May 25, 2015 at 14:01 | Source: Moneycontrol.com
Citi maintains buy rating on the stock with a target price of Rs 415 per share. It says that SBI is building itself for upcycle which remains its big draw.
May 22, 2015 at 22:40 | Source: Moneycontrol.com
Assambrook has informed that the Board of Directors in its meeting held on May 16, 2015 has allotted 12 Iakh Equity Shares of Rs. 10/- each to Bank of India at a price of Rs. 25/- per Equity Share (including premium of Rs. 15/- per share) on preferential basis.
May 22, 2015 at 09:23 | Source: PTI
Sebi found that Gopalkrishanan C and V Karuppiah had allegedly traded in the scrip of Sabero Organic Gujarat on the basis of 'unpublished price sensitive information' (UPSI) in 2011 pertaining to the acquisition of shares of Sabero by Coromandel International.
May 21, 2015 at 12:50 | Source: Moneycontrol.com
Credit Suisse maintains underperfom rating with a lower target price of Rs 210 per share on the stock stating precipitous drop in Indian profitability is alarming.
May 20, 2015 at 15:51 | Source: PTI
The Economic Survey had projected a growth of 8.1 to 8.5 percent in the current financial year. "Multilateral institutions also share our growth optimism. IMF has projected a growth of 7.5 percent for 2015-16.
May 18, 2015 at 12:51 | Source: Moneycontrol.com
Credit Suisse has maintained underperform rating on the stock but increased target price to Rs 6450 per share.
May 15, 2015 at 10:11 | Source: Moneycontrol.com
JP Morgan has upgraded the stock to overweight with a target price of Rs 1800 per share. It has also raised FY16-17 earnings per share (EPS) estimates by 8-13 percent.
Apr 30, 2015 at 12:43 | Source: Moneycontrol.com
CLSA maintains a buy rating on the stock with a target price of Rs 640 per share, expecting earnings to grow at 21 percent CAGR over FY15-17 led by healthy topline. However, it was tad disappointed in the 14 percent current and savings account (CASA) growth that needs to improve to supported loan growth.
Apr 28, 2015 at 16:28 | Source: Moneycontrol.com
One of the biggest gainers of the day, ICICI Bank closed with 8 percent gains. Analysts are positive on the stock after it posted Q4 net profit up 10.2 percent year-on-year to Rs 2,922 crore. Calling it a 'relatively better performance' Kotak maintains a buy rating with a revised target price of Rs 400 per share.
Apr 28, 2015 at 10:02 | Source: Moneycontrol.com
Calling it a 'relatively better performance' Kotak maintains a buy rating with a revised target price of Rs 400 per share. It is positve on the private lender on steady shift to low-risk businesses such as retail, a strong current and savings account (CASA) franchise and improving return ratios.