23, Feb, 2019
ITC gains 2% after CLSA hikes price target to Rs 400 on favourable risk-reward

Stock Market

  Volumes driven by M&HCV, LCV: Volumes grew ~27% YoY (+23% QoQ), led by M&HCV (volumes up 22% YoY) and LCV (volumes up 42% YoY) segments. Realization declined 1.3% QoQ (-1.2% YoY) to INR1.46m/unit (our estimate: ~INR1.48m), reflecting a weaker mix. Revenue grew 25% YoY (+22% QoQ) to INR76b (our […]

An ugly start to European trading pushed world shares towards their lowest level in a year on Tuesday, as negative drivers from Saudi Arabia’s diplomatic isolation to worries about Italy’s finances and trade wars piled on the pressure. Selling escalated from Wall Street into a heavy selloff in Asia before […]