Dr CK Narayan of Chart Advise has a buy call on Cipla with a target price of Rs 590.The current market price of Cipla is Rs 578.25.Time period given by analyst is intraday when Cipla price can reach defined target.Dr CK Narayan recommended to keep stoploss at Rs 574.Cipla, incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 46,523.54 crore) operating in Pharmaceuticals and health care sector.Cipla key Products/Revenue Segments include Tablets & Capsules which contributed Rs 6,163.98 crore to Sales Value (56.16 per cent of Total Sales), Injections/Sterile Solution which contributed Rs 1506.33 crore to Sales Value (13.72 per cent of Total Sales), Aerosols which contributed Rs 1276 crore to Sales Value (11.62 per cent of Total Sales), Bulk Drugs which contributed Rs 862.17 crore to Sales Value (7.85 per cent of Total Sales), Liquids which contributed Rs 466.89 crore to Sales Value (4.25 per cent of Total Sales), croreeams which contributed Rs 307.84 crore to Sales Value (2.80 per cent of Total Sales), Export Incentives which contributed Rs 162.31 crore to Sales Value (1.47 per cent of Total Sales), Other Operating Revenue which contributed Rs 112.22 crore to Sales Value (1.02 per cent of Total Sales), Others which contributed Rs 53.87 crore to Sales Value (0.49 per cent of Total Sales), Other Services which contributed Rs 36.44 crore to Sales Value (0.33 per cent of Total Sales) and Scroreap which contributed Rs 26.53 crore to Sales Value (0.24 per cent of Total Sales)for the year ending 31-Mar-2017.For the quarter ended 31-03-2017, the company has reported a Consolidated sales of Rs 3487.04 crore, down 1.77 per cent from last quarter Sales of Rs 3550.02 crore and up 7.20 per cent from last year same quarter Sales of Rs 3252.86 crore.The company's top management includes Dr.Peter Mugyenyi, Dr.Y K Hamied, Mr.Adil Zainulbhai, Mr.Ashok Sinha, Mr.M K Hamied, Mr.Peter Lankau, Mr.S Radhakrishnan, Mr.Umang Vohra, Ms.Ireena Vittal, Ms.Naina Lal Kidwai, Ms.Punita Lal, Ms.Samina Vaziralli. Company has Walker Chandiok & Co. LLP as its auditors.cent Sales Cipla contributed Rs crore Sales Dr Mr Ms quarter Rs crore Sales cent
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Independent analyst Kunal Bothra has buy call on Jubilant Foodworks with a target price of Rs 1,375.The current market price of Jubilant Foodworks is Rs 1333.25.Time period given by analyst is intraday when Jubilant Foodworks price can reach defined target.Kunal Bothra recommended to keep stoploss at Rs 1,310.Jubilant Foodworks, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 8,797.05 crore) operating in Food Processing sector.Jubilant Foodworks key Products/Revenue Segments include Pizza which contributed Rs 1,887.48 crore to Sales Value (74.13 per cent of Total Sales), Others which contributed Rs 454.29 crore to Sales Value (17.84 per cent of Total Sales), Beverages which contributed Rs 100.47 crore to Sales Value (3.94 per cent of Total Sales), Desserts which contributed Rs 67.68 crore to Sales Value (2.65 per cent of Total Sales), Dips which contributed Rs 27.26 crore to Sales Value (1.07 per cent of Total Sales), Others (Traded) which contributed Rs 8.35 crore to Sales Value (0.32 per cent of Total Sales) and Other Operating Revenue which contributed Rs .54 crore to Sales Value (0.02 per cent of Total Sales)for the year ending 31-Mar-2017.For the quarter ended 30-06-2017, the company has reported a Standalone sales of Rs 678.82 crore, up 10.78 per cent from last quarter Sales of Rs 612.78 crore and up 11.51 per cent from last year same quarter Sales of Rs 608.76 crore.Company has reported net profit after tax of Rs 23.84 crore in latest quarter. Company has Deloitte Haskins & Sells LLP as its auditors.analyst Bhartia cent contributed Rs Jubilant Foodworks Kunal Mr quarter Rs crore sales
Kacy Merseal was heading back from a Bruno Mars concert when troopers say a suspected drunk driver hit her car. Authorities charged Brandon Dellwo with criminal vehicular homicide, noting a history of alcohol-related misdemeanors.Bruno Concert driver drunk heading Kacy Mars Merseal suspected troopers
Why was the media reluctant to cover the Clinton, Lynch secret meeting in plane?
