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Budget blues: ITC loses Rs 40,428 cr in market value on punitive tax

Analysts suggest making separate firms of tobacco, hotels and FMCG divisions Making it one of the biggest losers post Budget, tobacco-to-hotel major, ITC has lost 13 per cent of its market value or......

Markets tend to speed up after Budget, not before

Since 1999, average 2-month return after Budget has been over 2%; trend negative in the month before ‘Pre-Budget rally’ might be the buzzword for the stock markets. However, the markets......

ACC's steep valuation gap not justified

A slump in demand, fall in realisation and a steady rise in costs, on the back of increase in diesel prices and freight rates, has seen ACC’s stock decline nearly 23 per cent from a 52-week......

Ranbaxy may get approval for multi-billion dollar drug

The long-awaited US approval for Ranbaxy Laboratories' generic version of anti-hypertension drug Diovan is likely to come this week, according to industry sources.While this could pull the company......

GlaxoSmithKline back on health track

GlaxoSmithKline Consumer has a knack of springing surprises.It posted a healthy volume growth of about nine per cent in the December 2012 quarter when most other packaged foods companies struggled......
  Web results for Elara Capital
ITC loses Rs 40,428 cr in market value on punitive tax

Making it one of the biggest losers post budget, tobacco-to-hotel major, ITC has lost 13 per cent of its market value or Rs 40,428 crore since... ...

http://wap.business-standard.com/article/companies/budget-blues-itc-loses-rs-40-428-cr-market-value-on-punitive-tax-115030200801_1.html
Time for ITC to demerge hotels, FMCG business, say analysts

ITC, which lost 8.5% of its market value or Rs 26,058 crore on the Budget day due to the sharp hike in duties on cigarettes, should look at... ...

http://wap.business-standard.com/article/budget/time-for-itc-to-demerge-hotels-fmcg-business-say-analysts-115030100458_1.html
5 challenges that Arun Jaitley should address in Budget 2015

Finance minister Arun Jaitley will present the Union Budget 2015 on Saturday. Photo: Mint The finance minister will step into the spotlight at a... ...

http://www.livemint.com/Politics/oZMQrHO4JTJjo1Iyf6BwnM/Arun-Jaitleys-five-budgetary-challenges.html
Harendra Kumar

According to Harendra Kumar of Elara Capital, Bharat Electronics and BEML are the safer bets. ...

http://www.moneycontrol.com/news/stocks-views/bharat-electronics-beml-safe-bets-harendra-kumar_1314325.html
Elara Cap

Harendra Kumar of Elara Capital believes the market may see some selling on Monday as most NDA Budget have been met with selling pressures. ...

http://www.moneycontrol.com/news/market-outlook/nifty-may-gain-2-post-budget-like-tata-comm-elara-cap_1314180.html

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