Patents on drugs worth over USD 200 billion are going to expire in the next 5-years, according to a study conducted by Heckyl. More than 330 drugs will lose patents issued by the US Patent and Trademark Office during CY2018-2022. These drugs constitute ~38.5% of the total number of patented drugs in the US.
A slew of impending patent expirations in the US offers a huge opportunity for generic drug manufacturers. The key beneficiaries of upcoming patent expiries are Mylan, Teva, Celgene, Wockhardt, Dr Reddy’s, Cipla, Lupin, Aurobindo, Natco and Cadila.
The bad loans of Indian banks has touched a record high of Rs 9.5 trillion at the end of June 2017. The banks witnessed an increase of 4.5% in bad loans from January to June 2017, according to RBI data. The recent surge in bad loans suggests that there is no end to the NPA crisis anytime soon.
Heckyl believes there is a lot more that can be done in the credit risk space in the financial institutions. It is no secret anymore that be it the banks or the non-banking financial companies (NBFCs), the wrath of the non-performing assets has spared none. Although, these financial institutions have their existing risk models in place, the important question remains, that is, are they able to comprehensively highlight the impending risk ahead of time?
Heckyl has developed innovative Credit Risk Early Warning System (EWS) that collects, organizes and performs deep-dive analytics on structured and unstructured data sets to offer 360-degree view on lender’s loan portfolio. Our EWS application identifies the pre-default behavior of corporate borrowers to help lenders pick up warning signals ahead of time.
Heckyl EWS spots several red-flags on Sintex Industries Read the rest of this entry »
Equity mutual funds have recorded nearly 4-fold growth in net inflows in the past six months. Net inflows in equity-oriented funds stood at a staggering Rs 76,065 crore for the first half of the financial year 2017, up from Rs 19,829 crore in the same period last year. At the same time, equity funds’ asset under management (AUM) grew 22% over the past six months primarily due to a surge in net inflows.
Heckyl has developed India’s first Sentiment Index for Mutual Funds. Our proprietary Sentiment Index offers a broad reading of collective sentiment through real-time analysis of news flow on the stocks within fund portfolio.
News, which drives the day-to-day movement in the stock prices, can help to predict fund performance. A positive news flow on the stocks within the portfolio could possibly indicate better returns ahead and vice-versa.
Heckyl Sentiment Index can help fund managers to decipher underlying sentiment around fund portfolio. Our Sentiment Index indicates bullish/bearish signals for equity funds based on the crossover of fast and slow moving averages of the daily sentiment index value.
Delta Air Lines rallied on Tuesday after the company issued better-than-expected guidance for the third quarter passenger unit revenue. Despite fall in passenger traffic in September 2017, Delta management expects passenger unit revenue to increase by 2% for the quarter ended September 2017.
In September, operations of few US-based airlines including Delta were affected by the Hurricane Irma. Bad weather conditions forced Delta to cancel 22,000 flights in the last month. As a result, the carrier reported a drop of 2.3% (on a year-on-year basis) in the number of passengers carried during September.
Heckyl’s alternative data platform FiND did not show any major impact of Hurricane Irma on Delta’s operational performance for the quarter ended September 2017. Our analysis showed a growth of 3% (on a y-o-y basis) in the number of passengers carried by Delta during the quarter ended September 2017.
Heckyl has developed a Sentiment Index that analyses the potential impact of the sentiment on the value of Straits Times Index (STI) in real-time.
The Sentiment Index indicates bullish/bearish signals based on the crossover of fast and slow moving averages of the daily sentiment index value. This is done through an analysis of the news flow on the 30-largest public listed companies in real-time.
Our back-testing has indicated a strong positive correlation (0.75+), implying that the Heckyl Sentiment index is an alternative proxy for the Straits Times index.
Currently, Heckyl Sentiment Index for Straits Times index is in mildly bearish territory, indicating the sideways trade may continue.
Tata Motors dominated media coverage among the leading auto makers in the past 30-days. At 56.4%, Tata Motors’ media share of voice was the highest when compared with its peers.
55,000+ companies ventured into services sector: Could these new entrants be the prospective targets for banks?
Heckyl Business Intelligence application identifies companies, who at some point in time, may require funds to finance their various business operations. Our BI engine identified 55,082 private limited companies that have ventured into the services business between Aug. 1, 2016 and Jul. 31, 2017. These companies were formed with an aggregate paid up capital of Rs 2,944 crores.
