Stock Recommendations – Neal Bhai Reports [18-05-2022]

Stock Recommendations [18-05-2022]

  • Motilal Oswal: The brokerage has approved buyback of 14.54 lakh shares at Rs 1,100 per share.
  • Jet Airways: The airline successfully conducted proving flights over two days. It expects to get the air operator certificate from DGCA.
  • Bharat Rasayan: A fire occurred at one block of the Dahej plant, and the cause of fire is under investigation. The company has full insurance coverage for the same.
  • TVS Motor: The company will divest its entire stake in Intellicar to Fabric IOT for Rs 45 crore. The divestment is part of the value creation initiatives on its digital portfolio, said Rajesh Narasimhan, Director and CEO of TVS Digital.
  • Zydus Lifesciences: The company will consider buyback of shares on May 20.
  • EKI Energy: The company approved migration of from SME platform of BSE to Main Board of BSE.

Read More: Stock Recommendations – Neal Bhai Reports [17-05-2022]

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

1 thought on “Stock Recommendations – Neal Bhai Reports [18-05-2022]”

  1. Citing the faster-than-expected interest rate hikes by the Reserve Bank and the mounting inflation worries, Wall Street brokerage Bank of America Securities has slashed its base case Nifty returns target and forecast the index to close the year at 16,000, down from 17,000 projected earlier.

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