Month: April 2020

In the absence of regulatory forbearance, mutual funds, which act as passthrough vehicles, are disallowed by Sebi to reschedule bonds.   – Stocks-Markets-Economic Times

Analysts said the NSE barometer needs to respect the support of 8,244, else the downside may resume.   – Stocks-Markets-Economic Times

The global shutdown of businesses around the world has wreaked havoc on financial markets as companies rush to secure cash to remain afloat while their sales dry up.   – … Read More

The brokerage has cut target price to Rs 430 from Rs 500 as it has cut EPS estimates of FY20-FY21 period   – Stocks-Markets-Economic Times

When a local manufacturer ships consignments to its overseas client, it is supposed to produce shipment related documents including invoice, and bill of lading to the local bank in India. … Read More

There may not be major improvement in fundamentals in the near term but at this valuation, any gradual improvement is adequate to re-rate the stock, said HSBC.   – Stocks-Markets-Economic … Read More

Pallonji Mistry and sons Shapoor Mistry and Cyrus Mistry, who together control the diversified SP Group, have tapped Canadian investor Brookfield for a mega $2-2.5 billion funding facility using part … Read More

The stock has been de-rated sharply due to demand uncertainty, but the brokerage has upgraded it given benign valuation and assuming normalisation od demand from second half of FY21onwards.   … Read More

As nationwide demand plummets, oil and gas players flooded with such notices.   – Stocks-Markets-Economic Times