The company has raised NCDs twice in this month, which will be utilised for improving long term loan facilities as well, says Mukund Sapre, Executive Director of IL&FS Transportation.
Regan F Homavazir, Associate VP - Technical Research at Darashaw advises buying United Spirits on declines.
Regan F Homavazir, Associate VP - Technical Research at Darashaw is of the view that one may buy Emami as the stock may go above RS 700.
According to Regan F Homavazir, Associate VP - Technical Research at Darashaw, Infosys may test Rs 4900.
Regan F Homavazir, Associate VP - Technical Research, Darashaw feels United Spirits is moving well, and has a long term target at Rs 5040 per share. He is also positive on Wipro with a target of Rs 717 per share.
Regan Homavazir of Darashaw feels that Pidilite Industries may touch Rs 500.
Regan Homavazir of Darashaw is of the view that Infosys may go upto Rs 5000.
Finance consultancy firm Darashaw feels that the market will return to normalcy if it goes beyond 19,200 till the end of September. He also feels that the rupee has seen its worst at 68.80/USD levels and expects it to find base between 64 and 62/USD.
Regan Homavazir, Associate VP, Technical Research of Darashaw recommends buying ITC and Hindustan Unilever (HUL). "Tata Steel ay go upto Rs 350," he adds.
Regan Homavazir, Associate VP-Technical Research of Darashaw recommends to buy State Bank of India at Rs 1,800.
Regan Homavazir, Associate VP-Technical Research of Darashaw is of the opinion that Oil and Natural Gas Corporation may reach Rs 560.
Nifty is expected to be in a bullish step up and is expected to go to 6000 initially. Post 6000 and 6300, it will likely go in a stringing up move. However, in order to have some sort of risk management, it would be better if people are cautious on the Nifty below 5750
Regan Homavazir of Darashaw said he would bet heavily on HDFC, HDFC Bank and Kotak Mahindra Bank.
Regan Homavazir of Darashaw told CNBC-TV18 that he was not expecting the Nifty beyond 5750 levels. He added that HDFC, HDFC bank and Kotak were his best picks in the financial sector.
Regan Homavazir, Associate VP-Technical Research at Darashaw has very positive bias on Reliance Industries. He feels that the stock can move to about Rs 1100.
Regan Homavazir, Associate VP-Technical Research at Darashaw is of the view that HDFC can touch Rs 1000.
Regan Homavazir, Associate VP-Technical Research of Darashaw advised staying with Wipro. However, HCL Tech is a sell.
Regan Homavazir, associate VP-Technical Research, Darashaw sees 6,000 as a key resistance for the Nifty going forward.
TCS and Infosys are likely to be market performer, says Regan Homavazir, Associate VP-Technical Research, Darashaw.
Regan Homavazir, Associate VP-Technical Research, Darashaw advises to go short in Hero Motocorp around Rs 1650.
Regan Homavazir, Associate VP-Technical Research, Darashaw advises to buy ICICI Bank at current levels.
The Indian market had a stable start to April after losing almost 10 percent since February. Regan Homavazir of Darashaw expects the Nifty to touch atleast 5,850, where it will have to be assessed whether 6,000 is a possibility.
Regan Homavazir, Darashaw is not expecting too much downside in Reliance Infrastructure.
Regan Homavazir, Darashaw is positive on Hindustan Unilever. It is going to consolidate at these particular levels and then start moving higher. We are expecting it to get back to Rs 600, he adds.
Regan F Homavazir of Darashaw told CNBC-TV18 that Nifty may fall by 100 points if the important support of 5850 is not held on a closing basis. As far as the oil and gas space is concerned, his top picks include ONGC, BPCL and RIL.