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Analysts said cigarette volumes and profits were both better than forecasts, and the beat in FMCG was driven by both growth and margin. They find ITC attractive also because of​ solid growth in other segments and 4-5 per cent dividend yield.

ICICI Lombard share price down 2.73 per cent

Updated at : 2022-05-19 13:20:03

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A total of 3,233 shares changed hands on the counter till 11:57AM (IST).

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As of 31-Mar-2022, promoters held 28.23 per cent stake in the company, while FIIs held 34.31 per cent and domestic institutional investors had 11.22 per cent.

Buy NOCIL, target price Rs 310: HDFC Securities

Updated at : 2022-05-19 13:20:03

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NOCIL, incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 4180.17 crore) operating in Chemicals sector.

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As of 31-Mar-2022, promoters held 50.05 per cent stake in the company, while FIIs held 12.75 per cent and domestic institutional investors had 9.23 per cent.

BNP Paribas listed out a three-point investment framework for stock selection, saying that the three factors were necessary though not sufficient conditions for stock returns over the long term.

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​ TeamLease Services, incorporated in the year 2000, is a Mid Cap company (having a market cap of Rs 5804.35 crore) operating in Services sector.

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The company has reserved 50 per cent of the net offer for qualified institutional buyers (QIBs), whereas non-institutional buyers (NIIs) will get 15 per cent allocation. The remaining 35 per cent shares will be given to the retail bidders

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A total of 21,616 shares changed hands on the counter till 11:31AM (IST)

“The beauty of this market is one does not have to sit in cash. Now there are opportunities. I am not recommending but I am just giving you what my portfolio has. It has things like the IndiGrid Trust, Power Grid Trust, real estate REITs which are giving quarterly returns, the share prices are good, people are buying because the asset values are going up at the end of the day.”

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