The Chinese industrial recovery slowed in April, with the Caixin Manufacturing PMI (a gauge of Chinese industrial activity) falling to 50.3, the lowest growth in the last seven months. The weakness is also reflected in Chinese trade data.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Ujjivan Financial, Hindustan Zinc and Tata Motors DVR and buy Escorts and Tata Coffee.
ICICI Direct is bullish on Hindustan Zinc has recommended buy rating on the stock with a target price of Rs 300 in its research report dated April 21, 2017.
Net Sales are expected to increase by 5.5 percent Q-o-Q (up 70 percent Y-o-Y) to Rs 5220 crore, according to HDFC Securities. Hindustan Zinc to report net profit at 2440 crore down 15.1% quarter-on-quarter.
Nifty has support at 9100 and resistance at 9185-9225 while Bank Nifty has support at 21400 and resistance at 21700, says Prakash Gaba of prakashgaba.com.
Analysts’ review of Q4 performance reveals that stock has largely priced in metal prices increase.
In an interview to CNBC-TV18, Sunil Duggal, CEO of Hindustan Zinc spoke about the results and his outlook for the company.
Edelweiss is bullish on Hindustan Zinc has recommended buy rating on the stock with a target price of Rs 337 in its research report dated April 20, 2017.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Axis Bank and Hindustan Zinc and buy Ashok Leyland.
Motilal Oswal is bearish on Hindustan Zinc has recommended sell rating on the stock with a target price of Rs 235 in its research report dated April 20, 2017.
From Hindustan Zinc to Cyient and Aurobindo Pharma, a look at what brokerages are talking about these stocks.
The company also reported a 72.4 percent jump in its total income at Rs 7,237 crore against Rs 4,197.6 crore year on year.
Mehraboon Irani of Nirmal Bang Securities is of the view that one can bet on Hindustan Zinc, Hindustan Copper and Vedanta.
Zinc has been the big outperforming base metal this year due to depleting supply on account of mine closures at global level that led prices higher.
Prakash Diwan of Altamount Capital Management is of the view that Hindustan Zinc is a great buy at lower levels.
According to Shahina Mukadam, Independent Market Expert, one may hold Hindustan Zinc.
Sandeep Wagle of powermywealth.com is of the view that one may hold Hindustan Zinc.
In an interview to CNBC-TV18’s Latha Venkatesh, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Prakash Diwan, Market Expert at Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
Indian billionaire and Vedanta Chairman Anil Agarwal said this month he would buy a 2 billion pound ($2.5 billion) stake in Anglo American, but said the purchase would be via his family trust Volcan Holdings rather than Vedanta.
Sandeep Wagle of powermywealth.com is of the view that one can buy Motherson Sumi Systems and sell Hindustan Zinc.
Here are top cues from domestic as well as international markets which could have a bearing on D-Street.
SBI | Bajaj Auto | Tata Power | GVK Power | Amtek Auto | Motherson Sumi | Bharat Forge | Jayshree Chemical | MTNL | Reliance Capital | Sintex | Hindustan Zinc | Music Broadcast | Healthcare Global | Sagar Cements | NBCC and Pfizer are stocks, which are in the news today.
The Vedanta Group firm has already invested 75 crore in 15 MW solar power projects.
Announcement of special dividend by Vedanta group firm Hindustan Zinc (HZL) is credit positive for Vedanta Resources as it will improve the group's liquidity, Moody's Investors Service today said.