[ad_1] Brokerage firm BofA Securities on Wednesday, April 2, downgraded its rating on shares of Nestle India Ltd. and cut its target price by 7.5%. The brokerage now has an “underperform” rating on the stock from the previous “neutral” rating and has cut its price target to ₹2,140 per share from the previous ₹2,315 apiece. […]
SEBI issues insider trading warning to Nestle India over contra-trade violation – CNBC TV18
[ad_1] The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Nestle India for a violation of insider trading regulations. The warning, addressed to the company’s Compliance Officer, was issued by SEBI’s Deputy General Manager for a contra-trade violation under the SEBI (Prohibition of Insider Trading) Regulations, 2015. According to Nestle […]
Trade Setup for January 31: 20-DMA remains a hurdle for the Nifty ahead of Union Budget – CNBC TV18
[ad_1] The market exhibited high volatility on the monthly expiry day but managed to extend its winning streak for the third consecutive session. After opening on a positive note, the market moved higher in the early part of the session. Intraday volatility occurred in the mid-session, but the markets ended largely higher. Company Value Change […]
Tata Motors, three other shares get added to CLSA India model portfolio; HDFC Bank out – CNBC TV18
[ad_1] Tata Motors Ltd., along with three other companies, NTPC Ltd., Nestle India Ltd., and Britannia Ltd. have been included in brokerage firm CLSA’s India focus portfolio. On the other hand, India’s largest private lender, HDFC Bank has been removed from the portfolio as the brokerage has cut its “overweight” stance on banking stocks. Company […]