Stock Analysis: One-off blues no reason to give up on Sun Pharma
Analysts have cut their price targets marginally following the hit on bottom line. – Stocks-Markets-Economic Times
Month: May 2020
Brokerages downbeat on Dabur, cut target price by 10% as Covid impact lingers
The stock is up 6 per cent over last year, while Sensex had eroded 20 per cent value. – Stocks-Markets-Economic Times
Gold Off 2-Week Low Amid US-China Tensions
Worsening relations between the world’s two biggest economies could further hobble global business activity, which is already under intense pressure due to the coronavirus crisis. – NDTV Profit – … Read More
Sensex Reclaims 32,000, Surges Over 500 Points Led By Banks
Buying in HDFC Bank, HDFC, ICICI Bank, Axis Bank and Kotak Mahindra Bank contributed over 300 points towards gain in the Sensex. – NDTV Profit – Latest
Suryoday Small Finance Bank raises Rs 62 crore to fund growth
The International Finance Corporation (IFC)-backed Suryoday said that the size of capital raising could have been higher but for the market condition. – Stocks-Markets-Economic Times
Value Pick: Anand Rathi has buy on Alkyl Amines, target price Rs 738
The brokerage believes Alkyl Amines Chemicals should continue to report better performance helped by sustained improvement in performance. – Stocks-Markets-Economic Times
Value Pick: Anand Rathi has buy on Cipla, target price Rs 738
The brokerage believes that with healthy earnings growth and core ROCE expansion over FY20-22e, Cipla’s valuations are likely to witness re-rating. – Stocks-Markets-Economic Times
Share market update: Metal shares shine; NMDC gains 4%
The Nifty Metal index was trading 1.89 per cent up at 1835.3. – Stocks-Markets-Economic Times
A Porinju favourite smallcap finds favour with Radhakishan S Damani
Radhakishan S Damani, picked over 1 per cent stake in this smallcap firm. – Stocks-Markets-Economic Times
Buy Heritage Foods, target price Rs 360: ICICI Securities
I-Sec expects Heritage to report revenue and PAT CAGRs of 11.9 per cent and 16.1 per cent, respectively, over FY19-FY22. – Stocks-Markets-Economic Times