Bharat Financial has a strong network across rural market in India and it will be a win-win if a bank like IndusInd is able to acquire it, says Digant Haria, Antique Stock Broking.
Kotak's preferred picks are ITC, Britannia Industries, Colgate Palmolive, GSK Consumer and Bajaj Corp.
Digant Haria of Antique Stock Broking says the NBFCs may face challenges for the coming 1-2 quarters. He is confident that the demand for white goods may make a comeback after a couple of quarters.
PNB Housing Finance debuted in the market today and is trading at around Rs 875 levels currently. Haria says he expects the stock value to touch Rs 900 in the next 6-12 months.
In an interview to CNBC-TV18, Digant Haria, AVP Research, Antique Stock Broking spoke about upcoming initial public offering (IPO) of PNB Housing Finance.
Antique Stock Broking is bullish on Yes Bank has recommended buy rating on the stock with a target price of Rs 1401 in its research report dated September 23, 2016.
The Rs 894-cr public issue of L&T Technology Services, the wholly owned subsidiary of engineering & construction giant L&T, has opened for subscription. The price band is fixed at Rs 850-860 per share.
Dhirendra Tiwari, Head of Research at Antique Stock Broking tells CNBC-TV18 he is unfazed by concerns of Brexit hurting the growth of Indian IT companies such as Infosys which have a presence in the UK.
Digant Haria of Antique Stock Broking says company will see a strong growth of 45-50 percent in FY17, but growth will taper off in FY18-19, he said.
Watch the interview of Basudeb Banerjee, AVP Research at Antique Stock Broking with Nigel D‘Souza and Sonia Shenoy on CNBC-TV18 in which he spoke about earnings in auto sector.
Given the attractive valuation and potential upside, the stock is quoting at reasonable level, says Digant Haria of Antique Stock Broking.
Dhirendra Tiwari of Antique Stock Broking believes eventually investment recovery will come through, though it has been delayed. Keeping that in mind, investors need to find stocks that will benefit from investment cycle recovery over the next two years
Antique Stock Broking has reiterated buy rating on the stock with a target price of Rs 509 per share (reduced from Rs 583 earlier), implying 61 percent upside.
Antique Stock Broking is bullish on MEP Infrastructure Developers and has recommended buy rating on the stock with a target price of Rs 70 , in its research report dated September 04, 2015.
Antique Stock Broking reiterated its buy rating on Hindustan Media Ventures (HMVL) with a target price of Rs 319 apiece, citing confidence of the company of reporting double-digit growth in advertising revenue in current financial year.
Indian technology companies are unlikely to bring any cheer to investors in the March quarter earnings season. According to Antique Stock Broking currency will impact growth of IT companies in Q4.
Amit Rustagi of Antique Stock Broking says there is no clarity on whether in FY16, the same ad-hoc mechanism will continue or whether the government will provide subsidy sharing clarity.
Hitesh Mahida is bullish on Cipla, Glenmark and Dr Reddy‘s Laboratories from the large cap pharma space and suggests caution on Lupin for now.
JV Adhia, VP Accounts & Finance, Atul Auto and Basudev Banerjee, AVP-Research, Antique Stock Broking spoke about the outlook on the auto space with Anuj Singhal and Latha Venkatesh on CNBC-TV18.
Basudeb Bannerjee, AVP-Research at Antique Stock Broking is of the view that one can invest in Atul Auto with a view of five years.
Basudeb Bannerjee, AVP-Research at Antique Stock Broking is positive on Eicher Motors and Tata Motors.
The Rs 12,160-crore Phase 3 expansion project for Mangalore Refinery and Petrochemicals Ltd (MRPL) has been completed today, MD H Kumar told CNBC-TV18 today.
Antique's Maheshwari says he will keep his positions light till the Budget and add to it subsequent to the event
Speaking from the sidelines of an investor conference held by Antique Stock Broking, KPIT Technologies senior VP and corporate finance head Anil K Patwardhan told CNBC-TV18‘s Anuj Singhal and Reema Tendulkar the company was confident of meeting the USD 498 million revenue forecast it had laid out earlier for the full fiscal year.
The midcap company suffered losses in the quarter gone by due to sharp fall in crude prices which led to a dip in PVC pipe prices.