Fortis Healthcare | CMC | AP Paper | Reliance Industries | Financial Technologies | MCX | TCS | HDFC Bank and Sintex Industries are stocks, which are in the news today.
Securities Appellate Tribunal (SAT) has asked AP Paper (International Paper hold‘s 75%) to pay non-compete fee to all investors who tendered in the open offer, reports CNBC-TV18's Sajeet Manghat.
US-based International Paper is eyeing West Coast Paper Mills. The deal is seen around Rs 800-1200 crore, reports The Economic Times.
SP Tulsian, sptulsian.com advice traders to avoid AP Paper and West Coast Paper.
In an interview to CNBC-TV18, SP Tulsian says he has a negative view on rice stock even though China has allowed import of basmati rice. Except AP Paper, he maintains a negative view on stocks of paper industry. Tulsian however sees a limited downside in United Spirits and he expects good Q4 results for Petronet LNG.
See lower levels in Idea Cellular, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com believes the Nifty will reclaim the 5200 level today, but says it will be no-trade day because the market is unlikely to run up after a 90 point decline.
SP Tulsian of sptulsian.com says that he holds a negative view on both Bharti and Idea in the telecom space. Though, the paper stocks have done well today, he holds a negative view on paper companies. However, he holds a positive view on United Spirits.
International Paper may go for delisting of AP Paper, says SP Tulsian, sptulsian.com.
Aashish Tater, head of research, Fort Share Broking spoke to CNBC-TV18 about what stocks could be multibagger picks for today. He chooses AP Paper and Asahi Songwon. Check out his comments.
In an interview with CNBC-TV18, Aashish Tater, Head of Research at Fort Share Broking gives his views on select multibaggers.
Ultratech | Reliance Infra | Tech Mahindra | SpiceJet | A P Paper | Jaybharat Textile | Kingfisher | Maruti and Coal India are stocks, which are in the news today.
Speaking to CNBC-TV18, Jagannadham Thununguntla of SMC Global says that investors will be better off thinking there will not be a non-compete fee. "If any non-compete fee comes, it will be like a windfall gain, but entering the stock in the anticipation of that non-compete fee may prove to be costly," he warns.
International Paper's offer for 21.5% stake AP Paper is projected to raise competition for the other players, going forward. However, V Kumarswamy CFO of JK Paper says that the deal need not ring in competition; in fact, he believes that the deal will have a positive impact on the competing paper companies.
Monet Ispat | Balrampur Chini | Idea | Spanco | Neyveli Lignite | DCB | Smartlink | AP Paper | S Kumars | Asian Paints | Jagran Prakashan | Shiv Vani | Vishal Retail | HT Media and Maruti Suzuki are stocks, which are in the news today.
Yogesh Radke, Senior Manager (Institutional Equities - Quantitative Research Desk) at Edelweiss Capital, in an interview with CNBC-TV18’s Udayan and Mitali Mukherjee, gave his strategy on investing in various scenarios.
The whole of last week has been a bonanza for the market. As gains continue to pour in, an optimistic N Jayakumar of Prime Securities says money flows will continue despite local and global events.
Clutch Auto | Sakthi Sugar | Hindalco | HUL | Sobha Developers | GCPL | Kingfisher | Tata Power | Bayer Cropscience | SBI | AP Paper Mills and L&T are stocks, which are in the news today.
Deven Choksey, the MD of KR Choksey Shares and Securities in an interview on CNBC-TV18 spoke about his reading of the market and where he sees it headed going forward. He also gave his views on sector specific stocks like AP Paper, Bharti, PTC Financials, ICICI Bank, Infosys and Reliance.
Paper stocks have grabbed the spotlight after AP Paper Mills struck a lucrative deal with US paper and packaging company International Paper. RR Vederah, MD of BILT spoke to CNBC-TV18 about what he has made of what has been an extremely large deal that got cut in the industry.
International Paper Co is set to pickup majority stake of 53.5% in AP Paper for about USD 257 million in cash. Commenting on the deal CNBC-TV18’s managing editor Udayan Mukherjee says it should be quite good or charging up for the paper sector today because the deal has been struck at a huge premium to the current market price of AP Paper.