EDELWEISS GROUP
Marathons have taught Rashesh Shah how to convert intention into execution; D-St veteran travels with his running gear
Edelweiss Group boss feels running has made him a better leader.
Mohnish Pabrai's fund buys 2% stake in Edelweiss Financial Services for Rs 148 crore
Mohnish Pabrai's fund and persons acting in concert (PAC...
Price targets go up for ICICI Bank
Antique Stock Broking raised target price to Rs 570 from Rs 500 and Ambit raised it to Rs 570 from Rs 507...
Tilaknagar Industries settles its dues with Standard Chartered Bank
According to the terms of the settlement, the guarantors and Prag Distillery P. will be discharged of all their financial obligations and all pending disputes between Standard Chartered Bank and Prag Distillery will stand resolved, it said in a statement.
Diwali to Diwali: Midcaps, smallcaps shone in a Samvat year that belonged to equity
With smallcaps and midcaps gaining traction, analysts said the next Samvat could be a year for the second-rung stocks, while largecaps may deliver single-digit returns.
Cadila Healthcare surges 10% on 4-fold jump in Q2 profit
"We remain positive on Cadila on account of robust launch momentum, build-up of a complex product pipeline including injectables and transdermals, and the completion of remediation at Moraiya," said Motilal Oswal Securities.
RIL headed for 42% cut? Macquarie sees major downside post Q2 results
Edelweiss Securities and Emkay Global Financial Services retained ‘hold’ ratings on the stock with a price targets of Rs 2,105 and Rs 1,970, respectively.
Brokerages cautious on IndiGo post Q2 results
Some brokerages believe that the airline's stock price is already factoring in a recovery in FY22.
Larsen & Toubro plunges 5% on 45% drop in Q2 profit
"A low special dividend of Rs 18, sharp write offs and weaker core (execution, OPMs) are key disappointments," said Edelweiss Securities. The brokerage said it will review its call on the stock post management concall.
Brokerages stay bullish on HUL
CLSA, Edelweiss, Motilal Oswal, Nomura and Jefferies maintained buy rating while Credit Suisse retained outperform rating. Kotak Institutional Equities and IIFL have maintained an add rating, and IDBI Capital has upgraded the stock to buy from accumulate.
Britannia Industries drops 5% after Q2 results
The FMCG firm reported a 23 per cent rise in consolidated net profit to Rs 495.20 crore for the September quarter compared with a profit of Rs 405.37 crore in the same quarter a year ago.
Infosys stock likely to open up 5% today
"Infosys posted strong numbers with extremely positive guidance, can expect 4-5% gap up opening and options data shows that the highest open interest is at 1200 call," said Abhilash Pagaria, Senior Manager, Edelweiss Alternative Research.
Titan may gain 10% more on hope of strong festival season
The stock is displaying very strong momentum and in options front it has seen fresh build up at Rs 1300-1400 call options. Ahead of results, stock can gain easily 10%
Edelweiss launches India's first passive index fund for healthcare sector with MSCI
"Given the rise in lifestyle diseases and the uptick in spending to treat them, the healthcare sector is primed to grow steadily over the next decade," she said.
Angel Broking IPO opens on Sept 22, price band fixed
The offer, which will close on September 24, comprises a fresh issue of Rs 300 crore and an offer for sale aggregating to Rs 300 crore.
