It said that it expects competition for gNitrosat to remain limited and sees a few more limited competition launches in the near term.
In Q1, Kolte Patil saw decent revenue and profit growth but saw 800 bps hit in margins due to higher costs while cash flows and pre sales were also weak. In an interview to CNBC-TV18, Gopal Sarda, Group CEO of Kolte-Patil Developers spoke about the latest happenings in his company and sector.
The push for affordable housing continues with the government extending the interest subsidy on home loans under the affordable housing subvention scheme till March 2019. In an interview to CNBC-TV18, R Varadarajan, MD, Repco Home Finance spoke about the latest happenings in his company and sector.
The global firm said that Rs 884-crore Telangana order win will address order book concerns. It also believes that the management could be able to maintain its guidance of Rs 1,000 crore order wins from NHAI.
Prakash Gaba of prakashgaba.com feels that Ashok Leyland may slip to Rs 108.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Hindustan Unilever.
ICICI Direct expects US$ to find resistance at higher levels. Utilise upside in the pair to go short on the US$INR
Way2Wealth has come out with its report on currency. According to the research firm, one can sell USDINR target of 65.80 with a stop loss of 64.75.
Aarti Industries is one of the most competitive and a fully integrated Benzene derivatives specialty chemicals company
Nomura, in its report, stated that growth pressures on the stock continue to remain, while long-term headwinds remain intact.
Mitessh Thakkar of mitesshthakkar.com suggest buying Tata Global Beverage.
The company is expanding its capacity by 100 KTA and 7 KTA Diisopropyl Ether and it will take around 30 months for the said expansion.
Govind Shikhande, Customer Care Associate and MD, Shoppers Stop, expects a dramatic rise in business once the agreement with Amazon.in commences in 90 days.
IIFL observed that the stock has already priced in upside from big launches and valuations are also on the higher side.
Sudarshan Sukhani of s2analytics.com advises shorting Jet Airways and Punjab National Bank.
According to a report in The Times of India, Income Tax (I-T) Department has detected undisclosed income worth over Rs 650 crore linked to the group after raids.
Here is a list of stocks recommended by various experts which are likely to benefit the most from govt’s decision to introduce fiscal stimulus:
Chandan Taparia of Motilal Oswal Securities advises buying HCL Technologies.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell Canara Bank, PVR and RBL Bank.
The momentum indicator suggests a bearish sentiment among market participants with RSI at 47 slipping below its threshold.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Adani Ports and PC Jeweller.
According to Ashwani Gujral of ashwanigujral.com, one may buy TV Today Network and Bombay Burmah.
Watch the interview of Nischal Maheshwari of Edelweiss Securities with CNBC-TV18’s Latha Venkatesh, Anuj Singhal, and Surabhi Upadhyay, where he shared his readings and outlook on market fundamentals as well as specific stocks and sectors.
Watch the interview of Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba, Nischal Maheshwari, and Chandan Taparia with Latha Venkatesh, Anuj Singhal, and Surabhi Upadhyay on CNBC-TV18, in which they shared their readings and outlook on market technicals, fundamentals and F&O side of the market as well as specific stocks and sectors.