BUSINESS
Jewellery stocks outshine Nifty peers as gold buying picks up pace ahead of Dhanteras
The positive consumer sentiment is rubbing off on jewellery sector stocks, with counters like Kalyan Jewellers, TBZ, Senco and PC Jeweller jumping up to 16 percent over the past week.
BUSINESS
With single-digit gain, Mamaearth among top IPO washouts of 2023
For a company which markets tear-free soaps and shampoos, its IPO was hardly a cheery affair, at least for retail investors.
BUSINESS
Analyst Call Tracker: Festive cheer eludes IT biggies, pharma; ICICI Bank emerges Street favourite
October was a particularly a harsh month for big names such as HDFC Bank, TCS and HUL, which posted less-than-flattering numbers for the second quarter and were immediately caught in a flurry of brokerage downgrades
EARNINGS
Q2 Earnings review: The worst performing private bank stock of October has a bad loans hangover
Despite a 244% jump in Q2 net profit, Bandhan Bank emerged as the worst performing private bank stock last month, weighed down by persisting asset quality concerns.
EARNINGS
Headwinds ahead? Unpacking FMCG firms’ Q2 results
The September quarter results of HUL, ITC, Nestle India and Colgate have thrown up some near-term headwinds, including increased competition and lower-than-expected consumption growth in some pockets, for the FMCG sector
EARNINGS
Wipro, TechM, Adani Enterprises, HDFC Bank biggest losers as Nifty sinks below 19,000
The slide has been sharp and quick. After hitting an all-time high of 20,222 on September 15, the Nifty has lost more than 1,000 points in a little over a month, with IT, banking and pharma stocks hit the hardest
BUSINESS
Q2 Earnings Review: The bigger they are, the harder they stall?
The Q2 report cards of India’s biggest IT firm, biggest private bank and largest NBFC have a clear message for investors – size can be a double-edged sword.
BUSINESS
Why are analysts still bullish on HDFC Bank despite a mixed Q2 show?
NIMs bottoming out, strong loan growth, network expansion and stable asset quality are some of the factors that favour India's biggest private sector lender
BUSINESS
Reading the tea leaves: Takeaways from Big IT’s Q2 results
Deal wins were robust across the board but the overall macroeconomic environment remains shaky in the major markets of the US and EU
BUSINESS
What to expect from IT sector’s Q2 earnings
Q2 Earnings: While the IT sector has witnessed an uptick in order inflow over the past two months, the slowdown in project-based business is expected to hamper overall industry growth.
BUSINESS
Analyst Call Tracker: Gloom persists for Infosys as macro headwinds weigh
The Bengaluru-headquartered firm, once the bellwether of the Indian IT industry, topped the list of companies which saw the most downgrades over the past year.
BUSINESS
Vedanta’s merger-demerger merry-go-round
Simplifying corporate structure, creating value for shareholders, improving efficiency -- the reasons given by Vedanta for its demerger sound suspiciously similar to the ones it trotted out when it merged its businesses a decade back.
BUSINESS
MF Tracker: One of the most ‘unloved’ stocks this fiscal has surged over 110% so far
In April 2023, mutual funds completely exited public sector refining company Chennai Petroleum Corporation. The stock has more than doubled since then.
BUSINESS
Analyst Call Tracker: Banking, finance firms remain Street favourites as IT pain persists
Banking and finance firms were the stars of the Q1 results season, and the optimism is reflected in Moneycontrol’s Analyst Call Tracker for August.
BUSINESS
Which were the top performing bluechips in August? Look inside your kitchen
While Nifty50 companies struggled to post single-digit returns in August, two varieties of pulses zoomed up to 22 percent during the month.
BUSINESS
Rising capex, easing margin pressures: Are banks poised for a rerating?
Despite robust earnings since the last quarter of FY23, the Nifty Bank index has underperformed the benchmark this year. However, analysts say the situation is set to change due to the trinity of improved credit growth, bottoming of NIMs and stable credit quality
BUSINESS
India Inc’s Q1 scorecard: Only 7 Nifty companies earned more than Barbie
With as estimated budget of $145 million, Barbie has already generated a return on investment (ROI) of over 700 percent
BUSINESS
Riders of the Storm: These 337 names delivered over 500% returns since Covid
Some 213 stocks registered up to 1,000 percent growth, and 107 counters saw up to 5,000 percent spike. For 10 stocks, gains shot up to 10,000 percent and six had up to 20,000 percent surge. One stock saw a mind-blowing 26,000 percent rise
BUSINESS
What India Inc’s Q1 earnings reveal about the state of the economy
Banking and NBFC names once again led the profit growth in Q1 FY24, while export-oriented sectors like IT bore the brunt of weak sentiment overseas. The topline growth (excluding financials and oil marketing companies), however, stood at a mere 3 percent YoY, the lowest in the last 10 quarters
BUSINESS
What US banks’ Q2 results tell us about Indian IT sector’s outlook
American banks are increasingly shifting from third-party consulting to investments in own technology employees in global capability centres (GCCs)
INDIA
Tomato farmers are crushing Nifty companies in profitability
From dumping their produce on the streets earlier this year due to low prices to making windfall gains, India’s tomato farmers are currently traversing a cliffhanging boom-and-bust cycle
BUSINESS
Big 4 IT stocks yet to catch up with mid-sized peers
There’s a clear divergence in the YTD performance of Nifty IT index constituents, with the smaller companies outperforming the industry giants by a sizeable margin.
MARKETS
Two name changes later, this smallcap firm seeks to rebrand itself as ‘AI services’ provider
The company, which is into real estate, property and infrastructure development, is seeking to change its name to incorporate the latest buzzword – artificial intelligence.
MARKETS
Four stages of a market cycle: Where are we currently?
Stocks are right now in the ‘optimism’ stage, which means investors should expect relatively low returns from here.
