Bloomberg Quint. Ex ET NOW. Views are personal. RT do not mean endorsements. Information given is not channel view. Comments on stocks is not a recommendation.
Cadila Healthcare drops to days low on fears of delay in approval for key drug Doxil....
UBS recommends buying Aegis Logistics for 265 target as upcoming infrastructure projects provide good visibility on future growth MS cuts Dilip Buildcon target to 504 from 722 and upgrades NTPC to OW from EW, TP 152 from 147
GS upgrades Exide to Buy, Target 230 from 215 GS downgrades Wipro to Sell (from Neutral) and TCS and Mphasis to Neutral (from Buy) Macquarie downgrades IGL to Neutral from Outperform on valuations. Target 420
Big buyers in Zee block GOVERNMENT OF SINGAPORE - 866 cr SOCIETE GENERALE - 507 cr SBI MUTUAL FUND - 265 cr JNL INVESCO - 250 cr BLACKROCK - 246 cr SMALLCAP WORLD FUND - 233 cr NORGES BANK - 212 cr HSBC - 208 cr KEY SQUARE - 182 cr FIDELITY - 170 cr
Madness in pharma space led by Sun Pharma....which is up 8% now.....DRL following now...Divis at new highs
BPCL up 45% from the time Bloomberg first reported BPCL privatisation....which will soon happen as reality....Only True News; No Fake News....
Good note on DRL....SBI Caps upgrades
Watch out for Sun Pharma....Taro buyback is on....interesting point buy CS.....Taro's buyback is penultimate step to taking it private....If Sun's stake goes above 90%, they get access to $1.5 bn of Taro's cash.....this is a big trigger
SEPTEMBER TRAI DATA Reliance Jio has added 6.98 million mobile users Bharti Airtel has lost 2.38 million mobile users Vodafone Idea has lost 2.58 million mobile users
Yes Bank GS: Impact of incremental GNPA appears manageable as nearly half of the incremental GNPA is already part of the BB and below book JPM: Continue to see downside risk to asset quality given the macros MS: Expect slippages at Yes Bank to remain high; Maintain UW
Yes Bank Disclosed the NPL divergence identified by the RBI on receipt of the Risk Assessment Report for FY19 Divergence in GNPA Position at Rs 3277 cr; Divergence in Provisioning at Rs 978 cr Board meeting by the end of month to finalize the Bank’s capital raise
Reliance Industries MS: Price hike by 3 private players has the potential to significantly alleviate stress in the industry Alert: RIL GDR ended up 6.5%....RIL market cap set to cross Rs 10 lk cr if rally continues
Reliance Industries Jio said that it will increase tariff in the next few weeks Company also stated that TRAI is likely to initiate a consultation process for tariff revision CS: Expect annual cash flow of US$1.5 bn from price increase, Raise target to Rs 1400 from Rs 1210
Siemens Q4 Results below estimates Revenues aided by Gas & Power and Smart Infra Segments; Mobility weak PAT boost on account of higher other income Margins impacted due to higher RM and project setup costs
GLOBAL CUES US and Europe end weak; Asia and SGX Nifty down Crude falt after dropping 2.5% overnight LME base metals mixed...Lead up 2%, Nickel down 1% DCE Iron ore up 0.6% whil Steel Rebar gains 1.8% Coffee drops 2.8% in NY; Sugar down 0.5%
Will RIL hit 10 lk cr market cap today?
Rana Kapoor's now owns 900 shares in Yes Bank post selling 0.8% stake
Max financial is a laggard in insurance rally....up 12 over 1 year vs 50-65% returns for others like SBI life, ICICI life and HDFC Life
Maquarie raises ICICI Bank target to 615