BUSINESS
Railway PSU stocks in free fall; IRCTC, RVNL down up to 30% from this year's highs
The fall in railway stocks is because of execution not keeping pace with growth expectations and fears of a slowdown in order inflows ahead of the Lok Sabha elections, analysts said
BUSINESS
Analyst Call Tracker: Why some analysts are sceptical about Power Grid despite the stock rally
In spite of a growth in earnings and a rally in the stock price, some brokerages feel the stock is at risk of increased competition in tariff-based competitive bidding, besides growth challenges.
BUSINESS
Cooked books? Prem Watsa’s Fairfax Financial under the scanner as activist investment firm Muddy Waters flags accounting practices
Fairfax has holdings in prominent Indian companies including Quess Corp, BIAL, and Thomas Cook India.
BUSINESS
Six reasons to bet on India’s conventional and new energy firms, according to SBI MF
Energy stocks across the segment continue to rally and are valued at a reasonable price, say experts.
BUSINESS
Power Grid Q3 preview: High costs to hit net profit, capacity pangs to cap revenue growth
Analysts anticipate a muted quarter for Power Grid despite optimism in the power segment. Capacity woes, high costs may mean a missed market for the PSU.
BUSINESS
Railways, defence segments relevance will continue; investors must be watchful of valuations: DSP MF’s Vinit Sambre
If a segment is baking in a very high growth and which then becomes a bit ambitious in terms of achievement then I'll have to calibrate my weights accordingly, says the Head of Equities at the fund house.
BUSINESS
Q3 Earnings Preview: L&T to gain on healthy order inflow and growth in Middle East business
According to estimates, net profit is expected to jump over 30 percent on-year basis to Rs 3324.3 crore. Revenue is expected to grow 20 percent YoY.
BUSINESS
Budget 2024: Renewable energy could add momentum to power stocks
Analysts expect higher capital expenditure for renewable energy, incentives for green initiatives, and production-linked incentives for solar module manufacturing.
BUSINESS
Budget 2024: Defence stock valuations are stretched but may rally if budget allocation is stepped up
While most analysts believe that the interim budget is a non-event with major changes expected only after the elections, the overall expectation for the defence sector remains positive.
BUSINESS
Sanghi Industries settles down, analysts peg falls on minority shareholder concern over Ambuja Cement supply deal
Concern among minority shareholders about the Master Supply and Service Agreement proposed by Ambuja Cements is the main reason for the fall in share prices. They believe Sanghi Industries’ control on profitability will be limited under the agreement.
BUSINESS
Q3 power sector earnings preview: Optimism continues, earnings expected to be mixed
Earlier this month, a Jefferies report said that momentum will likely continue in the power sector if monthly power stays at 7 percent or higher
BUSINESS
IPO rush isn't a bubble, but out of 10 issuances, we may pick 1 or 2: Bandhan AMC’s Manish Gunwani
For sectors like railways and defence, the fiscal deficit poses a risk, potentially slowing down government driven capex from the current growth rate of 25-30 percent to 10-15 percent, says the CIO-Equity at the fund house
BUSINESS
Q3 Preview: EPC firms poised for growth on robust order inflow; road infra faces challenges
Key focus on execution and order inflow for continued segment growth
BUSINESS
King of mid-caps, Kenneth Andrade, is back. His hunting ground: monopolies, cash flows, low valuations
Veteran investor Kenneth Andrade’s Old Bridge Capital has launched its first NFO. He says the investment approach is not to break down the BSE 500 by sectors and align the portfolio to those sectors. Instead, “we identify stocks based on our own criteria,” explains Andrade.
BUSINESS
Markets becoming complacent, need to be mindful; watch elections, monsoon: Baroda BNP Paribas CIO
Baroda BNP-Paribas CIO said they are becoming more mindful of high valuations now after the market rally. While nothing seems like it could go wrong, one needs to be a little more mindful, he said
BUSINESS
Analyst tracker: Brokerages turning bullish on Coal India stock on capex boost, power demand
Analysts continue to see potential for Coal India on the back of growing power demand and the absence of large scale renewable alternatives.
BUSINESS
7 mantras from Pankaj Tibrewal to help you invest in the right stocks in 2024
Tibrewal, who led one of the leading small and midcap funds for over a decade, believes that banking, manufacturing, specialty chemicals, and pharma are likely to be the hunting grounds for the best small and midcap picks in the coming year
BUSINESS
India growth story will extend into 2024: Axis Mutual Fund report
While 2023 turned out to be a standout year for India, and the world took notice of its resilience even in the face of a global slowdown, the country has the right ingredients for further momentum over the medium to long term in 2024.
BUSINESS
Fear index VIX at 9-month high: What does this mean for markets?
Analysts say that this recent surge over the last two days could be due to today’s expiry but say that one needs to keep a watch on how it plays out.
BUSINESS
Investor focus to shift to national elections in 2024 as inflation cools off | Edelweiss MF Interview
The inflation and interest rates will likely cool off next year, and the global growth will mend in 2025. The investor focus will shift from economics to elections across the globe.
BUSINESS
Allcargo goes for another restructuring: Here’s how it’s beneficial for shareholders
Allcargo’s latest round of restructuring could be beneficial for shareholders, but analysts suggest a wait and hold call for the stock
BUSINESS
Suez Canal crisis: Could this impact India's earnings story?
While a prolonged blockage of this vital trade route could impact company earnings, analysts said that it’s too early to gauge the full extent of the potential repercussions.
BUSINESS
If weakness continues, past year's market rally could get negated, says this fund manager
Samco’s chief investment office Umeshkumar Mehta says it’s time to watch sell signals closely
BUSINESS
Nippon India Life MF gains 9% despite huge block deal, keeps analysts bullish
Nippon India stands to gain from a growing AUM and a steady fund performance, analysts say.
