Global brokerage house Morgan Stanley has an overweight call on the country's largest power producer NTPC with a target price of Rs 152 per share, implying a 34.5 percent potential upside from current levels.The stock rallied 1.6 percent intraday on December 12.The research firm believes the share price will rise in next 15 days. "Five out of six plants contributed to under-recoveries in FY19/H1FY20 have improved," it said.Close Adani Ports related news Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing? Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Equity inflows drop but SIP figures at all-time high; what should you do? Shares of Adani Ports and Special Economic Zone also gained 1.7 percent intraday on December 12 after the brokerage remained bullish on the stock.While having an overweight call on the stock with a target price of Rs 433 (potential upside of 17 percent), Morgan Stanley feels … [Read more...] about Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech
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Ujjivan Small Finance Bank listed with a massive 56 percent premium over its issue price on December 12 despite volatility in the market.The stock touched an intraday high of Rs 62.8 on the National Stock Exchange (up 70 percent) after opening at Rs 58.75 against IPO price of Rs 37. The bumper listing was on expected lines given the strong response received for the company's IPO.Combined volume on BSE and National Stock Exchange was more than 20 crore equity shares.Close Ujjivan Small Finance Bank (USFB) is a subsidiary of microfinance lender Ujjivan Financial Services. related news Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Most experts are now advising investors to hold the stock for longer term on the back of good fundamentals. Though some suggest investors can do partial profit booking and hold the rest for longer term."Ujjivan SFB's … [Read more...] about Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing?
Apple may launch an iPhone 2021 with a significant design change. The Cupertino-based tech giant would reportedly launch a ‘high-end iPhone’ without any ports. The reported design falls in line with Apple’s former Chief Design Officer Jony Ive, who envisioned the iPhone as a ‘single slab of glass’.A new report by MacRumors, citing analyst Ming-Chi Kuo’s investor note, claims that Apple would launch a high-end iPhone without the lightning port. Instead of opting for USB Type-C, Apple would reportedly go for a completely wireless experience.“Apple will create more differentiation between the highest-end and high- end models. It will benefit the shipment of the highest-end model and iPhone ASP. Among new 2H21 iPhone models, we expect that the highest-end model would cancel the [Lightning] port and provide the completely wireless experience,” reads an excerpt from Kuo’s report.Close It would be interesting to see Apple shift to a … [Read more...] about Apple’s priciest iPhone to launch without any ports in 2021, claims analyst Kuo