"IRCTC provides a one-stop solution to its customers, which gives IRCTC an upper hand over rivals, especially in the travel and tourism segment. Further, it has decent financials, zero debt on books and a strong balance sheet," said Ajit Mishra, VP – Research, Religare Broking. … [Read more...] about IRCTC rallies 500% since listing; is the end of the road near?
Cement sheet price list
The decline in the debt-equity ratio will be led by improved performance and the absence of major capacity expansion in the near term, said Elara. This will deleverage the balance sheet and will help in generating free cash flow of Rs 320 crore over FY20-21E, it added. … [Read more...] about After a 435% return in 5 yrs, has APL Apollo Tubes run out of steam?
Reliance Securities re-iterated hold rating on the stock with a revised target price of Rs 1,221. "The current economic slowdown is likely to impact the quarterly run-rates however Titan is likely to return the higher growth path once the consumer spending picks up in the economy. Hence, we continue to value Titan at 50x based on FY21E EPS and re-iterate hold rating," said Reliance. … [Read more...] about Titan investors lose 17k cr in four sessions as three global brokerages downgrade stock
The company has historically been trading at 1 year forward P/E band of 16x. Its continued focus on its R&D efforts and tie-ups with global players to market and launch new innovative products along with cost optimisation efforts would drive its overall growth going forward.Disclaimer: The views and investment tips expressed by brokerages 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 Brokerages initiate coverage on these 10 stocks in July, expect 17-46% returns
Even though orange wines are growing in popularity, it’s not likely spreading to the masses, according to Chloe Helfand. She is sommelier at Bazaar Meat, the Las Vegas restaurant by chef José Andrés. When they opened last August, Helfand had a few orange wines on the list, primarily for a limited clientele who already knew to ask about it. “It’s been trending for the last three to four years, but I wouldn’t say it’s something that will be popular everywhere. It’s definitely not something that I see trending in Vegas, or in middle America” Helfand says. “People are intrigued by it. People want to drink it, but I don’t think that you want to sit down and have an entire bottle.” And with a decent Gravner running upwards of a couple hundred dollars at a restaurant, a bottle is an investment. … [Read more...] about The Rise Of Orange Wine