Buy Jindal Steel & Power, target price Rs 213: ICICI Securities
The brokerage does not see any solvency issue for JSPL given the current scenario of a quarter-long disruption. – Stocks-Markets-Economic Times
Month: July 2020
Stocks adrift, havens sought as virus fears cast shadow over recovery
Hong Kong markets were closed for a holiday on Wednesday to mark the anniversary of the former British colony’s return to China in 1997. – Stocks-Markets-Economic Times
GST revenue collections in June at ₹90,917 crore
The government had allowed a relaxed time schedule for filing of Goods and Services Tax (GST) returns. – The Hindu – Economy
Sensex Gains Over 400 Points As Financial Stocks Lead Gains
Domestic stock markets have strengthened further on Wednesday afternoon, building on their early gains, due to buying interest in financial and pharma stocks. – NDTV Profit – Latest
Top wealth creators of H12020: Stocks that defied gravity to rally up to 1,600%
Year to date, the indices are down 15 per cent, thanks mainly to the Covid-19 disruption. – Stocks-Markets-Economic Times
Should you buy ONGC shares post first-ever quarterly loss?
According to Edelweiss, ONGC missed estimates by 63 per cent primarily due to a one-time impairment loss worth Rs 4,890 crore towards crude oil or gas inventory. – Stocks-Markets-Economic … Read More
Buy Greenply Industries, target price Rs 113: ICICI Securities
The brokerage has cut its revenue/ PAT estimates by 0 per cent/4.9 per cent and 1.9 per cent/4 per cent for FY21E/FY22E, respectively. – Stocks-Markets-Economic Times
GST revenue collections in June at ₹90,917 crore
The government had allowed a relaxed time schedule for filing of Goods and Services Tax (GST) returns. – The Hindu – Economy
Maruti Suzuki sales down by 53.8%, sells over 51,000 cars in June
Production across plants is being progressively increased consistent with maximum efforts to ensure safety and subject to the availability of employees, it said – The Hindu – Industry
First Quarter GST Collection Dips 41% From Last Year
GST collections for April, May and June dipped 72%, 38% and 9%, respectively on a year-on-year basis – NDTV Profit – Latest