IDBI Capital is bullish on Infosys has recommended accumulate rating on the stock with a target price of Rs 913 in its research report dated 28 August 2017.
IDBI Capital is bullish on Castrol India has recommended buy rating on the stock with a target price of Rs 474 in its research report dated 24 August 2017.
IDBI Capital is bullish on Trident has recommended buy rating on the stock with a target price of Rs 91 in its research report dated 14 August 2017.
IDBI Capital is bullish on Bharat Petroleum Corp has recommended hold rating on the stock with a target price of Rs 500 in its research report dated 14 August 2017.
IDBI Capital is bullish on Nava Bharat Ventures has recommended buy rating on the stock with a target price of Rs159 in its research report dated 10 August 2017.
IDBI Capital is bullish on Engineers India has recommended accumulate rating on the stock with a target price of Rs165 in its research report dated 10 August 2017.
IDBI Capital is bullish on Kalpataru Power has recommended hold rating on the stock with a target price of Rs 336 in its research report dated 12 August 2017.
IDBI Capital is bullish on Oil India has recommended accumulate rating on the stock with a target price of Rs 306 in its research report dated 12 August 2017.
IDBI Capital is bullish on Rain Industries has recommended buy rating on the stock with a target price of Rs 144 in its research report dated 12 August 2017.
IDBI Capital is bullish on Cadila Healthcare has recommended buy rating on the stock with a target price of Rs 565 in its research report dated 12 August 2017.
IDBI Capital is bullish on Glenmark Pharmaceuticals has recommended Hold rating on the stock with a target price of Rs 763 in its research report dated July 28, 2017.
Industry experts are of the opinion that a friendly consolidation in the banking space is favourable and big banks should take over the smaller banks. But, Ravikant Bhat of IDBI Capital Markets Services said that these banks are more inclined to run the banks independently.
Trip Chowdhry, Managing Director - Equity Research at Global Equities Research, said that rather than wasting time and money on issues like CEO Vishal Sikka's package Infosys should focus on its long term targets.
Beating analyst estimates, country‘s largest lender State Bank of India‘s net profit for the third quarter jumped 134 percent to Rs 2,610 crore from Rs 1,115.34 crore in year-ago quarter.
HDFC Bank profit in third quarter grew by 15 percent to Rs 3,865.3 crore compared with Rs 3,356.84 crore in year-ago period. Net interest income increased 17.5 percent year-on-year to Rs 8,309 crore in the quarter gone by.
Reacting to the results Ashwin Patil of LKP Securities said that these are fantastic set of numbers and he sees strong volume growth going forward.
AK Prabhakar of IDBI Capital is of the view that one may hold MEP Infrastructure Developers.
AK Prabhakar of IDBI Capital is of the view that one may prefer AIA Engineering, Bharat Electronics, Castrol and Arvind.
AK Prabhakar of IDBI Capital is of the view that one may stay invested in Idea Cellular.
Watch the interview of Prakash Gaba of prakashgaba.com and AK Prabhakar of IDBI Capital with Nigel D‘souza and Surabhi Upadhyay on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
AK Prabhakar of IDBI Capital is of the view that one may hold GMR Infrastructure with a long term view.
Infosys may slash its revenue guidance for the second time this fiscal, stung by "risks" like challenges in the banking and financial services sector and cancellation of projects.
AK Prabhakar of IDBI Capital is of the view that one may prefer Power Grid, Mahindra Holidays and Deepak Fertilizers.