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Friday, January 26, 2018
Wednesday, January 24, 2018
Apollo Pipes Ltd ( 531761 )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks
Apollo Pipes Ltd closes
at ₹ 640.85
with a Fall
of - 2.30% on 24-Jan-2018
with formation of a Red Bearish Evening Star Candle on
Daily Price Chart. Technically, 531761 has entering into a Long
Term Bullish Trend. Major Momentum Indicators are showing
Strength on Daily Price Chart. Our NNI index has also turned Positive.
We may
BUY / Accumulate
Apollo Pipes Ltd at CMP
Target
: ₹ 850-875
Stop:
Loss : ₹ 611
Time
Frame: 3-6 Months
Financials
: https://www.screener.in/company/531761/consolidated/
Disclaimer : We are / may going to take
exposure shortly.
Government to infuse Rs 88,139 crore into 20 PSBs & its effect on Banking Industry
Banks in India will be needed INR 631 billion due to implementation of Ind-AS 109, INR 631 billion for Govt. Sector Banks. This amount is equivalent to write-down of 1.10% of its Assets & 1.5% of net worth at end-March 2017. For Pvt Sector Banks, it is INR258 billion. PSB are rising money individually along with latest govt captial infussion, which is to-the-mark to Positive for 7% grwoth in PS Bank's loan portfolio.
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