We estimate Nilkamal's consolidated revenue and PAT to grow by 10 percent & 19 percent CAGR over FY18-20E.
The stock can be bought in the range of Rs 1,705-1,710 for targets of Rs 1,895-1,975, keeping a stop loss below Rs 1,600.
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 27.50 points or 0.26 percent. Nifty futures were trading around 10,666.50-level on the Singaporean Exchange.
Satish Gupta of astrostocktips is of the view that housing finance stocks like DHFL, Indiabulls Housing, Can Fin Homes and Gruh Finance will get astrological support.
Most analysts expect crude oil prices to remain rangebound with upside capped at around USD 55 barrel and unlikely to fall below USD 40 to conclude that it is in a bear territory.
Ashish Kyal of wavesstrategy.com recommends buying Kaveri Seed Company with a target of Rs 675 and Nilkamal with a target of Rs 2200.
Igarashi Motors has reported 3.8 percent decrease in its Q4 net profit at Rs 17.9 crore, while its revenue was up 1.4 percent at Rs 128.4 crore.
In FY17, midcaps have delivered 35 percent positive returns, as against nearly 19 percent by the Nifty.
SP Tulsian of sptulsian.com, explains why he thinks JSW Energy, despite poor numbers, may quickly see an improvement. He also tells why he is bullish on JM Financial.
ICICI Bank | Shree Cement | PNB | Lupin | Tata Motors | Dena Bank | Amara Raja Batteries | Union Bank | United Breweries | Mangalam Cement | Indian Hotels | Munjal Auto | Central Bank Of India | Aditya Birla Fashion and GMR Infra are stocks, which are in the news today.
Infosys | Cipla | Dr Reddy's Labs | Equitas Holdings | Inox Wind | Ujjivan Financial | NBCC | Manpasand Beverages | FIEM Industries | R Systems | ENIL | Tara Jewels | Motherson Sumi | Bombay Dyeing | Avantel | Texmaco Rail | MRPL | Jubilant FoodWorks | Ushdev International and Alstom India are stocks, which are in the news today.
In an interview to CNBC-TV18, Ajay Bodke, CEO & Chief Portfolio Manager (PMS) at Prabhudas Lilladher Pvt. Ltd shared his readings and outlook on market, specific stocks and sectors.
Dynamic level's is bullish on Nilkamal has recommended buy rating on the stock with a target price of Rs 1620 in its research report dated May 18, 2016.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his views on various sugar stocks and sais that he keeps a positive stance on UP based sugar mills.
According to Satish Gupta of Astrostocktips, plastic stocks like Nilkamal, Supreme Industries, VIP Industries, Tokyo Plast and Acrysil India will get astro support.
According to Satish Gupta of astrostocktips, auto stocks like Mahindra & Mahindra, Ashok Leyland, Bajaj Auto, SML Isuzu, Force Motors and Escorts will get astro support.