Moneycontrol News Archive

Suzlon Energy has target of Rs 85-90: Mohindar 

5th May, 2009 16:17

Rahul Mohindar of Viratechindia is of the view that Suzlon Energy has target of Rs 85-90. It makes and excellent opportunity to trade in today’s market.

Hold HDFC: Sharekhan

5th May, 2009 16:09

Sharekhan has maintained its hold rating on Housing Development Finance Corporation. HDFC reported a bottom line of Rs 733.4 crore for Q4FY2009, indicating 20% yea

Dhawan overweight on banking space 

5th May, 2009 15:51

Sajiv Dhawan of JV Capital Services is overweight on banking space. It is one sector which is moving nicely and lot of people who have missed out on the rally in t

Mkts end flat amid choppy trade; midcaps outperform

5th May, 2009 15:36

It was a lacklustre day for the markets, after Monday's sharp rally. Both the equity benchmarks saw some consolidation today. The markets were volatile throughout

Hold Tata Steel, says Mohindar 

5th May, 2009 15:27

Rahul Mohindar of Viratechindia is of the view that one can hold Tata Steel. One shouldn’t just rush in and buy the stock. If you are tempted at these levels, do w

Instanex FII Index down 0.64%

5th May, 2009 15:20

At 3 pm, the Instanex FII Index is down 0.64% at 267.75 (-1.09% at 2 pm) and the Instanex DII 15 portfolio is up 0.03% (-0.23% at 2 pm). Nifty is up 0.37% (-0.13%

Buy Gujarat Gas, target of Rs 320: KRChoksey

5th May, 2009 15:19

KRChoksey has reiterated a buy rating on Gujarat Gas Company with a price target of Rs 320. Gujarat Gas reported net sales of Rs 306.4 crore were lower than the ex

Obama bailout: Say no to Bangalore, yes to Buffalo

5th May, 2009 15:18

'Say no to Bangalore and yes to Buffalo,' seems to be the latest mantra of US President Barack Obama as he struggles to bring the ailing American economy back on t

No plans to raise capital in next six months: IndusInd Bank 

5th May, 2009 15:09

Romesh Sobti, Managing Director, IndusInd Bank, said the bank showed healthy growth for the fourth quarter as well as for the full year. The bank, Sobti said, had

European markets trading firm

5th May, 2009 15:07

At 3:02 pm (IST), European markets were trading firm. CAC 40 was up 0.64% or 20.75 points at 3,258.72. DAX was flat at 4,904.71. FTSE 100 rose 2.92% or 123.87 poin

HDIL gains further ground

5th May, 2009 14:57

HDIL touched an intraday high of Rs 174.70 and an intraday low of Rs 156.25. At 2:54 pm, the share was quoting at Rs 172.55, up Rs 15, or 9.52%. It was trading wit

Interest earned on RFC fixed deposit: taxable?

5th May, 2009 14:54

Who decides what's taxable? Tax incidence is decided by the Indian Income Tax Act and not FEMA, says expert Shanbhag.

Shree Renuka witnesses buying interest

5th May, 2009 14:51

Shree Renuka Sugars touched an intraday high of Rs 120 and an intraday low of Rs 107.30. At 2:48 pm, the share was quoting at Rs 116.95, up Rs 9.90, or 9.25%. It w

Reduce Ambuja Cements, target of Rs 76: KRChoksey

5th May, 2009 14:44

KRChoksey has recommended a reduce rating on Ambuja Cements with a target price of Rs 76. During the quarter, increase in Net Sales was a result of 5% increase in

Capex plan for FY10 at Rs 190 cr: Jain Irrigation

5th May, 2009 14:42

Jain Irrigation Systems has declared its forth quarter results. Its Q4 profit after tax (PAT) was at Rs 13.25 crore.