In our view, building early relationships with young companies could be relatively easier for banks than building new-relationships with established companies. Newly incorporated companies could be the potential targets for banks to offer various products such as working capital, long-term loans, payrolls, bill discounting etc. The banks can grow their business by tapping these young companies when they are in need of funding. Read the rest of this entry »
The 7.1 magnitude earthquake that hit Mexico on September 19 has left auto OEMs, suppliers and dealers worried on possible production and sales losses, if any. Fortunately, Central Mexico, the worst affected area, has fewer manufacturing plants compared to other parts of the country.
But as a participant in the auto supply chain, are you well prepared to hedge or possibly gain out of the situations like these?
FiND, a brand new Alternative Data platform, can not only alert you about the OEMs and plants which are worse impacted by the supply disruptions but also can provide information about the models and parts produced in these plants.
Media coverage was overwhelmingly positive for Oil Marketing Companies (OMCs) during August 2017. Corporate growth, expansion and M&A related news flow dominated the media coverage for OMCs in the past month.
Indian Oil Corporation Ltd (IOCL), the country’s largest OMC, witnessed a marked improvement in positive media coverage during August 2017.
Journey from stagnant unit sales and average profit margins
Maruti Suzuki recorded stagnant unit sales during FY13 (up 3.3% y-o-y) and FY14 (down 1.4% y-o-y). EBITDA margin stood in the range of 8% to 11% during FY13 and FY14.
… to industry beating growth rates
India’s top car manufacturer witnessed a substantial improvement in both unit sales growth and margins during the past 3-years. Annual unit sales growth was in the range of 9-12% during FY15 to FY17. At the same time, EBITDA margin has also improved from 10.9% in FY14 to 15.2% in FY17.
Maruti Suzuki’s progress over the past 10-quarters
Were you able to spot these young companies engaged in the manufacturing of food products?
Could these companies be the prospective targets for your Relationship Managers?
Heckyl Business Intelligence application spotted 700+ early stage companies who have recently ventured into the manufacturing of food products.
Heckyl BI engine identifies companies, who at some point in time, may require funds to finance their various business operations.
Newly incorporated companies engaged in the capital-intensive manufacturing business could be the potential targets for offering working capital or long-term loans.
Read the rest of this entry »
Heckyl Credit Risk Early Warning System has identified 50+ companies with a long working capital cycle based on analysis of 1,012 companies’ balance sheet for FY16 and FY17. The longer working capital cycle puts pressure on company’s cash flows and may result in higher short term debt. Hence, long working capital cycle is a red-flag for lenders.
Heckyl system captures company related red-flags based on a variety of business rules. Financial data is one of the important data points in the assessment of credit risk. Heckyl EWS consists of thousands of business rules that analyze the financial data.
The UK new passenger vehicle sales data has shown a decline in recent months. Conversely, European new passenger vehicle sales continue its upward trajectory. The downward trend in UK sales is the first in five years.
The UK passenger vehicle sales’ 12-month moving sum for June 2017 and July 2017 fell below the previous year’s same period unit sales level for the first time in the last 5-years.
UK Passenger Vehicle Sales
Heckyl analysed media coverage on the leading FMCG companies in India. Our analysis shows that the news coverage for Godrej Consumer Products Ltd, Dabur India Ltd, and Marico Ltd was mostly positive between April 27, 2017 to July 26, 2017 period.
Meanwhile, MoneyControl was one of the top news publishers for these companies. At the same time, the overall tone of news that featured on MoneyControl was positive for above 3 players.
Below charts shows the tone of overall media coverage by top 5 news publishers for 3 FMCG players as below:
News sentiment for 308 companies from the S&P 500 index stood above 12-month average in July 2017, according to a study conducted by Heckyl Technologies. Many of these companies are from financials, consumer discretionary, industrials, and health care sectors.
Overall news sentiment for S&P 500 companies remained buoyant in July. News sentiment average for July was positive for 474 companies indicating overall optimism in the S&P 500 index, the leading indicator of US equities.
At the same time, 56 companies primarily from health care, financials, and industrials witnessed a jump in monthly news sentiment average to 1-year high in July. Lockheed Martin Corp, Blackrock, The Charles Schwab Corp, Adobe Systems Inc and Nextera Energy were some of the companies whose monthly news sentiment average surged to 1-year high.
Heckyl Credit Risk Early Warning System captures company-related red flags based on a variety of business rules. We have analyzed the data around pledging of shares by promoters of listed companies.
