Share market update: Cummins India, PTC Industries among top gainers on BSE
Among the 50 components in the Nifty index, 46 shares were trading in the green, while 4 were in the red. – Stocks-Markets-Economic Times
Month: January 2020
Budget 2020: Roadbuilders’ Shares Surge On Hopes Of Big Boost
The rally is being led by belief that Finance Minister Nirmala Sitharaman will need to do more to revive economic growth from the lowest since 2008. – NDTV Profit … Read More
Sensex Rises Over 200 Points, Nifty Crosses 12,100 In Early Trade
Union Budget 2020: Analysts say the markets are likely to remain volatile until the government presents the Union Budget on February 1, when it may also unveil more measures to … Read More
CLSA has maintains outperform on Torrent Pharma, raises target price to Rs 2,050
The brokerage has raised earnings estimates by 1-3% after Q3 earnings beat estimates. – Stocks-Markets-Economic Times
Credit Suisse upgrades United Spirits to outperform, target price Rs 700
The analyst suggested a stoploss at Rs $stopLossL . – Stocks-Markets-Economic Times
Ontario Teachers, Capital International in talks to buy a stake in NSE
However, a source close to Tiger Global said the US fund is likely to continue as a shareholder in the exchange. – Stocks-Markets-Economic Times
ICICIdirect has buy on TCI Express, target price Rs 1,020
Low leverage, a robust growth trajectory and high core return ratios, position TCI Express as one of the preferred picks in the logistics space, said ICICIdirect. – Stocks-Markets-Economic Times
Investors pile into Indian roadbuilders’ shares
FM Nirmala Sitharaman outlined $1.5 trillion in infrastructure investment last month. – Stocks-Markets-Economic Times
UBS maintains buy on InterGlobe Aviation, raised target price to Rs 2,150
Third quarter revenues surpassed expectations on better load factor, yield and ancillary revenues, said UBS. – Stocks-Markets-Economic Times
IIFL Securities initiated buy on Brigade Enterprises, target price Rs 302
The brokerage expects Brigade’s operating cash flows to clock above 20% compounded growth over FY19-22. – Stocks-Markets-Economic Times