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Holcim in 2021 announced ‘Strategy 2025’ where it articulated its target to expand Solutions & Products to 30 per cent of group net sales from 8 per cent in 2020 and 15 per cent in 2021. It is also aiming to grow aggregates and ready-mix business by 2025, but the cement division.

Gautam Baid said a plummeting stock price in an otherwise steady market often turns out to be an accurate harbinger of deteriorating fundamentals for a company.

As public market investors, here are a few common mistakes that one must avoid:

While CLSA has retained its Rs 2,040 target on Infosys, Nomura has reduced its target to Rs 2,050 from Rs 2,160.

“I am really hopeful that companies like Truebill and Microsoft, Facebook which today dominates most of the internet – in the new Web3 world – would be built on Blockchain and that would hopefully come from India. It would not only create value in India but dominate the world also. I am very very hopeful that in the next 10 years, we would see major companies being built on Blockchain and that would come hopefully from India itself.”

According to a regulatory filing, Gopikishan Shivkishan Damani sold 10 lakh equity shares of the Chennai-based cement maker during the January-March period. Damani held 2,52,16,496 shares or 8.14 per cent stake in the company as of March 30, 2022, as against 2,62,16,496 equity shares or 8.46 per cent holding in the preceding quarter.

Investors holding the stock can remain invested while fresh money can be deployed on dips, suggest experts for a target of Rs 320-340 which translates into an upside of 13-20% from Rs 283 recorded on 13 April, suggest experts.

This is the first offshore USD Secured Overnight Financing Rate (SOFR) linked syndicated loan raised by SBI through its Gift City branch, a release said.

“Holcim was very slow in expanding its capacities and they were losing market share in the last 10 years. But if a new player comes in, he will try to reduce his acquisition cost by doing brownfield expansion at a low cost. So, under a new management, Ambuja and ACC will become far more aggressive and that is slightly negative for the incumbent leaders like UltraTech and Shree Cement.”

“It is more of an opportunity market. Overall, I do not think that the markets will do much this year. I do not see much returns from people who are hugging the index but specific opportunities will keep on coming and that is what we have to keep on buying.”