Govind Parikh of Govind Parikh Securities says selling right is more important than correct buying. He says it is necessary to keep a lot of cash. "We keep an average 10 percent cash in our portfolio," he says
Motilal Oswal has come out with its report on cement industry. The research firm, has preferd ACC, Shree Cement in large caps and Madras Cement, Dalmia Bharat and Birla Corp in mid caps, in its research report dated November 27, 2013.
Jaspreet Singh Arora, Senior Analyst - Cement & Construction - Institution Equity of Anand Rathi advises to prefer UltraTech Cement from largecap cement space and Shree Cement from midcap cement space.
SP Tulsian of sptulsian.com recommends to buy Mangalore Chemicals with a day target of Rs 45.50 and buy Edelweiss Financial with a day target of Rs 33.50.
SP Tulsian of sptulsian.com recommends to buy Mangalore Chemicals with a target price of Rs 45.50 and Edelweiss Financial with a target price of Rs 33.50.
SP Tulsian of sptulsian.com advised selling JSW Steel with a target price of Rs 702 and selling Jaiprakash Associates with a target price of Rs 62.
SP Tulsian of sptulsian.com advised going long on Mahindra Satyam and Madras Cement. These stocks can rally 5-7 percent next week, he added.
SP Tulsian of sptulsian.com advises investors to be short on companies that have huge foreign debt owing to the depreciating rupee. He asks them to watch out for key announcements next week.
Asian Paints and Berger Paints are the preferred bets from paint space, says SP Tulsian of sptulsian.com. He think that as Berger Paints corrected can again give a return of about 5 to 7 percent in the next one week.
SP Tulsian of sptulsian.com advised going long in Bata India and Madras Cement at current levels.
Madras Cement is looking good among cement stocks, says Sudarshan Sukhani, s2analytics.com.
Buy Madras Cement, says Sudarshan Sukhani of s2analytics.com.
Technical analyst, Sudarshan Sukhani, s2analytics.com said that it is not just the weak global context; it is also the fact that our market is already in a downtrend. The market appears to be heading lower.
Firstcall Research is bullish on Madras Cement and has recommended buy rating on the stock with a target of Rs 273 in its February 14, 2013 research report.
India's cement industry will witness a sharp recovery in cement prices in fiscal 2013-14, on improving supply-demand dynamics and the government action to fast track infrastructure projects, analysts say.
Microsec has come out with its report on "India Strategy - Dec 2012". The research firm believes that, Nifty is likely to trade 12.7-13.2xFY14 (E) earnings, which makes a range of 5753-5980 for December trading.
The Competition Appellate Tribunal started hearings on the plea of 11 cement companies seeking stay on Rs 6,307 crore penalty imposed by fair trade regulator CCI on the grounds of cartelisation.
Prakash Diwan, Prakash Diwan's Wealth Circle is of the view that Madras Cement, Shree Cement can give 10-15% upside.
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy of the day.
Eleven cement makers whom the fair trade regulator CCI has found guilty of adopting anti-competitive practices, today approached Competition Appellate Tribunal (COMPAT) challenging its July 30 findings.
Competition Appellate Tribunal (COMPAT) today asked fair trade regulator CCI to give fresh copies of its order levying over Rs 6,300 crore in penalties on 11 cement companies for cartelisation, providing them with complete details on production, pricing and sales.
Emkay Global Financial Services has come out with its report on cement space. The research firm prefers Grasim, ACC, Shree Cement & Madras Cement.
Competition Appellate Tribunal today served notices to the Competition Commission and the Builders Association of India, on whose complaint the fair trade regulator had imposed a penalty of Rs 6,307 crore on 11 cement firms on charges of cartelisation.
In CNBC-TV18's popular show Bull's Eye, Prakash Diwan, Prakash Diwan's Wealth Circle shares trading strategy of the day.
The Competition Commission of India (CCI) has pulled up 11 cement companies for forming a cartel and has penalized them with a fine of around Rs 6,000 crore. The commission has asked the companies to pay up 50% of their FY10 profits as penalty.