In our view, pledging of stake by promoters is a potential red-flag for lenders as it a) indicates the stress that has piled up on corporate finance and b) it may lead to loss of management control for the promoters in case of invocation of shares. Read the rest of this entry »
HCL Infosystems, an IT hardware and systems integrator, recorded a surge in share price on Tuesday (Jul. 18, 2017) after the leading financial daily stated Apple is likely to form distribution tie up with the company.
While clarifying on the media reports, the company said it is in various stages of discussion with multiple original equipment manufacturers (OEMs) for distribution arrangement of their products.
HCL Infosystems, which has a strong presence across the country, witnessed a huge buying interest in the stock market on the hopes of distribution tie up with the iPhone maker.
The stock rallied 18.74 percent to settle above 200-day moving average on Tuesday. Moreover, the volume of shares also spiked 21 times over the past 30-days average.
Were you able to spot these newly incorporated companies in the construction sector?
Could these companies be the prospective targets for your Relationship Managers?
Heckyl Business Intelligence application identifies companies, who at some point in time, may require funds to finance their various business operations.
Heckyl BI engine spotted 494 recently incorporated companies, which are ventured into the construction business. Read the rest of this entry »
Heckyl Media Monitoring Tool showed a shift in average news sentiment (from negative to positive) for more than 20 companies from top 500 listed companies recently.
In our view, regular monitoring of media coverage can help corporate communications team to analyze news patterns and track movement in underlying sentiment for their company as well as competitors.
Surge in growth-oriented news flow in H1’17 signals improvement in India Inc business confidence: Heckyl
News flow related to growth-oriented business activities touched the highest level in 2-1/2 years indicating improvement in the business confidence of Indian companies, according to a study conducted by Heckyl, a leading Fintech engaged in news and financial data analytics.
Heckyl has analyzed news data for all the listed companies in India for the past 2-1/2 years covering over 51,000 growth-oriented news items for 1,915 companies.
The first half of 2017 witnessed a year-on-year rise of 15.10% and 11.20% over second half of 2016 in news items featuring growth-oriented business activities. At the same time, the number of companies mentioned in the growth-oriented news items has also grown 24.3% on a y-o-y basis and 23.7% over preceding six months.
Were you able to pick up these activities in the cement sector during the last week?
Could these be opportunities for your Relationship Managers?
To help banks in identifying potential corporate borrowers, Heckyl has developed Business Intelligence (BI) module. Heckyl’s BI module, powered by news and sentiment analytics, identifies companies, who at some point in time, may require funds to finance their various business operations.
Any news update on business orders, new projects, expansion and growth plans, product launch, fund raising, joint venture, M&A, business transactions etc. is potential corporate lending opportunity for the banks.
To remain relevant in today’s fast-changing world, a business organization needs to stay abreast with the latest happenings in the sector. It is extremely important for a company to keep an eye on its competitors to protect its business interest.
In our view, insights derived from media coverage can be useful for both Corporate Communications team and Senior Management. Read the rest of this entry »
In today’s digital world, a crisis can quickly become a public relation disaster if the corporate communications team fails to respond to deteriorating news coverage in time. However, keeping a tab on ever-growing sources of news and social media in real-time could be a daunting task. Moreover, quantifying underlying news sentiment requires specialized skills such as natural language processing (NLP) and text analysis.
Heckyl’s media monitoring tool, which leverages our news analytics and sentiment analysis capabilities, can help corporate communications team to monitor media coverage and its underlying sentiment in real-time. Read the rest of this entry »
Heckyl Sentiment index, which reflects a broad reading of collective sentiment for the Nifty companies, has turned mildly bearish for the 50-share index ending 2-month long bullish phase. Media sentiment for the broad-based index was in the bullish territory since the start of earnings season in April this year. The recent rate hike by the US Federal Reserve and selloff in technology shares weighed on the sentiment.
Voltas, the largest air conditioning company in India, has attracted positive press coverage recently. Heckyl News Analytics platform, which identifies positive and negative media coverage by scanning thousands of news and blog sources in real-time, has assigned the highest positive score of 100 to the Tata Group company for 3 out of 5 trading sessions during the previous week. Meanwhile, the average sentiment score for the past week stood at 84. Heckyl assigns sentiment score on a scale of -100 (very negative) to 100 (very positive).
ITC, a diversified multi-business conglomerate, led the rally in consumer stocks on Monday after the government last week finalized rates for the upcoming goods and services tax (GST).
The NSE FMCG index surged 3.6 percent to a record high on May 22. Meanwhile, ITC rallied nearly 5.9 percent to an all-time high.
