Morgan Stanley (France) S.A. bought 2,423,146 shares of Housing Development and Infrastructure (HDIL) at Rs 91.36 per share on the NSE.
Credit Suisse (Singapore) Limited A/C Credit Suisse (Singapore) sold 2,436,095 shares of Housing Development and Infrastructure at Rs 90.24 per share on the NSE.
Ashwani Gujral of ashwanigujral.com suggests buying NTPC and sell Sun Pharmaceutical Industries and ITC.
Sandeep Wagle of powermywealth.com is of the view that one can buy HDIL and Apollo Tyres and sell Mahindra & Mahindra.
Prakash Gaba of prakashgaba.com is of the view that Adani Ports can slip to Rs 314 while HDIL may climb to Rs 81.
Ashwani Gujral of ashwanigujral.com is of the view that one can avoid HDIL and prefers DLF or Sobha.
The finance committee of the company at its meeting held on March 4, has decided to divest its 100 percent shareholding of its wholly owned subsidiary company, Excel Arcade.
Cipla | Bharat Forge | Tata Steel | SBI | PNB | Bharti Airtel | UltraTech Cement | Jaiprakash Associates | Aditya Birla Nuvo | Shree Cement | Religare Enterprises | ARSS Infra | Srei Infrastructure | GMR Infrastructure and SAIL are stocks, which are in the news today.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 8900 and resistance at 9000 while Bank Nifty has support at 20700 and resistance at 21000.
Mitessh Thakkar of miteshthacker.com recommends buying Adlabs Entertainment with a stop loss at Rs 84 for target of around Rs 105-106 and Housing Development and Infrastructure with a stop loss at Rs 65.40 and target close to about Rs 70.
CLSA has retained its buy call on Phoenix Mills, with reduced target price at Rs 460 from Rs 479. It says company's lease income growth at malls is at 6-7-quarter high despite demonetisation. Capex strategy may enable low strain capex, it feels.
Nifty has support at 8640 and resistant at 8870, says Technical Analyst, Prakash Gaba.
Realty firm HDIL reported 84 percent decline in its consolidated net profit at Rs 16.22 crore for the quarter ended December on lower sales. â€œPre-sales of HDIL in the third quarter were significantly lower and we have seen at least 45-50 percent decline in pre-sales,â€ said Hariprakash Pandey, company‘s VP-Finance.
Foreign institutional investors (FIIs) pared their equity holdings in frontline Indian companies during the December quarter, with market watchers blaming the trend on demonetisation.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer Yes Bank and Bajaj Finserv.
Tata Motors | Sun Pharma | DLF | Cadila Health | Jindal Steel | SpiceJet | Adani Enterprises | MOIL | Cox & Kings | HDIL | Liberty Shoes | Voltas | National Fertilisers | Ashiana Housing | Power Mech | Intellect Design Arena are stocks, which are in the news today.
Realty firm HDIL today reported 84 per cent decline in its consolidated net profit at Rs 16.22 crore for the quarter ended December on lower sales.
Realty player Housing Development Infrastructure (HDIL) is planning to launch 'Budget Homes' brand under which it will develop affordable housing projects in the megapolis.
According to Prakash Gaba of prakashgaba.com, HDIL can climb to Rs 75 while ICICI Prudential Life Insurance Company may test Rs 375.
On February 1, 2017 Platinum Investment Mngt. Ltd. A/C Platinum Asia Fund sold 26,01,621 shares of HDIL.
Lots of stocks from auto, FMCG, housing, banks to infra sectors participated in today's relief rally led by Union Budget 2017 but technology stocks (TCS down 2.7 percent and Infosys down 1.4 percent) continued to get butchered due to HI-B visa woes.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell HDIL and buy Castrol India and Motherson Sumi Systems.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy TVS Motor Company with a target of Rs 425.
Mitessh Thakkar of miteshthacker.com recommends buying Jayshree Tea and Kohinoor Foods and advises selling HDIL and Lupin.
Prakash Gaba of prakashgaba.com is of the view that Hindalco Industries can slide to Rs 168 while HDIL may test Rs 59.