Amtek Auto crashed 35 percent on heavy selling pressure. It lost more than 80 percent in calender year 2015, especially after reporting first time ever loss in June quarter and NSE’s decision to remove stock from FO segment with effect from November.
Posts tagged MC
Sensex rebounds 311 pts on short covering; Amtek sinks 35% (03-09-2015)
Buy RSWM; target of Rs 336: Firstcall (03-09-2015)
Brokerage house Firstcall Research is bullish on RSWM and has recommended buy rating on the stock with a target price of Rs 336 in its research report dated September 01, 2015.
Inflation debate: Who is right between CEA and RBI Guv? (03-09-2015)
The government’s two five-star economists Raghuram Rajan, of the Reserve Bank, and Chief Economic Advisor Arvind Subramanian, seem to be poles apart when it comes to their readings on inflation.
India an ‘oasis’ in volatile environment: Edelweiss Sec (03-09-2015)
Going forward from a 12-18 month perspective Nischal Maheshwari, Head of Institutional Equities at Edelweiss Securities expects a 12-15 percent upside for the market.
Macquarie sees 60% upside in ICICI Bank, retains outperform (03-09-2015)
“Growth continues to be led by retail loans, primarily mortgages, and should remain so near-to-medium term. Corporate credit remains lacklustre and to highly rated corporates (implying lower yields). Efficiency improvement remains a high priority and should see ICICI Bank sustain its profitability,” it explains.
Tata Sons in SC: Faces Rs 300-cr sales tax demand (03-09-2015)
This issues dates back to 1998, when Tata Sons entered into an agreement with group companies to allow these companies to use the trademark logo.
Corp bond private placement hits 4 mth high at Rs 46,000 cr (03-09-2015)
According to the Securities and Exchange Board of India (Sebi) data, companies garnered a total of Rs 46,564 crore from debt on a private placement basis in August, higher than Rs 27,920 crore raised in the preceding month.
CSO may have erred on Q1 GDP by nearly 1%: JP Morgan report (03-09-2015)
According to the JP Morgan report, the CSO could have inadvertently reduced the growth number because of deflating indirect taxes by more than what was correct
More Quantitative Easing (QE) to come from Draghi? (03-09-2015)
This time the culprit was not Greece but China, as it unexpectedly devalued its currency and pulled several about-faces on whether it was letting the yuan float freely and whether it was propping up blue chip stocks.
SEBI to retain 23 members from FMC (03-09-2015)
FMC comprises of total 41 permanent members. From this, 15 officials will join SEBI as permanent members and another eight will join for a term of two years.