Tag Archives: Edelweiss

Stocks in the news: Natco Pharma, Siemens, TeamLease, IFCI, Edelweiss Financial, JK Tyre, SAIL

Here are stocks that are in the news today: Results on July 8: Steel Strips Wheels, Goa Carbon, Delta Corp Mindtree: K Natarajan, NS Parthasarathy, Rostow Ravanan resigned. Adhunik Industries: Mahesh Kumar Agarwal, Non-Executive Director (Chairman) of the company, has resigned from the post of directorship. Siemens: Company transferred its leasehold interest in the property at Halol Industrial Area (Phase III) in ... Read More »

Buy Dewan Housing Finance; target of Rs 726: Edelweiss

Dewan Housing Finance (DHFL) ended FY18 on a positive note. AUM gathered significant momentum—rose >30% (average 20% growth over the past two years)—on the back of robust >80% YoY disbursement growth in Q4FY18. This, along with stable NIMs at 3.03%, supported revenue growth and asset quality also remained stable (GNPLs at 96bps) with coverage of 110% (105% in FY17). However, ... Read More »