Should oil prices fall, which is a high possibility after the Russia-Ukraine war, companies like Indian Oil should be big beneficiaries. In fact, all of the oil marketing companies should be beneficiaries. Emkay Global has a buy call on the stock of Indian Oil, for a nearly 16% upside on the stock from current levels. According to Emkay Global, MSME
HIL Limited (HIL) is a part of the C.K. Birla Group, headquartered in Hyderabad. With Rs 26 Bn of market cap, the company is one of the leading player in the building materials and construction industry. The company manufactures asbestos FC sheets, coloured steel sheets, non-asbestos corrugated roofing sheets, new generation building products
S&P Global Ratings on Wednesday cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict. In its Global Macro Update to Growth Forecasts, S&P said inflation remaining higher for long is a worry, which requires central banks to raise rates more, MSME
Indian headline indices are up for the 3rd straight day tracking global cues. Meanwhile, as the Nifty crosses past 16,300 mark, here is a stock to buy for significant upside of over 50%, dividend and bonus shares. Even though the oil and gas sector major as per the brokerage has come out with below estimate results. It has maintained 'Buy' rating on the stock, MSME