L&T EMERGING BUSINESSES FUND
Slippage in order guidance to weigh on L&T’s performance
L&T’s stock has underperformed 12 per cent compared with the Nifty in last three months.
Citigroup has buy on L&T Infotech, target price Rs 1855
The brokerage has opened a 90-days positive catalyst watch on th stock as it expects the company to report healthy revenues in the third quarter.
Analyst Calls: Godrej Agrovet, Gujarat Gas, Lupin, L&T Infotech
Motilal Oswal has a buy rating on Godrej Agrovet with a target price of Rs 584.
L&T bags various orders in India and overseas
The construction arm of L&T has secured orders from clients across various states for its varied businesses, the company said in a filing to the BSE. L&T's power transmission and distribution business has bagged various orders in India and overseas. Additional orders have been won in ongoing projects in the Middle East, the company said.
Buy Larsen & Toubro, target Rs 1,350: Kunal Bothra
Buy Larsen & Toubro Ltd. at a price target of Rs 1350.0 and a stoploss at Rs 1275 from entry point.
'BUY' or 'SELL' ideas from experts for Friday, 6 December, 2019
L&T is a 'Buy' call with a target price of Rs 1350 and a stop loss of Rs 1275.
CLSA increases RIL share price target to Rs 2,010
CLSA’s target price on the stock is the highest among 37 brokerages tracking the stock.
Saab wants control if it wins $15 billion India jet-fighter deal
The Swedish manufacturer is in the running to supply 114 Gripen fighters in a deal valued at more than $15 billion as PM Modi seeks to modernize armed forces reliant on mostly Soviet-era equipment in the face of threats from Pak and China. Saab faces a requirement that at least 85% of the planes be built locally in partnership with Indian firms.
Goldman ups RIL price target on strong telecom outlook
The brokerage expects GRMs for Reliance Industries to rise sharply from last quarter.
L&T Technology Services wins Avionics contract from Airbus
Chief Operating Officer Abhishek Sinha said the new-age business opportunities in aviation sector call for a “transformative” approach including fresh ideas, elaborate evaluation of best-fit technology solution and capability to accelerate business growth through innovation.
Wall Street rises on renewed hopes of trade deal
Google-parent Alphabet Inc rose 1.5% as Sundar Pichai took over as chief executive officer after Larry Page and Sergey Brin stepped aside.
Analyst Calls: Tata Power, Persistent, L&T Finance, JSPL
Morgan Stanley has maintained underweight rating on Avenue Supermarts and revised target price to Rs 1,500 from Rs 1,120.
YES Bank slips 7% even as Capital Int'l commits to invest $120 million
YES bank plans to raise $2 billion on a preferential allotment basis from eight investors.
Globalise bond market, ease access: Global asset managers tell Modi govt
The respondents felt Indian corporate bond market requires greater depth.
US-based Capital Int’l commits to invest $120 million in YES Bank
The bank plans to raise $2 bn on a preferential allotment basis from eight investors.
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