Buy Thermax, fair value Rs 870: Kotak Institutional Equities
the brokerage takes comfort from the company’s large cash position and commitment to prioritise cash over revenues. – Stocks-Markets-Economic Times
the brokerage takes comfort from the company’s large cash position and commitment to prioritise cash over revenues. – Stocks-Markets-Economic Times
On the daily chart, the index formed a bearish candle with a lower wick. This suggests that the intraday recovery was sold into. – Stocks-Markets-Economic Times
Hero MotoCorp with its high rural exposure, should benefit from the prospect of relatively strong rural demand. – Stocks-Markets-Economic Times
Axis Bank’s CDs traded as high as 7.75 per cent before RBI announced an unscheduled bi-monthly policy last Friday. These instruments are now trading in the range of 3.90-5.90 per … Read More
The futures OI slipped to 199,434 contracts on the NSE, the lowest since November 2015. – Stocks-Markets-Economic Times
Ethanol is an active ingredient in the production of hand sanitisers and is manufactured by sugar mills in India. – Stocks-Markets-Economic Times
Japan’s Nikkei firmed 1.0% after a jittery start, while South Korea added 2%. – Stocks-Markets-Economic Times
Some lenders, particularly private sector institutions, fear that if a large number of borrowers refuse to service loans, Reserve Bank of India’s measures to soften the blow from Covid-19 could … Read More
The move reflects the acute distress the industry is going through after a nationwide lockdown forced by the Covid-19 virus outbreak resulted in shuttering of manufacturing facilities and dealerships for … Read More
The maker of Royal Enfield motorcycles has suspended payments to a few of its suppliers. – Stocks-Markets-Economic Times