NMDC is a great buy even at current levels with a timeframe of over one year, says Sudip Bandopadhyay of Inditrade Capital.
JM Financial is bullish on Hindustan Zinc has recommended buy rating on the stock with a target price of Rs 285 in its research report dated October 23, 2017.
Centrum Research recommended hold rating on Hindustan Zinc with a target price of Rs 300 in its research report dated October 23, 2017.
ICICI Direct is bullish on Hindustan Zinc has recommended buy rating on the stock with a target price of Rs 350 in its research report dated October 24, 2017.
Hindustan Zinc reported a strong quarter. In an interview to CNBC-TV18, Sunil Duggal, CEO of Hindustan Zinc spoke about the results and his outlook for the company.
The company had posted a net profit of Rs 1,902 crore in the corresponding quarter of previous fiscal, Hindustan Zinc said in a filing to BSE. Hindustan Zinc's total income during the July-September period was at Rs 5,796 crore, registering an increase of 25.4 per cent over the year-ago period.
Operating profit during the quarter is seen rising 48 percent to Rs 2,997 crore, but margin may shrink 410 basis points to 54.1 percent compared with same quarter last fiscal.
The midcap Index which was again the outperformer, up 1.29 percent led by Jain Irrigation Systems and Jaiprakash Associates while Bajaj Auto, ICICI Lombard General Insurance Company, MphasiS and Vedanta were some of few stocks that hit 52-week high on the NSE.
Net Sales are expected to increase by 59.4 percent Y-o-Y (up 23.3 percent Q-o-Q) to Rs. 6181 crore, according to Edelweiss.
"Corrosion has been one of the major areas of concern for Railways.... The corrosion and deterioration of fish plates and rails has been identified as few reasons for such accidents," HZL CEO Sunil Duggal has said in a letter to the railways ministry.
According to Technical Analyst Prakash Gaba of prakashgaba.com, any move above 9946 would propel the Nifty to 10041-10080 zones but looks like the Index is into a pause mode and so a dip is acceptable as long as 9850 holds.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy NMDC, Bata India, Hindustan Unilever and Petronet LNG and can sell Wockhardt.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy GAIL India, Hindustan Zinc and Mindtree and can sell Pidilite Industries and Strides Shasun.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com recommends buying Avanti Feeds, TV Today, GAIL India, KRBL and Hindustan Zinc.
According to Mitessh Thakkar of miteshthacker.com, one can buy HCL Technologies and Hindustan Zinc.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland, GAIL India and Hindustan Zinc and can sell Amara Raja Batteries.
Sudip Bandhopadhyay, Market Expert recommends buying NMDC, Hindustan Zinc and GMDC.
ICICI Direct has recommended buy rating on Hindustan Zinc with a target price of Rs 335 in its research report dated 1 September 2017.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bank of Baroda and Tata Motors and buy Vedanta, M&M Financial Services and Indraprastha Gas.
As traders turn cautious over the geopolitical issues coupled with the domestic headlines, the market is expected to ride on the volatile regime with a negative outlook in the short-term unless it witnesses favourable events.
Hindustan Zinc surges in trade on the back of an overnight rally in metal prices. In an interview to CNBC-TV18, Sunil Duggal, MD & CEO of Hindustan Zinc spoke about the latest happenings in his company and sector.
Mitessh Thakkar of miteshthacker.com is of the view that metal stocks like Hindustan Zinc, JSW Steel and Hindalco Industries should see upside momentum.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Global Beverage and Hindustan Zinc while he feels that PC Jeweller and Titan Company should rally further.
According to Sudarshan Sukhani of s2analytics.com, one can buy Yes Bank, Hindustan Zinc and Indraprastha Gas and sell Apollo Hospitals Enterprises while one can avoid HDIL.