GEPL Capital is bullish on Greenply Industries and has recommended buy rating on the stock with a target price of Rs 1070, in its research report dated September 29, 2015.
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Buy Greenply Industries; target of Rs 1070: GEPL Capital (29-09-2015)
Buy Alembic Pharma; target Rs 790: ICICIdirect (29-09-2015)
ICICIdirect.com is bullish on Alembic Pharma and has recommended buy rating on the stock with a target price of Rs 790, in its research report dated September 28, 2015.
Buy Reliance Industries; target of Rs 1270: Edelweiss (29-09-2015)
Edelweiss is bullish on Reliance Industries and has recommended buy rating on the stock with a target price of Rs 1270, in its research report dated September 24, 2015.
Hold Alembic Pharma; target of Rs 700: KRChoksey (29-09-2015)
Brokerage house KRChoksey has recommended a hold rating on Alembic Pharmaceuticals with a target price of Rs 700 per share in its research report dated September 28, 2015.
Auto- In PVs, demand momentum to remain strong: Motilal (29-09-2015)
Motilal has come out with its report on automobile sector.The research firm believes that, In PVs, demand momentum to remain strong, with increase in number of enquiries (on back of new launches and festive season) leading to higher sales.
Rate cut lifts Sensex 162pts, Nifty above 7800; metals melt (29-09-2015)
Today’s late volatility (despite RBI cuts repo rate by 50 basis points to boost economy) indicated that investors may want to book profits on every rally amid global growth concerns, say experts, who expect economy recovery in next calendar year.
Zee to launch new channel for French audiences in Africa (29-09-2015)
“Zee Magic is a completely customised general entertainment channel for French audiences in Africa, showcasing French dubbed Indian movies, series, food and reality shows,” the company said in a statement on Tuesday. The channel will be available on the Canal Plus Overseas platform from October 1.
PepperTap raises $36 mn from Snapdeal, others (29-09-2015)
The funding will be used to expand PepperTap’s presence to 75 cities from the current 18 cities, customer and talent acquisition, PepperTap Co-Founder and CEO Navneet Singh told reporters here.
SBI cuts base rate by 40 bps to 9.3%, effective Oct 5 (29-09-2015)
The country’s largest state-run lender, State Bank of India, has cut its base rate by 40 basis points, or 0.4 percent, to 9.3 percent, effective October 5, Chairperson Arundhati Bhattacharya told CNBC-TV18.
Rate cut to drive growth, banks must follow suit: India Inc (29-09-2015)
“Today’s action by the RBI has removed considerable uncertainty with regard to the direction of borrowing costs faced by industry. The corporate sector will now be in a better position to drive a recovery in investment and growth.”