Neither Ramesh Damani nor Madhu Kela — two very smart minds in Dalal Street — are not ready to give up on India. In fact they urge retail investors to look at entering the market now by carefully picking stocks for their portfolio.
Posts tagged MC
Mkt can rebound post Sep 17, don’t let go now: Damani, Kela (04-09-2015)
NBCC secures order of Rs 386cr; stock jumps 2% (04-09-2015)
Karvy Stock Broking has recommended a buy on the stock with a target price of Rs 1250, in its research report dated August 27, 2015.
Buy Tata Motors; Europe balancing China JLR slump: Choksey (04-09-2015)
According to media reports, the company will be launching two new cars named ‘Kite’ and ‘Pelican.’
‘New base rate computation method can hit banks’ profits’ (04-09-2015)
If the draft RBI guidelines are implemented in its current form, it may have a significant impact on profits of banks because return on assets (RoA) will fall by 20 basis points in fiscal year 2017, says Pawan Agrawal, chief analytical officer at Crisil Ratings
Cipla’s to pay for InvaGen, Exelan mostly through own funds (04-09-2015)
Cipla Global Chief Executive Officer Subhanu Saxena said both acquisitions would add to Cipla’s earnings from Day One, and that the acquisition would give the company a strong platform to accelerate growth in US.
Cipla to pay for InvaGen, Exelan mostly through own funds (04-09-2015)
Cipla Global Chief Executive Officer Subhanu Saxena said both acquisitions would add to Cipla’s earnings from Day One, and that the acquisition would give the company a strong platform to accelerate growth in US.
Glenmark up 2%; gets ANDA approval for Voriconazole tablets (04-09-2015)
According to IMS Health sales data for the 12 months period ending July 2015, the Vfend market achieved annual sales of approximately USD 91.4 million.
ONGC buys 15% in Russia’s Vankor oil field for $1.35 bn (04-09-2015)
ONGC Videsh Ltd, the overseas investment arm of the state explorer, signed agreements in Moscow to buy 15 per cent stake in the Vankor oil field in East Siberia, sources said.
Auto, pharma in focus; CLSA upgrades tech cos on INR fall (04-09-2015)
Indian equity market will take note of IT stocks- Wipro, Infosys, HCL Tech, TCS and Persistent on the back of CLSA’s rating upgrade.
ECB’s Draghi pledges more QE if needed (04-09-2015)
The ECB left its main refinancing rate at 0.05 percent at Thursday’s policy meeting. It also kept the rate on bank overnight deposits at -0.20 percent, meaning banks have to pay to keep funds at the central bank, and held its marginal lending facility – or emergency overnight borrowing facility for banks – at 0.30 percent.