Motilal Osawal is bullish on Aarti Industries and has recommended buy rating on the stock with a target price of Rs 630 in its research report dated September 30, 2015.
Posts tagged MC
Buy Aarti Industries; target of Rs 630: Motilal Osawal (30-09-2015)
Natl dispute redressal comm issues notices to Nestle, govt (30-09-2015)
Nestle is embroiled in a government class action suit seeking damages to the extent of Rs 640 crore from the company on account of misrepresentation to customers and potential damage caused.
Positive European cues lift Sensex, Nifty, Midcap 1% (30-09-2015)
France’s CAC and Germany’s DAX gained 2 percent each followed by Britain’s FTSE with 1.7 percent upside on a positive lead from Asia and Wall Street.
7/11 Train blast: 5 sentenced to death, 7 gets life term (30-09-2015)
Seven other convicts have been sentenced to life. The seven convicts are Tanvir Ahmed Ansari (37), Mohammad Majid Shafi (32), Shaikh Alam Shaikh (41), Mohd Sajid Ansari (34), Muzzammil Shaikh (27), Soheil Mehmood Shaikh (43), Zamir Ahmad Shaikh (36).
NBFCs look expensive; like IT, auto, hospitality: Quantum (30-09-2015)
IV Subramaniam, MD and CIO at Quantum Advisors is bullish on sectors such as IT, automobile, consumer discretionary and hospitality. He also feels valuations are attractive in the energy sector. But, according to him, NBFCs still look expensive
Nippon Life to hike stake in Rel Life, Rel MF: Anil Ambani (30-09-2015)
In Reliance Life, Nippon plans to hike the stake from 26 percent to 49 percent, while it would increase its holding in Reliance Capital Asset Management Company from 35 percent to 49 percent.
Rs 5,000 cr for green cover on National Highways: Gadkari (30-09-2015)
Under this policy, the government has made it mandatory to set aside one percent of the total project cost of any highways contract to a “Green Fund” corpus for plantation.
Godrej Prop sells its BKC project for Rs 1,479cr to Abbott (30-09-2015)
The project was being developed for Jet Airways on a 50:50 profit-sharing agreement.
Relief for Castleton; SC says MAT not applicable on co (30-09-2015)
The Supreme Court in its order said the Castleton matter is now laid to rest as the government has agreed to abide by the MAT circular. Post this, no dispute remains in the Castleton case, the apex court said.
Rate cut good, but stock market to react with a lag:Brokers (30-09-2015)
Given the above-average 1 year forward Sensex PE multiple of 15 times and expected 5-10 percent earnings downgrades to consensus numbers, the impact of the current round of cuts might be lower than historical patterns, feels broking firm Bank of America Merrill Lynch