Fundamental Picks

Bumper Listing: CSB Bank lists at 41% premium against issue price ? Should you stay invested or book your profit?

[vc_row][vc_column][vc_column_text] The private sector lender CSB Bank Shares started off the first day at Rs 275 on the NSE on December 4, a premium of 41 percent over issue price of Rs 195. At 10:36 hours IST, the stock was trading at Rs 301.40 on the exchange, up 54.87 percent over issue price. CSB Bank?s …

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Ujjivan Small Finance Bank Ltd – IPO Review

[vc_row][vc_column][vc_column_text] Company Background Incorporated in 2017, Ujjivan Small Finance Bank Limited (USFB) offers small finance to underserved & unserved segments in India. USFB Bank is promoted by Ujjivan Financial Services Limited (UFSL). SFB started its operations by the name UFSL in 2005 with NBFC business and got approval from RBI in 2015 to establish an …

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Zee Entertainment share price dips 9% on Resignation of Chairman Subhash Chandra

[vc_row][vc_column][vc_column_text] Shares of Zee Entertainment Enterprises (ZEEL) slipped 9 percent in the morning trade on November 26 following the resignations of chairman Subhash Chandra and other senior officials. The stock hits a low of Rs 312.40 on the early trade on Tuesday, from its previous closing of Rs 343.80 on NSE. The stock surged nearly …

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RIL MCap closer to Rs 10 lakhs crore, is it a part of your portfolio?

On Tuesday share price of Reliance Industry rallied 3.87 percent intraday and became the first company among listed entities on exchanges to hit a market capitalisation of Rs 9.5 lakh crore, after the rival Vodafone Idea and Bharti Airtel decided to increase prices from next month. The share spiked on the expectations that the increase …

RIL MCap closer to Rs 10 lakhs crore, is it a part of your portfolio? Read More »

How the landmark decision by the Supreme Court on Essar Steel will benefit Banks?

Public sector banks were the key gainers on Friday after the Supreme Court of India said the resolution of Essar Steel would proceed as per the October 2018 plan, clearing the way for ArcelorMittal to acquire the bankrupt company. The Nifty PSU Bank itself gained nearly a percent on top of 3.3 percent gains.  The …

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CERA SANITARYWARE LTD. – Initiating Coverage (BUY)

[vc_row][vc_column][vc_column_text] We recommend ?BUY? on CERA SANITARYWARE LTD for a target of INR 3077 – valuing the company at P/E 25x of FY21E Earning. INVESTMENT RATIONALE: Largest Market Share, Deep Customer Connect and Elevated Brand Promise Robust Financial Position Wide Product Portfolio incorporating Design Excellence and Deep Technology Imprint Wide Distribution Network and Comprehensive Marketing …

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Titan Company share price falls 10% post Q2 earnings, investors lose Rs 11,350 cr: Time to buy, sell or hold the stock? – Business Today

Business Today Published on : November 6, 2019  Titan Company stock opened with a loss of 9.65%  at Rs 1160 compared to the previous close of Rs 1283 on BSE Titan Company share price closed 10% lower today after the firm reported Q2 earnings that fell below street expectations. Subdued performance in the jewellery business …

Titan Company share price falls 10% post Q2 earnings, investors lose Rs 11,350 cr: Time to buy, sell or hold the stock? – Business Today Read More »

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