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TATASTEEL
LTP: 533
Expected Upside: 675
Its My Personal View For This Target 675. Buy Recommendations For All The Investors or Traders. Medium Term To Long Term Prospective. All the Fundamentals & Technical Levels Also Providing Indications For Strong Buy.
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Exide Industries
LTP: 171.50
Expected Upside: 205
"Exide Industries reported better than expected results as sales/EBITDA/net profit were higher than our forecasts by 11/19/27 percent. We raise FY21 sales/EBITDA/EPS estimates by 6/11/14 percent respectively given better than expected Q2FY21 results. We also raise FY22 estimates by 4/7/9 percent. Our SOTP based target price (based on FY23 earnings) stands at Rs 205". Its My personal view and 100% buy recommendations for all traders or investors. I believe to hold positions from short term to long term. This target is for very short term to mid term period.
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Sun Pharmaceutical Industries
LTP: Rs 503.80
Target price: Rs 618
Expected Upside More Then Written Price
The brokerage believes the US business for Sun Pharma (excluding Taro Pharmaceuticals and Dusa Pharmaceuticals) should start growing as 92 ANDAs (abbreviated new drug applications) and 6 NDAs, which are pending approval, gradually start reflecting in incremental revenues.
Price erosion in base business is unlikely to be painful as the same is now commoditised with a median competitive intensity of eight players across its marketed ANDA portfolio.
In addition to complex ANDAs, Sun Pharma is also aggressively developing value-added generic drugs that are targeting the following segments:
1) Patients suffering from dysphagia.
2) Dosing convenience.
3) Improved health care administration.
The domestic business should deliver a low double-digit growth and outpace the Indian pharmaceutical market driven by its large exposure to the chronic segment. the brokerage said.
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Greetings and best wishes on the occasion of #chhathPuja,
a festival dedicated to worshiping of Sun God.
May all be blessed with good health, happiness, and prosperity.
MCX Nickel November
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Now Cmp: 1200
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India’s two main indices, Nifty and BSE Sensex, didn’t pay heed to the stimulus package, Atmanirbhar 3.0, announced by Finance Minister N Sitharaman. The Sensex dropped 0.54% while Nifty lost 0.46%.
Market analysts are divided on the reason why: Either the market has taken the stimulus into account already or today was a day of profit booking and the market will resume its rally soon.
However, while the Sensex and Nifty dropped, the NIFTY Midcap 100 index was up by 0.41% and the NIFTY Smallcap 100 was up by 1.31%. As the FM announced measures for the MSME segment that gave a lot more clarity to the mid and small-cap stocks on the government’s efforts to support the companies in the space and increase investments. Some of the measures that will provide to the sector include:
Reported Consolidated quarterly numbers for NCC are:
Net Sales at Rs 1,708.32 crore in September 2020 down 11.86% from Rs. 1,938.28 crore in September 2019.
Quarterly Net Profit at Rs. 64.60 crore in September 2020 down 21.39% from Rs. 82.18 crore in September 2019.
EBITDA stands at Rs. 267.69 crore in September 2020 down 15.85% from Rs. 318.10 crore in September 2019.
NCC EPS has decreased to Rs. 1.06 in September 2020 from Rs. 1.37 in September 2019.
NCC shares closed at 36.10 on November 10, 2020 (NSE) and has given 53.62% returns over the last 6 months and -37.44% over the last 12 months.
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#USAMarkets #GlobalMarket #GlobalMarkets Buy These 7 #Stocks For Short To Medium Term Only For Huge Upside Moves.. All Below 50.... No...