Indo Count Industries, incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 2702.40 Crore) operating in Textiles sector.

ICICI Direct recommended hold rating on Indo Count with a target price of Rs 150 in its research report dated November 15, 2022.

Buy Indo Count Industries Ltd. at a price target of Rs 164.0 .

"We have our bets in consumer-led sectors and in banks. Our momentum smallcase is heavily tilted towards consumer stocks - autos, FMCG, cement, hotels and banking and financials at this point. These sectors are high performing but still low beta. Talking about stock picks, we like SBI, Federal Bank, Angel One and CAMS in the financial space. ITC, Jubilant Foods in consumer and for special festive cheer we like Titan and Kalyan Jewellers."

Indo Count Industries Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 3126.81 Crore) operating in Textiles sector.

ICICI Direct recommended hold rating on Indo Count with a target price of Rs 150 in its research report dated August 03, 2022.

Deepak Jasani, Head of Retail Research, HDFC Securities, said the 16,487-16,514 band is the next resistance for Nifty while the support has shifted to 16,070-16,140. “Positive global sentiments keep buoying the Nifty, and hence one will have to watch them closely.”

Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said a sharp cool-off in oil prices has improved sentiments for oil-sensitive sectors like FMCG, cement, paint and auto. “Nifty now needs to sustain above 16,000 mark to keep the positive momentum going ahead.

Indo Count Industries Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 2495.13 Crore) operating in Textiles sector.

Indiabulls Housing Finance, Welspun India, Infibeam Avenues, Nazara Technologies, Indo Count Industries, ITI and Indiabulls Real Estate witnessed strong selling pressure and hit their 52-week lows, signalling bearish sentiment on the counters.

“From a broader perspective, leaving aside this volatility, incrementally things are not looking good. We like the fact that the market has corrected and there might be opportunities in some of the largecap names but in terms of the incremental data points and the news flow, things are not looking that positive.”

Agrawal has picked up 70,00,000 equity shares or 5.69 per cent stake in Gati during the October-December quarter, the company's regulatory filing shows.

Delta Corp, Ganesh Housing, National Standard, Radhe Developers and Vikas Proppant are among the companies that will announce their December quarter results today.

Indo Count Industries Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 5190.62 Crore) operating in Textiles sector.

The homegrown auto major Tata Motors said it will hike prices of its commercial vehicles in the range of 2.5 per cent from January 1 to offset the increase in commodity and raw materials costs.

In order to meet the growing demand and capture the business opportunities, the companys board on Monday approved a BTA with GHCL for the aforesaid acquisition which has a fully operational manufacturing facility of 45 million meters annually located at Vapi, Gujarat. The facility also has sufficient land to double the capacity in the future.