April 23, 2018 12:44 PM IST
The market breadth was in favour of the advances with 997 stocks advancing while 679 declined and 377 remained unchanged. On the other hand, in the BSE, 1394 stocks advanced and 1079 declined and 146 remained unchanged.
April 23, 2018 12:30 PM IST
Net Sales are expected to decrease by 2.4 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 6,664.1 crore, according to KR Choksey.
April 23, 2018 12:28 PM IST
"HDFC Bank is our top pick in private banking space and our structurally bullish on it for next 10 years as well. We prefer the bank over its peers owing to better governance, strong asset quality and high return on asset," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
April 23, 2018 12:22 PM IST
"We are expecting a sideways move in the counter; however upper side resistance comes at Rs 330 level while downside support comes at Rs 280 level," says Sumeet Bagadia, Associate Director, Research at choiceindia.com.
April 23, 2018 12:18 PM IST
"The stock has a strong resistance at Rs 724-740 level, if it gives a close above this level then it may spurt further up to the level of Rs 854 while downside support comes at Rs 640 level," says Sumeet Bagadia, Associate Director, Research at choiceindia.com.
April 23, 2018 12:12 PM IST
"With the ongoing structure on all the time frames, the stock has a more capacity to move ahead up to the level of Rs 3550-4018 while downside support comes at Rs 3100 level," says Sumeet Bagadia, Associate Director, Research at choiceindia.com.
April 23, 2018 11:58 AM IST
ICICI Direct expects USDINR to find supports at lower levels. Utilise downsides in the pair to initiate long positions.
April 23, 2018 11:54 AM IST
Net Sales are expected to increase by 12.7 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 592.3 crore, according to KR Choksey.
April 23, 2018 11:50 AM IST
Net Sales are expected to increase by 23.5 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 1,237.6 crore, according to KR Choksey.
April 23, 2018 11:45 AM IST
Net Sales are expected to increase by 40.9 percent Y-o-Y (up 15.6 percent Q-o-Q) to Rs. 8,967.3 crore, according to KR Choksey.
April 23, 2018 11:40 AM IST
Net Sales are expected to increase by 47.6 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 361.2 crore, according to KR Choksey.
April 23, 2018 11:33 AM IST
"Margins should expand due to improving product mix and benign raw material prices. We are recommending a buy with short target price of Rs 480 and long term price target of Rs 690," says Sumit Bilgaiyan, Founder of Equity99.
April 23, 2018 11:29 AM IST
"Looking at the improved return ratios and growth prospects, we are recommending a short term price target of Rs 85," says Sumit Bilgaiyan, Founder of Equity99.
April 23, 2018 11:29 AM IST
"Ashok Leyland is expected to continue expanding its market share led by network expansion and new product launches. Outlook for FY19 remains positive. We remain buyers in Ashok Leyland with short term target price of Rs 171 per share," says Sumit Bilgaiyan, Founder of Equity99.
April 23, 2018 11:19 AM IST
Here is a list of top three stocks which could give up to 12% return in short term.
April 23, 2018 11:16 AM IST
"We expect the company’s RoE to remain healthy in the range of 18-20 percent on high investment income and better operating efficiency. The company too has robust payout ratio," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
April 23, 2018 11:07 AM IST
Net Sales are expected to increase by 30 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 8,875.6 crore, according to KR Choksey.
April 23, 2018 11:03 AM IST
Net Sales are expected to increase by 6.4 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 14,190.1 crore, according to KR Choksey.
April 23, 2018 10:56 AM IST
Here is the list of three stocks that can give up to 100% return.
April 23, 2018 10:49 AM IST
"At current market price, after this rally, we believe it is fairly valued and would wait for Q4FY18 result and management commentary to take a call in this company," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
April 23, 2018 10:34 AM IST
"Continuing premiumisation, significant incremental cost savings, lined up new product launches in FY19 and favourable commodity cost outlook mean that 15 percent EBITDA margins are achievable," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
April 23, 2018 10:31 AM IST
"We expect return on equity to improve to over 18 percent from FY19 onwards which would be at the higher end compared to its NBFC peers and have a buy on the stock with target of Rs 1925 per share," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
April 23, 2018 10:27 AM IST
"Steel production is at an inflection and expected to grow at 29 percent CAGR to 6.4MT over FY18-20. Strong long product prices in India, operating leverage and timely volume growth augur well for earnings," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
April 23, 2018 10:21 AM IST
"We remain positive on Maruti Suzuki, considering multi-year favourable product lifecycle and improvement in product mix (increasing share of premium products) aiding realisations and consequently margins," says Yogesh Mehta, Vice President - Equity Advisory at Motilal Oswal.
April 23, 2018 10:20 AM IST
TCS has also crossed Accenture's market capitalisation which was at USD 98 billion. TCS market cap is 52 percent higher than all the other IT index companies.
