Gujarat State Petronet Ltd, the Natural gas transmission company is slated to buy 28.4% stake in Gujarat Gas from Gujarat State Petroleum Corporation.
While the much-touted Good and Services Tax or GST which will be rolled out on July 1 is expected to bring in a uniform experience to the existing herculean system, on the other hand Gaurav Dua Head-Research of Sharekhan feels that GST may disrupt earnings growth of companies for a few quarters
Centrum is bullish on GSPL has recommended buy rating on the stock with a target price of Rs 185 in its research report dated February 06, 2017.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- ITC, Tata Motors, GSPL, Hexaware, Jubilant Food and Bajaj Auto.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- Delta Corp, Panacea Bio, Vedanta, United Spirits, Cholamandalam Finance, Escorts, GSPL, Kaveri Seeds and Havells India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Net Sales are expected to decrease by 1.6 percent Q-o-Q (up 1.9 percent Y-o-Y) to Rs 252.3 crore, according to Motilal Oswal.
The government on Friday slashed gas prices to USD 2.5 mmbtu from USD 3.06 mmbtu from October 1 to March 31, 2017. The move is likely to bring down gas prices by CNG and PNG players bringing comfort to consumers.
Speaking to CNBC-TV18 T Natarajan, Joint Managing Director of GSPL, said that margins are linked to the tariffs. “We do expect a reasonable increase in margins when the tariff is implemented.â€
Nomura maintains buy call on HDFC Bank with target increased to Rs 1520 from Rs 1325 per share. It says the bank may deliver a 20 percent loan CAGR over FY16-19, adding specific SME sub-sectors may continue to see marginally elevated slippages. It says asset quality situation is very manageable.
Despite the price fall, ONGC is confident of volumes improving on back of project implementation, says AK Srinivasan, Director - Finance at ONGC.
CNBC-TV18‘s research analysts list stocks to focus on in today‘s trade. The stocks expected to gain are all the GST plays including TCI, Gati, Snowman Logistics, Gateway Distriparks, VRL Logistics, Navkar Corporation, Patel Integrated, Relaxo Footwear, Liberty, Bata, Kajaria Ceramics, Somany Ceramics, and HSIL.
Manish Sharma of Destimoney Securities recommends buying Hindalco Industries with a target of Rs 90 and Dewan Housing Finance with a target of Rs 190.
"GSPL has purchased 27.43 percent of financial institutions' holding in SGL at a total cost of Rs 56.23 crores," the company said in a regulatory filing.
Stocks likely to be in limelight are: Lupin, Aurobindo Pharma, Birla Corporation, Titan Company, National Buildings Construction Corporation, Educomp Solutions, JBF Industries, Sterlite Technologies, Jindal Steel & Power, GSPL (India),Arvind.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have IGL, GSPL, Everest Kanto Cylinder, M&M, GVK, Pipavav, Wipro, Tara Jewels, GIC Hsg Fin, Nestle.
The government has issued a new draft hydrocarbon policy under which blocks will be awarded on the basis of a simpler revenue-sharing model versus the earlier profit-sharing model.
Speaking to CNBC-TV18, Ex-ONGC head, RS Sharma said the development is a big negative and the government will have to work to revive formulation in order to promote the exploration and production (E&P) sector.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - PTC India Finance, MRPL, Vardhman Polytex, Divis Labs, GSPL, Ratnamani Metal, Marksans, Munjal Auto, SMS Pharma & Shakti Pumps.
Anu Jain, IIFL Private Wealth Management recommends a buy on Kansai among paint stocks and Glenmark and Cadila among pharmaceuticals.
Anu Jain of IIFL Private Wealth Management is of the view that Reliance Industries may hit Rs 1070-1090.
Rahul Mohindar of viratechindia.com is of the view that one can buy Gujarat State Petronet Limited with a target of Rs 160-170. "One may see DHFL rise by 8-10 percent and touch Rs 470 in the near term.
Among specific sectors, Damania is bullish on technology and financials. In oil and gas space, he likes gas and is positive on GSPL and Gujarat Gas.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - TVS Motors, United Bank of India, Bharti Airtel, Idea Cellular, Torrent Power and GSPL.
Here are top stocks to focus on March 26 - HDFC, L&T, Bajaj Auto, Bharti Airtel, Idea Cellular, SBI, IDFC, GSPL, Torrent Power, GMR Infra and PFC as well as REC.