Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs at IIFL is overweight on Suprajit Engineering, NBCC and Godrej Properties.
SP Tulsian, sptulsian.com, talks about the sugar stocks and how sugar prices in India could go up. He also explains why it isn't a good idea to invest in Suprajit and Phoenix Lamps.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, talks about the non-banking finance companies (NBFC) sector and Excel Crop Care's acquisition by Japanese conglomerate Sumitomo.
This week has been one of narrow ranges, says Ashwini Gujral, aswanigujral.com. The volatility seen in the market may be restricted to this week. He expects the Nifty to go above 8250 in the next week.
Speaking to CNBC-TV18, Ajith Rai, CMD of Suprajit said that the company will outperform the industry by 5-10 percent in fiscal year 2017.
Prakash Diwan of prakashdiwan.in is of the view that one may prefer Alicon Castalloy from the auto ancillary space.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Idea Cellular, Mindtree, Dwarikesh Sugar, Triveni Engineering, Balrampur Chini, Suprajit Engineering, TCS, Voltas, Lloyd Electric, Alembic, Alkem, Shreyas Shipping & Logistics, Allcargo Logistics, and DCB Bank.
The board has fixed shares exchange ratio of 4 equity shares of Suprajit Engineering for every 5 shares of Phoenix Lamps as on the record date to be fixed by board of directors.
The consolidated sales of both Suprajit and Phoenix for FY17 is likely to be over Rs 1,100 crore and the deal will be a win-win for both companies, says Suprajit Engg, CMD, Ajith Rai.
Bharti Airtel | Tata Steel | BHEL | Ashok Leyland | ICICI Bank | JSW Steel | Wipro | Blue Star | Aurobindo Pharma | Bharti Infratel | Eicher Motors | Tata Motors DVR | NTPC | Bank of India | IOB and Central Bank of India are stocks, which are in the news today.
Chakan-based Suprajit Engineering is the industry leader in design and manufacturing of a wide range of control cables for car, two/three-wheeler companies as well as non-automotive companies.
Stocks that are likely to be in focus are Motherson Sumi Systems, Vedanta, Cairn India, Oil and Natural Gas Corporation, Monsanto India, Jindal Steel & Power, Sun Pharmaceutical Industries, Punj Lloyd, Quick Heal Technologies, Suprajit Engineering,Mahindra and Mahindra.
According to Prakash Diwan of prakashdiwan.in, one can buy UltraTech Cement.
Motilal Oswal is bullish on Suprajit Eng has recommended buy rating on the stock with a target price of Rs 190 in its research report dated Februrary 10, 2016.
Suprajit Engineering has reported a consolidated total income from operations of Rs 260.54 crore and a net profit of Rs 22.51 crore for the quarter ended Dec '15
Suprajit Engineering always outperforms the automotive industry growth, said CMD Ajith Rai.
Ravi Shenoy of Motilal Oswal Securities is of the view that one may prefer Gruh Finance.
In an interview to CNBC-TV18, Ambrish Mishra , Automobile Analyst - Institutional Equities Research at JM Financial spoke about the latest happenings in the automobile market.
Suprajit Engineering has reported a consolidated total income from operations of Rs 262.41 crore and a net profit of Rs 18.36 crore for the quarter ended Sep '15
Infosys | Bank of Baroda | Hero Motocorp | Tata Steel | Lanco Infratech | Hindustan Unilever | Westlife Development | Maruti Suzuki | Kolte-Patil | Cera Sanitaryware | GMR Infra | Kingfisher Airlines | Zensar Technologies and Jagran Prakashan are stocks, which are in the news today.
Prakash Diwan of prakashdiwan.in is of the view that one may look at Subros from the auto ancillary space.
Edelweiss is bullish on Suprajit Engineering (SEL) and has recommended buy rating on the stock with a target price of Rs 171, in its research report dated August 12, 2015.
Ajith Rai, CMD, Suprajit Engineering says exposure to euro will benefit the company as significant part of its overseas business is in Europe but will not affect much as core of its business is still Indian automotive.
Shares of Suprajit Engineering climbed 4.5 percent intraday Friday after the company has acquired 51 percent stake in Phoenix Lamps (which also gained 4.5 percent intraday).
Hindalco Industries | Idea Cellular | Bharti Airtel | Tourism Finance Corporation | GAIL | Praksh Industries | Premier Explosives | IIFL Holdings | Phoenix Lamps | Dish TV | Astral Poly Technik | IL&FS Engineering | DB Realty and Essar Oil are stocks, which are in the news today.