Clsa

According to Moneycontrol SWOT Analysis powered by Trendlyne, the stock has been showing strong momentum: price above short, medium and long term moving averages and with the company being able to generate net cash - improving net cash flow for last 2 years. … [Read more...] about UPL shares rise 5% after CLSA retains buy

The global research firm has maintained an outperform rating on the stock with a target of Rs 133 per share. According to a CNBC-TV18 report, the book value according to delisting regulation is at Rs 89.38 against calculated Rs 147 per share sets a lower floor price for delisting than earlier expectations. … [Read more...] about Vedanta share price trades lower even as CLSA retains outperform call

IndiaBulls Housing Finance witnessed an abrupt top management reshuffle in August with Sameer Gehlot stepping down as Executive Chairman to focus on the role of Chief Executive Officer of Indiabulls Ventures, another company that he promotes. According to regulations, an individual cannot hold executive positions in two listed entities, the firm said. Gehlot was replaced by former RBI Deputy Governor SS Mundra. … [Read more...] about Indiabulls Housing Finance launches QIP with base size of $60 million, floor price of Rs 206.7/share

“Relaxation of LTV ratio for gold loans relaxed to 90 percent from 75 percent is positive. It was very strange that that earlier gold businesses were not able to take a credit decision. Theoretically, to bring a parity there should not be a limit it should be the risk control of the lender itself to decide as to whether they want to do 60-80 percent or whatever is justifiable," Prateek Agrawal, Business Head & CIO, ASK Investment Managers Ltd said in a podcast with Moneycontrol. … [Read more...] about Increase in LTV ratio negative for gold loan financing firms, but good for banks: Experts