JSW Hydro Energy to issue dollar-denominated notes Dollar: JSW Hydro Energy Limited is a Non-govt company, incorporated on 14th Mar 2014. It’s a public unlisted company and is classified as a company limited by shares. The company’s authorized capital stands at Rs. 1,25,005.01 lakhs. Moreover, JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes in overseas markets to raise funds. However, the company did not disclose the amount to be raised under this issue. While this issue is part of a total notes program of USD 750 million of JSW Hydro Energy. Which was appr ..read more

Buy Tech Mahindra Limited: Tech Mahindra Ltd has officially announced a consolidated sales of Rs. 9,868.00 Cr for the third quarter finished on 31-12-2020, which is 3.99% up from its previous quarter sales of Rs. 9,489.30 Cr and -1.36% down from its previous year same quarter sales of Rs. 10,004.20 Cr. The company has reported a net profit after tax of Rs. 1,289.60 Cr in the previous quarter. Outlook: Tech Mahindra Ltd: Experts suggested buy call at current market price: Rs. 966.70 with a target price: Rs. 1,000; Stoploss: Rs. 948. Buy RBL Bank Limited: RBL Bank Ltd has officially announced ..read more

Buy Apollo Tyres Limited: Apollo Tyres Ltd has officially announced a consolidated sales of Rs. 5,217.42 Cr for the third quarter finished on 31-12-2020, which is 20.74% up from its previous quarter sales of Rs. 4,321.11 Cr and 18.11% up from its previous year same quarter sales of Rs. 4,417.53 Cr. The company has reported a net profit after tax of Rs. 443.80 Cr in the previous quarter. Outlook: Apollo Tyres Ltd: Experts suggested buy call at current market price: Rs. 225.55 with a target price: Rs. 230; Stoploss: Rs. 222. Buy ICICI Bank limited:     ICICI Bank Ltd has officially a ..read more

ICICI Lombard shares up 1.35% as Nifty gains Shares: ICICI Lombard General Insurance Company Limited is a general insurance company in India. It is engaged in general insurance, reinsurance, insurance claims management, and investment management. Shares of ICICI Lombard General Insurance Company Ltd. rose 1.35 percent to Rs. 1,453.9 in Tuesday’s trade. It hit an intraday high of Rs. 1,454.0 and low of Rs. 1,423.5, respectively, during the day. While the stock quoted a 52-week high price of Rs. 1,625.0 and low of Rs. 1,126.05. As of 01:43 PM (IST), the counter saw a total traded volume of 3,539 ..read more

Buy NMDC Limited: NMDC Ltd has officially announced a consolidated sales of Rs. 4,460.97 Cr for the third quarter finished on 31-12-2020, which is 92.39% up from its previous quarter sales of Rs. 2,318.67 Cr and 42.22% down from its previous year same quarter sales of Rs. 3,136.59 Cr. The company has reported a net profit after tax of Rs. 2,108.05 Cr in the previous quarter. Outlook: NMDC Ltd: Experts suggested buy call at current market price: Rs. 715.85 with a target price: Rs. 740; Stoploss: Rs. 704. Buy Axis Bank Limited:     Axis Bank Ltd has officially announced a consolidate ..read more

Buy Apollo Hospitals Enterprise Limited: Apollo Hospitals Enterprise Ltd has officially announced a consolidated sales of Rs. 2,765.34 Cr for the third quarter finished on 31-12-2020, which is -.24% down from its previous quarter sales of Rs. 2,772.04 Cr and -5.34% down from its previous year same quarter sales of Rs. 2,921.40 Cr. The company has reported a net profit after tax of Rs. 118.62 Cr in the previous quarter. Outlook: Apollo Hospitals Enterprise Ltd: Experts suggested buy call at current market price: Rs. 3,233.15 with a target price: Rs. 3,300; Stoploss: Rs. 3,190. Buy Balrampur Ch ..read more

HFFC: Recent debutant rallies 6.5% as Q4 profit surges 151% HFFC: Shares of Home First Finance Company (HFFC) jumped up to 65 percent in the early trade on Tuesday. While after the recent debutant of Dalal street reported a 151 percent surge in March quarter profit. Moreover, the affordable housing finance player on Monday reported a profit after tax of Rs. 31 crores for the quarter against Rs. 12 crores posted for the year-ago period.  The company disbursed Rs. 452 crore loans during the quarter, 30.4 percent more than Rs. 347 crore reported for the same quarter last year. For FY2020-21 ..read more

Buy ICICI Prudential Life Insurance Company Limited: ICICI Prudential Life Insurance Company Ltd has officially announced a consolidated sales of Rs. 623.78 Cr for the third quarter finished on 31-12-2020, which is .06% up from its previous quarter sales of Rs. 623.39 Cr and 13.63% down from its previous year same quarter sales of Rs. 548.96 Cr. The company has reported a net profit after tax of Rs. 304.30 Cr in the previous quarter. Outlook: ICICI Prudential Life Insurance Company Ltd: Experts suggested buy call at current market price: Rs. 551.70 with a target price: Rs. 573; Stoploss: Rs ..read more

Buy Dabur India Limited: Dabur India Ltd has officially announced a consolidated sales of Rs. 2,809.77 Cr for the third quarter finished on 31-12-2020, which is 7.92% down from its previous quarter sales of Rs. 2,603.63 Cr and 15.75% down from its previous year same quarter sales of Rs. 2,427.43 Cr. The company has reported a net profit after tax of Rs. 493.60 Cr in the previous quarter. Outlook: Dabur India Ltd: Experts suggested buy call at current market price: Rs. 542.05 with a target price: Rs. 552; Stoploss: Rs. 539. Buy Dr. Reddy’s Laboratories Limited:     Dr. Reddy’s Labor ..read more

Stocks to watch on May 4th: L&T Technology, Tata Metaliks, Tata Chemicals, Home First Finance Stocks to watch on May 4th: On Monday, both Sensex and Nifty continue their bearish trend in the stock market from the last session of the market. The Sensex is trading below 48,500 levels and nifty trading below 14,550 levels in the stock market. The Sensex lost 357.62 points with a 0.73% decrease and reached 48,419.59 levels. While the nifty lost 88.10 points with a 0.60% decrease and reached 14,543.00 levels. On the other side, the number of coronavirus cases in India on Monday, May 3rd reached ..read more