Share market update: PSU bank shares gain; J & K Bank jumps 5%
The Nifty PSU Bank index was trading 0.65 per cent up at 1223.3. – Stocks-Markets-Economic Times
Month: June 2020
Share market update: Metal shares shine; Welspun Corp climbs 5%
The Nifty Metal index was trading 0.75 per cent up at 1967.05. – Stocks-Markets-Economic Times
Hold Voltas, target price Rs 502: Emkay Global
The brokerage remains confident of Voltas’ execution capabilities to win the market share and deliver healthy margins in the medium term. – Stocks-Markets-Economic Times
Buy Amara Raja Batteries, target price Rs 732: Emkay Global
The FY21E EPS has been reduced by 8 per cent to Rs 33.6, due to reduction in revenue estimates, while FY22E EPS has been increased by 17 per cent to … Read More
Tata Power jumps 7% on completing 51% stake acquisition in TPCODL
TP Central Odisha Distribution Ltd (TPCODL) carries out the business of Central Electricity Supply Utility of Odisha (CESU). – Stocks-Markets-Economic Times
Carmakers Offer Teaser Loans As RBI Softens Stance Amid COVID-19: Report
Teaser loans offer low interest rates for the first few months or years to attract customers, but rates are later rapidly increased. – NDTV Profit – Latest
2.1 Crore Returned To Jobs In May, Unemployment Still High: Think-Tank
Labour market conditions improved in May as a number of people returned to work, despite the unemployment rate remaining “very high” at 23.5 per cent, think-tank Centre for Monitoring Indian … Read More
Sharekhan to launch separate discount broking firm soon
A discount broker provides a platform to buy and sell order at a reduced brokerage. – Stocks-Markets-Economic Times
Buy Majesco, target price Rs 420: Anand Rathi
Majesco being a product company, the brokerage does not anticipate the EBIT margin falling in FY21. – Stocks-Markets-Economic Times
Covid beater! This biscuit maker beat the blues & sailed to a 52-week high
The stock currently has 12 ‘strong buy’, 9 ‘buy’, 9 ‘hold’ and 5 ‘sell’ ratings. – Stocks-Markets-Economic Times