Maruti Suzuki hikes prices of select models by up to 4.7%
The price change varies across models and ranges up to 4.7 per cent (ex-showroom Delhi) and are effective from January, 27 2020, MSI said in a statement. The price of entry level model Alto range has gone up in the range of Rs 9,000-6,000, S-Presso between Rs 1,500 to 8,000, WagonR between Rs 1,500 and Rs 4,000.
Tata Motors climbs 5% as Edelweiss ups target price
“We envisage TML’s efforts to yield sustainable profitability and cash flow," said Edelwe...
Trade demands opening up of onion exports as prices slide rapidly
Onion prices have been ruling around Rs 100 a kg in retail for close to thr...
Local supply shortage limits Virus-induced rubber price fall
International rubber prices of sheet variety RSS-3 are down by more than 5%.
Brokerages raise price targets on Manappuram Finance post Q3 nos
Narnolia Financial Advisors turned bullish on Manappuram Finance post Q3 results.
Buy Bharti Airtel, price target Rs 506: CK Narayan
The analyst suggested a stoploss at Rs 484 .
Buy BPCL, price target Rs 488: CK Narayan
The analyst suggested a stoploss at Rs 475 .
Buy Tata Steel, price target Rs 470: Kunal Bothra
The analyst suggested a stoploss at Rs 439 .
Credit Suisse upgrades United Spirits to outperform, target price Rs 700
The analyst suggested a stoploss at Rs $stopLossL .
ICICIdirect has buy on TCI Express, target price Rs 1,020
Low leverage, a robust growth trajectory and high core return ratios, position TCI Express as one of the preferred picks in the logistics space, said ICICIdirect.
IIFL Securities initiated buy on Brigade Enterprises, target price Rs 302
The brokerage expects Brigade's operating cash flows to clock above 20% compounded growth over FY19-22.
States asked to set up PSFs to combat price volatility
The Centre has asked states to set up their own state-level price stabilisation funds (PSFs) to deal with price volatility of important agri-horticultural commodities such as onion, potato and pulses.
Buyers stand to lose if phone companies go for price parity: Experts
Mobile phones often cost Rs 2,000-3,000 less on e-commerce channels than in physical stores owing to exclusive deals with handset brands. Currently, e-commerce channels account for nearly 40% of overall sales of smartphones while bricks-and-mortar stores sell the bulk of handsets, according to data from TechArc Research.
ED summons Edelweiss COO in 'pulses price rigging' case
ED’s case stems from a report prepared by the Income Tax department which found instances of manipulation of chana contracts in the commodities market Edelweiss refused to comment on the development. The group had shut down its international commodities operations in 2016.
Stocks in the news: YES Bank, Bajaj Finance, ITI, TCS, DHFL and Tata Power
The RBI-appointed administrators of DHFL have invited bids from interested parties, which are keen to own the company’s assets.
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