#mindtree ltd

NRB Bearings Ltd (NBEA) is a buy call with a target of Rs. 92 and a stop loss of Rs. 77. MindTree Ltd (MINT) is a buy call with a target of Rs. 1,185 and a stop loss of Rs. 1,150. Munjal Auto Industries Ltd (MUAU) is a buy call with a target of Rs. 65 and a stop loss of Rs. 53.

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Hexaware gives investors another reason to extract their pound of flesh

Shares of Hexaware Technologies Ltd have risen 43% since majority shareholder, Barings Private Equity Asia, said it plans to acquire minority shares and delist the company. Investors tend to demand their pound of flesh in such instances, and Hexaware’s delisting will be no exception.

The company’s recently announced June quarter results give minority investors another strong reason to stock…

ITC Ltd (ITC) is a buy call with a target of Rs. 215 and a stop loss of Rs. 190.

Tata Consultancy Services Ltd (TCS) is a buy call with a target of Rs. 2,170 and a stop loss of Rs. 2,090.

Saga of first #HostileTakeover in Information Technology Sector

In ordinary parlance, a hostile takeover shall imply the acquisition of Target Company by the Acquirer which is accomplished by going directly to the company’s shareholders or fighting to replace management to get the purchase approved. A hostile takeover can be achieved through either an open offer or a proxy fight.

There have been very few instances of hostile takeoverin our country. Of…