Oriental carbon and Chemicals Ltd (OCCL)- Initiating Coverage (BUY)
We recommend ?BUY? on ORIENTAL CARBON AND CHEMICALS LTD (OCCL) for a target of INR 1242 – valuing the company at P/E 18x of FY20E Earning. CMP: INR 1114 Target Price: INR 1242
We recommend ?BUY? on ORIENTAL CARBON AND CHEMICALS LTD (OCCL) for a target of INR 1242 – valuing the company at P/E 18x of FY20E Earning. CMP: INR 1114 Target Price: INR 1242
We recommend ?BUY? on GRINDWELL NORTON LTD for a target of INR 614 – valuing the company at P/E 34x of FY20E Earning.? CMP:? ? ? ? ? ? ? ? ? INR 534 Target Price:? ? ?INR 614
STOCKS ON RADAR: Dr Reddy’s Labs: Duvvada plant gets a VAI (Voluntary Action Indicated) status from USFDA, receives EIR for Duvvada facility from the regulator. Tech Mahindra: Board to consider buyback of shares on February 21. The company has also withdrawn scheme application filed with National Company Law Tribunal for the proposed scheme of Merger …
STOCKS ON RADAR: Future Group stocks: According to a report published in Business Standard, Amazon has indefinitely put on hold its plans to buy stake in Kishore Biyani?s Future Group. Tata Steel: The company posted a robust growth in its profit, a 54.33 per cent jump in consolidated net profit to Rs 1,753.07 crore on …
We recommend ?BUY? on TIME TECHNOPLAST LTD for a target of INR 111 – valuing the company at P/E 10x of FY20E Earning.? CMP: INR 95 Target Price: INR 111
We recommend ?BUY? on GULF OIL LUBRICANTS INDIA LTD for a target of INR 931 – valuing the company at P/E 23x of FY20E Earning.? CMP: INR 851 Target Price: INR 931
Major Bulk Deals in NSE and BSE on 17th Jan 2019 Source: Data of Major bulk deals in BSE and NSE on 17th Jan 2019 compiled from NSE, BSE and Moneycontrol.