Oct 21, 2016 at 11:31 | Source: Moneycontrol.com
Nomura reiterates buy on YES Bank with a target price of Rs 1510 per share. Retail momentum building plus asset quality performance better than peers
Oct 19, 2016 at 09:04 | Source: Moneycontrol.com
Morgan Stanley is equal-weight on ICICI Bank with target price at Rs 255 per share as credit cost estimates for next three years remain unchanged. It says stock surge post deleveraging of Essar group offsets some recent weakness and have assumed a total provisioning of over Rs 30000 crore in next three years.
Oct 18, 2016 at 15:44 | Source: CNBC-TV18
PNB Housing Finance, the subsidiary of Punjab National Bank, announced that its Rs 3,000-crore initial public offering will open for subscription on October 25. The price band is fixed at Rs 750-775 per share.
Oct 18, 2016 at 10:00 | Source: Moneycontrol.com
HDFC and HDFC Bank rebounded after yesterday's sell-off, up 1.9 percent and 0.4 percent, respectively. ICICI Bank extended rally, up 1.5 percent in addition to 7 percent upside in yesterday's trade, after while maintaining buy call, Nomura raised target price from Rs 285/share to Rs 325/share.
Oct 18, 2016 at 09:15 | Source: Moneycontrol.com
CLSA maintains outperform rating on UltraTech Cement and raised target price to Rs 4425 per share from Rs 3900 per share as Q2 results ahead of estimate. It says demand pick-up and better cement pricing are key potential earnings growth drivers.
Oct 14, 2016 at 08:48 | Source: Moneycontrol.com
Citi has a sell rating on TCS and slashed target price to Rs 2155 per share from Rs 2315 per share. It has also lowered FY17/18 EPS estimate by 1/2 percent. It says demand outlook remains challenged with multiple headwinds.
Oct 13, 2016 at 08:57 | Source: Moneycontrol.com
Here are 9 stocks that brokerage firms' are bullish on. Morgan Stanley is overweight on Tata Motors with target price of Rs 585 per share. It expects volume to pick-up on XF launch in china & strong new discovery sales.
Oct 06, 2016 at 14:26 | Source: PTI
The board of the bank at its meeting has approved a proposal for issue of 7.17 crore shares of Rs 10 each to Life Insurance Corporation of India (LIC) on a preferential basis at a price to be determined in accordance with Sebi regulation, UCO Bank said in a statement.
Oct 06, 2016 at 10:03 | Source: Moneycontrol.com
UCO Bank has now informed BSE that Board of directors of the Bank approved the proposal for issue of 7,17,00,000 equity shares of Rs.10/- each on preferential basis to Life Insurance Corporation of India at an issue price to be determined in accordance with SEBI ICDR Regulations, 2009.
Oct 04, 2016 at 12:56 | Source: PTI
"The Issue Committee of the Board at its meeting held on October 3, 2016 has allotted 12,02,15,633 equity shares of Rs 10 each at the issue price of Rs 37.10 per equity share to President of India (Government of India) on preferential basis, aggregating up to Rs 446 crore," Dena Bank said in a BSE filing.