Moneycontrol News Archive
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Hold HDFC Bank, target of Rs 1250: KRChoksey
11th May, 2009 19:32
KRChoksey has maintained its hold rating on HDFC Bank with a target price of Rs 1250. HDFC Bank's net interest income was slightly lower than expectations at Rs 1,
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Datacom caught in ownership imbroglio 
11th May, 2009 19:15
Datacom is caught in a controversy over its ownership structure with Lok Sabha MP Ajay Chakraborty writing to Prime Minister Dr Manmohan Singh alleging that the co
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Buy Venus Remedies, target of Rs 275: Emkay
11th May, 2009 18:54
Emkay Global Financial Services has maintained its buy rating on Venus Remedies with a target price of Rs 275. Venus reported a muted growth of 1% in revenues duri
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Hold SBI, target of Rs 1,350: KRChoksey
11th May, 2009 17:58
KRChoksey has maintained its hold rating on State Bank of India with a target price of Rs 1,350. State Bank of India's net profit came in better than expected at R
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Rupee has support at 48.90-49/$: Commtrendz
11th May, 2009 17:25
According to Commtrendz Research's report on Indian Rupee, immediate supports are at 48.90-49 followed by 48.50-48.60. Immediate resistance falls around 49.70-49.8
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Sell Peninsula Land, target of Rs 36: IIFL
11th May, 2009 17:11
IIFL has maintained its sell rating on Peninsula Land with a price target of Rs 36. Peninsula reported 4QFY09 revenues and PAT ahead of the estimates.
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HUL Jan-Mar qtr exports down by 44%
11th May, 2009 16:56
Hindustan Unilever (HUL) has announced its numbers for the quarter ended January-March 2009. Its net profit increased 3.7% to Rs 394.99 crore from Rs 380.9 crore.
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Buy Indian Bank, target of Rs 120: Bonanza
11th May, 2009 16:48
Bonanza has recommended a buy rating on Indian Bank with a price target of Rs 120. Its deposits have grown at CAGR of 19% from Rs 303 billion in FY 04 to Rs 726 bi
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MFs net buy Rs 27.20 cr in equities on May '08
11th May, 2009 20:57
On May 08, 2009, Mutual Funds (MFs) were net buyers to the tune of Rs 27.20 crore in equities. They made gross purchase of Rs 187.90 crore and gross sales of Rs 16
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US markets open lower; Dow down 116 points
11th May, 2009 19:11
At 19.06 hrs (IST)- The US markets opened lower. The Dow Jones Industrial Average was down 116.37 points, or 1.36%, to 8,458.28. The Nasdaq was down 25.80 points,
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See gold between $902-935/oz range: Commtrendz
11th May, 2009 17:39
T Gnanasekar, Director of Commtrendz Research & Fund Management sees gold being rangebound between USD 902 per ounce and USD 935 per ounce. He said there has not b
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Buy Tata Elxsi, target of Rs 145: Bonanza
11th May, 2009 17:35
Bonanza has recommended a buy rating on Tata Elxsi with a price target of Rs 145. Tata Elxsi has shown marginal growth in FY09. In FY10 it is expected to deliver a
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Instanex FII Index down 1.50%
11th May, 2009 17:22
At close, the Instanex DII 15 portfolio was down 1.67% (-1.86% at 3 pm) and the Instanex FII Index was down 1.50% at 256.96 (-1.74% at 3 pm). Nifty was down 1.83%
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Skindia GDR Index up 1.08% to 1585.43
11th May, 2009 16:55
The Skindia GDR Index was up 1.08% to 1585.43 at 3:30 pm IST over the previous day’s 3:30 pm IST Index. The Top DR gainers were: Mahindra (42.14%), ICICI Bank (4.9
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Dabur vs HUL: Which FMCG co performed better?
11th May, 2009 16:45
Dabur, the segments of consumer care and health have seen growth upwards of 20% or 15%. HUL’s segments haven’t done so well because the personal product segment gr
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Buy Hindustan Unilever, target of Rs 288: IIFL
11th May, 2009 16:29
IIFL has maintained its buy rating on Hindustan Unilever with a price target of Rs 288. HUL’s FMCG sales growth of 12% in the March quarter was in line with the es
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