May 05, 2016 at 12:58 | Source: Moneycontrol.com
However, higher competition in Taro's products, re-inspection of Halol resulting in more observations which could delay earnings recovery from the Halol plant may pose threat to the company.
May 04, 2016 at 10:11 | Source: Moneycontrol.com
Most analysts are bullish on Parag Milk Foods IPO, open from May 4-6 and recommend subscribing the issue. With a price band of Rs 220-227 per share, the IPO aims to raise Rs 760 crore. The Maharashtra-based dairy company owns brands like Go, Gowardhan, Pride of Cows and Topp UP.
Apr 28, 2016 at 12:08 | Source: Moneycontrol.com
JP Morgan has an overweight rating on the stock with a target of Rs 925 per share stating that valuations are still reasonable despite the stock being up 25 percent year-to-date.
Apr 21, 2016 at 12:55 | Source: Moneycontrol.com
Morgan Stanley has downgraded the stock to underweight from equal-weight with a trimmed target of Rs 516 per share. It believes that Q1F17 guidance does not suggest any meaningful acceleration in core organic business and EBIT margin may face pressure.
Apr 20, 2016 at 12:13 | Source: Moneycontrol.com
CLSA says that stronger revenue, receding headwinds and improved commentary drive revenue and earnings upgrades of 1 percent.
Apr 18, 2016 at 11:57 | Source: Moneycontrol.com
Credit Suisse feels the stock may touch Rs 1450 per share stating it will remain a solid defensive stock for the time being.
Apr 12, 2016 at 12:52 | Source: Moneycontrol.com
Analysts feel that Tata Steels sale of the loss-making Scunthorpe plant in UK is positive though the fact that the plant was sold for just a nominal value and without transfer of pension liabilities dilutes benefits.
Mar 29, 2016 at 15:55 | Source: Moneycontrol.com
Sources say the fraud is not possible without the connivance of employees at the share transfer agents. Since the unclaimed shares are in physical form, the fraudsters need the specimen signatures of the original holder before they can send the shares for dematerialization.
Mar 19, 2016 at 13:27 | Source: Moneycontrol.com
Infibeam's IPO, the first in the e-commerce space, will have a lot riding on it. As an investor, you will do well to know what you are getting into.
Mar 16, 2016 at 10:04 | Source: Moneycontrol.com
The issue has already raised Rs 292 crore from 11 anchor investors, at higher end of price band of Rs 218 per share. Nearly one third of anchor investment is allotted to IFC (Rs 95 cr), while rest were bought by Sabre Partners, Citi, Sundaram MF, HDFC Std Life Insurance, Reliance Life, Chennai 2007.