PPFAS Mutual Fund is sitting on cash, cash equivalents, money market, arbitrage positions which amount to about 16% of the portfolio.
Ashwani Gujral of ashwanigujral.com advises buying Gujarat Gas, Mcleod Russel (India) and Sun Pharmaceutical Industries.
ICICI Direct recommended hold rating on Gujarat Gas with a target price of Rs 555 in its research report dated February 09, 2017.
Edelweiss is bullish on Gujarat Gas has recommended buy rating on the stock with a target price of Rs 699 in its research report dated February 06, 2017.
Indian markets celebrated Finance Minister Arun Jaitley‘s Budget with both Sensex and Nifty closing with a gain of around 1.8 percent as they celebrated no introduction of long term capital gain (LTCG) on equity stocks and keeping the service tax unchanged. Below is an analysis of how the Budget impact various sectors.
BHEL | Tata Steel | ACC | Ambuja Cements | Oberoi Realty | Idea Cellular | Bharti Infratel | Titagarh Wagons | Goa Carbon | Jet Airways | United Spirits | NBCC | Marksans Pharma | Caplin Point | Tube Investments | Honeywell Automation and Gujarat Gas are stocks, which are in the news today.
Infosys | TCS | Wipro | Canara Bank | Dr Reddy's Labs | Idea Cellular | Lupin | Emami | ACC | Jet Airways | Novartis India | Quick Heal | Indian Hotels | CARE | Gravita India | OBC | Divis Labs | J&K Bank | JK Cement and Grasim are stocks, which are in the news today.
Nomura has reduced rating on Adani Ports due to weak free cash flow outlook with target cut to Rs 234 from Rs 258 per share as it sees near-term volume to be impacted from demonetisation.
Religare recommended hold rating on Gujarat Gas with a target price of Rs 560 in its research report dated November 21, 2016.
Gujarat Gas | NBCC | HPL Electric | Shiva Cement | Shree Cement | Alembic Pharma | GPT Infra | Mawana Sugars | Adani Enterprises | Dilip Buildcon | Torrent Power | Ramco Systems | Visa Steel | Reliance Capital | Siyaram Silk Mills and Techno Electric are stocks, which are in the news today.
Petronet LNG | Bharat Forge | Punj Lloyd | IVRCL | Astral Poly | Ashiana Housing | HealthCare Global | Career Point | Pratibha Industries | IL&FS Engineering and IIFL Holdings are stocks, which are in the news today.
Net Sales are expected to increase by 3.8 percent Q-o-Q (down 19.1 percent Y-o-Y) to Rs 1262.7 crore, according to Religare.
After the government cut gas prices to USD 2.50 per unit on Friday, Gujarat Gas says it will try to maximise the benefit of the price cut that can be passed on to customers.
The fall in local gas prices, which are decided by the government on the basis of a formula that draws from prevailing prices at several international hubs, has hit producer companies such as ONGC and Oil India who say they are incurring losses.
Here are some stocks that are expected to gain in trade today. The stocks are Tata Chemical, NIIT Technologies, SBI, Kotak Mahindra Bank, RBL Bank, IGL, Mahanagar Gas, Gujarat Gas, GAIL, MCX, Adani Ports, Tata Steel, JSW Steel, Blue Dart, Patel Integrated, Wanbury, Edelweiss, Sun Pharmaceutical, Maruti, M&M, Eicher Motors, Jubilant Life and MOIL.
Despite the price fall, ONGC is confident of volumes improving on back of project implementation, says AK Srinivasan, Director - Finance at ONGC.
HDIL | Grasim | Adani Enterprises | Balkrishna Industries | Bhushan Steel | Welspun India | Tata Power | Vedanta | Cairn India | Suprajit Engineering | Zuari Agro | Viji Finance | Dilip Buildcon | Caplin Point | Jain Irrigation | Man Industries | Titagarh Wagons | JMT Auto | Zee Media | GSPL and Gujarat Gas are stocks, which are in the news today.
ICICI Bank | Larsen & Toubro | Tata Power | Vedanta | Cairn India | Suprajit Engineering | Aditya Birla Fashion | Zuari Agro | Viji Finance | Dilip Buildcon | Caplin Point | Jain Irrigation | Man Industries | Titagarh Wagons | Jaiprakash Associates | JMT Auto | Zee Media | GSPL and Gujarat Gas are stocks, which will be in the news on Monday.
"Petroleum and Natural Gas Regulatory Board, on July 4, has granted authorisation to Gujarat Gas to lay, build, operate, or expand city or local natural gas distribution network (CGD network) in Panchmahal and Anand districts of Gujarat," says the city gas distribution company in its filing.
Tata Motors | DLF | Tata Steel | Gujarat Gas | Sobha | Aurobindo Pharma | Mahindra Holidays | Lupin | Palred Tech | Ricoh India | Astec | Garware Wall Ropes | Indian Hotels | MMTC | GTL Infra Projects | Viji Financehjmun | Vedanta | Hanung Toys | Indo Count and Zee Learn are stocks, which are in the news today.
Sandeep Wagle of powermywealth.com is of the view that one can buy Dr Reddy's Laboratories, Gujarat Gas and Biocon.
"Gujarat Gas has accepted the authorisation from Petroleum and Natural Gas Regulatory Board (PNGRB) to lay, operate, build or expand city or local natural gas distribution network for Ahmedabad district (excluding area already authorised) in Gujarat on June 27," says the company in its filing.
Tata Steel | HCL Technologies | Gujarat Gas | MRO-Tek | Punj Lloyd | Shilpa Medicare | Nitco | Hotel Leela | Adani Power and Tata Power are stocks, which are in the news today.
Religare is bullish on Gujarat Gas has recommended buy rating on the stock with a target price of Rs 625 in its research report dated June 23, 2016.
In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks and shared his views on the the upcoming initial public offering (IPO) of Mahanagar Gas.