Angel Broking is bullish on Inox Wind and has recommended buy rating on the stock with a target of Rs 505 in its October 27, 2015 research report.
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Buy Inox Wind; target of Rs 505: Angel Broking (29-10-2015)
Buy Cholamandalam Invt and Fin; target of Rs 850: Religare (29-10-2015)
Religare is bullish on Cholamandalam Investment and Finance Company and has recommended buy rating on the stock with a target of Rs 850 in its October 29, 2015 research report.
Buy Mahindra Holidays; target of Rs 439: Edelweiss (29-10-2015)
Edelweiss is bullish on Mahindra Holidays and has recommended buy rating on the stock with a target of Rs 439 in its October 28, 2015 research report.
Accumulate Maruti Suzuki; target of Rs 4960:Angel Broking (29-10-2015)
Angel Broking bullish on Maruti Suzuki and has recommended accumulate rating on the stock with a target price of Rs 4960 in its research report dated October 28, 2015
Market may again become sell-on-rise in Nov series: Angel (29-10-2015)
The market bounce-back seen in the early part of the October series gave way to a consolidation in the latter part and Angel Broking’s derivatives specialist Siddharth Bhamre believes the trend has turned lower going into November.
Colgate Q2 net up 21%, tepid revenue on low volume growth (29-10-2015)
Volume growth was 3 percent in Q2 FY16 but margins saw a robust rise. Gross margins was at 140 basis points to 64.1 percent aided by lower input costs. Employee benefits expenses were down 15.6 percent at Rs 57.4 crore.
BPCL planning IPO of Bina refinery next year (29-10-2015)
India’s second-biggest state refiner, BPCL will hold 50 percent in Bharat Oman Refineries Ltd (BORL), which had built the unit, while Oman Oil Company will hold the remaining 26 percent. The IPO “is planned for next year,” Varadarajan told reporters here.
LPG subsidy almost wiped out due to fall in crude prices (29-10-2015)
The fall in crude prices have virtually wiped out the government’s LPG subsidy payments. In seven months the total compensation is under Rs 5,000 crore against a Budget estimate of Rs 22,000 crore for LPG.
NTPC Q2 profit zooms 40% on tax gain, other income halves (29-10-2015)
Other income during the quarter plunged 48 percent to Rs 275.4 crore compared to year-ago period. NTPC has received tax gain of Rs 729.7 crore for the quarter against gain of Rs 117.60 crore in corresponding quarter of last fiscal and Rs 427.8 crore in June quarter.
US Fed decision provides more space to emerging mkts: Das (29-10-2015)
“US Fed keeps rates unchanged. Emerging markets get more space. India better prepared to deal with Fed policy reversal when it comes,” Economic Affairs Secretary Shaktikanta Das tweeted.