In today’s edition of Moneycontrol Pro Panorama: A PhD dropout’s trading journey, economy’s cues for the market, oil prices hit a soft stretch, SAIL sets sail for better show, Berger Paints’ valuation issue and more
Motilal Oswal is bullish on SAIL recommended buy rating on the stock with a target price of Rs 96 in its research report dated August 11, 2022.
Coal India's jaw-dropping Q1 results have got CJ excited for what lies ahead for the stock but Santo believes that the anti-ESG brigade and PSU tag will not let stock see its record highs anytime soon. Watch the duo debate whether Coal India should be fancied by long-term investors or not. Plus the duo share their thoughts on Hindalco, IndiGo and SAIL.
It had clocked Rs 3,897.36 crore in the April-June period of 2021-22 fiscal, Steel Authority of India Limited (SAIL) said in a regulatory filing.
India has proposed selling 100 percent stake in RINL along with management control by way of privatisation, a proposal which has led to agitation by trade unions
SAIL, a state-owned company, announced on Tuesday that Anil Kumar Tulsiani has taken over as Director (Finance) as of Monday.
Motilal Oswal is bullish on SAIL recommended buy rating on the stock with a target price of Rs 90 in its research report dated May 24, 2022.
Net Sales are expected to increase by 30 percent Y-o-Y (up 20 percent Q-o-Q) to Rs. 30,375 crore, according to ICICI Direct.
In a statement, the company said it has delivered one of its best physical performances during the quarter as well as nine months ended December 31, 2021.
Net Sales are expected to increase by 28 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 25,337 crore, according to ICICI Direct.
F&O Ban List | Derivative contracts in these six securities crossed 95 percent of the market-wide position limit and hence they are on the ban list, the NSE said.
Motilal Oswal is bullish on SAIL recommended buy rating on the stock with a target price of Rs 142 in its research report dated December 13, 2021.
Here is what Vikas Jain of Reliance Securities, recommends investors should do with these stocks when the market resumes trading on November 2.
Domestic steel giant on October 29 reported an over 10-fold jump in its consolidated net profit at Rs 4,338.75 crore for Q2 of FY2021.
During the July-September period, the company said its total consolidated income also increased to Rs 27,007.02 crore, from Rs 17,097.57 crore in the corresponding quarter of the previous fiscal.
Net Sales are expected to increase by 57 percent Y-o-Y (up 29 percent Q-o-Q) to Rs 26,563 crore, according to ICICI Direct.
After some profit-booking in the past week, stocks are likely to be rangebound in the week ahead, analysts said.
Metal prices are expected to remain high in the short to medium term as demand continues to rise and there is uncertainty about supply keeping pace, experts say.
Last month, the domestic major returned to the black, posting a consolidated net profit of Rs 3,897.36 crore for the June 2021 quarter. The company had posted a Rs 1,226.47-crore net loss in the year-ago quarter.