Siddhartha Khemka, Head of Retail Research at brokerage and stock research house Motilal Oswal considers Bajaj Auto, Mahindra & Mahindra, Hero MotCorp, JSW Steel, JSPL and Tata Consultancy Serv
Brokerage house Motilal Oswal has suggested BUY Call for Gujarat State Petronet as the company expects to generate higher volumes after disruption caused by COVID-19 pandemic.
Mukesh Ambani-led Reliance has been announcing positive news about reducing debt and two major deals announced in the recent days have valued Jio Platforms at USD 65 billion.
Motilal Oswal Financial Services, one of India's leading stockbroking and research firm, has come out with earnings estimates on FMCG sector for the quarter ended March 2009.
The company in its latest research report revealed that Nestle's March quarter sales are expected to go up by 18.7% to Rs 1295.4 crore on Y-o-Y basis.
In addition, Motilal Oswal predicated Nestle's net profit to go up by 18.5% to Rs 201.5 crore on Y-o-Y basis.
Motilal Oswal, one of the leading equity research and broking houses of India, has come out with earnings estimates for Tata Tea for the quarter ended March 2009.
According to the research conducted by the firm, Tata Tea, the Largest Tea manufacturing company in India, is expected to register 9.7% growth in March sales to Rs 1291.4 crore on Y-o-Y basis.
In addition, the company's net profit is also predicted to go up by 18.6% to Rs 80.8 crore on Y-o-Y basis.