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1-10 results from 572 for query «accumulate»

12 November, 2018 10:03 AM Accumulate VRL Logistics; target of Rs 322: Dolat Capital

For Q2FY19, the revenue from operations grew 14.4%YoY to ` 5,169.9mn; de-grew 2.2% QoQ from ` 5,284.7mn. EBITDA declined 3%YoY to ` 541mn; declined 10.2% QoQ from ` 602mn. EBITDA Margin decreased by 188Bps YoY to 10.5%; a decrease of 94bps QoQ. Operating expenses increased 19.2% YoY to ` 3,651mn, a decrease of 2.1% QoQ. The increase in operating expenses 51

31 October, 2018 5:09 AM Buy Info Edge, target Rs 1700: Shitij Gandhi

Traders can accumulate the stock in a range of Rs 1,550-1,580 for the upside target of Rs 1,700 levels with a stop loss below Rs 1,460, says Shitij Gandhi of SMC Global Securities. In the recent past, Info Edge (India) witnessed a hefty profit booking from Rs 1,680 and dropped down towards Rs 1,350 to test its 200-days exponential moving average on daily 89

30 October, 2018 10:38 AM Buy ICICI Bank; target of Rs 365: Prabhudas Lilladher

ICICIBC moved back to profit of Rs9.1bn (PLe: Rs4.5bn) which was better than expectation on (i) better NII growth of 12% YoY led by 11bps margins improvement and (ii) lower provisions requirement on much lower slippages. Asset quality improved on multi quarter low slippages & decent recovery/upgrades with coverage improving to 59.5% up 470bps QoQ. BB & below 60

24 October, 2018 10:30 AM Accumulate Persistent System; target of Rs 630: Arihant Capital

USD Revenue stood at $118.23 Mn, decline of 4.3% QoQ and increase of 0.1% YoY. INR Revenue stood at Rs 835.5 Crore, growth of 0.2% QoQ and 9.8% YoY. EBITDA stood at Rs 144 Crore, growth of 24% Yoy. EBITDA margins stood at 17.2%, vs 16.8% QoQ. PAT stood at Rs 88 Crore, growth of 7% YoY and 1% QoQ. PAT margins stood at 10.5%. We assign a price target of Rs 630 based 56

19 October, 2018 6:38 AM Buy MOIL with 8% return, says Rupak De

After prolong corrective phase, MOIL has witnessed a breakout from its consolidation pattern at 173.15 levels on the daily chart. The counter has taken a support at its 200-EMA on the weekly time frame charts. Earlier, whenever the stock has retraced near its 200-EMA it has respected and moved higher from that level. Each candle has a closing above the prior 56

18 October, 2018 9:12 AM Accumulate Mindtree; target of Rs 1150: Dolat Capital

Dolat Capital recommended accumulate rating on Mindtree with a target price of Rs 1150 in its research report dated October 17, 2018. USD revenue grew 2% QoQ (2.4 % QoQ CC terms) to USD 246mn (DCMe: USD 247mn) led by 6.3% growth in volume while pricing declined by 4.3%. INR revenue grew 7.1% QoQ at ` 17,554mn (DCMe: ` 17,316mn) helped by rupee depreciation 72

13 October, 2018 6:31 AM Buy Zee Learn, target Rs 60: Chhitij Jain

Zee could become one of the biggest organised players in the education industry. We suggest, accumulate for an initial target of Rs 60, says Chhitij Jain of Rudra Shares & Stock Brokers. With MT Educare in its bucket, Zee Learn has reported strong Q1 numbers. Limited competition in the organised segment and a disciplined execution makes it pure play in this segment 61

14 September, 2018 5:56 AM Accumulate Edelweiss Financial Services, target Rs 286: Rupak De

On the daily chart, Edelweiss Financial Services has been consolidating after a correction from Rs 330 to Rs 250. A Gartley Harmonic pattern has formed on the daily chart which may propel a rally in the stock. In addition, an engulfing pattern, as well as a tweezers bottom, is visible around Rs 248. Daily momentum oscillator, RSI (14) is having a positive 57

11 September, 2018 5:57 AM Buy Tata Chemicals, target Rs 780: Jayant Manglik

We believe it’s an excellent buying opportunity and traders should utilise this phase to accumulate fresh longs in the given range of Rs 730-740 for target of Rs 780, says Jayant Manglik of Religare Broking. Tata Chemicals has been trading in a broadening formation (which acts as a continuous pattern) around its record high for the last nine months 62

6 September, 2018 3:42 AM Accumulate Vedanta, target Rs 254: Rupak De

Vedanta has given a symmetrical triangle breakout on the daily chart which suggests that traders have raised interest in the stock. In addition, we observed that the breakout prices were backed by higher volume. The stock has been sustaining above 21-EMA (exponential moving average) on a closing basis for the last several days which means traders are willing 49