The Sensex and Nifty rallied more than 9 percent each to scale new highs of 38,989.65 and 11,760.20 respectively in current week while the BSE Midcap index jumped over 8 percent and Smallcap climbed over 6 percent in two months.
We expect SEL’s net revenue and PAT to grow by 15 percent and 16 percent CAGR over FY18-20E, likely to be driven by good monsoon & new launches.
"The management of the company expects good growth for demand of domestic tractor due to govt’s continued thrust ion agri and rural sector, which would help the company to increase market share and financial growth of the company," says a report by SMC Global Securities.
Here is the list of 20 stocks that could give up to 50 percent return over a period of one year.
“If the monsoon predictions are accurate, the agricultural sector is set for a boost. Rain vs Food inflations although are not so directly related deficient rainfall should theoretically result in lower crop output and drive up prices due to a demand-supply mismatch,” Ritesh Ashar – Chief Strategy Officer (CSO), KIFS Tarde Capital told Moneycontrol.
2018 is expected to be another good year — with the results of all policy initiatives taken in the last 2 years beginning to take shape.
“Last two-three years Maruti Suzuki has been outperforming the whole private vehicles (PV) pack, we think that momentum will continue. Though the numbers were slightly below estimate, 15 percent growth is good”, Awanish Chandra, Analyst - Auto & Auto Ancillaries at Centrum Broking told CNBC-TV18.
In an interview to CNBC-TV18's Prashant Nair and Sumaira Abidi, Rahul Arora, CEO at Nirmal Bang Institutional Equities shared his readings and outlook on market and specific stocks.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Rahul Arora, CEO, Nirmal Bang Institutional Equities and Abneesh Roy, Associate Director of Edelweiss Securities shared their readings and outlook Jubilant Foodworks. Rahul Arora also spoke on various stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Swaraj Engines, Britannia Industries and DLF.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 spoke on the sales number by auto companies. He said the numbers from Ashok Leyland were disappointing, while that of SML Isuzu were good. He sees more upside for SML Isuzu
Rahul Arora, CEO at Nirmal Bang Institutional Equities recommends buying V-Guard Industries.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today - REC, NCC, Axis Bank, Bharti Infratel, Biocon, Synegene, Rallis, Maruti, Raymond, Gujarat Narmada Valley Fertilizers & Chemicals, Swaraj Engines, IDFC Bank & Agro Tech Foods.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that one can buy Swaraj Engines.
Kunj Bansal of Centrum Wealth Management is of the view that one may prefer Swaraj Engines.
Kunj Bansal of Centrum Wealth Management is of the view that one may choose Swaraj Engines.
Kunj Bansal of Centrum Wealth Management is of the view that Swaraj Engines is a good investment opportunity.
In an interview to CNBC-TV18, Rajen Shah, CIO of Angel Broking picks Swaraj Engines and Honda Siel Power Products as his multibagger stocks. He feels investment in these stocks will yield better future returns.
Swaraj Engines can touch Rs 650-700 in the next 15-18 months, says Rajen Shah, CIO of Angel Broking. This company is basically into two businesses; one is manufacturing of engines and supplying it to Mahindra & Mahindra (M&M) for its tractor business and the second is the high-tech engine product business.
SP Tulsian, sptulsian.com is of the view that investors can buy fertilizer stocks from 6 months perspective.
Swaraj Engines can test Rs 515 in next 10-12 months, says SP Tulsian, sptulsian.com.