Tuesday, 30 August 2016

{LONGTERMINVESTORS} News 31-08-2016




 

Securities in Ban For Trade Date 31-AUG-2016: NIL

 


ECONOMIC EVENTS

16:30 Indian Govt July Fiscal deficit

17:30 Q1 GDP seen at 7.6% vs 7.9%

 


RESULTS TODAY

BPCL, MCX, Hathway, Power Mech, Lloyd Elec, Sadbhav Infra + Engg, GVK, UB Hold, AB Fash, Indo Rama, Ansal Properties, Kanoria

 


Market Buzz

 

Govt hikes minimum wages; central sector workers' pay to rise by up to 60%

 

Kotak Mahindra Bank: Canada Pension allowed to acquire 5-10 percent in bank

 

FIPB Approves 6 FDI Proposals Worth `105 Cr - FIPB Defers 7 FDI Proposals

 

Listing of Equity Shares of RBL Bank Limited today

 

Jain Irrigation Says: Scrapping Of Irrigation Projects By Maha Govt Won't Affect Biz

 

Essar Steel, JSW Steel Ltd, Tata Steel Ltd and Sail Ltd are planning to increase prices by Rs.2,500 a tonne beginning 1 September,

 

Warburg Pincus and Bain Capital have expressed interest to buy into the lighting business of Surya Roshni

 

SAIL: Held talks with ArcelorMittal on proposed joint venture

 

UltraTech Cement: Foreign institutional investors (FIIs) can invest up to 30 percent in company

 

Infosys: India says U.S. will look into visa fee hike

 

Phoenix Mills: In talks with several PE companies to divest a minority stake in a clutch of projects housed in an special purpose vehicle

 

DLF: Promoters expect to ink Rs 12,000 crore stake sale deal by October

 

Ujjivan to sell Rs. 230 cr worth shares to cut FII stake

 

TCS: Develops Temperature Analysing Software For GE Turbines

 

Delta Corp approves acquisition of  26% stake in Gauss Networks

 

R-com evaluating options regarding 700-mhz spectrum

Sistema says DoT nod for SSTL- R com merger likely in Q4

 

Cox & Kings: Q1 profit Rs 90.66 crore versus Rs 84.82 crore

 

SREI INFRA press conference on 1st Sep at 1230 pm

 

FM CLARIFIES that IDBI BANK stake sale is NOT put on hold

 

Indraprastha Medical Q1 Net Profit up 18.9% At `8.4 Cr Vs `7 Cr (YoY)

 

Goodyear India Q1 Net Profit Up 11.3% At `41.3 Cr Vs `37.1 Cr (YoY) 

 


Broker's Corner

 

CS ON LIC HOUSING FIN : Maintains Outperform, raises target  to 640 from 625

 

CITI ON CROMPTON GREAVES : Maintains Buy, target of 86

 

CS ON BHARAT FINANCIAL (SKS) : Maintains Underperform, target of 690

 

GS ON BHEL  ANNUAL REPORT ANALYSIS: Maintains Sell, target of 115

 

UBS ON ITC : Maintains Buy, raises target to  320 from 280

 

DB ON WHIRLPOOL : Maintains Buy, raises target to  1,100 from 1,030



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