Key Highlights: The current executable order book is ~Rs 60-70 bn, the order intake was muted in Q4 FY11 due to elections in five states. The work on two key dam projects, Teesta & Parbati, is progressing well as compared to last quarter (QoQ). The order intake for FY11 was Rs 12 bn (down 42%, [...]
What is the call on Cadila and some of these other names like Lupin or Aurobindo Pharma . Very honestly I am not finding any strength in the short term either in a Lupin or an Aurobindo Pharma. Long term, they are all good patterns. Lupin specifically is a better pattern. Cadila is not weak. [...]
What is the call on KEC International? If you talk of a weekly or a monthly basis, that is the medium to long term charts, it remains sideways with a bullish bias. I will not even be bearish. I do not see 78 being broken. I do not see 86 being broken but the moment [...]
Yes Bank and Canara Bank top pick in banking space, says Rahul Mohindar, viratechindia.com. Mohindar told CNBC-TV18, “Yes Bank is definitely one, which I think the momentum would continue. To add to that, I think Canara Bank and Karnataka Bank – I would like to go with these three.” He further added, “If I wanted [...]
The Maruti Suzuki stock has witnessed tremendous volatility due to the strike news. As per the latest updates, the Haryana government has banned the strike at its Manesar plant saying that it will refer the matter to the local labor court. Moreover, Haryana government has issued a prohibitory statement against workers. The stock saw an [...]
In an interview with ET Now, Vikas Khemani, Executive Vice President & Head – Institutional Equities, Edelweiss Securities , talks about companies holding good promising future in next couple of years. Tell us a bit of about your conference and which are the companies you are planning to showcase? We have just released our mid-cap [...]
Sharekhan is bullish on Bajaj Finserv and has recommended buy rating on the stock with a target of Rs 690 in its May 18, 2011 research report. “Bajaj Finserv reported a robust 99% year on year (YoY) growth in its net profits to Rs873 crore for Q4FY2011. This was mainly driven by the profit from [...]
We had recommended this Fertilizer counter during July 2010 around 87 levels for target of 134-36 / 165. Soon after our recommendation prices moved quite well and made a swift rise to highs of 132 by Nov 2010, just about missing the first target mark. For those who managed to catch that high and book [...]
Wipro has continued to disappoint the Street with a lackluster earnings performance for Q4FY2011. It reported a 4.2% sequential growth in IT services revenues to $1,400.4 million (constant currency growth at 3.5%), which is below our expectation of $1,416.7 million. The volume grew by 1.9% quarter on quarter (q-o-q) and onsite and offshore realizations were [...]
Enter your email address below to receive updates each time we publish new content.
Stock News Personal Finance Tips Recent Video
Hanung Toys – IDBI Capital # Short Term Investment
This toy manufacturing company is witnessing some positive action after lying low since the beginning of this year. With company planning to go global its fortune seems to be showing signs of improvement. The sharp drop witnessed in November last year saw the prices halt near the value area around 188 levels and slip into [...]