BUSINESS
Looking for stocks to invest this Diwali? These could generate robust returns
Changing global dynamics and the government’s ‘make in India’ initiative is likely to augur well for sectors like defence and chemicals, among others.
BUSINESS
Brokerage recommendations for Samvat 2079
Kotak Securities, ICICI Securities and JM Financials suggest stocks that can generate returns of ~10 – 30 percent over the next 12 months
BUSINESS
UltraTech Cement Q2 Result | Consolidated profit slides 42% YoY to Rs 759 crore
The EBITDA/Tonne for Indian operations for the quarter stood at Rs 812, down 38.6 percent YoY while Consolidated EBITDA/Tonne for September quarter came in at Rs 819, down 34.6 percent YoY.
BUSINESS
NSE Indices seeks market feedback on existing methodology of merger, demerger in Nifty Indices
Experts are in favour of the new initiative as this will avoid big churning which happens because of current methodology
BUSINESS
UltraTech Cement Results Preview: Profit may decline 27% as power and fuel costs impact margins
The company is expected to report a consolidated PAT of Rs 950 crore for the reported quarter while the revenues are expected to improve to Rs 13,350 crore.
BUSINESS
Leading brokerages line up top muhurat picks this Diwali
Analysts believe stocks like Axis Bank, City Union Bank, CAMS, ITC Ltd, M&M, Titan, Jubilant Foodworks and Laurus Labs can generate mid double digit returns in the medium term
BUSINESS
Taking Stock | PSU Banks and financials propel Nifty past 17,300, Sensex gains 491 points
Except metals and realty, all sectoral indices ended in the green. The rally was led by the banking and financials.
BUSINESS
Shree Cement Q2 Result | Profit slumps 67% on year to Rs 189 crore as input costs jump
The company's Board also approved the appointment of Hari Mohan Bangur as Chairman with effect from October 15, 2022
BUSINESS
Infosys board approves its fourth buyback program worth Rs 9,300 crore
The maximum price set for this buyback is Rs 1,850 per equity share and the shares will be purchased through the open market route
BUSINESS
Q2 Results Preview: Shree Cement's profitability may be hit due to high petroleum coke, coal prices
Volumes are expected to grow 18 percent on year and realisations by 7 percent YoY but operating costs per tonne are seen rising by 24-28 percent
BUSINESS
Power Sector Q2 Preview: Demand spike to better PLF, boost generation, profitability
For the quarter, growth in hydropower generation stood at 14 percent while that in thermal and renewable energy stood at 2.5 percent and 8.5 percent, respectively, on an annualised basis.
BUSINESS
Metals Sector Q2 Preview | Melting realisations, soaring export levy to weigh
Prices of both ferrous and non-ferrous metals have declined 20 percent QoQ, volumes were soft while thermal coal prices moved up which impacted the profitability of the sector
BUSINESS
ETFs, MFs, listed equities: Options galore when it comes to investing overseas
Investors should have a dynamic asset allocation system and should be nimble footed to make adjustments according to changing market conditions
BUSINESS
Cement sector Q2 preview | Performance to be hit by rising costs, meagre price hikes
A $10 rise in petcoke and imported coal prices increases the cost of cement manufacturing by Rs 50-60 a tonne, say analysts
BUSINESS
Tracxn Technologies IPO opens today: 10 key things to know before you buy it
The company on October 7 has raised Rs 139.22 crore via anchor book ahead of public issue opening when the anchor investors had subscribed for 1.74 crore equity shares at a price of Rs 80 per share.
BUSINESS
This public sector stock is roaring on the back of Make in India and a strong defence budget
Delivery volume climbed by 5.48 percent over the previous month, indicating strong pricing momentum and the stock touched its new all- time high of Rs 607.9 in the early hours of trade today
BUSINESS
Auto, finance ride on demand spurt; tech, metal stocks reel under slowdown scare
Pent-up demand continues to propel auto stocks, while rising interest rates auger well for financials. However, the anticipated global slowdown is spoiling the party for IT and metal companies
BUSINESS
Auto sales to continue driving in the fast lane in September
Demand momentum in the sector is likely to continue in the second half of this fiscal, largely driven by robust performance in passenger and commercial vehicle segments while experts expect the two wheeler and tractor categories to lose some steam sometime later in the second half.
BUSINESS
Vodafone Idea – Can it go off the grid?
Experts said investors should ideally stay away if they are not already invested in the company and people who are already invested should revisit their original investment thesis.
BUSINESS
With volatility gripping the markets and sentiments bearish, these sectors are looking attractive
The markets are in an oversold territory and certain sectors can now witness a quick pullback, say experts
BUSINESS
Tata Steel Amalgamation – positive for group structure, neutral for value creation
The amalgamation may not add/create much value in terms of profitability except for the savings on royalty and regulatory costs, say analysts.
BUSINESS
Looking for options to invest abroad? Here's what experts recommend
Easy availability of options shouldn’t be the only reason to invest abroad. Investors must check their risk appetite first.
BUSINESS
RBI Policy Meeting – More volatility to rock Indian equity markets, yet India to remain outperformer
RBI will take into consideration the impact of falling crude oil prices, amount of non-USD-based crude oil and other commodities India may import, and other ways of attracting dollar inflows via NRI remittances, while deciding the quantum of rate hike. However, it will be less than the US.
BUSINESS
Taking Stock | Sensex, Nifty gain over 1% despite volatility and profit booking
All sectoral indices ended in the green. Nifty Pharma surged more than 3 percent.
