Saurabh Mittal of Swadeshi Credits advises selling Financial Technologies with a target price of Rs 155 and buying Shipping Corporation of India with a target price of Rs 36.
These block deals are worth nearly Rs 29 crore; out of which two block deals of 15.5 lakh equity shares have taken place on the National Stock Exchange and one is of 7 lakh shares on the Bombay Stock Exchange.
Mayuresh Joshi, VP Institution of Angel Broking recommends selling GMR Infrastructure on rallies and advises looking at Sun Pharmaceutical Industries and KPIT Cummins.
Vishal Malkan of malkansview.com advised going short in Tata Communications September futures with a target price of Rs 157 and Tata Steel September futures with a target price of Rs 262.
KPIT Cummins announced it has joined the Infor Partner Network to re-sell and service Infor's leading business application software.
Mayuresh Joshi of Angel Broking is of the view that HCL Technologies is a promising bet on declines.
The deal pipeline is getting built around automotive transportation, manufacturing and in energy and utilities verticals and the organic growth target is set at 14-16 percent in top-line
Coupled with KPIT's ERP integration expertise for large scale deployments, the partnership will enable Icertis to bring its best of breed ERP-surround products designed for rapid deployment.
KPIT Cummins Infosystems has reported a consolidated sales turnover of Rs 613.21 crore and a net profit of Rs 60.14 crore for the quarter ended Jun '13
Information Technology services provider KPIT Cummins expects that the robust deal pipeline in US and Asia Pacific regions and increased spending by clients to drive growth in the coming quarters.
KPIT Cummins pipeline is already strong. The company hopes to close some more deals in the next quarter which will again drive growth in the latter quarters
ING Vysya Bank | HOEC | L&T Finance Holding | Best Eastern | United Spirits | Indiabulls Housing Finance | Vascon Engineering | Bayer Cropscience | JSPL | Jet Airways and Fresenius Kabi are stocks, which are in the news today.
Sharmila Joshi of Peerless Securities advised buying Exide Industries with a target price of Rs 139 and Hexaware Technologies with a target price of Rs 110.
KPIT Cummins, a global product engineering and IT consulting partner to automotive, manufacturing and energy & utilities corporations, announces release of its new generation diagnostics products – "In2Soft Diagnostic Tools".
Sharmila Joshi of Peerless Securities advised buying United Phosphorous with a target price of Rs 142 and Sun Pharma Advanced Research with a target price of Rs 142.
Sharmila Joshi of Peerless Securities advised buying Alembic Pharma with a target price of Rs 168 and Escorts with a target price of Rs 80.
Aashish Tater of Fortunewizard.com advised buying Strides Arcolab with a target price of Rs 920 and Polaris Financial Technology with a target price of Rs 118.
Shahina Mukadam of Varun Capital recommends buying Puravankara Projects, KPIT Cummins, Karnataka Bank and suggests selling Idea Cellular.
Rajesh Agarwal of Eastern Financiers advised buying Mahindra Group's Mahindra Ugine with a stoploss at Rs 62 and for a target price of Rs 69.
Dipan Mehta is overweight on IT sector with rupee depreciating. Among the pharma stocks, he likes Sun Pharma, Dr Reddy's, Wockhardt and Cadila.
At Chyrscapital they like companies with large presence in domestic pharma market. They like IPCA Labs because it is a stable growth story and expect a sustainable growth of 18-20 percent growth for the long-term.
Tech Mahindra is looking good at current levels, says Dipan Mehta, Member BSE/NSE.
The technology overhaul provides KPIT Cummins with new levels of UC and enterprise mobility to meet the demands of an increasingly mobile and geographically dispersed workforce.
Lancelot D Cunha of ITI Wealth Management has recommended buy rating on Andhra Pradesh Paper, BF Utilities, Crompton Greaves and KPIT Cummins.
Pankaj Jain of Sunteck Wealthmax advised buying BF Utilities with a target price of Rs 316. Meanwhile, Aashish Tater of FortuneWizard.com recommended going short in Oracle Financial Services with a target price of Rs 2300.