Research Reports published by WAY2WEALTH

RBI and Finance Ministry    
TREND | 07 Apr 2021
MPC has kept the policy rate unchanged at 4% and voted unanimously to maintain the status quo with an accommodative stance. The reverse repo rate remained unchanged at 3.5%, the marginal standing facility and bank rate kept unchanged at 4.25%. As expected, the RBI maintained status quo amid rising COVID-19 cases in the country. The RBI had kept the key interest rate (repo) unchanged for the fifth consecutive meeting. On the back of the COVID-19 pandemic, the central bank has cut policy rates to 4% through two rate cuts of 75 bps in March'20 and 40 bps in May'20. Growth The MPC has retained the Gross Domestic Product (GDP) growth of 10.5% for the FY22 with the global growth gradually recovering from the pandemic-triggered slowdown. As per the RBI poll result done in Mar'20, firms engaged in manufacturing, services and infrastructure are optimistic of pickup in demand and expansion in business activity in FY22.The RBI stated that the country is much...
Axis Direct released a Economy Update report for RBI and Finance Ministry on 04 Jun, 2021.
Laxmi Organic Industries Ltd.    
15 Mar 2021, 12:00AM
Incorporated on 15th May 1989, the company is a leading manufacturer of Acetyl Intermediates and Specialty Intermediates with almost 3 decades of experience in large scale manufacturing of chemicals. Company is currently among the largest manufacturers of ethyl acetate in India with a market share of approximately 30% of the Indian ethyl acetate market. It is the only manufacturer of diketene derivatives in India with a market share of approximately 55 % of the Indian diketene derivatives market in terms of revenue in FY20 and one of the largest portfolios of diketene products. Further, post completion of the YCPL...
Laxmi Organic Industries Ltd.'s price crossed above SMA30 today
The mobile catering contracts that were in abeyance got terminated due to change in scope of work (shift from cooked to ready to eat meals) and there has been no change in catering policy so far. License fee refund has already been provided. There is no change in the catering...
Indian Railway Cater.. has an average target of 1629.00 from 3 brokers.
Chemcon Speciality Chemicals Ltd. is trading above all available SMAs
UTI Asset Management.. has an average target of 750.00 from 5 brokers.
APL Apollo Tubes Ltd.    
02 Mar 2021
Apollo Tricoat's minority shareholders will receive for each equity share held: o One equity share in APL Apollo o Implied premium of 16% on Friday's i.e., 26th Feb,2021 closing price for Apollo Tricoat's shareholders...
APL Apollo Tubes Ltd. is trading above all available SMAs
Radico Khaitan Ltd.    
22 Feb 2021
Number of FII/FPI investors increased from 141 to 157 in Mar 2021 qtr.
Avanti Feeds Ltd.    
20 Feb 2021
Avanti Feeds Ltd. has gained 25.11% in the last 3 Months
Registered Office:Rukmini Towers, 3rd& 4th Floor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020,...
ICICI Securities Limited increased Buy price target of Heidelberg Cement India Ltd. to 285.0 on 03 Jun, 2021.
Birla Corporation Ltd.    
20 Feb 2021
Birla Corporation Ltd. has gained 68.39% in the last 6 Months