Rajat Bose of rajatkbose.com is of the view that one can buy ILandFS Transportation Networks and Bharat Forge.
The project has been awarded by National Highway Authority of India (NHAI) on May 3, 2010.
"The Hazaribagh Ranchi Expressway Limited, a subsidiary of the company, has re-financed its debts including senior debt amounting to Rs 715 crore availed for development of section of NH-33... in the state of Jharkhand by issue of non- convertible debentures," IL&FS Transportation Networks Ltd said in a BSE filing.
Idea Cellular | Maruti Suzuki | ICICI Bank | Dabur India | Dilip Buildcon | Pioneer Distilleries | IL&FS Transportation | Thyrocare | NMDC | SAIL | Emami | Bajaj Finserv | Dish TV | Dalmia Bharat Sugar | Emkay Global | Alankit | Indraprastha Medical and Motilal Oswal are stocks, which are in the news today.
IL&FS Transportation Network today reported net profit of Rs 55.7 crore versus a loss of Rs 19.4 crore for the December quarter. Total income has fallen to Rs 1,020 crore vs Rs 1,117 crore down 8.6 percent in the year ago period.
According to Vijay Chopra of enochventures.com, one may hold ILandFS Transportation Networks.
TCS | Maruti Suzuki | ONGC | Bharti Airtel | NTPC | SpiceJet | Mahindra & Mahindra | Hathway Cable | Vivimed Labs | Idea Cellular | Bharat Financial Inclusion | KCP Sugar | Mahindra Lifespaces and Electrosteel Castings are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com recommends buying IL&FS Transportation, Repco Home Finance, Deepak Fertilisers, Dalmia Bharat and Yes Bank.
The company has informed that a joint venture with PJSC Kyivmetrobud in the ratio of 70:30 has been declared lowest bidder for the bid submitted with the Chennai Metro Rail for design validation and construction of works of underground stations.
The upmove is likely to continue amid volatility in the coming week and also till the announcement of the Union Budget on hope of tax sops and ahead of the five-state elections (Uttar Pradesh, Punjab, Goa, Manipur and Uttarakhand), experts feel.
Rajat Bose of rajatkbose.com recommends buying IL&FS Transport and Glenmark Pharma.
Sun Pharma | Tata Motors | Tata Global Beverages | Tata Chemicals | Tata Steel | Tata Power | Indian Hotels | Wockhardt | Cipla | Granules India | IL&FS Transportation | Tata Coffee | Phoenix Mills | Jet Airways | SpiceJet | InterGlobe Aviation | Borosil Glass and Opto Circuits are stocks, which are in the news today.
Axis Bank | IL&FS Transportation Networks | Saksoft | Avantel | Ram Informatics | Dilip Buildcon | Cox & Kings | Zee Media | Jagran Prakashan | Somany Ceramics | Godawari Power and Ispat | Majesco | Jammu & Kashmir Bank | Claris Life and Sical Logistics are stocks, which are in the news today.
The joint venture has emerged as the lowest bidder for the development of the project.
Axis Bank | ICICI Bank | Lupin | Adani Enterprises | IL&FS Transportation | KEI Industries | Deep Industries | Jubilant Foodworks | VST Tillers | Future Consumer | LT Foods and Ess Dee Aluminium are stocks, which are in the news today.
Infrastructure company IL&FS Transportation Networks disappointed analysts with quarterly earnings. Profit in July-September quarter fell 46 percent year-on-year to Rs 57.1 crore, impacted by revenue as well as operational performance despite higher other income.
Besides, an additional USD 299.64 million was raised by three companies through newly allowed rupee denominated bonds (RDB) floated overseas -- popularly known as masala bonds.
Ashwani Gujral of ashwanigujral.com suggests buying NMDC, IL&FS Transportation Networks and Tata Elxsi.
"The joint venture (JV) comprising of the company and IL&FS Engineering and Construction Company in the ratio 51:49 has submitted bids with the Madhya Pradesh Road Development Corporation Ltd..The JV has emerged as lowest bidder for the development of two projects," IL&FS Transportation Networks said in a BSE filing.
Ashwani Gujral of ashwanigujral.com recommends buying IL&FS Transportation and Tech Mahindra and sell BEML.
Ashwani Gujral of ashwanigujral.com recommends selling Axis Bank, Tata Elxsi and CESC and advises buying BPCL and IL&FS Transport.
Indian companies had raised only USD 750.77 million from overseas markets in the same month last year.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Infosys | TCS | Laxmi Vilas Bank | Britannia | GTL | Tanla Solutions | Sagar Cements | Technofab Engineering | IG Petro | Shirpur Gold Refinery | Motherson Sumi | Aptech | Ashok Leyland | Bajaj Finance | GAIL | ONGC and Alstom T&D are stocks, which are in the news today.
Jay Thakkar of Sharekhan advises buying NBCC with a target of Rs 249.