Buy Greenply Industries, target price Rs 110: Anand Rathi
The brokerage likes Greenply for its leading position in plywood, backward integration and strong balance-sheet. – Stocks-Markets-Economic Times
Month: July 2020
Airlines risk extinction as India refuses to bail billionaires out
Prime Minister Narendra Modi’s administration, facing a widening fiscal deficit, hasn’t doled out funds to individual industries or airlines backed by private businesses and, in some cases, billionaires. – … Read More
SGX Nifty down 45 points; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 46 points, or 0.45 per cent lower at 10,229, in signs that Dalal Street was headed for a negative start on Wednesday. … Read More
Add Piramal Enterprises, target price Rs 1,420: ICICI Securities
The brokerage remains positive on Piramal Enterprises’ unique positioning in the pharma business with its CDMO services and critical care products. – Stocks-Markets-Economic Times
Add Sun TV Network, target price Rs 452: ICICI Securities
The brokerage expects only a slight dip in EPS and has raised its EPS estimate by 7.7 per cent for FY21E on lower amortisation. – Stocks-Markets-Economic Times
Tata Steel Europe units may get Tata Sons infusion
“We are doing what can be done to be as lean and efficient as possible. It really is Tata Steel’s responsibility and we will do as much as possible to … Read More
Carlyle to acquire about 25% stake in Airtel’s Nxtra Data
This will peg the enterprise valuation of Nxtra at USD 1.2 billion – The Hindu – Industry
Petrol, Diesel Prices Remain Unchanged Delhi. Check Rates Here
Petrol, Diesel Price: Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT). … Read More
Sensex, Nifty Likely To Open Marginally Lower
The domestic stock markets are expected to open marginally in the red amid concerns over global economy as virus cases show no signs of abating. – NDTV Profit – … Read More
Carlyle To Buy Rs 1,774-Crore Stake In Bharti Airtel Data Centre Business
New Delhi-based Nxtra, a wholly-owned subsidiary of Bharti Airtel, is building multiple large data centres to capture significant growth opportunities in the country. – NDTV Profit – Latest