Buy Aarti Industries, target price Rs 1,284: Angel Broking
The company has been constantly increasing its share of high margin downstream products which now accounts for 70 per cent of the company’s revenues. – Stocks-Markets-Economic Times
Month: July 2020
China’s blue-chip index hits five-year high on hopes of recovery, stimulus
The smaller Shenzhen index ended up 1.28 per cent and the start-up board ChiNext Composite index rose 1.574 per cent. – Stocks-Markets-Economic Times
Australian shares mark best week in a month as data drives rebound hopes
The S&P/ASX 200 index rose up to 1.1 per cent before paring early gains to close 0.4 per cent higher at 6,057.90. – Stocks-Markets-Economic Times
Motherson Sumi okays business rejig; what’s in it for minority shareholders?
Post restructuring, the promoters’ shareholding would increase to 68.15% from 61.73%. – Stocks-Markets-Economic Times
Nikkei rises on upbeat US jobs data; virus spike in Tokyo checks gains
The benchmark Nikkei average rose 0.7 per cent to close at 22,306.48. – Stocks-Markets-Economic Times
European stocks open higher after Asia bounce
Technology stocks led the gains, rising 0.8%, while insurers and banks were the biggest decliners. – Stocks-Markets-Economic Times
Accumulate Reliance, target price Rs 1,937: Angel Broking
RIL has built up a dominant telecom business and has already attained market leader status with 38.3 crore subscribers at the end of Q4FY20. – Stocks-Markets-Economic Times
Emami, HUL spar over ‘Glow & Handsome’ brand name; both claim trademark rights
Emami said it was “although shocked” but not surprised to note HUL’s “unfair business practice which has been prevalent time and again to damage our brand image”. – The … Read More
Sensex, Nifty Near 4-Month Highs As IT, Energy Stocks Jump
Gains in IT, energy and automobile shares supported the markets, however losses in metal and select banking stocks limited the upside. – NDTV Profit – Latest
Rs 62,361 Crore Refunds Issued To Over 20 Lakh Taxpayers Amid Pandemic
Income tax refunds amounting to Rs 23,453.57 crore have been issued in 19,07,853 cases to taxpayers – NDTV Profit – Latest