INDIA
Is the Nirav Modi case compromised? Top CBI sleuth's email ID blocked after 'suspicious activity': Report
The potential cyber security breach could compromise investigation into the Nirav Modi case
BUSINESS
DCM Shriram rallies 8% after board approves share buyback up to Rs 250 cr
At the maximum buyback price and size, the indicative maximum number of equity shares bought back would be 55,55,555 equity shares (comprising 3.42 percent of the existing paid up equity share capital).
BUSINESS
KVIC bags Air India contract for amenity kits worth Rs 8 crore
Earlier in September 2016, Air India had placed an order with KVIC for supplying 5.75 lakh pieces of Khadi soap cakes.
BUSINESS
Shriram MF revises exit load for equity and debt opportunities fund
The fund house will not levy any exit load on redemption of 12 percent of units
BUSINESS
Buy Natco Pharma: Akash Jain
Long term investors can add this company to their portfolio and wait for at least 5 years to reap the rewards of wealth creation, says Akash Jain of Ajcon Global.
BUSINESS
Realme 1 Silver limited edition smartphone goes on sale today; Here's how much it costs & where to buy
The new device comes with 4GB RAM and 64GB inbuilt storage and goes on sale for the first time on Monday, 18 June.
BUSINESS
Buy Dr Reddy’s Labs: Akash Jain
Investors can consider this company with a 3 year horizon. Its earnings performance is dependent upon timely approvals of products in its pipeline, says Akash Jain of Ajcon Global.
BUSINESS
Buy Sun Pharmaceutical Industries: Akash Jain
We believe Sun Pharma is the best play in pharma space and investors can add this stock in their long term portfolio, says Akash Jain of Ajcon Global.
BUSINESS
Buy Dynamic Industries, target Rs 150: Equity99
Upper side minor hurdle exist at Rs 117-119 levels. Cross over will take it to Rs 140-150 levels in medium term. We are recommending a strong buy, says Sumit Bilgaiyan of Equity99.
BUSINESS
Buy SAIL, target RS 101: Equity99
SAIL has shown a superb move from Rs 67-68 levels. Now Rs 91 will be a strong hurdle for this stock, cross over will take it to Rs 95-101 levels in very short time, says Sumit Bilgaiyan of Equity99.
BUSINESS
Buy Sun Pharma, target Rs 650: Equity99
It has made superb double bottom formation at Rs 435. After a smart move in short time, stock has strong hurdle near Rs 585-605 levels. Cross over will take it to Rs 650+ levels, says Sumit Bilgaiyan of Equity99.
BUSINESS
Buy Deepak Nitrite, target Rs 346: Siddharth Sedani
We reiterate our coverage on Deepak Nitrite Limited with a buy rating and a target price of Rs 346 per share, says Siddharth Sedani of Anand Rathi Shares and Stock Brokers.
BUSINESS
Buy Aditya Birla Fashion and Retail: Siddharth Sedani
We have a buy coverage of Aditya Birla Fashion and Retail with a target price of 186 at an EV/EBITDA of 17x FY20e, says Siddharth Sedani of Anand Rathi Shares and Stock Brokers.
BUSINESS
Buy Jubilant Life Sciences, target Rs 1040: Siddharth Sedani
We maintain a buy on the stock, with a target of Rs 1,040, based on 11.7x FY20e EPS, says Siddharth Sedani of Anand Rathi Shares and Stock Brokers.
BUSINESS
Buy Persistent Systems, target Rs 960: Siddharth Sedani
With its cash balance now, of USD 175 million, it will be seeking more acquisitions to expand its geographical reach, mainly in non-US markets, and is not keen on acquiring legacy businesses, says Siddharth Sedani of Anand Rathi Shares and Stock Brokers.
BUSINESS
Credit Suisse upbeat on Power Grid, NTPC on valuation & growth parameters
The brokerage house observed that the power regulator seems to be nudging the sector to more flexibility.
BUSINESS
Buy Cadila Healthcare, target Rs 489: Siddharth Sedani
We expect 11% and 17% CAGRs over FY18-20 in revenue and earnings respectively, our target price is based on 21x FY20e EPS, says Siddharth Sedani of Anand Rathi Shares and Stock Brokers.
BUSINESS
HT Media gains 4% after Koovs Plc signs 2-year ad-for-equity pact with company
HT Media will get 30 percent in cash and rest in equity for ad-for-equity deal.
BUSINESS
Girnar takes BigBasket to court over trademark violation: Report
Girnar Food and Beverages has objected to BigBasket selling tea under the "Royal" trademark
BUSINESS
CLSA bets on HDFC with a buy call and target of Rs 2,200; upside of 20%
Global research firm CLSA is betting on HDFC attractive valuations as well as acceleration in earnings growth head.
BUSINESS
Indian economy can clock double-digit growth before Q4 FY19, says FM Goyal
Goyal was addressing an industry event organised by the Confederation of Indian Industry
INDIA
Nirav Modi travelled on 'revoked' Indian passport as recent as June 12: Report
The diamond merchant reportedly used the Indian passport for travelling from London to Brussels last week
BUSINESS
India looking at another good year at Cannes Lions 2018, Piyush and Prasoon Pandey to be honoured
Shortlists in many categories have already been announced
WORLD
Elon Musk unveils Tesla Model 3 Performance car's new production line
The Model 3 Performance is the top-variant of the compact electric car and is expected to cost around $78,000 (Rs 53,02,830). It will feature a top speed of 250 km/h and is capable of sprinting from 0-100 in 3.5 seconds.
