Rs electric

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Greaves Cotton Greaves Cotton (Greaves) is a leading diversified engineering company with a presence in automotive, non-automotive, aftermarket, retail, electric mobility solution and finance. New business share increased to ~49% while engine reduced to ~48% in FY17-22 • E-mobility is expected to drive future growth (~38% of FY22 revenue). Outlook We remain long term positive and change our rating on the stock from HOLD to BUY. We value Greaves at Rs 180 on SoTP basis. Close For all recommendations report, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. … [Read more...] about Buy Greaves Cotton; target of Rs 180: ICICI Direct

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on NCC NCC is one of the leading construction companies in India with a presence across varied verticals of infrastructure space such as buildings, roads, water, mining and electrical. Standalone order book is robust at Rs 36,303 crore. Well-diversified order backlog, robust execution capabilities, and strong focus on debt reduction and working capital to characterise NCC over next few years. Outlook Sharp debt reduction has been key positive. However, margins may be see volatility in FY23. We, thus, assign HOLD vs BUY rating, earlier. We value NCC at Rs 70/share (at (9x FY24 P/E). Close For all recommendations report, click here Disclaimer: The views and investment tips expressed by investment experts/broking … [Read more...] about Hold NCC; target of Rs 70: ICICI Direct

The downward trend continued on Dalal Street for the fourth consecutive session on May 11. More than 260 stocks on the BSE hit 52-week low and the number of stocks at lower circuit were significantly higher than the stocks that hit upper circuit. Endless Ukraine-Russia war igniting inflation concerns and growth worries, faster policy tightening approach adopted by several central banks, including Federal Reserve, the beginning of rate hike cycle in India, consistent FII selling, rupee depreciation, and inflation concerns visible in corporate earnings are some of the reasons for the nervousness among the investors. The BSE Sensex fell below 54,000-mark in the morning but later pared losses to trade 276 points lower at 54,088. Meanwhile, the Nifty50 briefly traded below the psychological 16,000-mark but recouped some of losses to trade at 16,167, down 73 points. The benchmark indices have now fallen more than 10 percent each from the closing high of April 4. Meanwhile, the BSE … [Read more...] about More than 260 stocks hit 52-week low, 450 stocks hit lower circuit today