Gujarat Gas, MGL best positioned amid city gas sector’s uncertainty: Probal Sen

Gujarat Gas, MGL best positioned amid city gas sector’s uncertainty: Probal Sen

“So, pretty steep price hike that is required to sort of restore the margins to what they were, let us say, from an FY24 benchmark perspective,” says Probal Sen, ICICI Securities.Firstly, this is the second cut that we have seen when it comes to the APM gas allocation. So, cumulatively, how much has been the … Read more

Hot Stocks: Brokerages on Bharti Airtel, DMart, MGL, Cummins, Bajaj Finance and IRB Infra

Hot Stocks: Brokerages on Bharti Airtel, DMart, MGL, Cummins, Bajaj Finance and IRB Infra

US brokerage Jefferies has maintained a buy view on Bharti Airtel and MGL while Cummins India received a ratings upgrade from HSBC. Among other notable brokerage actions, BofA reiterated a buy view on NBFC play Bajaj Finance while CLSA initiated a coverage on Avenue Supermarts. Kotak Securities also upgraded IRB Infrastructure to ‘Add’ from an … Read more

F&O Stock Strategy: How to trade MGL, Godrej Consumer, Apollo Hospital

F&O Stock Strategy: How to trade MGL, Godrej Consumer, Apollo Hospital

Nifty, which had formed a bearish engulfing pattern on the weekly as well as on daily charts, opened Tuesday’s trading session on a strong note with the index scaling above the 21,700 level.Given the circumstances, three stocks have formed a strong setup on the technical charts giving an attractive risk-to-reward ratio. Analyst: Sheersham Gupta, Director … Read more

Kunal Bothra’s trading ideas for Monday’s session

Kunal Bothra’s trading ideas for Monday’s session

The traders will not go in heavy for the markets because of this sudden intraday jerks and volatility which we are seeing in the indices says the independent market expert. In terms of the overall trend going forward, what are going to be the key things to watch out for? I think first of all … Read more