Buy Chambal Fertilisers, target price Rs 499: HDFC Securities

SynopsisChambal Fertilisers & Chemicals Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 17932.32 Crore) operating in Fertilisers sector.AgenciesPromoters held 60.39 per cent stake in the company as of 30-Sep-2021, while FIIs owned 11.42 per cent, DIIs 13.18 per cent.HDFC Securities has buy call on & Chemicals…Continue Reading

Hemang Jani on 2 stocks where one can take disproportionate bets

Synopsis“ICICI Bank and Bharti Airtel are the two stocks where the overall growth trajectory continues to look very good along with relatively lower risk.” ETMarkets.com“We are in for a big up cycle when it comes to real estate and given the penetration level and even the affordability and the interest rates, housing finance companies at…Continue Reading

India’s southern Karnataka state imposes weekend curfew

The Karnataka government on Tuesday decided to impose weekend curfew and extend the night curfew for two weeks in the state in view of the alarming rise in the number of COVID-19 cases. The government also decided to shut schools and pre-university colleges except for 10th and 12th standard students for two weeks. It announced…Continue Reading

India reports over 58,000 COVID-19 cases in 24 hours; over 2,000 Omicron cases

India reported over 58,000 coronavirus cases in the last 24 hours including 534 fatalities. According to India’s health ministry, the daily positivity rate is at 4.18 per cent with 2,14,004 active cases. The total coronavirus cases reported was 58,097 along with 15,389 recoveries on Wednesday. The total death toll due to the virus in the…Continue Reading

J&K: Security forces kill three JeM terrorists including Pak national in Pulwama

At least three terrorists were killed in an encounter with security forces in Jammu and Kashmir’s Pulwama district on Wednesday. Reports said the terrorists belonged to Jaish-e-Mohammad(JeM) with one of them being a Pakistan national. Police said they had recovered a large number of arms and ammunition including 2 M-4 carbines and rifles.  The security…Continue Reading

India’s exports hit an all-time monthly high in December

India exported commodities worth $37.29 billion in December, the largest monthly total ever, as demand for engineering products, petroleum products, and gems and jewellery continued to surge. According to preliminary figures issued by the commerce and industry ministry, India’s merchandise exports totaled approximately $300 billion in April-December, rising 48.85% year on year and 26% compared…Continue Reading

Fresh snowfall in Kashmir, flights cancelled, orange alert issued

Kashmir Valley witnessed a fresh spell of snowfall on Tuesday (January 4). While Srinagar, recorded rain and snowfall of 7.1mm, Gulmarg recorded 8.4 inches (21cm) of fresh snowfall. Another tourist resort, Pahalgam, recorded 13.5 cms of snowfall. The authorities canceled around 34 flights to and from Srinagar today due to poor visibility amid rains and…Continue Reading

Effort Underway To Break Covid Transmission Chain In Odisha: Top Health Official

While Odisha is witnessing a steep rise in the number of new Covid-19 cases, a top health official of the State government on Wednesday said efforts are being made to break the transmission chain in the community. “Emphasis is being given to testing, tracking and vaccination. Around 60,000-70,000 tests are being conducted every day and the…Continue Reading

Kalahandi Farmers Up In Arms Over ‘Flawed’ Paddy Procurement

Scores of distressed farmers took to the streets near Ranamal Chawk along Moter main road in Kalahandi district on Wednesday and staged a road blockade alleging delay in procurement of paddy and unfair trade practice by rice millers. The farmers who gathered on the Ranamal Square blocked the road by setting up fire since 6 am…Continue Reading