Buy Fortis Healthcare, target price Rs 174: ICICI Securities
The brokerage expects business improvement to continue and estimate revenue, EBITDA and PAT CAGRs at 9.9 per cent, 17.5 per cent and 41 per cent respectively over FY20-FY22E. – … Read More
Month: March 2020
Sell Bharat Forge, target price Rs 233: Dharmesh Shah
The analyst suggested a stoploss at Rs 256 . – Stocks-Markets-Economic Times
Buy Divi’s Laboratories, target price Rs 1,975: Dharmesh Shah
The analyst suggested a stoploss at Rs 1840 . – Stocks-Markets-Economic Times
Sensex, Nifty Open Higher
On Monday, the Sensex had ended 1,375.27 points (4.61 per cent) lower at 28,440.32 – extending losses to a second straight session, and the Nifty settled at 8,281.10, down 379.15 … Read More
Markets Likely To Have A Positive Start
The MSCI’s broadest index of Asia-Pacific shares outside Japan rise 1.1 per cent. Japan’s Nikkei firmed 1 per cent after a jittery start, while South Korea added 2 per cent. … Read More
PE major Bain Capital’s Axis Bank deal under margin pressure
Freefall in Axis shares — pledged as collateral — leads to calls for more cash, global guarantees by PE’s lenders. – Stocks-Markets-Economic Times
Companies caught in disclosure dilemma
Sebi’s regulations mandate companies to disclose any material development on a continuous basis. However, disclosing the same in the current scenario could lead to a sharp sell-off in their stocks. … Read More
Buy Sun Pharma, target price Rs 440: Jefferies
The brokerage believes the stock already factors in no improvement and values ex-India business at distress level. – Stocks-Markets-Economic Times
US can well afford trillions in relief debt: Bullard
The Fed has slashed interest rates to almost zero and pumped hundreds of billions of dollars into credit markets to ensure they continue to function and tide the economy over … Read More
Deferring credit card, personal loan payments may cost more
Industry experts have pointed out that the central bank relaxation guidelines only cover deferment of principal amounts and lenders may still opt to accrue compounded interest rates in this period, … Read More