Day Trading Stocks & Futures

Riskyman

Well-Known Member
I thought it would be positive for Tatasteel :confused:
Depends on how it is funded. They bid aggressively for Bhushan steel and now Usha Martin. They pared down some of their debt by selling 50% stake in Tata Corus but it seems its also adding debt in the Indian market by these acquisitions.
 

Riskyman

Well-Known Member
DHFL was 23% up today ;)
YES. I posted that ICRA re-affirmed good ratings for all of DHFL's paper. Posted a while ago. please go through.

EDIT: On second thought, its not that a this rating was needed as it was already in place last week as well. This is not a re-rating but only a re-affirmation of an existing rating. Market knew this but still sold the stock off. May be there are other deeper things we do not know.
 
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