NEW DELHI: Domestic equity markets are likely to open on a negative note on Wednesday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.ET Now spoke to various experts and here's what they have to recommend for today's trade: Jubilant FoodWorks is a 'Buy' call with a target price of Rs 1,375 and a stop loss of Rs 1,310. Nifty Bank is a 'Sell' call with a target price of Rs 24,400 and a stop loss of Rs 24,750.call Delhi domestic equity FoodWorks markets Nifty Rs Sell stop
A guarantor, who lost money after banks invoked the guarantee, can hope to recover his dues under the new recovery law the Insolvency and Bankruptcy Code.The Delhi Bench of the National Company Law Tribunal (NCLT) has admitted a case filed by a guarantor under insolvency resolution proceedings for a loan where the borrower had taken the loan from a bank, but failed to repay it.The guarantor, Davinder Ahluwalia & Anr, approached NCLT under IBC against Ms Summit Aviation to recover dues worth Rs 1.05 crore, which Punjab National Bank collected from the guarantor. The corporate debtor has mortgaged immovable property with PNB for the loan while Davinder Ahluwalia & Anr was the guarantor.To reduce the liability of the borrower, the guarantor had paid a sum of Rs 1.05 crore to the bank but the borrower failed repay, following which the guarantor has approached the NCLT.bank borrower dues guarantor Insolvency law loan NCLT recover The
Mutual funds holding shares of J Kumar Infraprojects were caught on the wrong foot after the company was included in Grade Surveillance Measure -Grade VI by the exchanges with immediate effect. We are confident the company will come out of the surveillance and will start trading normally soon," said a fund manager of one of the mutual funds listed above which holds the stock.E-mails sent to the fund houses did not elicit any response.Analysts believe the net asset values of schemes owning the stock are unlikely to fall immediately unless the holdings are huge.fund grade HDFC holding Kumar MF mutual scheme shares stock
Nifty has breached crucial support of its 10 Days EMA, indicating short term bearish trend reversal in the Index. Technical evidences suggest that Nifty is likely to extend the fall towards 9,700-9,750 in the coming days.bearish bullish crucial evidences higher indicating moving averages Nifty Rs stock
India's non-basmati rice exports are likely to slow over the next few months as its shipments of the grain have become too expensive on the world market due to a rally in the rupee and an increase in local paddy prices.
There will be definitely a slowdown in exports," Nitin Gupta, business head of rice at Olam India, told Reuters.exports India lower market paddy Rice rupee Shipments tonne Vietnam
The stock has been on a good run with steady and gradual rise in the past 2 months and now it has given a closing breakout above the previous peak level of 1220 to signify strength and potential to rise further upward. We recommend a buy in this stock for an upside of 1385 keeping a of 1200The stock has been in consolidation phase for quite some time moving in a very narrow range and now it has produced a positive candle pattern in the daily chart closing above the previous highest closing of 1325.closing keeping past recommend rise RSI stock Trend upside Volume
Three years after it acquired a pair of drones that it chose not to deploy in response to protests about potential surveillance uses, the Los Angeles Police Department plans on taking its first step towards a drone pilot program.acquired chose deploy drone pair potential protests response surveillance years
ET Intelligence Group: Earnings prospects of Hindalco , the country's largest aluminium producer, look brighter than before following consistent improvement in the performance of Novelis, its US subsidiary , and firm aluminium prices.This promising future has prompted investors to make fresh purchases in its counter on Tuesday even though the overall mood on Dalal Street was sombre. Hindalco's stock gained 3.3 per cent on the BSE at the end of the day's session while the benchmark S&P BSE Sensex lost 0.8 per cent.Novelis, which produces aluminium products, such as sheets and cans, reported 16 per cent jump in revenue and 8 per cent growth in operating profit before depreciation (EBIDTA) on year-on-year basis.aluminium BSE cent EBIDTA growth Hindalco Novelis Revenue segment year
Mumbai: Sebi 's shock treatment to 'shell companies' may have its links to a report prepared last year by the investigation wings of the Income Tax offices in Mumbai and Kolkata. The same set of transactions are enacted with promoter controlled entities first selling stocks at the bottom to `C', buying them back at the peak a year later and collecting cash from `C'.“But now that Sebi and government agencies are focusing on such trades, it will not be easy to launder money and generate losses using this route.cheque companies money promoter Rs Rs lakh shares stock tax trade
NEW DELHI: Domestic equity markets are likely to open on a negative note on Wednesday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.SGX Nifty was down 29.50 points, or 0.30 per cent, at 9,977.50 around 8.05 am (IST), indicating a negative start for NSE Nifty index.Here is a list of top stocks that are likely to be in focus today:Tata Motors, Aurobindo Pharma Eicher Motors , Nalco, NMDC PTC India Financial and Thomas Cook are some of the companies, which will report their quarterly results today. Its profit stood at Rs 640 crore in the year-ago period, according to a regulatory filing.The company is looking for acquisitions in the technology and contract logistics space, seeking to grow its business in India where opportunities will likely grow at a faster clip under GST.Lenders of Tata Teleservices (Maharashtra) Ltd (TTML) may recall loans of Rs 1,911 crore as the telecom firm has not been able to satisfy them with its financial performance, according to company note on the Bombay Stock Exchange.Kishore Biyani-owned company, which operates Big Bazaar supermarket chain, said net profit soared 110 per cent to Rs 148 crore in the quarter to June on higher sales.cent consolidated India Nifty profit quarter reported Rs crore stock The
ET Intelligence Group: The swelling flow of domestic funds in the local equity market raises concern over its stickiness. But, data pertaining to the proportion of assets under management (AUM) and household savings in the GDP indicate that the flow may remain intact in the medium term.The total AUM of domestic mutual funds is 12 per cent of the GDP as compared to the global average of 55 per cent.AUM cent domestic equity flow GDP inflow mutual fund saving years
The world is again on the verge of a nuclear face-off as the war of words between US and North Korea escalates fast. US President Donald Trump said on Tuesday North Korea "will be met with fire and fury like the world has never seen" if it threatened the United States again.country export North Korea report Rs Secs maturing states tax The yield