US-based oil company Occidental Petroleum Corp has said that it has posted a profit for the second-quarter because of the constantly increasing price of crude oil. 
The leading Engineering conglomerate Larsen & Toubro Ltd has declared its financial results for the June quarter of the fiscal year 2010-11. There has been a huge drop in the net profit of the company in the quarter under review.
Leading commercial vehicle maker Ashok Leyland has announced its first quarter financial results for the fiscal year 2010-11. According to the report, it company has registered a mammoth sixteen fold rise in the net profit of the company in the June quarter of the year against its like period a year ago. 
After the opposition disrupted the proceedings in the parliament demanding the fuel price hike across the country, the petroleum Minister has declined any roll back of the fuel hike saying that why should the government pay Rs. 5,000 crore per quarter for the petrol being used in anyone's car? Moreover, Deora also pointed out the fact that there hasn't been any hike for the past four years and the recent hike in just minimal. 
With a view to get its strategy right in the first place, Parthenon Group has recently inducted renowned author, management guru and public intellectual, Gurcharan Das to its strategic advisory board for their India office. BOB Capital Markets has upgraded Kalyan Jewellers to BUY from HOLD with a target price of Rs 786, implying about 18% upside from Rs 664.
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Featured, India Business, Analyst View, BOB Capital Markets, Bullion Update, India, Kalyan Jewellers
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Steel Sector, Tata Steel
ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.
Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.
Featured, India Business, Analyst View, Auto Sector, BOB Capital Markets, India, Mahindra & Mahindra
BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Retail Sector, Swiggy
ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.
ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market pric
Main Regional Stories
ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the RPSG Group music label posted a robust September qu
Featured, India Business, Analyst View, Stock Markets, BOB Capital Markets, Cera Sanitaryware, India, Mumbai
BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.
ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs 260.
Featured, Analyst View, Futures & Options, Stock Markets, Banking Sector, ICICI Securities, India, SBI
ICICI Securities has maintained its BUY call on State Bank of India with an unchanged target price of Rs 1,300, implying about 34% upside from the current market price of Rs 970.
