BUSINESS
Know your stock | Earnings cheer, renewable biz prospects spur interest in Torrent Power
The integrated power player is expected to be one of the prime beneficiaries of the government's thrust on the clean energy transition. It has a presence across the entire power value chain, including generation, transmission and distribution, and seems to be well-positioned to capitalise on the opportunities in the sector, believe analysts.
BUSINESS
Russia-Ukraine war will aid the rise of defence stocks
Mohit Nigam, Fund Manager & Head - PMS, Hem Securities, pointed out that defence stocks have surged in the last few months and outperformed the broader indices, fuelled by expectations of increased military spending by western nations to help Ukraine against Russia.
BUSINESS
Tensions escalating between Russia and Ukraine could put a dampener on sentiment among FIIs
Even as 2022 was a bad year for investors, FII sentiment seems to have turned slightly better due to relatively cheap valuations and strong growth prospects. Although the hangover of war escalating remains, heightened tensions globally could still put a dampener on investor sentiment overseas with FIIs rushing to safety.
BUSINESS
Daily Voice | Sachin Shah of Emkay Investment is bullish on IT despite inflation scare and favours private defence firms
Sachin Shah believes this is clearly a bottom-up market. Interestingly, he prefers private defence companies over state-owned companies.
BUSINESS
KEC International bags largest water pipeline order - What does it mean?
The company’s order intake stands at a record over Rs 18,500 crore in the year to date, growing over 30 percent from a year ago.
BUSINESS
Daily Voice | This CIO says FPIs still believe in India story, will invest once the China reopening theme plays out
Mahesh Patil, CIO of Aditya Birla Sun Life AMC believes that globally the overall investor sentiment and risk environment are improving, and with dollar weakness, more money should move into the emerging markets.
BUSINESS
What should investors do with Torrent Power after a 10% rally in share price?
The enthusiasm in the stock seen on February 15 was driven by the company’s strong growth in revenue and net profit. The power company's net profit surged 88 percent to Rs 694.54 crore in the December quarter
BUSINESS
Why most analysts say 'buy' this road EPC firm despite near-term headwinds?
In 2022, the stock touched a low of Rs 202.85 and a high of Rs 330. On February 15, it settled 0.4 percent lower at Rs 255.65, still 22.5 percent away from the high of 2022
BUSINESS
Apar Industries: Strong demand outlook keeps investor interest alive
Apar Industries is the world's largest aluminium and alloy conductor maker and the third-largest transformer oil manufacturer
BUSINESS
This capital goods stock may rise another 45% on green energy push
Analysts believe strong results and positive implications from the recent Union Budget augur well for the stock outperformance.
BUSINESS
Ambuja Cements recovers early losses ahead of quarterly earnings
According to Kotak Institutional Equities, net profit of the cement manufacturer will witness a jump of 37 percent YoY and 150 percent QoQ to Rs 344.8 crore in the quarter ended December. It sees the cement maker reporting a revenue of Rs 4,127.5 crore in the December quarter, up percent 12.5 QoQ and 10.5 percent YoY.
BUSINESS
Adani Ports Q3 Preview: Revenue to rise 25%, net profit 12%, but sequential results may disappoint
Nomura sees operating margin at 55.6 percent in the quarter ended December
BUSINESS
Tata Steel Q3 Preview: Net profit may tank 88%, revenue 14% on lower HRC prices
Axis Securities sees the Tata Goup company's operating margin at 10.6 percent as compared to 26.1 percent in the corresponding period last year and 10.1 percent in the previous quarter.
BUSINESS
Budget 2023: Higher road capex puts EPC companies in spotlight
Apart from railways, roads and highways saw a large jump in allocation in the Union Budget 2023-24.
BUSINESS
Union Budget 2023: A round-up of market expectation versus announcements
Ahead of the Union Budget 2023, Moneycontrol polled 30 market experts on some important questions relating to the budget.
INDIA
Economic Survey 2023: Total assets under FPIs grow despite huge outflows
The total assets under custody of FPIs increased to Rs 54.0 lakh crore at the end of November 2022 as compared to Rs 52.2 lakh crore at the end of November 2021.
BUSINESS
Brokerages keep faith in GAIL despite disappointing Q3 results
In the December quarter, the state-owned gas utility company's standalone net profit tanked 92 percent to Rs 245 crore from Rs 3,287 crore in the year-ago period
BUSINESS
Budget 2023 Expectations Survey: What the market thinks on measures to woo investments
Moneycontrol conducted a survey of 30 market experts, including fund managers, analysts, heads of research, chief investment strategists and officers, to get their views on some important questions relating to the upcoming Union Budget
BUSINESS
Budget 2023 Expectations Survey: What the market thinks about capital gains and income tax
Moneycontrol conducted a survey of 30 market experts, including fund managers, analysts, heads of research, chief investment strategists and officers, to get their views on some important questions relating to the upcoming Union Budget
BUSINESS
Coal India to post bumper net profit in Q3 with higher prices for e-auction sales
Experts said that management guidance on coal availability for e-auction is critical for the profitability growth of the company
BUSINESS
Robust Q3 sales, solid project pipeline, asset monetisation power rally in NTPC stocks
In the past two years, the stock has given 93 percent returns while in the past one year, the scrip has rallied 22 percent
BUSINESS
Power Grid to see healthy topline growth in Q3 on demand spurt, asset capitalisation
Analysts believe the power transmission company's commentary on new business diversification and pipeline of transmission projects would be keenly monitored
BUSINESS
Budget 2023: Shift to clean energy may keep power stocks in top league
India's power consumption grew in double digits in the first nine months of FY23 despite elevated coal price and the same is reflected in strong power generation growth of 11.6 percent on-year
BUSINESS
L&T earnings preview: Better execution, decent order inflow to drive sales up 14% in Q3
Focus will remain on working capital and cash flow management amid better execution and focus on receivables collections
