American Financial Service Company Standard & Poor's has downgraded the rating of Tata Steel by a notch from BB level to BB- level. Tata Steel Shares received a big drop after the news on Thrusday.
Power Grid Share has started to move up on Thrusday, after it has given approval of Rs 2510 crore investment for Transmission Projects. Expert says, buying Power Grid Corporation can turn higher returns.
HDFC Mutual fund has bought 80 lakh shares of Redington at Rs 110 per share. On the other side, FID Funds has sold 59.34 lakh shares in Redington at Rs 110 per share. Redington's stock is currently moving up with the hike of 5.80 points.
Expert Recommends to Buy Redington for Target 118.21, Buy Power Grid for Target 149.99 & Sell Tata Steel for Target 225.11.
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