The only PSU stock flying high holds promise to rise further
A month ago, the stock had 12 ‘strong buy’ and 10 ‘buy’ recommendations.
Vedanta’s BPCL acquisition cost under the lens
While BPCL dividends could easily cover the cost of debt of any acquisition, "the question we have is how would Vedanta Ltd secure funding, given the worries on leverage at Vedanta and the parent?," JP Morgan said in a report.
Multibaggers in making? 11 smallcaps that analysts say can turn largecaps in 5-10 years
Legendary investor Warren Buffett’s investment in Apple forms a large chunk of his wealth today, while India’s Big Bull Rakesh Jhunjhunwala accepts Titan created much of his wealth.
SGX Nifty up 20 points; here's what changed for market while you were sleeping
Even as the index has risen for seven straight sessions, there are chances that the index may scale towards 12,850 level. That said, the short-term rally has reached a mature stage and a minor correction cannot be ruled out, said analysts.
Stocks in the news: YES Bank, SBI, Future Consumer, Coal India and Crompton Greaves Consumer
State Bank of India said its board of directors has approved to divest over 8.5 per cent in UTI Trustee Company.
Ahead of Market: 12 things that will decide stock action on Friday
There is a possibility of continuation of range bound action around 11,850-11,950 levels by next session. Immediate support is to be watched at 11,800 and a crucial upside hurdle is placed at 12,025
Buy Indraprastha Gas, target price Rs 520: Suruchi Kapoor
The analyst suggested a stoploss at Rs 440 .
Quality smallcaps can buck downturn
These companies have market leadership, strong balance sheets with good cash flows, sound capital allocation strategy and higher recovery potential.
Adani Gas jumps 3% after it cuts prices of CNG and PNG
The firm, which retails CNG to automobiles in some districts of Haryana, Gujarat, Rajasthan, Madhya Pradesh, and Uttar Pradesh, cut CNG rates between Rs 1.5 per kg to Rs 3.6 per kg.
Indian equities may attract $1.3 billion in passive flows
A little lower than a third of current constituents will see an increase in their stock weights whenever MSCI considers this particular rebalancing, said Morgan Stanley.
Buy Indraprastha Gas, target price Rs 431: Nirmal Bang
The “buy” rating is based on the improved risk-reward at current valuations.
Gujarat Gas, IGL gain up to 3% as Macquarie raises target prices
The Australian broker said it continues to remain positive on Indian city gas space.
Share market update: 47 stocks hit 52-week highs on NSE
Overall, 20 shares were trading in the green in Nifty50 index, while 30 were trading in the red.
Share market update: BSE Smallcap index up; Indraprastha Medicals jumps 5%
The S&P BSE SmallCap index was trading 0.23 per cent up at 13412.92.
Go long in Titan, Indraprastha Gas and ITC
The index continues to trade below its shortlong term daily moving averages and thus lack the strength.