Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 582 for query «accumulate»

10 January, 2019 3:56 PM RBI defers capital buffer norms by a year; leaves Rs 37,000 cr in hands of banks

The Reserve Bank deferred the implementation of the last tranche of Capital Conservation Buffer (CCB) by a year, a move that would leave about estimated Rs 37,000 crore capital in the hands of banks. This would help banks increase lending by over Rs 3.5 lakh crore by leveraging ten times of the capital. "It has been decided to defer the implementation 58

7 January, 2019 7:58 AM Elara expects banks' profitability to improve in Q3FY19

Elara Capital does not expect any new large corporate loan account to slip barring re-classification of IL&FS Brokerage houses have been betting on select banks, especially after the beginning of improvement in their asset quality and hope of further earnings growth. Elara is one of the brokerage houses that also turned positive on banks and expects 70

20 December, 2018 6:37 AM Buy Dixon Technologies, target Rs 2340: Rupak De

On the daily chart, Dixon Technologies has given a breakout above the falling trend line which suggests a reversal in the trend. On the weekly chart, the stock formed a ‘Morning Star’ kind of candlestick pattern which suggests a possibility of a larger bullish reversal in the stock. In addition, the daily RSI is in a bullish divergence with the price 54

20 December, 2018 6:34 AM Buy Eicher Motors, target Rs 25,200: Rupak De

Traders can accumulate the stock in the range of Rs 23900–24000 for the target of Rs 25200 and a stop loss below Rs 23290, says Rupak De of Bonanza Portfolio. Eicher Motors has seen to have found support at the rising trend line on the weekly chart; also, the correction halt at the support line was followed price appreciation in quick sessions suggesting 59

18 December, 2018 9:21 AM Accumulate Apar Industries; target of Rs 700: SPA Securities

SPA Securities recommended accumulate rating on Apar Industries with a target price of Rs 700 in its research report dated December 17, 2018. Apar is 3rd largest manufacturer of Conductors and 4th largest manufacturer of transformer oil in the world. In conductors business, its market share stands at 23% in domestic market with installed capacities of 1.8lac MT. It is the largest 66

10 December, 2018 9:32 AM Buy Tata Steel, target Rs 570: Shabbir Kayyumi

After hitting the peak of Rs 610, Tata Steel slipped lower till Rs 500. From this price, chances of developing of demand is higher and has been trading in a range bound zone of Rs 500 and Rs 520. Currently, the stock is trading near its multi-support horizontal line and point of polarity on weekly chart is giving cues to accumulate this stock at lower 64

28 November, 2018 5:52 AM Buy Cummins India, target Rs 870: Shitij Gandhi

Cummins India has been trading in a sloping channel on the weekly charts with the formation on lower highs and lower low pattern since the beginning of the year. However, this month we have observed a breakout above the falling trend line of the sloping channel along with hefty breakout above the long-term moving averages on the weekly charts. On the daily 57

28 November, 2018 5:49 AM Buy State Bank of India, target Rs 305: Shitij Gandhi

Traders can accumulate the stock in a range of Rs 285-290 for the upside target of Rs 305 levels and a stop loss below Rs 272, says Shitij Gandhi of SMC Global Securities. After a sharp recovery from Rs 245 levels, State Bank of India surpassed its short and long-term moving averages and has been consolidating in a range of Rs 275-295 from the last three 49

23 November, 2018 9:07 AM Buy Natco Pharma; target of Rs 842: Geojit

NATCO Pharma (NATCO) is a R&D focussed, vertically integrated pharmaceutical company with an experienced management team and presence across multiple speciality therapeutic segments. Q2FY19 revenue grew by 35% YoY due to stronger performance from API (up by 30%YoY) and formulation (up by 96%YoY) exports. EBITDA rose by 104% YoY while margin is up by 1520bps primarily 64

22 November, 2018 6:02 AM Buy Federal Bank, target Rs 91: Rupak De​

Traders can accumulate the stock in the range of Rs 82–83.50 for the target of Rs 92 with a stop loss below Rs 79, says Rupak De​ of Bonanza Portfolio. Federal Bank after few days’ consolidation has given a highest closing. On a line chart the stock price has moved above its previous inflection point of smaller degree. In addition, the stock 72