Heckyl 15-minutes built-up screen showed a series of long built ups for ITC, signaling a bullish bias for the day.
Whether you are new to the world of investing or an experienced investor, Heckyl Trading Platform should prove a valuable resource as you attempt to earn the profit in today’s complex stock markets. Heckyl integrated real-time market data, news, and financial analytics in the trading platform to meet the demands of investors. We present a list of 10 essential investment tools that every investor should have:
1. Company overview – Everything You Need to Know About a Company
Get a bird-eye view on fundamentals and technical indicators for any company in a single screen.
2. Health Score – Find Multibagger Stocks
Find out whether the company is fundamentally weak or strong just by looking at Health Score, a single number composite financial performance indicator. Health Score analyzes Company on 25 key financial ratios and performance indicators. (Read more about Health Score)
Higher mandi arrivals for 2017 have slammed Turmeric prices in the past few months. Early signals of bumper production for this year were visible from February onwards. Prices, however, started reacting only from March.
While the March and May prices fell in line with past seasonality patterns, record Turmeric arrivals caused prices to buck the past seasonality trend for the month of April.
Turmeric prices tend to fall during March and May every year on the back of new stock arrivals in the market. For the past 5-years, the average drop in Turmeric prices for March and May was 7.25 percent and 4.15 percent respectively.
On the other hand, Turmeric prices moved up during April every year. The average gain in Turmeric prices for April was 1.05 percent for the last 5-years.
In 2017, fall in Turmeric prices in March and May first half was more pronounced than the 5-year average drop in prices for these two months.
In March this year, Turmeric prices fell 8.70 percent. As on May 16, 2017, Turmeric price was down 7.59 percent when compared with April closing.
However, Turmeric prices deviated from historical trend by falling 3.50 percent during April amid record stock arrivals. Read the rest of this entry »
It is quiet intuitive that different seasons of a year impact the demand and availability of agricultural commodities thereby influencing the prices. However, empirical evidence suggests that seasonality plays a big factor in pricing of non-agricultural commodities as well.
Here, we present a case for Natural Gas. Prices of MCX Natural Gas gained in April every year from 2012 to 2016. The year of 2017 was no exception. MCX Natural Gas posted a gain of over 3% in April this year.
[Heckyl’s Seasonality Screen]
Read the rest of this entry »
Jain Irrigation Systems, a leading manufacturer of irrigation systems, pipes & fittings and plastic sheets, witnessed a surge in share price on Wednesday (April 19) after the company announced acquisition of two US based micro-irrigation dealers. The company has agreed to acquire 80 percent stake in Agri-Valley Irrigation Inc (AVI) and Irrigation Design and Construction Inc (IDC) for $48.50 million.
“The merger will help Jain Irrigation to forward integrate itself in the value chain and build direct relationships with growers. This fits into company’s strategy to participate in end to end project solutions to harness company’s unique capabilities in integrated irrigation project solutions,” the company said.
Jain Irrigation witnessed a huge buying interest in the stock market following positive news update. The stock jumped 8.50 percent to settle at Rs. 107.90 on Wednesday. The volume of shares spiked 8.5 times over the past 30-days average.
Heckyl news engine issued news alerts about aforesaid acquisition at 11:16 am on April 19 immediately after the company issued notification to the Bombay Stock Exchange (BSE). The news alert was issued ahead of major price action. At 11:16 am, the stock price was at Rs. 102.05. Read the rest of this entry »
Bhushan Steel, one of the leading players in the Indian steel industry, jumped to a 52-week high on Monday after the media reports stated the company submitted final proposal for corporate debt restructuring programme.
According to media reports, Bhushan Steel submitted final proposal for debt restructuring under the Reserve Bank of India’s Scheme for Sustainable Structuring of Stressed Assets (S4A) scheme in the last month. S4A was unveiled by the central bank last year to make debt recasts easier.
Bhushan Steel has been in financial distress. The steel maker had Rs 44,477.90 crore debt on books at the end of fiscal year 2015-16.
On Monday, shares of Bhushan Steel rallied 13.46 percent to settle at Rs 68.30 on the NSE.
Wockhardt was in action on Monday after the drug maker said the US health regulator agreed to abridged clinical trials for antibiotic being developed by the company. Wockhardt recorded a jump of 6.46 percent in share price on Monday.
The company is developing superdrug antibiotic WCK 5222. The drug is expected to be a life-saving therapy for serious hospital acquired infections. The aforesaid US FDA approval will help Wockhardt to speed up phase III clinical trials for the drug.
