Geojit has a buy call on ITC, target price Rs 260: Geojit
The brokerage expects ITC to fare comparatively better than its peers over the coming quarters with its operations back on track. – Stocks-Markets-Economic Times
Month: July 2020
Buy PNC Infratech, target price Rs 182: Geojit
The brokerage expects execution to pick up from the second half of FY21 as most of the HAM projects are under execution stage. – Stocks-Markets-Economic Times
Affle India hits upper circuit as firm to buy 8% stake in Indus OS
Affle will pay $2.86 million or about Rs 21 crore to Indus OS for the stake. – Stocks-Markets-Economic Times
JB Chemicals rises 4% on KKR to buy majority stake in firm
The promoter family owns 55 per cent of the company while the rest is with the public. – Stocks-Markets-Economic Times
Moody’s rates TCS, Infosys, RIL above the sovereign
Moody’s said the stable outlooks on Genpact and UPL Corporation rating reflect that they can maintain their current ratings if the sovereign was downgraded to Ba1. – Stocks-Markets-Economic Times
LIC equity investment soars 23% in Q1; these stocks delivered up to 17x return
Data available with Ace equity showed LIC betted on at least 25 penny stocks. – Stocks-Markets-Economic Times
Future Retail explores, evaluates various opportunities for stake sale
If any deal is finalised, it would be a breather for the Future Group, as promoter Kishore Biyani had defaulted on loans in March. – The Hindu – Industry
India not to import power equipment from China: R K Singh
He asked State discoms not to give orders for supply of equipment to Chinese firms. – The Hindu – Industry
Gold Futures Stuck In Narrow Range, But Hover Near Rs 48,000 Per 10 Grams
Gold Rate Today: At 12:28 pm, gold futures quoted down 0.04 per cent at Rs 48,139 per 10 grams. – NDTV Profit – Latest
JB Chemicals Soars 3% After Stake Purchase By KKR
The global investment firm KKR said that it entered into a definitive agreement to purchase a controlling stake of 54 per cent in the Mumbai-based pharma company. – NDTV … Read More