Bajaj Auto | Laurus Labs | M&M | Bhushan Steel | SPARC | Deccan Cement are stocks, which are in news today.
Ashwani Gujral of ashwanigujral.com recommends buying Bhushan Steel, India Cements, HDIL, Can Fin Homes and Bajaj Finserv.
Ashwani Gujral of ashwanigujral.com is of the view that Bhushan Steel can move 10-15 percent higher while Escorts may test Rs 650.
"The company is in discussion with banks for arriving at long-term solutions for the debt but nothing is finalised so far. There is no other discussion being done with any other bank for refinancing," Bhushan Steel said in a filing to BSE.
According to government sources NPAs in steel sector will be resolved first post the Ordinance that was signed last week.
Ashwani Gujral of ashwanigujral.com
Ashwani Gujral of ashwanigujral.com suggests buying SREI Infra, Syndicate Bank and Bhushan Steel.
The company has expressed interest in acquiring some of the stressed steel-makers, but there has not been much progress on that as banks appear not keen to take a haircut.
While the company is looking at making acquisitions to take its steel capacity to the targeted 40 MT, it wants to keep a tight control over key financial ratios.
While JSW Steel is looking at increasing its capacity to 40 MT over the next decade, company’s Joint MD and Group CFO Seshagiri Rao tells Moneycontrol that he doesn’t expect inorganic growth to contribute to its expansion plans.
Bankers to Bhushan Steel told CNBC-TV18 the company may not qualify for the Reserve Bank of India's Scheme for Sustainable Structuring of Stressed Assets (S4A).
There are many Indian companies that have very high level of indebtedness. However, if the resolution doesn’t impact the banking system as a whole, these companies are unlikely to deserve significant attention.
In an interview to Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, SP Tulsian of sptulsian.com shared his views on the fundamentals of the market and the outlook going forward. He also spoke about specific stocks and sectors.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
According to Ashwani Gujral of ashwanigujral.com, one can buy LIC Housing Finance, Manappuram Finance and Infosys.
Sources told CNBC-TV18 that Vedanta was in talks with lenders to buy the company as it was keen to enter the steel sector. It may compete with JSW Steel.
The Steel Ministry has asked the Steel Authority of India (SAIL) to evaluate taking over Monnet Ispat, sources close to the development told CNBC-TV18.
Mitessh Thakkar of miteshthacker.com suggests buying OBC, REC, Colgate Palmolive, Pidilite Industries and Bhushan Steel.
Sajjan Jindal-led JSW Steel today said it is evaluating various opportunities for acquisitions to achieve the company's target of becoming 40 million tonnes steel player.
Idea Cellular | Maruti Suzuki | ICICI Bank | Dabur India | Dilip Buildcon | Pioneer Distilleries | IL&FS Transportation | Thyrocare | NMDC | SAIL | Emami | Bajaj Finserv | Dish TV | Dalmia Bharat Sugar | Emkay Global | Alankit | Indraprastha Medical and Motilal Oswal are stocks, which are in the news today.
After the arrest of IDBI official in relation to the Kingfisher Airline case, bankers are likely to put on hold all loan resolutions till bankruptcy courts and certain schemes are put in place, sources told CNBC-TV18.
To check excessive volatility, stock exchange BSE today revised the circuit limit for share movement of Bhushan Steel and seven others.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on.
Some of the stocks that should be on your radar are: Vedanta, Titan Company, JSW Steel, Tata Steel, Bhushan Steel, Steel Authority of India, MOIL, Tata Motors, Dabur India, Coal India, GNA Axles, Majesco.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his view on steel companies like JSW, Bhushan and Uttam Galva after an anti-dumping duty was proposed today on coated steel. He also shares his outlook on cement major ACC after the company posted disappointing third quarter earnings.