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Buy Apollo Tyres, target price Rs 345: Emkay Global

Updated at : 2022-11-16 11:25:01

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Apollo Tyres Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 18906.96 Crore) operating in Tyres sector.

Laxmi Organic Industries Ltd. key Products/Revenue Segments include Chemicals, Others, Jobwork & Spares, Coal, Scrap, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2022.

"Can Fin Homes can provide 50% returns between Diwali 2022 and 2023. The LIC and ICICI Bank stocks rank second and third, respectively. UltraTech Cement can also be purchased, as its 120 million tonne capacity combined with superior pricing power indicates future tailwinds. DLF would be a good choice for decent returns and a less volatile investment."

“Gland Pharma which after the results, showed 15% decline in one single day. But I think that was more to do with some sentiments on Chinese promoters or something of that kind. Nobody knows the actual reason. In fact, the company has shown a quarter-on-quarter good recovery of almost 20%. ”

The S&P BSE Sensex rose more than 200 points while the Nifty50 closed above 18400 levels on Tuesday.

"Overall, the entire pack looks good but this phase of outperformance, underperformance of the private versus PSU will keep happening. While it was PSUs over last year, it will be private over the next few months. Some other pockets like NBFCs and some of the smaller banks have recently given some very interesting medium term signals."

What if the Fed has to take rates up to 6%?

Updated at : 2022-11-16 10:20:02

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At its September meeting, the Federal Open Market Committee’s dot plot showed a higher trajectory of rate hikes, despite a deterioration in the growth outlook. A simple explanation for this anomaly is that the committee’s estimate of u*—alternatively called NAIRU, or the unemployment rate associated with price stability—has risen from the traditional 4%.

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Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 28842.83 Crore) operating in Pharmaceuticals sector.

The airline said the aircraft, converted from a passenger jet into a full-freighter configuration, would be used for general freight on the inaugural Delhi-Mumbai flight, while carrying general and e-commerce cargo -- CarGo -- on the return leg. The inaugural flights would carry a payload of more than 20 tonne on each leg.

Bharti Airtel starts offering 5G service in Gurugram

Updated at : 2022-11-16 09:20:01

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"I am thrilled to announce the launch of Airtel 5G Plus in Gurugram. Airtel customers can now experience ultrafast network and enjoy speeds up to 20-30 times faster than the current 4G speeds. We are in the process of lightning the entire city which will allow customers to enjoy superfast access to high-definition video streaming, gaming, multiple chatting, instant uploading of photos and more," Bharti Airtel, Delhi NCR, CEO Nidhi Lauria said.

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