News
Sun Pharma’s positive news volume jumps in Q1 to highest level in past 4-quarters
Sun Pharmaceutical Industries witnessed a significant improvement in the positive media coverage during the June 2018 quarter. Regulatory approvals and encouraging earnings led the positive news coverage for Sun Pharma in the June 2018 quarter.
At the same time, the volume of negative news has also dropped sharply in the same period. As a result, the long-term news sentiment has improved towards the end of the quarter.
Moreover, the improvement in news sentiment was also reflected in the recent rally in Sun Pharma’s stock price. Net-net, the news cycle was favorable for India’s leading drug maker in the June 2018 quarter.
[Compare screen: Sun Pharma – Share Price, News Volume, and Sentiment]
Infosys leads media share of voice, but TCS takes the cake
India’s second largest IT firm, Infosys led the media share of voice (both web and social) among the top 5 software companies during the fourth quarter earnings season. It was followed by Tata Consultancy Services (TCS), the largest software company in India.
[Image 1: Share of Voice (as on Apr. 26, 2018)]
Though Infosys topped the media share of voice, TCS has performed better on the tonality of news coverage.
TCS received extremely positive media coverage after India’s largest IT firm reported better-than-expected quarterly earnings. Meanwhile, positive earnings coverage has lifted TCS’s news sentiment 100-day moving average (DMA) to the highest level in the past 9-months.
On the other hand, underlying news sentiment for India’s second largest software company was mostly negative due to lukewarm Q4 earnings and disappointing guidance for FY19. As a result, Infosys witnessed a drop in news sentiment 100-DMA after disclosing quarterly results.
[Image 2: Compare screen – News sentiment 100-DMA chart]
FiND Media Monitoring Tool offers high-end media analytics by tracking news coverage patterns and analyzing movement in underlying sentiment in real-time for all listed and unlisted companies globally.
To know more about FiND Media Monitoring Tool, email us at info@heckyl.com
These 3 companies witness drop in long-term news sentiment to 2-year low
FiND media coverage study for BSE 100 index companies showed a significant deterioration in the long-term news sentiment for Glenmark Pharmaceuticals, Vakrangee and fraud-hit Punjab National Bank (PNB).
These 3 companies have been receiving negative press coverage for quite some time. As a result, news sentiment 200-day moving average (DMA) for these 3 companies dipped to a 2-year low on Apr. 17, 2018.
[Image 1: Compare screen shows Sentiment 200-DMA] Read the rest of this entry »
Rajnish Kumar leads news and social media mentions among top bankers in past 3-months: FiND study
Rajnish Kumar, chairman, State Bank of India topped the news and social media mentions among the leading bankers in the country during the past 3-months, FiND analysis showed.
Uday Kotak (vice chairman & MD, Kotak Mahindra Bank) and Chanda Kochhar (CEO and MD, ICICI Bank) secured the second and third position respectively in media share of voice in the past 3-months (Image 1).
(Image 1: Media mentions for top bankers)
SBI, India’s largest public sector lender led the share of voice for both news and social media among leading banks in the past 3-months. Meanwhile, HDFC Bank and ICICI Bank were top two private sector lenders securing the second and third position respectively in media share of voice in the past 3-months. Read the rest of this entry »
News sentiment for Bajaj Finance jumps to 1-month high
Bajaj Finance received favourable media coverage in September 2017. Bajaj Finserv subsidiary witnessed a surge in news and tweets volume in the last month. At the same time, the company recorded a jump in news sentiment – 30 day average to 1-month high towards the end of September. Moreover, news sentiment – 30 day average for Bajaj Finance was highest among its peers.
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