Macquarie Securities’ Sandeep Bhatia feels one large cap stock to benefit from GST and stable taxation could be ITC. Meanwhile, Asian Paints, Voltas and Crompton Greaves Electricals could be looked at.
The Centre is yet to deliver on the promises it had made to the pharma industry for promoting bulk drug sector, also called as API (Active Pharmaceutical Ingredient), IDMA president said.
Government today said in view of the huge losses incurred by national carrier Air India, a committee had been appointed to look into the present policy of giving free and concessional air tickets in domestic sector to certain categories.
Nagarjuna Agrichem has reported a sales turnover of Rs 127.48 crore and a net loss of Rs 1.06 crore for the quarter ended Dec '10. For the quarter ended Dec 2009 the sales turnover was Rs 171.41 crore and net profit was Rs 18.32 crore.