The Indian economy is expected to pick-up from the December quarter, effects of which will start showing up in fiscal year 2017 earnings, says S Nagnath, President and CIO, DSP BlackRock Asset Management.
Posts tagged MC
Earnings to pick up in FY17; see near-term volatility: DSP (11-09-2015)
Coal imports rise 2% to 18.6 MT in August (11-09-2015)
“India’s coal imports rose 2 percent to 18.60 million tonnes in August 2015 (Provisional) from 18.24 MT in August 2014 (Revised),” CEO and MD of mjunction services Viresh Oberoi said in an e-mail reply.
Buy Bajaj Finance; target of Rs 5600: ICICIdirect (11-09-2015)
ICICIdirect is bullish on Bajaj Finance and has recommended buy rating on the stock with a target price of Rs 5600 in its research report dated September 10, 2015.
Amtek Auto jumps 70% on preferential allotment to promoters (11-09-2015)
“Allotment committee of board of directors, on September 10, has allotted 44,37,500 equity shares of face value of Rs 2 each at a premium of Rs167/-aggregating to Rs 74,99,37,500 to the promoters group companies by way of preferential allotment,” said the company in its filing to exchanges.
Buy Va Tech Wabag; target of Rs 850: Edelweiss (11-09-2015)
Edelweiss is bullish on Va Tech Wabag and has recommended buy rating on the stock with a target price of Rs 850, in its research report dated September 09, 2015.
Buy GSFC; target of Rs 96: SPA (11-09-2015)
SPA is bullish on Gujarat State Fertilizers Chemicals and has recommended buy rating on the stock with a target price of Rs 96 in its research report dated September 10, 2015.
Cochin Shipyard to build 4 ships for Andaman at Rs 1,400 cr (11-09-2015)
“The present government, after reviewing the situation, decided to acquire 2×1200 passenger capacity vessel for mainland island sector and 2×500 passenger capacity vessel for inter island sector under the ‘Make in India’ initiative,” a Shipping Ministry official told agency.
Buy Apollo Hospitals; target of Rs 1560: ICICIdirect (11-09-2015)
ICICIdirect.com has advised to buy Apollo Hospitals in a range of Rs 1340-1360 for the target price of Rs 1560 with a stop loss of Rs 1242, in its research report dated September 10, 2015
Buy Asian Paints, Bharat Forge, Vardhman Tex: ICICIdirect (11-09-2015)
The “Stocks on the Move� report identifies multiple actionable stock ideas with interesting chart patterns using various technical tools and parameters. Asian Paints, Bharat Forge and Vardhaman Textile are the stocks which are covered in the edition, says ICICIdirect.com
Oil supply tightening as prices plunge: IEA (11-09-2015)
The International Energy Agency (IEA) said a move by the world’s big oil exporters in OPEC, led by Saudi Arabia, to defend their market share “regardless of price” appeared to be working. The strategy was driving out costly, inefficient production from other parts of the world, it said.