LATEST ARTICLES

Kotak puts ‘Buy’ rating on Maruti Suzuki shares; target price Rs 6, 300

Maruti Suzuki launched its new compact SUV Ignis which we believe is likely to be another winner due to its superior features, performance and higher fuel efficiency than its competition. The post Kotak puts ‘Buy’ rating on Maruti Suzuki shares; target price Rs 6, 300 appeared first on The Financial Express.

Edelweisis maintains ‘Buy’ on Deewan Housing Finance; target price Rs 374

Dewan Housing Finance’s (DHFL) Q3FY17 PAT, at R2.45 billion (up 32% Year-on-Year), was marginally better than our estimates owing to better NIMs (broadly stable Quarter-on-Quarter versus expectation of decline). The post Edelweisis maintains ‘Buy’ on Deewan Housing Finance; target price Rs 374 appeared first on The Financial Express.

IRB gets ‘IND AAA’ rating for InvIT fund

IRB has been assigned a long term senior debt rating of IND AAA with a stable outlook for its InvIT Fund. The post IRB gets ‘IND AAA’ rating for InvIT fund appeared first on The Financial Express.

Dhanuka Agritech to buy back R79-crore shares

Dhanuka Agrotech has filed a draft offer of letter with the Securities and Exchange Board of India (Sebi) for the buyback of 9.4 lakh shares worth R79 crore. The post Dhanuka Agritech to buy back R79-crore shares appeared first on The Financial Express.

Cabinet clears stake sale in PSU general, eyes Rs 23,000 cr

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved listing of five state-owned general insurance companies, thus paving the way for reducing the government’s stake in these insurers from 100% to 75%. The post Cabinet clears stake sale in PSU general, eyes Rs 23,000 cr appeared first on The Financial Express.