Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about D-Street Buzz: Metal stocks shine led by Hindalco, SAIL; Tata Steel, Vedanta, JSPL rise 3% each
Stocks
Brokerages bullish on Tech Mahindra; stock price rises marginally
"We keep our estimates unchanged for FY20 and FY21. The stock trades at 14 times one-year forward P/E, in line with its long-term average. Our target price implies a marginal re-rating to 15 times on the back of the decent near-term growth prospects despite slowing demand," said Motial Oswal. … [Read more...] about Brokerages bullish on Tech Mahindra; stock price rises marginally
We expect mid and small-cap stocks to better in 2020: VK Sharma
APL Apollo Tubes is the largest producer of ERW steel pipes and Sections in India. The ERW market is expected to grow around ~10-12% CAGR every year. Company has a diversified product portfolio in structural steel sector an recent acquisition of Apollo Tricoat will enable company to expand its portfolio in the high margin segment. Revenue/EBITDA/PAT is expected to grow at CAGR of ~18.5/31/57% respectively. The stock is available at lucrative valuations of ~11x FY21E earnings. … [Read more...] about We expect mid and small-cap stocks to better in 2020: VK Sharma
Taking Stock: PM Modi’s pep talk at global event lifts sentiment; Nifty reclaims 10,800 levels
CG Power and Industrial Solutions stock fell almost 5 percent after Yes Bank sold 16.65 million shares, constituting 2.66 percent of the paid-up share capital, of the company in multiple tranches over the past few days, the lender said in a filing to stock exchanges. … [Read more...] about Taking Stock: PM Modi’s pep talk at global event lifts sentiment; Nifty reclaims 10,800 levels
“Buy when there’s virus in the streets”
FM: Look on the bright side. If enough people die, even if GDP comes down, per capita income would go up. And since more elderly people would die, the demographic dividend would go up, productivity would increase and India can take its rightful place as a developed economy. Buy stocks. … [Read more...] about “Buy when there’s virus in the streets”
