Speaking to CNBC-TV18, Kapil Mehan, MD group CEO of Zuari Agro Chemicals says that the move will improve cash flows of companies.
Posts tagged MC
Govt’s mkt margin will ease cash flow for urea cos: Zuari (19-11-2015)
Nifty opens above 7850, Sensex up over 150 pts; Hero gains (19-11-2015)
Hero MotoCorp, Maruti, ICICI Bank, Bajaj Auto and Vedanta are top gainers in the Sensex. Among the losers are GAIL and MM.
Citi cuts Sensex target to 29300 for June 2016 on earnings (19-11-2015)
Aditya Narain, Citi revises Sensex target to 29,300 for June 2016 against 35,000 earlier and introduce a December 2016 target of 32,000, benchmarked off a 1-year forward P/E of 16x.
Rupee gains 19 paise, opens at 66.10 per dollar (19-11-2015)
The USD-INR is expected to trade today in a range of 66.10-66.35/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
Fed rate hike may drive more outflows from EMs: Rabobank (19-11-2015)
Michael Every of Rabobank believes a December rate hike is a done deal but the question remains on how aggressive will be their course of action through 2016.
Pharma cos eye Teva’s portfolio sale; IT, gas cos in focus (19-11-2015)
IT, pharmaceutical as well as gas companies like GAIL and IGL will be in focus in the trade today.
See gap up opening: ICICIdirect (19-11-2015)
According to ICICIdirect, the Nifty is likely to open gap up on the back of strong global cues.
See higher opening: Maximus Securities (19-11-2015)
According to Maximus Securities, trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 63 points at the opening bell.
Market to open higher: Maximus Securities (19-11-2015)
According to Maximus Securities, trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 63 points at the opening bell.
Stocks in news: Amtek Auto, Hero Moto, Religare, Intellect (19-11-2015)
Coal India | Hero Motocorp | Ramco Systems | Aurobindo Pharma | Adani Ports | Simbhaoli Sugar and Intellect Design are stocks, which are in the news today.