RBL Bank also stated that it has appointed Alok Rastogi as Head – Corporate Centre, who will now directly handle the operations function, apart from other responsibilities
According to Pankaj Sharma of Equirus Securities, Exide Industries, Finolex Cables, Havells India and Britannia Industries should benefit from GST.
After a consistently dissapointing performance, the earnings numbers for Punjab National Bank (PNB) look better than expected, says Pankaj Sharma, Equirus Securities.
In an interview to CNBC-TV18, Pankaj Sharma of Equirus Securities shares his views on FMCG space and expects better volumes with Britannia Industries as a good choice.
"Early this week, we may continue to see volatility in Indian markets and some more downside cannot be ruled out completely," Pankaj Sharma, Head of Equities, Equirus Securities.
Pankaj Sharma, Head of Equities at Equirus Securities recommends buying Ashoka Buildcon.
Pankaj Sharma, Head of Equities at Equirus Securities is of the view that one can invest in Exide Industries.
Pankaj Sharma, Head Of Equities, Equirus Securities is of the belief that if Brexit happens then it could be a catastrophic for not only global markets but also for the Indian equity market because India has close trade relations with EU and Britain.
Hemindra Hazari, hemindrahazari.com, said most of the bad debts being identified are from large corporates. But he feels the bad debts will slowly start coming from the small and medium-sized enterprises (SME).
Watch the interview of Pankaj Sharma, Head-Equities, Equirus Securities with Anuj Singhal and Ekta Batra of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.
Pankaj Sharma, Head-Equities at Equirus Securities expects 20 percent upside in Sun Pharma.
Pankaj Sharma, Head-Equities at Equirus Securities has a positive view on Finolex Industries.
In an interview to CNBC-TV18's Ekta Batra & Anuj Singhal, Pankaj Sharma, Head-Equities at Equirus Securities gave his outlook of the market, specific stocks and sectors.
The Cellular Operators Association of India (COAI) has approached the department of telecom (DoT) opposing a Trai recommendation that spectrum in 2300 Mhz and 2500 Mhz bands should be auctioned in block sizes of 10 Mhz each.
Watch the interview of Pankaj Sharma of Equirus Securities with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Pankaj Sharma, Head-Equities at Equirus Securities is neutral on Wipro with a target of Rs 570.
According to Harendra Kumar of Elara Capital, the stock is aptly priced currently and there is no reason for either re-rating or de-rating the stock.
Nilesh Shah, MD and CEO of Envision Capital, dubbed the performance as "industry leading, peer beating", something that has happened after a long time.
The house is very bullish on Torrent Power, and sees the benefits of improving gas availability flowing in for the company, said Pankaj Sharma, Head-Equities, Equirus Securities.
In an interview with Anuj Singhal and Sonia Shenoy on CNBC-TV18, Equirus Securities' Pankaj Sharma has come out with top bets for 2016.
Pankaj Sharma, Head of Equities at Equirus Securities advises buying Reliance Industries.
Watch the glimpses from the GSMA Mobile Economy Summit 2015 in association with CNBC-TV18 where thought leaders from the digital space discuss the way forward of the mobile economy and the government‘s Digital India Vision.
Pankaj Sharma, Head-Equities of Equirus Securities he is bullish on HCL Technologies from the largecap space and KPIT Technologies, Persistent Systems, eClerx Services from the midcap sapce.
Sarabjit Kaur Nangra, VP-research from Angel Broking says while the revenue miss is disappointing, but the core matrix drivers in terms of volume has done fairly well. The miss has probably come from currency, she adds
Bharat Aluminium Company (Balco), part of the billionaire Anil Agarwal-led Vedanta Group, said work will start on the remaining three units of the power plant shortly. Vedanta holds 51 percent stake in Balco, while the remaining is with the government of India.