Mitessh Thakkar of miteshthacker.com is of the view that one may buy PTC India, CRISIL, Gujarat Fluorochemicals and Britannia Industries and sell IndusInd Bank.
While incremental demand is seen doubling to 48 million tonne (MT) compared with the past three fiscals, incremental supply is seen moderating by a fifth to 31 MT from 39 MT. Demand is being supported by the government's focus on affordable housing and infrastructure, especially spending on roads, railways and urban development, it said in a report.
The rating agency has also reaffirmed 'A1+' rating for the company's short-term bank loan facilities, it said in a BSE filing.
Top mutual funds like Reliance Mutual Fund, HDFC Mutual Fund, Birla Sun Life Mutual Fund have exposure to IDBI Bank’s perpetual bond (AT-1)
Tata Steel | Golden Tobacco | JSW Steel | Edelweiss | Emami Paper | Shree Cement | Dishman Pharma | IRB Infra | Lupin | Umang Dairies | Future Enterprise | Ganesh Ecosphere and Capital First are stocks, which are in news today.
According to a Crisil report, new pure-play affordable home loan players have seen their assets under management jumping 50 per cent to Rs 23,000 crore as of March 2017, from Rs 15,000 crore in March 2016.
Prakash Gaba of prakashgaba.com is of the view that Blue Star can climb to Rs 715 while CRISIL may test Rs 1990.
Prakash Gaba of prakashgaba.com is of the view that CRISIL can climb to Rs 2000 and likes Fortis Healthcare.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9300 and resistance at 9414 while Bank Nifty has support at 22100 and resistance at 22500.
Edelweiss recommended hold rating on Crisil with a target price of Rs 2162 in its research report dated April 24, 2017.
Earlier this month, the Reserve Bank of India raised a secondary rate while holding the key repo rate steady to mop up excess liquidity from the government's demonetisation drive, making it the fourth meeting in a row it has surprised markets.
JP Morgan has initiated coverage on the stock with a neutral rating and CRISIL upgraded rating on bank facilities
Sugar prices are likely to remain firm in sugar season 2017 (SS2017) because closing inventory is expected to be at an 8-year-low following a fall in production in Maharashtra and Karnataka, Crisil Ratings report said.
CPI inflation is likely to average higher at 5 percent in the current fiscal on expectations of increasing pressure on food prices as well as uptick in global oil and commodity rates, says a Crisil report.
Though there is a fragile recovery in credit quality among the corporates, the stress in the banking system is expected to continue in fiscal 2018 and may top 10.6 per cent by March next, warns a report.
State owned Corporation Bank today issued Basel III compliant bonds to raise Rs 500 crore.
Shrugging off the effects of demonetisation, collections in securitised pools of vehicle loan receivables rated by Crisil saw a sharp recovery in January, going by payouts made in February.
According to a report formulated by Crisil chief economist Dharmadikari Joshi and his team, "The main reason for the faster growth in manufacturing GDP is that growth in the value of inputs used for production has been slower than the value of the final output."
On an average, the CPI inflation will be at 4.5 percent in 2017, said Indranil Pan, Chief Economist at IDFC Bank. He sees CPI inflation cross 4 percent in March.
Credit quality of corporates is showing signs of gradual recovery driven by firm commodity prices, stable macros and lower interest costs, which will help boost their revenue growth to a five-year high of 8-9 per cent in fiscal 2018, rating agency Crisil said today.
Marking a strong revival, domestic tractor sales are likely to record 16-18 percent growth for the current fiscal owing to a monsoon-led surge in demand that was enough to offset the impact of demonetisation in the latter half of the year, says a report.
In a panel discussion on CNBC-TV18, Pronab Sen, Former Chief Statistician of India said that formal sector data is used as a proxy to estimate the informal sector data, hence even though the informal sector was hit harder due to demonetisation the numbers don't seem to reflect it.
Centrum recommended hold rating on CRISIL with a target price of Rs 2160 in its research report dated February 18, 2017.
The voluntary vehicle modernisation programme (V-VMP) or the scrappage programme announced by the transport ministry can boost commercial vehicle (CV) sales by a cumulative 65 percent between fiscals 2018 and 2020, over (over sales in fiscal 2016, says report.