Indian Stocks Market News- Top Stock or watch More
RIL will be in focus after the oil & gas major reported 17% YoY jump in net profit to Rs 9516 crore, helped by retail business as well as telecom arm Jio which reported 4th straight quarter of profit.
ACC Q2: Consolidated net profit rises 15.2% to Rs 209.1 crore versus Rs 181.5 crore
CLSA on ACC: Maintain Buy with TP of Rs 1,900
Mindtree Q2: Profit jumps 30.4% to Rs 206.3 crore versus Rs 158.2 crore
Citi has downgraded the stock to Neutral from Buy, and has also slashed its target to Rs 1,090 from Rs 1,240
Expect stock to correct given high expectations and sudden change in management commentary
Cyient Q2: Profit surges 54% to Rs 127.1 crore versus Rs 82.5 crore
Phillip Capital maintain Buy with TP of Rs 940
Technical Recommendations:
We spoke to Bonanza Portfolio Ltd and here’s what they have to recommend:
MOIL: Buy| CMP: Rs.173.15 | Target Rs 187.50| Stop Loss Rs.165| Return 8.50%
Wipro: Buy| CMP: Rs 323.15 | Target Rs 349 | Stop Loss Rs.308| Return 8%
GE Power India Ltd: Buy| CMP: Rs. 794.80| Target Rs 866| Stop Loss Rs.752| Return 9%
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The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision
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