Infinity Financial Services

At 9:10 pm this evening, an IAF MiG 21 trainer aircraft met with an accident in the western sector during a training sortie.
Both pilots sustained fatal injuries.
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ਦੇਖੋ, ਸਾਲ 2022 ਦੇ ਬਜਟ ਦੇ ਵੱਡੇ ਐਲਾਨ | Key highlights of Budget 2022-23

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Prabhudas Lilladher has come out with its first quarter (April-June’ 21) earnings estimates for the Oil & Gas sector. The brokerage house expects Petronet LNG to report net profit at Rs 776.1 crore up 49.2% year-on-year (up 24.5% quarter-on-quarter).

Net Sales are expected to increase by 68.9 percent Y-o-Y (up 8.9 percent Q-o-Q) to Rs 8,249.5 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 35.8 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs 1,235.8 crore.

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Vaishali Parekh of Prabhudas Lilladher is bullish on
By Vaishali Parekh | Mumbai | Last Updated at June 14 2021 .
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Topics Markets | Market technicals | Aurobindo Pharma
BUY AUROBINDO PHARMA | CMP: Rs 1,009 | TARGET: Rs 1.150-1.200 | STOP LOSS: Rs 950

The stock has made a decent bottom near 950 level, forming a strong base, and has indicated a positive bullish candle pattern in the daily chart, moving past the significant 50-EMA level of 970 to further improve the bias. We anticipate an upward move in the coming days. The RSI is also showing a trend reversal and has signaled a buy. We suggest to buy and accumulate this stock for an upside target of 1,150-1,200 keeping the stop loss of 950. CLICK HERE FOR THE CHART

BUY MSTC | CMP: Rs 275 | TARGET: Rs 350-370 | STOP LOSS: Rs 255

The stock has been in a consolidation phase for quite some time maintaining the base near 255 levels and currently has given a bullish candle pattern in the daily chart to strengthen the bias. The stock has moved past the significant 50-EMA level of 269 to further improve the bias. Also, the RSI is indicating a trend reversal, making the chart look attractive. We suggest to buy and accumulate this stock for an upside target of 350-370 keeping the stop loss of 255.

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Paytm, India’s leading digital payments provider, is aiming to raise about Rs 21,800 crore ($3 billion) in an initial public offering (IPO) late this year, according to a person familiar with the deal, in what could be the country’s largest debut ever.

The startup, backed by investors including Berkshire Hathaway Inc., SoftBank Group Corp. and Ant Group Co., plans to list in India around November and its offering could coincide with the Diwali festival season, said the person, asking not to be named because the details are private.

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