Buy, Sell, Hold: 4 stocks and 4 sectors on analysts’ radar on March 19, 2018

-

BPCL

Brokerage: Jefferies | Rating: Underperform | Target: Rs 462

Jefferies said that it finds the valuation premium of the company to be unjustified. Further, it said that it may be hard for the company to create value from insolvent Nagarjuna oil. NOCL may do little for BPCL marketing as well, it said, adding that it sees more risk than reward in NOCL.

Ramco Cements

Brokerage: CLSA | Rating: Upgrade to Buy | Target: Raised to Rs 930

Share Market Tips

CLSA said that the firm is its top pick in the sector and added that its channel checks indicate a demand pick up in Tamil Nadu. It expects the volume growth to improve in the next 12-18 months. The brokerage house has upgraded FY20 EPS estimates by 3-6 percent.

HUL

Brokerage: Macquarie | Rating: Outperform | Target: Rs 1,609

The global research firm expects significant improvement in demand in the last three months. Further, GST rate cuts, gradual recovery in rural markets leading to higher volume growth. It also said that the company is its top pick in consumer space.

GMR Infra

Brokerage: IDBI Cap | Rating: Initiate Coverage with Buy | Target: Rs 32

The brokerage believes that brighter days ahead are lined up for the company and there is a value unlocking on the cards. While stating that the company is a top pick in the industrials space, divestment of roads is a matter of time, it added.

Consumer

Brokerage: Deutsche Bank

The global investment bank said that better fundamentals are outweighing concerns on expensive valuations. it is seeing a consensus excitement about profitability of higher rural spends by the government. Its preferred picks are HUL, Jubilant Food, Titan, GSK Cons, Dabur & Nestle. Most companies are indicating that they have a strong pipeline of product launches.

Telecom

Brokerage: Jefferies

Jefferies expects the sector’s profitability to remain under pressure for another 12 months. It expects improvement from Mid-FY20e, when share for top-three stabilises. At this point, it said, consumer willingness to pay higher for similar service is low and valuations are factoring in best case now. Jio's ARPU discount is also at its target level, limiting price hikes. Overall, it sees industry revenue to decline 5% over next 12 months, while mid term revenue CAGR of 15 percent may be seen.

Housing

Brokerage: CLSA

CLSA said that proxy indicators are improving, while execution ramps up on PMAY urban. Housing cycle has started showing some green shoots and improved affordability along with government support should drive housing cycle.

Utilities

Brokerage: Morgan Stanley

The global research firm said that merchant tariffs reached a new high of Rs 4.84/kWH. It sees this as unsustainable as tariffs are driven by demand seasonality. It has revised price targets across coverage to factor in rising bond yields.

Two days Free Trials and best services packages for dealing in Stock market click here to get >> Share Market Tips One Missed call on @9644405056





Just follow the link and get the Tips

contact us here 9644405056, 0731-242-7006

Comments

Post a Comment

Popular posts from this blog

Daily equity Market By Ripplesadvisory Report 16-Aug-2016

-
MARKET WRAP UP The Sensex and Nifty jumped over one per cent on Friday and were headed for their second session of gains, led by energy stocks, including Reliance Industries Ltd, as oil prices extended their rally. Domestic sentiment was also buoyed on continued buying by investors ahead of IIP and inflation data scheduled to be released later in the day. US stocks closed at record highs on Thursday as surging oil prices and strong earnings buoyed investor sentiment, giving a boost to Asian markets. Dealers said widening of positions by participants ahead of key economic data —— industrial production (IIP) for June and consumer price index (CPI) for July —— to be released after market closing today also added to the upbeat investor sentiment. At 3.05 pm, the Sensex was up 315.38 points or 1.13 per cent at 28,174.98 while the NSE Nifty was up 85.7 points or 1.00 per cent at 8,677.85. Sentiment also got a boost as foreign investors continued to buy Indian shares for a
Read more

सकारात्मक वैश्विक रुझानों के सहारे बाजार में मजबूती, निफ्टी 10,900 के ऊपर

-
सकारात्मक वैश्विक रुझानों और अमेरिकी तथा एशियाई बाजारों में मजबूती से गुरुवार को घरेलू बाजार में भी अच्छी शुरुआत हुई है। शुरुआती कारोबार में ही निफ्टी 10,900 के ऊपर आ गया है। सभी प्रमुख सूचकांक हरे निशान में हैं, जिनमें सर्वाधिक मजबूती धातु, ऊर्जा, इन्फ्रा, ऑटो, बैंक और आईटी में है। अगस्त में चीन के सेवा क्षेत्र ने शानदार प्रदर्शन किया, जबकि ब्रिटिश सांसदों ने ब्रेक्जिट में देरी के लिए एक कानून को मंजूरी दे दी है। इसके अलावा हॉन्ग-कॉन्ग में तनाव में कमी आयी है। इन खबरों से निवेशकों को राहत मिली है। बीएसई सेंसेक्स (Sensex) 36,724.74 के पिछले बंद स्तर की तुलना में बढ़ोतरी के साथ 36,821.71 पर खुला। 9.20 बजे के करीब सेंसेक्स 119.37 अंकों या 0.33% की वृद्धि के साथ 36,844.11 पर है। वहीं एनएसई का निफ्टी (Nifty) 10,844.65 के पिछले बंद स्तर के मुकाबले 10,860.95 पर खुल कर 60.60 अंकों या 0.56% की बढ़ोतरी के साथ 10,905.25 पर है। दूसरी तरफ छोटे-मॅंझोले सूचकांकों में भी मजबूती है। बीएसई मिडकैप में 0.35% और बीएसई स्मॉलकैप में 0.30% की वृद्धि है। वहीं निफ्टी मिड 100 में 0.53% और निफ्टी स
Read more

11-year data suggests bears control D-Street in September; can bulls defy odds?

-
Image
The Sensex was down 11 per cent in September 2008, 5.4 per cent in 2018 and dropped by 2.1 per cent in the same month in 2011, data from AceEquity shows. Indian markets remained in a bear grip in August and the trend is unlikely to shift towards the bulls with no big triggers expected in September, say experts. The month of September is off to a muted start, with both the Sensex and the Nifty trading below crucial support levels. The Sensex broke below 37,000 and the Nifty 11,000. Anecdotal evidence suggests that the index has given flat to negative returns in September in six of the last 11 years. The index saw a drop of more than 11 percent in September 2008, followed by 2018 when it slipped 5.4 percent, and in 2011 it dropped by 2.1 percent, data from AceEquity shows. Apart from two tall towers witnessed in 2009 and 2010, the gains in September in the 11-year period have not been that inspiring. The index rallied 10.2 percent in 2010, followed by 10.13 pe
Read more