and Customs (CBIC) has asked the principal chief commissioner of customs, central tax and customs and others to host websites of all zones on National Informatics Centre’s Data Centre or on cloud infrastructure provided by Ministry of Electronics and Information Technology-empanelled service providers. The advisory dated June 13 also said the design of websites should be along the guidelines drawn by NIC for Indian Government Websites (GIGW). “Website and data security is of paramount concern in the present times in view of increasing security threats. Hackers continuously attempt to explore security vulnerabilities available in the websites … [Read more...] about Tax body issues guidelines for securing websites, procuring IT services

SCREENSHOT FROM SARA DUTERTE’S YOUTUBE CHANNEL DAVAO CITY — Vice President-elect Sara Duterte lauded the Office of the National Defense (OND) and the security forces for heeding her request to activate the Vice Presidential Security and Protection Group (VPSPG) . The unit, which will secure the country’s second highest official and her family, will be separate from the Presidential Security Group (PSG), which secures the President and the first family. The DND has reportedly approved its activation. “Allow me to extend my gratitude to the Department of National Defense Secretary Delfin Lorenzana and the entire DND organization and Armed Forces of the Philippines Chief of Staff Gen. Andres Centino and the whole of AFP for the positive response and action to the request that a security unit, separate from the Presidential Security Group (PSG), be created and assigned to the office of the vice president,” Duterte said in a statement to the media hours after the AFP announced the … [Read more...] about Sara thanks DND, AFP for activating security unit to protect VP, family