LT Foods reported a strong quarter with improvement in margins. In an interview with CNBC-TV18, Ashwani Kumar Arora, MD & CEO of the company spoke about the results and his outlook for the company.
ICICI Direct is bullish on Greenply Industries has recommended buy rating on the stock with a target price of Rs 360 in its research report dated November 09, 2017.
Axis Direct is bullish on Natco Pharma has recommended buy rating on the stock with a target price of Rs 1150 in its research report dated November 09, 2017.
Axis Direct is bullish on Tata Power has recommended buy rating on the stock with a target price of Rs 95 in its research report dated November 09, 2017.
“At the beginning of this fiscal year, what we had guided was that we should have about 10 percent topline growth. We are looking pretty good for that. We should exceed the 10 percent on the topline," Vikas Rathee, Group CFO of Prime Focus told CNBC-TV18.
Raw material were at all-time low in Q1 and Q2 and slow uptick is seen in raw material prices. So margins may drop going ahead. There could be a slight contraction in margins, Ramakanth V Akula, CEO of Waterbase told CNBC-TV18.
According to Shahina Mukadam, Independent Market Expert, one may hold Nestle India.
Shahina Mukadam, Independent Market Expert is of the view that one may stay invested in India Cements.
Sandeep Wagle of powermywealth.com is of the view that one may hold India Cements.
Sandeep Wagle of powermywealth.com advises exiting Aditya Birla Fashion on rise.
The focus was on widening the customer base and capturing larger market post-GST, said Anurag Mantri, Group CFO, Jindal Stainless.
Sandeep Wagle of powermywealth.com is of the view that one can buy M&M Financial Services and sell Bata India.
According to Shahina Mukadam, Independent Market Expert, one may hold Bank of Baroda.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Ajanta Pharma and Andhra Bank and can sell GMR Infrastructure and Bharat Financial Inclusion.
Dena Bank, Lupin, Reliance Communications, Reliance Infra, Reliance Power and Sakthi Sugars were some of the stocks hit new 52-week low in the afternoon trade.
Revenue in Q2 increased sharply by 53.5 percent to Rs 349.6 crore, from Rs 228.1 crore in corresponding quarter.
Expect to receive subsidy worth Rs 150 crore in H2FY18, which will go towards the repayment of debt, Sanjay Gupta, CEO of Star Cement told CNBC-TV18.
The company would pass on the benefits of the GST rate cuts to consumers as applicable, although exact quantum is being worked out, said Adi Godrej, Chairman, Godrej Group.
Shakti Pumps has posted 35 percent decline in its Q2 net profit at Rs 3 crore against Rs 4.65 crore in the same quarter last year.
Fortis is a controlling unit holder with an indirect interest of 29.76 percent in RHT.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon and Adani Ports and can hold Eicher Motors while one can sell Bajaj Finance and ONGC.
Kajaria Ceramics have cut prices by about 9-10 percent with effect from today, Ashok Kajaria, CMD of the company told CNBC-TV18.
39 stocks hit new 52-week high on NSE including Jubilant Foodworks, Balkrishna Industries, Jet Airways, Minda Industries Voltas, etc while Lupin, Reliance Communications and Sakthi Sugars were some of the stocks hit new 52-week low in the afternoon trade.
Sudip Bandhopadhyay, Market Expert expects 20 percent upside in Navneet Education and 15 percent in Ramco Cements.
Prakash Diwan of prakashdiwan.in recommends buying Petronet LNG.