Sources tell CNBC-TV18 that the company is planning to raise Rs 1,500 crore via IPO and is expected to file Draft Red Hearing Prospectus (DRHP) in the next quarter.
Posts tagged MC
Essel Infra to file for Rs 1,500 crore IPO: Sources (09-10-2015)
IT: Growth acceleration expected in 2Q, says RSec (09-10-2015)
Reliance Securities has come out with its preview report on IT sector. According to the research firm, sector revenue growth is expected to accelerate in 2Q which has also traditionally been the best quarter for the sector.
RSec advises buying Ultratech Cement in large cap stocks (09-10-2015)
Reliance Securities has maintained its “BUY” recommendation on Ultratech Cement in large cap space. Whereas, among mid-cap cement stocks has prefered J.K. Cement, JK Lakshmi Cement and Ramco Cements.
Infra Q2 preview – Order inflows strengthening: Religare (09-10-2015)
Religare has come out with its report on infrastructure sector. “Increased government spending, particularly on roads, bodes well for India’s infrastructure sector, but execution levels are likely to improve meaningfully only in H2FY16 as these projects are still in the early stages”, says the report.
TV ad growth to outperform other media: ICICIdirect (09-10-2015)
ICICIdirect.com has come out with its report on media sector. The research firm has maintained its REDUCE stance on Dish TV as its operating performance lags that of peers. “TV ad growth to outperform other media”, says the report.
Auto Q2 Preview- Good qtr marked by margin gains: Religare (09-10-2015)
According to Religare, Q2FY16 is likely to be a good quarter for the RCML auto universe, with AL (+550% YoY), Eicher (consolidated; 67%+ YoY) and MSIL (+52% YoY) set to report the strongest earnings growth. The research firm remained positive on MSIL, Eicher and AL as volume growth continues to be strong for these companies.
Buy EID Parry; target of Rs 170: ICICIdirect (09-10-2015)
ICICIdirect.com has advised to buy EID Parry in the range of Rs 128-134 for a target of Rs 170 with a stop loss below Rs 121, in its research report dated October 7, 2015.
Buy Granules India; target of Rs 168: ICICIdirect (09-10-2015)
ICICIdirect.com has advised to buy Granules India in the range of Rs 142-146 for a target of Rs 168 with a stop loss below Rs 133, in its research report dated October 7, 2015.
Patanjali can become No 2-3 FMCG firm in 1-2 years: Biyani (09-10-2015)
In an interview with CNBC-TV18, Kishore Biyani, CEO of Future Group said that the company’s aim is to offer superior quality products that fall in line with Patanjali’s vision.
Patanjali can become No 2-3 FMCG firm in 2-3 years: Biyani (09-10-2015)
In an interview with CNBC-TV18, Kishore Biyani, CEO of Future Group said that the company’s aim is to offer superior quality products that fall in line with Patanjali’s vision.