Discover Top Posts Tagged with #cadilahc

TRADE NIVESH BUY CADILAHC ABOVE 259 , SL: 256 , TARGET 1ST:260.8 , TARGET 2ND:262.

CADILAHC BUY ABOVE 259 | TRADE NIVESH for NSE:CADILAHC

Infosys, Cadila Health among 5 stocks where brokerages raise target | Trade Nivesh

Trade Nivesh According to Nomura, the overhang of whistleblower allegations is now behind and will prefer Infosys to TCS on valuations basis

After hitting record high on January 14, the market cooled off little bit and broke the fourth day consecutive winning streak on January 15 but Nifty managed to close above 12,300 level.

On January 15, the market recovered from the day's low and ended with moderate losses amid signing of an initial US-China trade deal and earnings from India Inc.

Except Nifty Bank and Energy other indices witnessed a buying interest led by the auto, metal, pharma and FMCG. Meanwhile, BSE Midcap and Smallcap outperformed the benchmark with a gain of 0.6 percent and 1 percent, respectively.

Here are 5 stocks in which brokerages have raised their target prices:

Infosys

Nomura | Rating: Neutral | Target: Raised to Rs 805 from Rs 760 per share

Citi | Rating: Buy | Target: Raised to Rs 865 from Rs 830 per share

Kotak | Rating: Add | Target: Raised to Rs 865 from Rs 840 per share

HSBC | Rating: Buy | Target: Raised to Rs 810 from Rs 800 per share

According to Nomura, the overhang of whistleblower allegations is now behind and will prefer Infosys to TCS on valuations basis.

It expect margin to stabilise at 22 percent over FY20-22 and expect company to post 8.1%/7.3% rev/EPS CAGR over FY19-22.

The Q3 revenue was slightly below, while margin was in-line with estimates. The attrition was lower while guidance revision is positive, said Citi.

The estimates are largely unchanged, while raise the multiple to 21x from 20x, Citi added.

According to Kotak the company delivered robust yet in-line results. It has reported good operating metrics with increase in the number of large accounts.

Kotak feels that the company can sustain/exceed peer-level growth with stable margins. The valuations are attractive at current levels.

Mindtree | Brokerage: Kotak Institutional Equities | Rating: Reduce | Target: Raised to Rs 830 from Rs 725 per share

An increase in target captures 6-14 percent increase in FY20-22EPS. The company has built up close to USD 887 million of cash flow hedges at average Rs 75.44/USD, said Kotak Institutional Equities.

The cash flow hedges drive EPS revision and 80-90 bps increase in margin assumption, it added.

Wipro | Brokerage: Morgan Stanley | Rating: Underweight | Target: Raised to Rs 240 from Rs 233 per share

Research house raised FY20-22 EPS estimates by 1-3 percent, largely to reflect slightly better margins. The muted revenue growth and uncertain macro environment merit a P/E of 13x.

The underperformance to peers may continue, feels Morgan Stanley.

IndusInd Bank | Brokerage: Citi | Rating: Buy | Target: Raised to Rs 1,900 from Rs 1,800 per share

The company's core operating performance remains healthy. The core operations to remain strong which can support higher provisions, said Citi.

It has changed FY20/21 PAT estimates by -2%/+3% to adjust NIM & credit costs.

Cadila Healthcare | Brokerage: Citi | Rating: Sell | Target: Raised to Rs 240 from Rs 220 per share

The rate sell on high product concentration is a risk in US generics business, while recent acquisition of Heinz India could be an overhang on the stock, said Citi.

ask an expert :- Trade Nivesh

#trade nivesh #intraday stock tips #CADILAHC

Trade Nivesh Trade Plans: Buy Above 233.25 with the Stop Loss of 229.55

CADILAHC | Trade Nivesh for NSE:CADILAHC by TradeNivesh

#trade nivesh #cadilahc

Top 10 stocks for stock trading tomorrow 20 June

MOTHERSUMI advanced by 2.3% and settled at Rs.309.25. Trading volume increased by 82 percent. Derivative traders were aggressive in exiting short positions. Open interest reduced by 5.26 %. It is continuously grinding lower levels for 4 days. It is trading inside the trading range. The Support is seen around 300 and resistance is seen around 329.

View On WordPress

#BATAINDIA #CADILAHC #JINDALSTEL #MOTHERSUMI #NMDC

Best list of shares for trading tomorrow 15 June

WOCKPHARMA strengthen by 3.45% and settled at Rs.729.15. Trading volume increased by 90 percent on 14 June 2018. However, a majority of them are intraday trades. It Indicates positive breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 631.

TATAGLOBAL strengthen by 3.04% and closed at…

View On WordPress

#ADANIENT #AUROPHARMA #CADILAHC #GLENMARK

Top stocks to watch on Monday 28 May

Weekly stock market update

NIFTY rallied for second straight day amid impressive global cues. The 50-share NSE index NIFTY rose 0.87% to finish at 10605.15 on Friday. The Indian benchmark NIFTY rallied for second straight day led by wide spread gains across all sectors in the last trading session of the week. on the weekly basis, the wider NIFTY settled just above 10,600 mark and registered the…

View On WordPress

#ADANIPOWER #CADILAHC #CASTROLIND #GRANULES #INDIACEM #JUSTDIAL

Daily market update for 14 Dec

VEDL slipped by 3.27% and closed at Rs.283.55. It witnessed Bearish Engulfing pattern on daily chart. Trading volume increased by 71 percent at last trading day. Currently, it is trading around the lower range of its price band. The crucial support zone is around 282.

UBL rose by 1.22% and settled at Rs.1025. It did rise in the last trading session but fell by a…

View On WordPress

#ACC #CADILAHC #CENTURYTEX #UBL #VEDL

Daily stock market update for 14 August

Nifty on taken back monthly gains; settled at 61.8% in Fibonacci retracement level. Nifty keeps on extending its losses since August 4 of this month owing to panic regarding the global conflict. Indian bench mark index Nifty today opened with a considerable gap down the opening of 50 points approximately. The market consolidated all day within day’s range.…

View On WordPress

#CADILAHC #DRREDDY #JINDALTEL #SBIN #TVSMOTOR