Jamshedpur-based Kross Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO) of shares. The Rs 500 crore worth IPO comprises fresh issue worth up to Rs 250 crore, and an offer for sale aggregating upto Rs 250 crore …
Brokerage firm Investec has a buy rating on BSE Ltd. Emkay upgraded LIC to buy, and CLSA maintained a buy on Ashok Leyland and on Eicher Motors. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on BSE: Buy| Target Rs 2345Investec maintained a buy rating on …
Nifty futures traded 17.5 points, or 0.09 per cent, lower at 19,312, signaling that Dalal Street was headed for a negative start on Monday. Here’s a slew of stocks that will be in focus today for various reasons. SJS EnterprisesMarquee investor Ashish Kacholia sold part of his stake in aesthetic solutions provider SJS Enterprises for …
Ashok Leyland, part of the commercial vehicle space, gave a breakout from a 4-year-long Cup and Handle pattern on the weekly charts which have opened room for the stock to head towards Rs 200 level in the next 3-4 months. Short to medium-term traders can look to buy the stock now or on dips as …
Global index services provider MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on …