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Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, India Cements quarter sales are expected to go up by 7% at Rs 1028.3 crore, year-on-year, (YoY) basis.
Firstcall Research is bullish on Biocon and has recommended buy rating on the stock with a target of Rs 430 in its April 11, 2011 research report.
CRISIL Research has come out with its report on Maithan Alloys. The research firm has used the EV/EBITDA method to value Maithan and arrived at a fair value of Rs 195 per share.
Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, Grasim Industries quarter sales are expected to go up by 25% at Rs 1383.7 crore, year-on-year, (YoY) basis.
Indian equity benchmarks were strong in trade after witnessing a consolidation in previous four days with a negative bias. About 40 stocks out of 50 on the Nifty were in green .
Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, Ambuja Cements quarter sales are expected to go up by 11% at Rs 2205.7 crore, year-on-year, (YoY) basis.
CRISIL Research has come out with its report on Electrosteel Castings. The research firm has maintained fair value estimate of Rs 58 per share and the valuation grade of 5/5.
Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, ACC quarter sales are expected to go up by 15% at Rs 2416.6 crore, year-on-year, (YoY) basis.
CRISIL Research has come out with its report on Century Plyboards. The research firm has maintained fair value at Rs 73 per share. The stock is trading at Rs 66 per share indicating 11% upside from the current level.
Kotak Mahindra Mutual Fund has enhanced its coverage in oil & gas, cement & construction and engineering & capital goods sector. However, it reduced its exposure in information technology, telecom and automotive sector.
Aditya Birla Money is bearish on Lupin and has recommended sell rating on the stock with a target of Rs 365 in its April 13, 2011 research report.
IIFL is bullish on Dabur India and has recommended buy rating on the stock with a target of Rs 106 in its April 13, 2011 research report.
Aditya Birla Money is bearish on Sintex and has recommended sell rating on the stock with a target of Rs 155/152 in its April 13, 2011 research report.
According to IIFL, traders can sell JP Associates April Futures below Rs 91.50 with stop loss of Rs 94 for target of Rs 86, in its April 13, 2011 research report.
India's second largest IT services exporter Infosys Technologies is expected to report a fourth quarter profit after tax (PAT) of Rs 1856 crore, a growth of 4.2% over Rs 1779.8 crore in previous quarter, according to CNBC-TV18 estimates.
Prabhudas Lilladher is bullish on Tata Chemicals and has recommended accumulate rating on the stock with a target of Rs 377 in its April 13, 2011 research report.
Goldman Sachs rocked oil markets for a second day Tuesday by calling for a nearly USD 20 fall in Brent crude oil, saying speculators had pushed prices ahead of fundamentals.
Sangeeta Purushottam, Market Analyst is positive on banking space.
Trade ministers of the five BRIC nations warned on Wednesday that global trade talks were at risk of collapsing but that they were willing to resume negotiations based on 2008 agreements.
You will start seeing a lot of stock specific movement happening and given the concerns on oil and interest rates at this point, it is hard to build a very bullish case for autos right now, says Sangeeta Purushottam, Market Analyst.
The street is expecting a mixed January-March quarter earnings. It is the management guidance that the street is looking forward.
Indian equity benchmarks recovered sharply after initial sell-off, supported by technology, capital goods, private financial, auto and oil marketing companies' shares. Heavyweights Reliance Industries and HUL too were quite supportive.
Infrastructure sector will be getting astrological support, says Satish Gupta of astrostocktips.
Expressing displeasure over reports of his link-ups with several actresses, Bollywood actor Ranbir Kapoor on Monday urged the media to stop commenting about his relationship status.
Retail broking firm Geojit BNP Paribas’ fourth quarter (January-March) net profit fell 61% year-on-year to Rs 2.11 crore, on the back of a 5% drop in revenues to Rs 58.56 crore, reflecting individual investors’ apathy to the stockmarket. For the full year, revenues were down 8% to Rs 256.3 crore and net profit by 38% to Rs 28.39.
