Buy Tech Mahindra, target price Rs 625: HDFC Securities
Pricing pressure, furloughs and delay in spend will impact growth and margins in FY21E. – Stocks-Markets-Economic Times
Month: May 2020
Trending stocks: SBI shares slip 6% in early trade
Shares of State Bank of India traded 5.88 per cent down in trade at 10:14AM on Monday . – Stocks-Markets-Economic Times
Buy Reliance Industries, target price Rs 1,618: Motilal Oswal
The stock trades at 22 times FY21E EPS of Rs 66.4 and 13.2 times FY21E EV/EBIDTA. – Stocks-Markets-Economic Times
Hindustan Unilever Shares Fall Over 5% As COVID-19 Hits Profitability
On the BSE, Hindustan Unilever shares dropped as much as 5.27 per cent to Rs 2,080 apiece on Monday. – NDTV Profit – Latest
RIL: What analysts say about Silver Lake deal, rights issue, new core biz
Shares of RIL fell 3.22 per cent to hit a low of Rs 1,419 on BSE in Monday’s trade. – Stocks-Markets-Economic Times
Trending stocks: Tata Motors share price plunges over 10%
Shares of Tata Motors Ltd. traded 10.18 per cent down in trade at 10:08AM on Monday . – Stocks-Markets-Economic Times
Buzzing stocks: Vodafone Idea, Tata Motors, RIL, HUL
RIL (Rs 1171.17 crore) was leading the pack of most active stocks in value terms. – Stocks-Markets-Economic Times
Sensex crashes 1,700 points: Key factors behind stock market rout
India VIX, the fear gauge of the market, climbed 28 per cent to cross above 43 level. – Stocks-Markets-Economic Times
Trending stocks: YES Bank shares down 3% in early trade
Shares of YES Bank Ltd. traded 3.04 per cent down in trade at 09:53AM on Monday . – Stocks-Markets-Economic Times
Buy Tech Mahindra, target price Rs 640: Edelweiss
The brokerage has trimmed its target multiple from 16.0 times earlier to 14.5 times and rollover to Q2FY22E earnings. – Stocks-Markets-Economic Times