PC Jeweller Share ideas for Tomorrow by Research Head Money Maker

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in PC Jeweller.

“PC JEWELLERS Future is the stock which I would recommend to buy above Rs 378; I would still look at levels of around Rs 388-390 as a trend & put stop loss of below Rs 366.”

According to industry sources, unorganised units and small jewellery makers may join hands with the relatively better-positioned brands through franchises, thereby leading to consolidation and market share gains for the organised entities.

From Jewellery industry PC Jeweller is in focus as Crisil upgrades their long-term rating recently which will add fuel to it.

Money Maker Research News - HDFC Life Insurance files DRHP with Sebi for IPO

HDFC Life Insurance Co. Ltd on Friday filed its DRH prospectus with the market regulator Sebi for an IPO of 299.8 million shares. As per the prospectus, HDFC Life will dilute about 9.55 percent stake and its JV Company Standard Life will offload about 5.42% in the offer.

Merchant bankers for HDFC Life Offer’s include Stanley Morgan, Credit Suisse, HDFC Bank and Nomura. HDFC Life is a JV between HDFC Ltd and UK’s Standard Life, with 61.52% and 35% respectively. Further, the state-run SBI-promoted life insurer, SBI Life Insurance Co. Ltd, is working on its IPO plans.

For the fiscal 2016-17, HDFC Life Insurance registered a gross premium income of Rs. 19,445.00 cr, and its profit after tax (PAT) for the year reached at Rs. 892 crore.

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Edelweiss financial Future Growing Stocks for tomorrow Investment

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in Edelweiss financial Future.

I would also recommend a buy in Edelweiss financial above Rs 261.50; which could initially test the upside objective of Rs 267.50 .In this positive mood, fall below 255 may water down our hopes of buying.”

"Edelweiss Financial Services is doing much better than the other brokerage house. So, definitely on all dips you would want to buy it .It could possibly even double from these levels in long term”