[ad_1] Shweta Daptardar, Vice President – Diversified Financials at Elara Securities, said the Reserve Bank of India (RBI) is expected to rationalise existing gold loan norms rather than make them stricter. Her comments came after RBI Governor Sanjay Malhotra clarified during the post-policy press conference on April 9, “I never said that the gold loan […]
This hotel stock can gain as much as 93% in the next year – CNBC TV18
[ad_1] Samhi Hotels, one of India’s largest multi-branded hotel asset owners, could deliver a 63% upside from its January 23 closing price of ₹189, according to Elara Securities. From Monday’s closing price of ₹180.60, this implies a 70% potential upside for the stock. Company Value Change %Change The stock had declined nearly 4% on Monday, […]
Elara Securities expects earnings upgrades for these pharma stocks – CNBC TV18
[ad_1] Bino Pathiparampil, Head of Research at Elara Securities (India), listed the brokerage’s top picks from the pharma sectors that are expected to benefit the most from a falling rupee. “The depreciation in rupee is going to help almost all the players, especially the large players who have big presences in the US. So that […]
Auto sector set for festive boost, Elara Securities lists potential outperformers – CNBC TV18
[ad_1] The festive season this year is likely to add sparkle to auto stocks, according to Jay Kale, Executive Vice President at Elara Securities, with companies like Hero MotoCorp, Bajaj Auto, TVS, Escorts, Eicher, and Maruti Suzuki expected to outperform. “It is a play on the expectation that the festive season is expected to do […]