Wednesday 29 August 2018

3 STOCKS WHICH COULD GIVE UP TO 12% RETURN

Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a fall of 10 points or 0.09 percent. Nifty futures were trading around 11,749-level on the Singaporean Exchange.



STOCKS IN NEWS

Tata Steel issued 11.80% PHS in the form of NCD worth Rs 1500 crore

Jubilant Foodworks - CRISIL Rating for CP worth Rs 200 crore as 

CRISIL A1+

Quality board meeting on September 1 to consider Issuance of 

securities by way of QIP/ADR/GDR

Bharat Financial completes first Direct Assignment transaction of 

Rs 512.81 crore in FY 19

Page Industries seeks shareholders approval for Appointment of 

Mr. Shamir Genomal as Deputy Managing Director

credit access Grameen completed a securitization transaction of Rs 91.22 crore

Lakshmi Vilas Bank: Company says it executed a Corporate 

Agency Agreement with HDFC ERGO General Insurance 

Company

Jet Airways: Will Induct 11 Boeing 737 Max aircrafts this fiscal 

year

JSW Steel replaces Lupin in fresh Nifty rejig; to be effective from 

September 28

Technical Recommendations:

We spoke to IDEAL STOCK and here’s what they have to recommend:

VEDANTA LTD: BUY | CLOSE: 230.30 | TARGET: RS 255| STOP LOSS: RS 217 | RETURN: 10.73%

KOTAK MAHINDRA BANK LTD: BUY | CLOSE: 1285.10 | TARGET: RS 1330 | STOP LOSS: RS 1250 | RETURN: 3.5%

GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS LTD: BUY | CLOSE: 119.60 | TARGET: RS 135 | STOP LOSS: RS 110 | RETURN: 12.88%

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