Oct 09, 2015 at 14:45 | Source: Moneycontrol.com
"Companies like Jaiprakash Associates, GMR Infrastructure, Lanco Infratech, among others, which are by and large fully bankrupt companies, are the star leaders in this run up to this thing. It tells you what the quality of this rally is going to be," says Ajay Srivastava, CEO of Dimensions Consulting
Oct 09, 2015 at 14:10 | Source: CNBC-TV18
With further reduction in rates in the future, a turnaround is likely to take place starting the second half of calendar year 2016, a BofAML report states
Oct 08, 2015 at 15:07 | Source: Moneycontrol.com
According to Angel Broking the MHCV segment growth rose to a robust 64 percent in September.
Oct 08, 2015 at 14:38 | Source: Moneycontrol.com
While retaining his Sensex fair value target of 28000 by March, Saurabh Mukherjea, CEO of institutional equities at Ambit Capital, cautioned that the index slipping to 22000 is a distinct possibility.
Oct 08, 2015 at 13:41 | Source: Moneycontrol.com
The company which operates popular coffee brand Caf Coffee Day plans to raise Rs 1150 crore through IPO which will open on October 14 and close on October 16. It has fixed a price band of Rs 316-328 for the share sale. The stock is likely to be listed on bourses by November 2.
Oct 07, 2015 at 14:00 | Source: Moneycontrol.com
In an agrarian economy like India, the failure to anticipate a crisis of this nature can create a mayhem in the markets
Oct 07, 2015 at 08:27 | Source: Moneycontrol.com
Maruti remains to be top pick of UBS, stating that there is no risk of capital misallocations but only a difference in timing of cashflow. Maruti disclosed the Contract Manufacturing Agreement (CMA) it is entering into with Suzuki Motor Gujarat (SMG the Gujarat plant which will be set up by Suzuki Motor Corporation).
Oct 06, 2015 at 16:12 | Source: Moneycontrol.com
The RBI has cut rates by 125 bps since January 2015, but banks have cut one year deposit rates by an average 130 bps. Interestingly, lending rates have fallen by a meagre 50 bps, which includes the base rate cuts announced by most banks post September 29 policy.
Oct 06, 2015 at 15:38 | Source: Moneycontrol.com
Despite consumer demand continuing to remain slow, especially in the rural markets, HUL management reaffirmed its guidance of maintaining competitive volume growth and modest improvement in margins
Oct 06, 2015 at 11:48 | Source: Moneycontrol.com
The impact of the steel sector has been such that the stock of stalled projects increased after falling for five quarters.