Asian Paints, Axis Bank and Havells India, among others, are on investors’ radar on Tuesday.
Venerable Advertising sold 1,34,043 shares of Lux Industries at Rs 1,521.84.
Prusik Umbrella UCITS Fund PLC bought 58,25,000 shares of IRB InvIT
Reliance Capital Trustee Co Limited A/C Reliance Growth Fund bought 12,11,050 shares of Indoco Remedies.
DSP Blackrock Mutual Fund bought 4,26,281 shares of 8K Miles Software Services at Rs 748.
Ashwani Gujral of ashwanigujral.com recommends buying Yes Bank with a stop loss of Rs 350, target of Rs 375 and BHEL with a stop loss of Rs 104, target of Rs 114.
Axis Bank | Tinplate | Rallis | Sasken Tech | Asian Paints | Just Dial | IOC | Kalptaru Power Transmission and Bajaj Corp are stocks which are in news today.
Indian ADRs ended mixed on Monday. Tata Motors was down 0.66 percent and Infosys rose 1.67 percent.
Prabhudas Lilladher recommended accumulate rating on Ultratech Cement with a target price of Rs 4900 in its research report dated January 22, 2018.
Prabhudas Lilladher is bullish on Jindal Steel and Power has recommended buy rating on the stock with a target price of Rs 360 in its research report dated January 22, 2018.
Going forward extremely bullish on pellet prices and the demand for pellet, said BL Agrawal, MD, Godawari Power & Ispat.
Panacea Biotec in focus as the company has collaborated with Serum Institute of India for a new hexavalent vaccine for infants. In an interview with CNBC-TV18, Rajesh Jain, Joint Managing Director of the company discussed about the same.
Mitessh Thakkar of miteshthacker.com suggests buying Reliance Industries, Majesco, BHEL and Godrej Industries.
Ashwani Gujral of ashwanigujral.com recommends buying United Breweries, Sonata Software, Capital First, Kolte Patil Developers, BHEL and Godrej Industries.
The private life insurance company continued to improve on its leadership in protection business. It gained share in FY18 after a loss in share in FY17.
Dwarikesh Sugar Industries posted a weak set of earnings in Q3 as the sugar business posted a loss but the co-gen business was stable. In an interview with CNBC-TV18, Vijay Banka, Wholetime Director and CFO, Dwarikesh Sugar Industries spoke about the results and his outlook for the company.
Prakash Gaba of prakashgaba.com suggests buying Pidilite Industries and Zensar Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, ICICI Prudential and Godrej Properties.
Overall, each business had a better performance in terms of volumes, said Ajay S Shriram, CMD, DCM Shriram.
According to Sushil Finance, Gold prices rose slightly on Friday as the U.S. dollar hovered near a three - year low on heightened fears of a U.S. government shutdown, but the precious metal was still on track for its first weekly drop in six weeks.
Hindustan Oil Exploration Company (HOEC) posted a good set of earnings in Q3 with strong revenue and margin growth. Production from Assam added to revenues and bottomline. In an interview with CNBC-TV18, P Elango, MD of HOEC spoke about the results and his outlook for the company.
Deutsche Bank has maintained a buy on ITC with a target of Rs 350 while Credit Suisse has a neutral rating on the stock with a target of Rs 320.
While maintaining Buy rating with increased target price at Rs 500 (from Rs 490), Deutsche Bank said ICICI Pru is better placed to benefit from sector tailwinds.
HPCL's marketing network can not only be used to market MRPL products but also that of ONGC Petro additions Limited (OPaL), said Shashi Shanker, CMD, ONGC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sobha and Coffee Day and can sell Chennai Petroleum Corporation.