1070.10 -12.65 (-1.17%)
27,638 Volume
NSEJan 22, 2021 03:31 PM
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Summary | Date | Stock | Broker | Price at Reco. | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
---|---|---|---|---|---|---|---|---|---|---|
2018-11-16 | Tata Investment Corp.. + | Emkay | 826.75 | 826.75 (29.43%) | Not Rated | |||||
2018-04-09 | Tata Investment Corp.. + | Choice India | 787.20 | 830.00 | 787.20 (35.94%) | Target met | Buy | TATA INVESTMENT CORPORATION LTD
Choice India
Indian economy and markets are standing on stronger and exciting fundamentals. 2017 was a good year for the equity market, both primary and secondary equity market witnessed increased fund flows. This was mainly due to the stable macroeconomic conditions and implementation of a wide range of structural reforms. At one period, the market was demanding a valuation of almost 10-15% premium to its long term average. However, the euphoria was short-lived and was halted by the re-introduction of long term capital gain (LTCG) tax and the inflationary budget in the domestic market. This coupled with correction in the US equity market led to almost 10% correction in the domestic market. However, we feel...
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