Posts

Showing posts from June, 2020

Buy Gujarat Pipavav Port Ltd; Target Rs. 85

Image
Gujarat Pipavav Port Ltd (GPPL) has officially announced a consolidated sales of Rs. 161.94 Crore for the quarter finished on 31-03-2020, which is -17.62% down from its previous quarter sales of Rs. 196.58 Crore and -10.10% down from its previous year’s same quarter sales of Rs. 180.13 Crore. The firm has also announced its net profit after tax of Rs. 47.90 Crore in the most recent quarter. Gujarat Pipavav Port Ltd (GPPL)  is a buy call with a target of Rs. 85.

Axis, IIFL, ICICI Prudential AMCs are top contenders

Image
To  begin  with, the Axis MF, IIFL MF, and ICICI Prudential Mutual Fund are the  3   pinnacle  contenders to  reap  the L&T Finance Mutual Fund  commercial enterprise . These  3   businesses  have  well known   about  the  communique   among  the L&T Mutual Fund and its parent  business enterprise   L&T Finance . Along with these  3  asset  management   companies  another  3   investment   groups  interested  to shop for  the L&T Mutual Funds . Moreover, Avendus Capital and  some of  the private  fairness   gamers  decide  to shop for  a 10% to 15% L&T Mutual Fund. Also, the New York Based  organizations  Blackstone Group and ChrysCapital  decided  to  buy  a 10% to 15% L&T MF stake. As of now, the  handiest  of the HDFC MF and Nippon MF are the  listed  asset  management   businesses   in the   inventory  exchanges. The AMCs  shares  attracting the private  fairness  player  because of  its low  investment  with a  high  valuation.

Buy Infosys Ltd, Bandhan Bank Ltd & Indiabulls Housing Finance Ltd

Image
Buy Infosys Ltd: Infosys Ltd  (INFY) is a buy call with a target price of Rs. 735 and a stop loss of Rs. 710. Buy  Bandhan Bank Ltd: Bandhan Bank Ltd  (BANH) is a buy call with a target price of Rs. 272 and a stop loss of Rs. 256. Buy Indiabulls Housing Finance Ltd: Indiabulls Housing Finance Ltd  (INBF) is a buy call with a target price of Rs. 160 and a stop loss of Rs. 144.

Buy KEC International Ltd & Polycab India Ltd

KEC International Ltd  is a buy call with a target Rs. 267. And officially announced a consolidated sales of Rs. 3,671.00 Crore for the quarter finished on 31-03-2020, which is 19.46% up from its previous quarter sales of Rs. 3,073.11 Crore and -4.43% down from its previous year’s same quarter sales of Rs. 3,841.17 Crore. The firm has also announced its net profit after  tax  of Rs. 192.88 Crore in the most recent quarter. Polycab India Ltd  is a buy call with a target Rs. 857. And officially announced a consolidated sales of Rs. 2,129.38 Crore for the quarter finished on 31-03-2020, which is -15.07% down from its previous quarter sales of Rs. 2,507.31 Crore and -12.90% down from its previous year’s same quarter sales of Rs. 2,444.80 Crore. The firm has also announced its net profit after tax of Rs. 220.93 Crore in the most recent quarter.