View on market: Stay Cautious, be with quality business: Asian stocks edged up at the open Monday with traders keeping an eye on China Evergrande Group’s debt crisis and after Treasury yields jumped. The euro was steady amid a close German election. Shares had modest gains in Japan,…
HDFC Bank is one of India’s leading private banks and was among the first to receive approval from the Reserve Bank of India (RBI) to set up a private sector bank in 1994. Today, HDFC Bank has a banking network of 5,653 branches and 16,291 ATM's in 2,917…
NIFTY: The Nifty opened at 17897.45 with a gap up of 75 points. The index first consolidated and recorded its intraday high at 17947.65. Prices then broke that consolidation on the downside. The index has seen a minor decline and recorded its intraday low at 17819.40. Prices then…
IPO-Note Sansera Engineering Limited Rs 734 - Rs 744 per Equity share Recommendation: Listing Gain Company Profile: - Sansera Engineering Limited is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors. Within the automotive sector, they manufacture and supply a wide…
IPO-Note Ami Organics Limited Rs 603- Rs 610 per equity share Recommendation: Subscribe Company Profile: - Ami Organics is one of the leading research and development driven manufacturers of specialty chemicals with varied end usage, focused towards the development and manufacturing of advanced pharmaceutical intermediates for regulated and…
IPO-Note Vijaya Diagnostic Centre Limited Rs 522 - Rs 531 per Equity share Recommendation: Subscribe Company Profile: - Vijaya Diagnostic Centre limited (VDCL) is the largest integrated diagnostic chain in Southern India by operating revenue andprovides one-Stop solution for Pathology and Radiology Testing Services. Under Pathology Test Servicesranging…
IPO-Note Nuvoco Vistas Corporation Ltd Rs-560- Rs570per Equity share Recommendation: Subscribe Company Profile: - Nuvoco Vistas Corporation Limiteda Nirma group company is the 5th largest cement company in India and the largest cement company in East India in terms of capacity.As of December 31, 2020, their cement production…
IPO-Note CAR TRADE TECH LIMITED Rs.1585-Rs.1618per Equity share Recommendation: Listing Gain Company Profile: - Car Trade Tech Limited(CTTL) is a Multi-Channel Automobile platform that engaged in the business of buying, selling, Marketing, Financing of used and new Cars. Two Wheelers. Farm and Construction Equipment through it’s various dealershipand…
IPO-Note Devyani International Limited Rs-86-Rs90per Equity share Recommendation: Listing Gain Company Profile: - Devyani International Limited is the largest franchisee of Yum Brands in India and is amongthe largest chain operators of quick service restaurants (“QSR”) in India on a non-exclusive basis.Yum! Brands Inc. operates brands such as…
IPO-Note Windlas Biotech Limited Rs-448-Rs460per Equity share Recommendation: Listing Gain Company Profile: - Windlas Biotech is amongst the top five players in the domestic pharmaceutical formulations contract development andmanufacturing organization (“CDMO”) industry in India in terms of revenue. The company has three distinct strategic business verticals: (i)…