Recently, the shareholders of Grasim, ABNL and Aditya Birla Financial Service approved the merger of AB Nuvo Limited and Grasim Industries that will create a firm with USD 9 billion in combined revenue.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on.
The financial services company, to be called Aditya Birla Financial Services Ltd, is planned to be listed by May or June.
Demonetisation will certainly be good for the economy in the longer run but it is tough to ascertain how long the adjustments will take says Ajay Srinivasan of Aditya Birla Group in an interview to CNBC-TV18.
The Sensex is up 140.66 points or 0.5 percent at 28000.26, and the Nifty is up 30.65 points or 0.4 percent at 8622.80. About 888 shares have advanced, 405 shares declined, and 52 shares are unchanged.
Aditya Birla Nuvo is one of 11 payments banks expected to bring in a brave new world in the Indian financial system.
Sharekhan is bullish on AB Nuvo and has recommended buy rating on the stock with a target price of Rs 2500 in its research report dated November 10, 2015.
Dredging Corp | Alok Industries | Orient Green Power | AB Nuvo | Tech Mahindra | Reliance Industries | Adani Power | Jyoti Structures | NTPC | Mercator | Corporation Bank | PVR | Sun Pharma | Jet Airways and JSW Steel are stocks, which are in news today.
Aditya Birla Nuvo has reported a consolidated total income from operations of Rs 6,639.97 crore and a net profit of Rs 368.14 crore for the quarter ended Dec '14
Aditya Birla Nuvo has reported a sales turnover of Rs 6,544.80 crore and a net profit of Rs 345.27 crore for the quarter ended Dec '13
Meghana Malkan of malkansview.com recommends buying Aditya Birla Nuvo with a target of Rs 1275 and advises seling Adani Enterprises with a target of Rs 254.
According to Daljeet Kohli, there is no question on the fundamentals or the long-term growth of LIC Housing Finance. Valuation is cheap and in buyers favour and so, one should be buying this stock.
Daljeet Kohli of India-Nivesh Securities is of the view that Oil India may touch Rs 672 and feels that Aditya Birla Nuvo may touch Rs 1506.
Aditya Birla Nuvo has reported a sales turnover of Rs 6,492.60 crore and a net profit of Rs 290.15 crore for the quarter ended Sep '13
CBI named 46-year-old Birla, chairman of Aditya Birla Group, along with Parekh and unknown persons and officials of Hindalco and Coal Ministry in the FIR, the 14th in the multi-crore scandal, for alleged criminal conspiracy and under provisions of the Prevention of Corruption Act.
According to Sudarshan Sukhani of s2analytics.com, one may buy Aditya Birla Nuvo.
Brokerages recommend buying Reliance, PVR and AB Nuvo.
In CNBC-TV18's popular show Bull's Eye, Prakash Diwan, Prakash Diwan's Wealth Circle shares trading strategy of the day.
AB Nuvo has announced its second quarter results. The company's Q2 consolidated net profit was up at Rs 304 crore versus Rs 214 crore, year-on-year, YoY.
Pantaloon Retail shareholders has okayed to issue Rs 800 crore convertible debenture AB Nuvo, reports CNBC-TV18.
Reliance Industries | Coal India | Tata Communications | Aditya Birla Nuvo | Reliance Infrastructure | Sesa Goa and Kingfisher Airlines are stocks, which are in the news today.
HCC | RIL | Reliance Communications | IVRCL | Kingfisher Airlines | Jindal Polyfilms | Piramal Health and AB Nuvo are stocks, which are in the news today.