The Nifty50 is likely to open higher on Thursday tracking positive trend seen in other Asian markets. The index closed 95 points lower at 10,154.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Capital, Prism Cement and Future Consumer.
Motilal Oswal is bullish on Prism Cement has recommended buy rating on the stock with a target price of Rs 140 in its research report dated 8 August 2017.
We believe the current breather will make the markets healthier by hiving off overbought conditions developed after the steady rise over the last five months.
Sanskar Ceramic, a step-down joint venture of Prism Cement, has successfully completed the expansion of 4.2 million m2 (MSM) per annum vitrified tiles capacity at its Dhuva plant, Morbi.
Ashwani Gujral of ashwanigujral.com is of the view that Bhushan Steel can move 10-15 percent higher while Escorts may test Rs 650.
Ashwani Gujral of ashwanigujral.com recommends buying Anant Raj, Chambal Fertilisers, Vijaya Bank, CESC and Prism Cement.
Prism Cement gets letter of intent from the Madhya Pradesh government for allotment of cement grade limestone mining lease and rises 9 percent intraday Friday hitting a 52-week high of Rs 129.20.
Fund house’s MD, Nilesh Shah, recommends that investors must invest in the market through SIPs as the time to make easy money is now over.
Satish Gupta of astrostocktips feels that cement stocks like India Cement, UltraTech Cement, Shree Cements, Ambuja Cements, Mangalam Cement and Prism Cement will get astrological support.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- DLF, Neuland Labs, Prism Cement, and Jaiprakash Power.
"The company has successfully bid for 18,300 tonnes per annum of coal from Southern Eastern Coalfields Ltd in recently held auction of coal linkages for the cement industry," the company informed BSE yesterday.
Ashwani Gujral of ashwanigujral.com recommends buying V-Guard Industries, India Cements, BHEL, Federal Bank and Gujarat State Fertilizers & Chemicals.