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The National Company Law Appellate Tribunal (NCLAT) on May 25 stayed the Mumbai NCLT’s order directing the administrator of Dewan Housing Finance (DHFL) to consider a settlement proposal from its former promoter Kapil Wadhawan.
Neutral on Page Industries, target price Rs 17,905: Motilal OswalThere is no evidence yet that the company has turned the corner toward recovering anywhere close to the 30 per cent earnings CAGR witnessed during FY08-18.
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… Read MoreBest picks: NCDs of top-rated finance companies beat bank returnsWhile a FD by SBI fetches 5.3%, some NCDs could return 7-9% if held to maturity.
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… Read MoreStocks sell-off as coronavirus surge knocks recovery hopesMarkets in Hong Kong and mainland China are closed for public holidays on Thursday.
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… Read MoreRollovers hint at limited upside for Nifty in JulyNifty rollovers on expiry day stood at 71.6% higher than the three-month average of 69.7%
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… Read MoreUS stocks end up, recovering some of rout's lossesAfter a choppy session, the Dow Jones Industrial Average stood at 25,745.60, up 1.2 percent or around 300 points after losing 700 points Wednesday. The broad-based S&P 500 gained 1.1 percent to 3,083.76, while the tech-ri… Read More
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