Corporate Radar: Mastek, RITES to turn ex-dividend & more
Also Banswara Syntex, a smallcap company from the textile-spinning sector, shall turn ex-split. The company has announced the change in its scrip face value from Rs 10 to Rs 5. The record date based on which the company shall determine the eligibility of shareholders for split shares is September 9, 2022.
The entire cement sector is in a state of boom. Deccan Cements is best placed to report bumper earnings. Buy immediately for hefty gains in the next two quarters.
Deccan Cement’s results confirm the boom in the cement industry. ItsQ4 EPS stood at Rs. 15.76 v/s negative Rs. 1.11 in Q4FY20. FY21 EPS was Rs. 82.19 v/s Rs. 40.44 in FY20, which augurs well for the company. A good buy at current rates.
Deccan Cements, manufacturer of a wide variety of cements, has posted 725% higher Q3 EPS of Rs 24 and 56% higher 9MFY21 EPS of Rs 66, which could take FY21 EPS to Rs 90 on its small equity of Rs 7 cr. The share, which made a lifetime high of Rs 1280 on 28 April 2017 is poised to ......read more
Buy Deccan Cement; Target Of Rs 535: HDFC Securities
HDFC Securities is bullish on Deccan Cement has recommended buy rating on the stock with a target price of Rs 535 in its research report dated February 13, 2021.
Anand Rathi is bullish on Deccan Cements has recommended buy rating on the stock with a target price of Rs 514 in its research report dated November 14, 2020.
Hot Stocks | Here's why Deccan Cements, LIC Housing Finance and ICICI Lombard are short-term bets
The ‘RSI-Smoothened’ is moving northwards after entering the bullish territory above 70 and adding to this, the ‘ADX (14)’ is becoming stronger as we can see its value rising well above the 25-mark.
We could see 13,100–13,200 level on Nifty in the forthcoming week: Sameet Chavan
The next milestone of 13000 is likely to be achieved very soon; in fact, we do not rule out the possibility of reaching 13100 – 13200 in the forthcoming week itself.
Hot Stocks | Venky's (India), Deccan Cements can give up to 12% return in short term
This rally can be considered a healthy one because almost all sectors have contributed to it and financial space has dominated it along with the late participation from the broader market.
Hot Stocks | Can bet on Deccan Cements, Tata Communications, Welspun Corp for short-term
On the downside, immediate support is seen at 11,717 where a 20-day SMA is placed. Nifty has never closed below its 20-day SMA in the month of October.
Hot Stocks | IEX, Deccan Cements, Gujarat Gas can give up to 14% return in short term
There are multiple pieces of evidence that suggest that Nifty is likely to find strong support in the range of 11,200-11,300 and unless the index closes below 11,200, the uptrend is still intact.
Anand Rathi is bullish on Deccan Cements has recommended buy rating on the stock with a target price of Rs 458 in its research report dated August 17, 2020.
Buy Deccan Cements; target of Rs 380: HDFC Securities
HDFC Securities is bullish on Deccan Cements has recommended buy rating on the stock with a target price of Rs 380 in its research report dated August 15, 2020.
BNP Paribas acquires 0.7% stake in TVS Motor; LTS Investment Fund buys 25 lakh shares in Vikas EcoTech
LTS Investment Fund acquired 25 lakh shares in speciality chemical provider Vikas EcoTech (representing 0.89 percent of its total paid-up equity capital) at Rs 9.13 per share
Anand Rathi is bullish on Deccan Cements has recommended buy rating on the stock with a target price of Rs 348 in its research report dated June 27, 2020.
Buy Deccan Cements; target of Rs 370: HDFC Securities
HDFC Securities is bullish on Deccan Cements has recommended buy rating on the stock with a target price of Rs 370 in its research report dated June 26, 2020.