Vineet Agarwal, MD of Transport Corporation of India said that the company has revised its revenue growth guidance to 10-15 percent in FY16 and topline and profit guidance to 10-15 percent for FY17 on back of expectations of strong economic growth.
However, its total income from operations declined marginally to Rs 551.46 crore during the October-December quarter as against Rs 555 crore in the year-ago period, the company said in a statement.
Tata Motors | TVS Motor | DLF | Sun Pharma | Wipro | Tech Mahindra | Hero Motocorp | Balaji Telefilms | Maharashtra Seamless | Gujarat Siddhi | Shalimar Paints | EID Parry | Aban Offshore and State Bank Of Travancore are stocks, which are in the news today.
Vishal Malkan of www.malkansview.com advises buying Jubilant Life with a target of Rs 475.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy NCC with a target of Rs 90.
Karvy has recommended hold rating on Transport Corp with a target price of Rs 358 in its research report dated December 01, 2015.
Vineet Agarwal of Transport Corporation of India (TCI) says there was some improvement in demand during the festive season, but it fell almost immediately.
Rakesh Bansal of VP, RK Global advises buying Tata Motors DVR with a target of Rs 311.
Mayuresh Joshi of Angel Broking is of the view that one may look at Transport Corporation of India and VRL Logistics.
Dolat Capital is bullish on Transport Corp and has recommended buy rating on the stock with a target of Rs 333 in its October 30, 2015 research report.
Transport Corporation of India(TCI) had reported a net profit of Rs 21.37 crore for the second quarter of the last fiscal. However, total revenue was almost flat at Rs 562.16 crore during the July-September quarter.
Dr Reddy's Labs | Yes Bank | Tata Motors | Hero Motocorp | Nestle India | SAIL | Sun Pharma | Amtek Auto | REI Agro | Strides Arcolab | Aditya Birla Nuvo | Sun Pharma Advanced Research | Cipla | Jaiprakash Associates | Asian Paints | JK Tyre | Raymond | KEC International | Just Dial and Torrent Power are stocks, which are in the news today.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Transport Corporation of India (TCI), Hindustan Zinc, United Spirits, Suzlon Energy, ELGI Equipments, Genesys International Corp & ICICI Bank.
Post the demerger, shareholders will get 1 share of TCI Express for every 2 shares of TCI held.
In an interview to CNBC-TV18, Nischal Maheshwari, Co-Head, Institutional Equities & Head-Research at Edelweiss Securities shared his readings and outlook on the upcoming earning season.
"The quality of the rally is a little worrying as beaten down names such as Jaiprakash and Lanco Infra are the stars of this rally," says Ajay Srivastava, CEO of Dimensions Consulting
Mayuresh Joshi of Angel Broking likes Axis Bank and ICICI Bank from the private banking space and Infosys from the IT space. 'We also like Transport Corporation of India, Inox Wind and Bajaj Electricals," he added.
Mayuresh Joshi of Angel Broking prefers JK Lakshmi Cement on declines and likes Transport Corporation of India.
Neeraj Deewan of Quantum Securities is of the view that one may look at AxisÂ Bank, BEL, KEL International, Transport Corporation of India and Gateway Distriparks.
Karvy Stock Broking is bullish on Transport Corporation of India and has recommended buy rating on the stock with a target price of Rs 300, in its research report dated August 27, 2015.
Speaking at CNBC-TV18‘s investor‘s camp, Porinju Veliyath of Equity Intelligence India talks about his multi-bagger ideas on five quick stock picks:
Angel Broking is bullish on Transport Corporation of India and has recommended accumulate rating on the stock with a target of Rs 293 in its research report dated August 3, 2015.
Agarwal sees a 5-10 percent volume growth for this quarter, as the festive season has been pushed back a little
With earnings season on, here is the list of stocks rallying on results released this week.
Sachin Shah of Emkay Investment Managers is of the view that one may prefer Gateway Distriparks and Transport Corporation.