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DSR Broking - I had to suggest Buy in NG (Natural gas) right now because there is a reason behind to recommended the natural gas . You saw the natural gas will plug down to the week trading session gas go down - down , The chilled weather will be fizzle out that why natural gas plug down .                    But for today onward the Buy on Natural gas Don't take position on sell side it will be a risky trade . It will so the rally today trading session .   Buy - 170.30 -  target made at 175  Sl above 166.50 

Shoppers Stop’s (SSL) Q3FY17 consolidated results were above our expectations on both revenue and profitability fronts. SSL’s Q3FY17 consolidated revenues grew 15.9% YoY to Rs 1542.7 crore led by strong growth in HyperCity stores by 21% to Rs 311.4 crore and 13% growth in departmental stores to Rs 1011.2 core. HyperCity recorded an impressive like to like (LTL) sales growth of 9.5% whereas departmental stores registered LTL growth of 6.4%. Outlook The management is changing the product mix and rationalising space and churning lower revenue generating brands to improve the operational performance. The key parameter to watch would be an improvement in LTL sales growth and EBITDA margin improvement. We have a BUY recommendation on SSL with a target price of Rs 350 (SOTP based – 0.7x (departmental format) and 0.6x (HyperCity format) FY19E EV/sales).

Tata Global Beverages (TGBL) reported consolidated sales of Rs 1743.9 crore, up 2.6% YoY. Revenues of the branded division grew marginally by 1.8% (tea grew 2.4% YoY led by volumes but coffee segment declined 1.3% YoY). Non-branded segment grew strongly by 9.4% YoY. Outlook We expect the revenue for the company to grow at a CAGR of 9.1% and profit to grow at a CAGR of 10.2% over FY17E-19E. Maintaining our cautious outlook on the company’s growth outlook, we reiterate our HOLD rating on the stock with a target price of Rs 147 per share based on a 16x multiple of FY19E EPS of Rs 9.4. 

KEC International Ltd (KEC) for Q3FY17 on a consolidated basis, reported good margin improvement and PAT growth, despite a decline in revenue. EBITDA margin expanded by 139bps YoY to 9.5%, highest in the last 21 quarters, on the back of better performance by SAE Towers (100% subsidiary) and railway business along with completion of legacy orders. In addition, lower interest expense (down 16%) led to a net profit growth of 139% to Rs 63 crore. Outlook We anticipate, better order execution across all business segments, will help maintain the EBITDA margin performance. However, we believe, the only challenge for KEC is achieving the revised revenue growth guidance for FY17 (9MFY17 revenue down 4% to Rs 5,735 crore). KEC trades at 11.9x its FY18E EPS. Given the continued operational efficiency, we maintain our Accumulate rating and value the stock at 12x Sept’18 EPS, giving us a target price of Rs 176.

Two years after it announced plans to reduce corporate tax rate to 25 per cent, the government today said any such reduction can come after the spread of personal income tax is increased and more people pay taxes. A 1 per cent cut in corporate income tax rate from the current 30 per cent will cost Rs 18,000-19,000 crore in revenues, Revenue Secretary Hasmukh Adhia said. Finance Minister Arun Jaitley, in his second Budget in February 2015, had announced reduction of the corporate tax rate to 25 per cent from 30 per cent in a phased manner over the next four years starting 2015-16, accompanied by

Everything Trump literally said is coming literally true; everything the serious people heard remains an unserious hope. Businesses may eventually get the tax and regulatory reform they wanted, but it’s not a priority. The technology industry, the financial industry, and some others are  beginning to figure this out . Richard Fenning, the chief executive officer of consulting firm Control Risks,  told Bloomberg TV  that the president has “had this extraordinary honeymoon where Wall Street has kind of discounted all the negative aspects.” However, as the ramifications of the migrant ban set in, “perhaps that honeymoon is starting to be over.”

In October 2016, Anthony Scaramucci  compared  the U.S. Department of Labor’s fiduciary rule to  Dred Scott v. Sandford , the 1857 U.S. Supreme Court decision protecting slavery and ruling that blacks couldn’t be citizens. “The left-leaning Department of Labor has made a decision to discriminate against a class of people who they deem to be adding no value,” said Scaramucci, a fund-of-funds marketer who was also an adviser and public supporter of Donald Trump’s campaign. And he said that, if elected, Trump would repeal the fiduciary rule. Trump, however, never said that during his campaign. Instead, he promised to  ban Muslims from entering the U.S.  Scaramucci tried not to think about this: “I’ll make a prediction right now that he will not put a ban on Muslims coming into America,” he once  told  Gawker . Did he believe that? Or did he just think that the Department of Labor rule requiring financial advisers to put their customers’ interests ahea...

President Donald Trump’s immigration restrictions were temporarily shut down by a federal judge who said the states of Washington and Minnesota can sue claiming their economy and residents would be injured by the ban. The ruling eclipsed a Trump administration win earlier Friday when a federal judge in Boston refused to extend a temporary ruling blocking enforcement at that city’s airport of the ban on immigrants from seven Muslim-majority countries. U.S. District Judge James Robart in Seattle said in his ruling that voiding the president’s order throughout the U.S. was needed for consistency.

Macro outlook Demand for base metals has received a healthy boost since the end of last year from expectations of rising infrastructure spending in the US and rising activity in the global manufacturing sector. Although the market looks to be pricing higher demand in the US from higher infrastructure spending, the implementation lag is likely to be fairly long and we may very well have to look to 2018 before actual investment activity and base metal consumption is seen. Growth in the global economy should continue to progress next year and support base metal demand, but start to level off in 2018. Upstream supply to the world base metals market is beginning to feel the effects of the ongoing consolidation in the mining sector. In particular production of nickel ore and zinc ore has begun to trend lower. The same signs are beginning to show in bauxite production, while production of copper ore is still trending higher. Downstream refinery production is experiencing the same pattern of ...

Trump will the new US President. The trump took over tenure of US economy will move on track. All commodity will  trade of our high. Left gold or silver price  Our data will so the crude oil will continued in presser . Because the WTI crude oil price will so US supply will increase thats why crude oil will trade in range of  ( 45$ - 61$)  in the 2017 end . Base metal will tread on high like Zinc and Lead will trade on our highs . But Copper Aluminium and Nickel is not trade in our highs . So Clinet will trade on metal with  hedge positions .