Jefferies Upgrade Ambuja to Buy, TP Rs 620 Retain Buy on ACC, TP Rs 3030 Group synergy benefits should start coming in from Dec-22 qtr & accelerate over next 1-3 yrs Raise consol EBITDA est for Ambuja by 20%/30% for FY24/FY25 on higher vols & EBITDA/T assumption

What is happening within the entire banking space because it is not only the frontline names that are taking leadership but across the board, we have seen quite a bit of fervour within this space. Do you believe that investors should look to diversify across the board – be it midcap names, NBFCs, insurance etc. […]

“Rakesh Jhunjhunwala could trade and had a trader’s mindset; he could be an investor and had an investor’s mindset and he could get a phone call from a private equity investor and handle something. So he excelled in all three areas. Though he was best known as an investor, he proudly said he was a […]

Shares of the plywoods manufacturing company Duroply Industries (BO:) jumped 5% to Rs 182.5 apiece on Thursday, after ace investor Porinju Veliyath and his wife raised their shareholdings in the company. The marquee investor and fund manager Porinju Veliyath and his wife Litty Thomas picked a total of 1.58 lakh additional equity shares of Duroply […]

Pondy Oxides a multibagger stock The stock has been consistently hitting 52-week highs one after another. In the past one week alone, the chemical stock surged over 40% on the BSE. A quick look at the Pondy Oxides share price history shows that the counter has yielded nearly 100% return or doubled in the past […]

Drugmakers to gain or lose the most from revisions in the essential medicines list Recent changes to the National List of Essential Drugs — a list of drugs whose prices are regulated by the government to ensure affordability — are likely to impact certain drugmakers. According to Anand Rathi, the impact will be visible in […]

#BDL #daily #charts 1- ascending #triangle #pattern 2- #rsi about to breakout 3- bullish #macd crossover #volumes picking up. can witness strong upside. negated below 850 close!! #nifty #nse #bse #midcap #stocks #GB #BDL #daily #charts 1- ascending #triangle #pattern 2- #rsi about to breakout3- bullish #macd crossover#volumes picking up.can witness strong upside. negated below […]

Actor Ajay Devgan enters multiplex space with NY Cinemas Will open a 4 screen multiplex in Ahmedabad NY Cinemas as 19 screens already, targets 250 screens in next 5 years NY cinemas named after his kids – Nysa & Yug!

Kotak Inst Eqt on NMDC Upgrade to ADD, TP Rs 140 NMDC has cut iron ore prices, too aggressively, 40% in past three months post increase in export duty, to export parity level Believe domestic prices have bottomed out & should recover with demand from 2HFY23E Kotak Inst Eqt on NMDC Upgrade to ADD, TP […]

CLSA on Asian Paints (management meet takeaways) Under Perform, TP Rs 3420 Demand setting remains firm Margin recovery likely, long-run guidance maintained at 18-20% Ebitda margin Endeavour ahead is to drive contribution from home decor from 3% to 10% over next 10 yrs