Demonetisation and an increase in raw material prices have dealt a double whammy to the cement sector. How long will this pain last? Will there be demand recovery in 2017? CNBC-TV18's Latha Venkatesh & Sonia Shenoy asks the experts.
A significant impact on these IT companies following the event may come in another 12-24 months, says Rahul Jain, Vice President at Systematix Shares and Stocks.
According to Jaspreet Singh of Systematix Shares acquisition of these cement units would increase the company‘s capacity 50 percent from the current 10 mtpa.
Systematix Shares has recommended traders to buy Havells India and sell Bank of India March Future for the target price of Rs 869 and Rs 191 respectively in its research report dated March 13, 2014.
Systematix Shares is bullish on Mahindra & Mahindra Financial Services, Jai Corp and has recommended traders to buy both the stocks for the target price of Rs 285 and Rs 74 respectively in its research report dated March 11, 2014.
Systematix Shares is bullish on NIIT Technologies, Cox & Kings and has recommended traders to buy both the stocks for the target price of Rs 460 and Rs 165 respectively in its research report dated March 06, 2014.
Systematix Shares has recommended traders to buy Polaris Financial Technology on dips till Rs 137 with a stop loss of Rs 133 for a target price of Rs 147 and to short sell Andhra bank Jan future on rise till Rs 57.50 with a stopâ€loss of Rs 59.10 for a target price of Rs 55 in its research report dated January 28, 2014.
Systematix Shares is bullish on Alstom T&D India, Housing Development and Infrastructure (HDIL) and has recommended to buy both the stocks for target price of Rs 194 and Rs 52 respectively, in its research report dated December 19, 2013.
Systematix Shares is bullish on Dishman Pharmaceuticals & Chemicals, TVS Motor Company and has recommended to buy both the stocks for target price of Rs 93 and Rs 59.50 respectively, in its research report dated December 18, 2013.
Brokerage house Systematix Shares is bullish on Va Tech Wabag and has recommended buy rating on the stock with a target price of Rs 590 in its November 26, 2013 research report.