It is strategy at IDFC Securities to focus on earnings growth stories going forward, says Anish Damania, CEO, IDFC Securities, adding that the house is very bullish on the oil marketing companies from that perspective.
Posts tagged MC
See uptick in H2 earnings; Nifty at 9250 in 1-yr: IDFC Sec (17-11-2015)
Focus on film, digital biz; to add new shows in Q4: Balaji (17-11-2015)
Speaking to CNBC-TV18, Ekta Kapoor, Joint MD of Balaji Telefilms said that the production house will add two new television shows in the next quarter.
`Draft hydrocarbon policy to help GAIL, GSPL;hit Petro LNG’ (17-11-2015)
The government has issued a new draft hydrocarbon policy under which blocks will be awarded on the basis of a simpler revenue-sharing model versus the earlier profit-sharing model.
Infosys shares fall 2% on margin warning for H2FY16 (17-11-2015)
In a conference call on Monday, Infosys says weaker margin will mainly be due to lower spending by the company’s top clients on account of the festive season
Sensex marginally higher; ITC leads again, Infosys drags (17-11-2015)
ITC continued to top contributor to Sensex’s gains, up 2 percent. Vedanta, Hindalco, GAIL, BHEL and Sun Pharma rallied 1.5-3 percent.
APEC Summit: GE makes India jobs, AIA turns accelerator (17-11-2015)
Announced earlier this month, GE will supply India with 1,000 diesel locomotives and invest USD 200 million to construct a manufacturing facility in the eastern state of Bihar, which is expected to be completed by 2018.
Sensex up over 100 pts, Nifty eyes 7850; ICICI, SBI lead (17-11-2015)
ICICI Bank, Vedanta, SBI, LT, BHEL, Idea Cellular, Cairn India and Tata Power were early gainers, up around a percent each. Dr Reddy’s Labs, Bharti Airtel, GAIL, Hero Motocorp, Infosys and HCL Technologies were losers.
BSE to discontinue restricted trade facility in 18 cos (17-11-2015)
The move comes after the exchange, in April, had suspended these companies due to non-compliance of provisions of listing agreement. However, these firms were allowed to trade in restricted segment, or Z group, only on the first trading day of every week for six months.
HPCL, IOC, APSEZ to benefit most from rupee fall: Fitch (17-11-2015)
The report highlights those Indian corporates whose financial profiles could strengthen or weaken if the rupee were to depreciate by 15 percent and 30 percent.
‘Policy on cane prices, export quota to help sugar prices’ (17-11-2015)
The likely decision by the government on cane prices and compulsory export quota for sugar would help sugar prices to move upwards is the word coming in from Narendra Murkumbi, Vice Chairman and Managing Director, Shree Renuka Sugars