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16 November, 2018 6:19 PM Jammu and Kashmir all set for Panchayat polls to be held on Saturday

The state of Jammu and Kashmir is set for the Panchayat polls as all arrangements have been put in place for the first phase on Saturday. According to officials, 427 candidates are in the fray for 536 Sarpanch Halqas and 5,951 candidates for 4,048 Panch wards for the first phase of the Panchayat polls, as reported by news agency PTI. They said polling 46

16 November, 2018 11:37 AM Buy Indian Hotels; target of Rs 150: HDFC Securities

HDFC Securities is bullish on Indian Hotels has recommended buy rating on the stock with a target price of Rs 150 in its research report dated November 16, 2018. Indian Hotel’s (IHCL) 2QFY19 consolidated performance was in-line and healthy, in a seasonally weak quarter. Revenue/EBITDA at Rs 9.6/1bn grew by 15.3/81.8% YoY. APAT increased to Rs 0.4bn from loss of Rs 0.6bn in 2QFY18 led by higher 52

16 November, 2018 11:23 AM Buy Natco Pharma; target of Rs 930: Anand Rathi

Focus on oncology, new entrant in CnD division in domestic formulations. In domestic formulations, Natco is focusing on oncology and entered CnD (cardiology, diabetology) in early 2017, where its focus is on niche molecules with high entry barriers. It enjoys a strong brand in oncology (six brands with more than `100m revenue) and Hepatitis C. Within 56

16 November, 2018 3:59 AM Infosys gains 1% post co appoints Jayesh Sanghrajka as interim CFO

Shares of Infosys gained 1 percent in the early trade on Friday after company appointed Jayesh Sanghrajka as interim CFO. The company has appointed Jayesh Sanghrajka as the interim chief financial officer (CFO) and key managerial personnel of the company with effect from November 17, 2018, company said in release. The current CFO, MD Ranganath, will step down on November 50

15 November, 2018 12:35 PM Buy Visaka Industries; target of Rs 640: Anand Rathi

Anand Rathi is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 640 in its research report dated November 12, 2018. Visaka was hit by rising input costs and the high base of the BP division during the quarter. Its yarn division margins, however, continue to recover. The expected price hikes, de-leveraging 48

15 November, 2018 10:22 AM Hold Ratnamani Metals; target of Rs 985: Centrum

We remain structurally positive on Ratnamani Metals & Tubes (RMTL) but retain our Hold rating with a revised TP of Rs985 (vs Rs940 earlier) on the back of limited upside potential with strong growth outlook largely factored in at current valuations. Q2 performance was well above expectations with solid EBITDA growth of 127% YoY & 28% QoQ led by strong 41

13 November, 2018 10:09 AM Buy Majesco; target of Rs 670: ICICI Direct

ICICI Direct is bullish on Majesco has recommended buy rating on the stock with a target price of Rs 670 in its research report dated November 06, 2018. Majesco’s rupee revenues increased 5.7% QoQ and 21.8% YoY in Q2FY19 mainly led by 10.8% QoQ growth in life & annuities (L&A). Cloud revenues (38.7% of total revenues) increased 14.0% QoQ led by 34.5% QoQ increase 66

12 November, 2018 11:34 AM Buy J K Cement; target of Rs 883: Motilal Oswal

Grey cement volumes (incl. clinker) declined by 3% YoY to 1.87mt and white cement volumes by 2% YoY to 0.29mt in 2QFY19. Grey cement realizations stood at INR4,005/ton (+5% QoQ) and white cement realizations (incl. putty) at INR11,664 (+4% YoY; -1% QoQ). Revenue declined 1% YoY to INR11b in the quarter. We value white cement at 10x Sept’20 EV/EBITDA 51

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

12 November, 2018 4:46 AM Samsung Galaxy J4 Core Running Android Go With 6-Inch HD+ Display, 3,300mAh Battery Unveiled

Samsung Galaxy J4 Core has now become official. The smartphone, which is the company's second Android Go-powered model, was previously a part of rumours but is now formally listed with all its key specifications. The sports a 6-inch HD+ display and features a 5-megapixel camera sensor at the front along with a selfie camera. Back in August, Samsung unveiled 83