Tag Archives: picks

Looking to buy value picks? Consider capital goods stocks, say analysts

Valuations of these scrips are below their historical averages, and with the investment cycle expected to pick up and consumption slowing down, analysts are increasingly recommending shares of capital-goods companies for the next five years. “We see the capital-goods sector — especially L&T, Kalpataru Power, KEC and Polycab India — as good investment bets for next 3-5 years with strong ... Read More »

Dividend stocks can help tide over election volatility; here are IDBI Capital’s 15 picks

Indian market created history this week as Sensex and Nifty both hit record highs. The S&P BSE Sensex surpassed 39,000 to hit an all-time high of 39,270 whereas the Nifty50 surpassed 11,700 to hit a life high of 11,761 on April 3. History suggests that whenever the market makes highs, it is the high beta pack that rallies the most. But in ... Read More »

Yes Bank picks Deutsche India’s Ravneet Gill as Rana Kapoor successor

Yes Bank has received RBI’s approval to appoint Ravneet Gill as the MD CEO. (Image: Facebook) Private sector lender Yes Bank Thursday named Ravneet Singh Gill, currently heading Deutsche Bank India, as the managing director and chief executive to succeed Rana Kapoor, whose term ends on January 31. The Reserve Bank had last September asked Rana Kapoor, who is one ... Read More »

UK manufacturing picks up in September, ONS figures show

Manufacturing growth sped up in September, as UK factories continued to pick up from a sharp post-referendum drop, official figures show. Output from manufacturers rose by 0.6% last month, up from 0.2% in August and a 0.9% fall in July, according to the Office for National Statistics (ONS). Drug makers and factories carrying out repairs grew strongly, it said. However, ... Read More »

Vodafone picks BofA, Kotak, UBS, other banks for India IPO – sources

British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment Banking and UBS as joint global coordinators of its Indian unit’s IPO, people familiar with the matter said, kicking off its long-awaited listing plan. The IPO is expected to raise between $2 billion–$2.5 billion, Reuters previously reported, which, at the upper end, would make it India’s ... Read More »