TCS, Yes Bank, Tech Mahindra and Zee are the top gainers, while Airtel, Axis Bank, and Bharti Infratel have lost the most.
Housing Development Finance Corporation shares gained a percent in morning as Investec believes company should benefit from the liquidity crisis on account of its strengths on liability side.
While having a buy call on the stock, the research house raised its target price to Rs 1,950 from Rs 1,825 earlier, implying a 4 percent potential upside.
Investec expects HDFC to gain market share in the current year, preserving its profitability, and expects more than 14 percent value compounding over medium-term.
Huhtamaki PPL shares plunged as much as 7.6 percent in morning after getting closure directions from Maharashtra Pollution Control Board for its Thane plant in Maharashtra.
In response to the allegation, the company has filed a Writ Petition in the Bombay High Court on November 21, challenging and setting aside the closure direction.
NMDC shares fell 1.8 percent in morning on Thursday after global brokerage house Macquarie downgraded the stock to neutral amid Donimalai lease issue.
The research house also reduced its FY20-21 EPS estimates by 9-5 percent as it feels Donimalai lease issues may be a drawn-out legal battle.
"We build a 6-month disruption into the base case, but risks are on downside. Steel plant is facing some delays, & we push commissioning by 6 months to FY21," Macquarie said.
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