Ashok Leyland Limited is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. It also manufactures engines for industrial and marine applications, forgings and castings. The company has a strong brand and well -diversified distribution and…
Result Analysis: Cipla Ltd. (CMP: Rs.1,034) Result Update: Q3FY23 Cipla Limited is a leading pharmaceutical company from India with presence across the world. It is the 3rd largest pharmaceutical player in India and leader in therapies such as respiratory and urology and also ranked second in the overall…
View on market: Stay Cautious, be with quality business: India’s equity markets will reopen after a break on Republic Day, while mainland China remains closed for the Lunar New Year holiday. Asian markets follow the U.S. equities higher on Friday after a rally in tech shares helped investors…
NIFTY: The NIFTY opened at 18093.35 with a gap down of just 25 points. The index started drifting downwards from its opening tick and recorded its intraday high at 18100.60 in its initial trades. Prices have seen a sharp decline and went below 17900. The index started finding…
FPO-Note Adani Enterprises Limited Rs. 3112 – Rs. 3276 per Equity share Recommendation: Aggressive investors may apply Adani Enterprise Limited (AEL), the flagship company of the Adani group is coming with a FPO (Follow-on Public offer) of Rs.20,000 cr., which will be the largest FPO by an…
ITI Mutual Fund was established in 2018 to offer investment solutions to investors for wealth generation over the long-term. It offers thoughtful and investor-centric investment solutions backed by a highly experienced team of researchers and investment managers. With a team of equity and credit researchers, as well as investment…
Kotak Banking & Financial Services Fund (NFO) Kotak Mahindra Mutual Fund started its operations in Dec 1998 4th and now is the Largest Mutual Fund Company Based on Quarterly AUM as of Jun 2022. Kotak Mahindra Mutual Fund is part of a reputed conglomerate and is a wholly-owned…
NIFTY: The NIFTY opened at 18118.45 with a gap up of 91 points. The index initially the NIFTY opened at 18183.95 with a gap up of 65 points. The index initially went down then turned up but soon found resistance and again turned down. Prices have recorded its…
View on market: Stay Cautious, be with quality business: Asia markets opened on a cautious open, with post-market forecast from Microsoft Corp. damping sentiment further and pushing down US equity futures. Hong Kong and mainland China markets remain closed for the Lunar New Year holiday. The S&P 500…
Result Analysis: Tata Communications Ltd. (CMP: Rs.1383) Result Update: Q3FY23 Tata Communications is an Indian telecommunications company engaged in the next level of intelligence powered by Cloud, Mobility, Internet of Things IoT, Collaboration, Security, Media services and Network services. The company’s global network includes one of the most…