Upon completion of the acquisition, VBL will be a franchise of PepsiCo beverages business across 27 states and seven Union Territories (UTs)
Current oil prices put them in a sweet spot, HSBC said, adding rising gas production & gas prices are expected to drive earnings growth.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India with stop loss at Rs 1240 and target of Rs 1290, IndusInd Bank with stop loss at Rs 1500 and target of Rs 1530 and UPL with stop loss at Rs 805 and target of Rs 840.
The next crucial support for the Nifty index is placed at 10,500 while in case of bounce 10,800-10,850 would act as a hurdle.
ICICI Direct recommended hold rating on Bosch with a target price of Rs 17565 in its research report dated February 14, 2019.
ICICI Direct recommended hold rating on Natco Pharma with a target price of Rs 635 in its research report dated February 14, 2019.
ICICI Direct recommended hold rating on Coal India with a target price of Rs 225 in its research report dated February 14, 2019.
ICICI Direct recommended hold rating on Maharashtra Seamless with a target price of Rs 500 in its research report dated February 13, 2019.
ICICI Direct recommended hold rating on Motherson Sumi with a target price of Rs 125 in its research report dated February 13, 2019.
ICICI Direct recommended hold rating on Amara Raja Batteries with a target price of Rs 700 in its research report dated February 13, 2019.
ICICI Direct recommended hold rating on Bata India with a target price of Rs 1300 in its research report dated February 13, 2019.
ICICI Direct recommended hold rating on Hindalco Industries with a target price of Rs 212 in its research report dated February 13, 2019.
ICICI Direct recommended hold rating on India Cement with a target price of Rs 85 in its research report dated February 13, 2019.
ICICI Direct recommended hold rating on Sun Pharmaceuticals with a target price of Rs 460 in its research report dated February 13, 2019.
ICICI Direct recommended hold rating on Astral Poly Technik with a target price of Rs 1250 in its research report dated February 13, 2019.
ICICI Direct recommended hold rating on VA Tech Wabag with a target price of Rs 295 in its research report dated February 12, 2019.
ICICI Direct recommended hold rating on Eicher Motors with a target price of Rs 21250 in its research report dated February 12, 2019.
ICICI Direct recommended hold rating on Gujarat State Petronet with a target price of Rs 180 in its research report dated February 12, 2019.
ICICI Direct recommended hold rating on Balkrishna Industries with a target price of Rs 820 in its research report dated February 12, 2019.
Prabhudas Lilladher recommended accumulate rating on Hindalco Industries with a target price of Rs 245 in its research report dated February 12, 2019.
Prabhudas Lilladher recommended accumulate rating on Nestle India with a target price of Rs 11,059 in its research report dated February 14, 2019.
Prabhudas Lilladher recommended accumulate rating on Dr. Lal PathLabs with a target price of Rs 1070 in its research report dated February 11, 2019.