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Mankind Pharma Files For IPO Today: Key Takeaways
Mankind Pharma has emerged as India's 4 largest pharmaceutical company (by domestic sales). The leading drug maker is engaged in developing, manufacturing, and marketing a vast range of pharmaceutical formulations across several acute and chronic therapeutic areas, as well as several ...
Anticipation on crude going forward: Citi outlook
Amid recessionary pressure and hence the weak demand outlook, there is seen global crash in some of the commodities and one of them happens to be oil too. Nonetheless as of writing this copy, Brent benchmark is still up above $100 ...
Citi Lowers Nifty Target For March 2021 To 10,100
Citigroup Global Markets cut its Nifty target for March 2021 from 11,400 to 10,100 as the three-week lockdown in India amid the coronavirus scare threatens to hit the economy sharply. In a note titled ‘Lockdown Blues' on Thursday, Citigroup said that ...
Citi Bank Won't Allow Use of Its Cards for Cryptocurrency Purchase
Multinational Citi Bank, which is among the top five issuers of card issuers in India sent an official email to all its cardholders today informing its decision to discontinue card facility to purchase cryptocurrency. The email said,"Given concerns, both globally and ...
SBI stock rallies after Rs 7000 crore QIP
Shares in India's largest bank, State Bank of India rallied more than 1 per cent, after the bank was able to push through a successful QIP. The State Bank of India stock was last trading 1.2 per cent higher at ...
6 stocks that Citi recommends for 20% returns in 2013
Global investment and brokerage house Citi has a target of 20,800 for the Sensex by the end of the year. Here are 6 stocks that the firm recommends and which it believes could give investors more then 20 per cent returns in 2013. {photo-feature}...
Citi says Q3 earnings will be disappointing
Citi has said that those expecting an earnings upgrade for Q3 2013 could be disappointed. "Earnings growth (in Q3) will be lower than the prior 2 quarters (average 11 percent), sales growth should slip to single digit (8 percent), and ...
Citi, Barclays downgrade L&T; stocks dip
Shares of the Larsen & Toubro Ltd dipped after Citigroup and Barclays downgraded the company on account of order cancellations and weak investment cycle. As per reports, Citi downgraded L&T to 'neutral' from 'buy' and cut its target price to ...
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