Reiterating a buy rating, Bank of America Merill Lynch has increased target price by 2 percent to Rs 460 per share, hoping the company will benefit from continued ad growth. It has also increased FY17-18 earninsg per share (EPS) by 1 percent.
Posts tagged MC
Can Zee Entertainment continue to up ad revenue growth? (15-10-2015)
2G case: Court discharges ex-telecom secy, telcos; raps CBI (15-10-2015)
The Special 2G Court today discharged all the accused in the additional spectrum case of 2002 due to lack on incremental evidence.
HUL slumps 3% post Q2: How to trade it now? (15-10-2015)
CLSA retains sell rating on the stock with a target price of Rs 740 per share. It has revised FY16-18 earnings per share by 6 percent and tweaked revenue growth assumptions and also lower margins, particularly in soap and detergents.
Consumer cos to see tepid volume growth, Buy ITC: CIMB (15-10-2015)
ITC’s cigarette volumes is likely to become favourable in the second half of current fiscal
Sensex, Nifty continue to rise; Tata Motors up 5%, HUL dips (15-10-2015)
Tata Motors, GAIL, Maruti, Lupin and Hero MotoCorp are top gainers in the Sensex. Among the losers are HUL, Hindalco, Wipro, Cipla and Infosys.
BJP to discuss probability of parting ways with Sena today (15-10-2015)
The “probability of snapping ties” with the Shiv Sena would be discussed in a joint meeting of BJP ministers and party functionaries on Thursday, a top BJP leader has said.
LG begins Android 6.0 Marshmallow rollout with G4 (15-10-2015)
Beginning next week, the LG G4 users in Poland will start receiving the update followed by Europe, Asia, and the US.
Oil prices mixed in Asia as supply worries return (15-10-2015)
Weak economic data from the United States and China further confirmed the global economic slowdown this year and next projected by the World Bank and International Monetary Fund, likely denting oil demand.
Building 18 km road daily; Delhi bypass in 2 years: Gadkari (15-10-2015)
Within two years , we will get the bypass in Delhi, and that will solve the problem of traffic jam and pollution; 50 percent of traffic jam of Delhi we can solve, Road Transport minister Nitin Gadkari told CNBC-TV18
Good response for Baleno, could aid market share: Maruti (15-10-2015)
RS Kalsi, Executive Director-Marketing Sales, Maruti said the company is committed to double-digit growth in FY16.