To spot opportunities in the today’s fast-paced stock markets, day traders need access to advanced trading tools such as 15-minutes built up screen. It detects intra-day bullish/ bearish trend for a stock or an index futures by monitoring open interest (OI), price and volume every 15-minutes. By using 15-minutes built up screen, traders can identify where the short or long positions are created in real-time. It can help traders to make timely entry and exit from long or short positions.
Reliance Capital, a diversified financial services company, experienced a surge in news flow on Thursday after the Anil Ambani led company announced plans to separate out its retail health insurance business from general insurance.
The proposal is expected to enhance management focus on health insurance business. It will also help the company to unlock value by bringing in global leaders in this space as strategic and equity partners.
The advent of new technologies such as artificial intelligence and automated trading have turned the stock markets into a battlefield. As a trader, you need to be prepared just as any soldier before going into combat in the market. Therefore, it is important for you to use the right trading platform and tools in order to survive in today’s fast paced markets.
To empower traders with the best in class tools, Heckyl launched next generation trading platform. Heckyl has integrated real-time market data, news and financial analytics to develop comprehensive platform for trading in cash, futures and options. Here are the 10 essential trading tools, integrated in our platform, to make you a pro trader:
1. Watch list
Dynamic and lightning fast watch list
For a trader, it is important to stay alert and keep a watch on the market data to spot opportunities. Heckyl offers reliable and exhaustive market data with analytics in real-time. You can track stocks, futures and options in highly customized watch list. 9 pre-set watch lists allow you to monitor stocks across different levels of market capitalization.
Read the rest of this entry »
In today’s global economy, stock market bubbles are a part of life. Bubbles now inflate and deflate much more often than in the past. Free flow of money across markets and wider dissemination of information are partly responsible for formation of bubbles. It is created when the surge in asset price is not justified by its fundamentals. It burst with collapse in asset price when market sentiment turns.
Bubbles in the stock market are difficult to spot. So it is important for traders and investors to understand them to avoid being caught in a bubble. By leveraging the vast amount of news on the internet and applying sophisticated analytics, they can get collective sentiment about companies and market.
Traders and investors are always interested to know where the markets are heading. News, which is a big driver for the markets, can help such traders and investors. By keeping a tab on news flow, they can measure temperature of the market, identify patterns and form their strategies. However, vast amount of today’s information is making it increasingly difficult to monitor relevant news items and assess its positive/ negative impact on the market.
To address this problem, Heckyl has introduced Sentiment Index for Dow Jones Industrial Average (DJIA), a benchmark index for the 30 most significant companies in the US. Heckyl Sentiment index distills massive amounts of news data into a broad reading of collective sentiment for DJIA index. Traders and investors can use Heckyl Sentiment index as a directional signal to figure out whether they should go long or short on the US markets.
Both bear and bull markets offer tremendous opportunities to make money. The key to success is finding a stock which can generate profits under a variety of conditions. However, identifying such stocks is easier said than done. Limited research coverage and lack of actionable information on companies make it difficult to spot multibagger stocks. At the same time, it also impacts price discovery for majority of stocks.
Post demonetization of higher value currency notes on November 8, the Indian banks witnessed a huge inflow of cash. So far banks have received deposits worth over Rs 12.4 lakh crores in scraped currency notes. A sudden spurt in cash levels has led to excess liquidity in the banking system. It has also forced the banks to park excess liquidity in safe haven government bonds. However, a large portion of cash deposits is expected to be pulled out from banks in the near-term. But despite expected cash withdrawals, liquidity in the banking system is set to improve in medium to long-term.
Improvement in liquidity will force banks to ease interest rates. At the same time, it will also push banks to accelerate lending operations. However, conventional methods (word of mouth, reading newspapers, cold-calls and referrals) to augment lending are no longer relevant in the today’s digital world. Hence, banks will have to explore new and smart ways to reach out to the prospective clients. Read the rest of this entry »
Indian banks tend to take on more risks during an upturn in credit growth while non-performing loans (NPLs) of private banks are more reactive to changes in interest rates, according to the recent RBI working paper. The report highlighted a one percent increase in loan growth leads to a 4.3 percent rise in NPLs over total advances (NPL ratio) in the long run.
Post demonetization of higher currency notes, banks have received whopping Rs 12.4 lakh crore in cash deposits. Some portion of these cash deposits is expected to remain with banks, which will improve liquidity in the system. It will enable banks to ease interest rates and boost lending operations.