BUSINESS
LIC Housing Finance gains on robust Q2 numbers. Should you buy?
Analysts remain upbeat on LIC Housing Finance as growth is visible on all fronts — profit, net interest income and margin parameters
BUSINESS
Bank Nifty looks weak both technically and fundamentally: EM expert Adrian Mowat
Apart from Bank Nifty, the EM guru was cautious on overall Indian markets as well due to hardening bond yields
BUSINESS
Hero Moto Q2 preview: Double-digit profit growth likely on export boost, higher ASP
Brokerages estimate the company's profit to grow by 33 percent YoY in Q2FY24, while revenue is expected to rise by 3 percent YoY
BUSINESS
Stocks to buy in a market crash: Ambareesh Baliga recommends thematic stocks with growth visibility
From Delhivery to Va Tech Wabag, market expert Ambareesh Baliga discussed his top picks to ride this correction
BUSINESS
L&T Q2 preview: Net profit may jump 22% on robust orders, sales growth
Analysts see a strong flow of orders from the domestic and overseas markets
BUSINESS
Indian Hotels gains 2% on healthy Q2 results; brokerages reiterate bullish stance
The Tata Group company's net profit rose 37 percent on-year to Rs 167 crore in the July-September quarter and the total income was up 18 percent
BUSINESS
Stocks to buy in a market crash: Gaurang Shah of Geojit shares hot midcap picks
From Ashok Leyland to Indian Hotels Company, Gaurang Shah, Senior Vice President at Geojit Financial Services shared top bets that offer good entry points in this ongoing market correction
BUSINESS
PNB gains 6% on healthy Q2 results. Should you buy, hold or sell the stock?
As slippages declined during the September quarter, brokerages largely shared a bullish stance on PNB as the asset quality continues to improve
BUSINESS
Mid and small-cap carnage: How to reposition your portfolio
This correction is an opportunity for investors to strengthen their portfolio, be it mid- or small-caps. The long-term outlook for midcaps remains positive as a large portion of them are domestically oriented businesses, say analysts
BUSINESS
Nifty Realty, Metal indices worst hit in a bearish market; analysts foresee further downside
On October 26, the Nifty Realty index slipped as much as 3 percent, while the Nifty Metal index declined up to 2 percent
BUSINESS
Sona BLW jumps 5% on bumper Q2 results; analysts bullish on EV proxy play
The company reported a 34 percent on-year rise in net profit at Rs 124 crore, while total revenue climbed 20 percent to Rs 787 crore
BUSINESS
Axis Bank Q2 margin surprise impresses Street; should you buy or sell the stock?
Axis Bank’s net profit rose 10 percent on-year to Rs 5,864 crore in Q2FY24 aided by 19 percent on-year rise in net interest income (NII) and controlled provisions
BUSINESS
Brokerages turn bullish on PNB Housing Finance after sharp stress clean-up in Q2
Global brokerage firm Morgan Stanley shared an ‘overweight’ rating on the counter, whereas Motilal Oswal upgraded their rating to 'buy' for PNB Housing
BUSINESS
Axis Bank Q2 preview: Profit likely to rise 7%, Citi integration to be keenly watched
Brokerages estimate Axis Bank’s Q2 FY24 net profit to rise 7 percent on-year but it may drag sequentially due to rising cost ratios post-Citi merger.
BUSINESS
ICICI Bank Q2 results strong, but margin challenge remains; should you buy or sell the stock?
The private sector lender clocked 35.5 percent year-on-year (YoY) rise in standalone profit to Rs 10,261 crore in Q2FY24
BUSINESS
Kotak Mahindra Bank Q2 profit may rise 18% YoY on strong NII growth, firm asset quality: Analysts
Brokerages estimate the private sector lender will register a 22 percent YoY rise in Net Interest Income in Q2FY24 amid steady deposit growth momentum
BUSINESS
ICICI Bank Q2 net profit may rise 25% YoY; margins, provisions need to be watched
Rising provisions and slower-than-expected loan growth on a sequential basis may lead to NII de-growth by 0.8% quarter-on-quarter
BUSINESS
PVR-Inox sheds 2%, but brokerages bet on 28% upside after well-rounded Q2 show
In the past three months, the stock of PVR-Inox has surged 21 percent as against 3 percent decline in the Sensex benchmark
BUSINESS
Why India’s extended sugar export curbs may not cause immediate price crash
The tailwinds from higher domestic prices and ethanol production will offset lower exports and improve realisations of sugar mill companies, said analysts
BUSINESS
IndusInd Bank Q2 slippages a worry but margins offer comfort, stock gains
Though Q2 scorecard was largely in line with the street estimates, analysts underlined elevated slippages and slower overall deposit growth as major drags
BUSINESS
PVR-Inox Q2 likely to be back in black amid strong box office collections
Brokerages estimate the multiplex chain operator to report profit at Rs 153 crore in Q2FY24 from a loss of Rs 81 crore booked in the previous quarter
BUSINESS
Bajaj Finance misses Street estimates in Q2; margin compression a key concern: Analysts
The margin contraction, though in-line with estimates, remain a key concern among analysts as the management guided for additional 25-30 basis points (bps) margin compression in the second half of this fiscal year (H2FY24)
BUSINESS
IndusInd Bank Q2 profit may rise 14% YoY on stable asset quality; muted margin trend on cards
Broking firms say the private sector lender’s net interest income may grow 19 percent in Q2, but margin pressures will keep sequential growth muted
BUSINESS
Grasim Industries gains as Street cheers Rs 4,000-crore fundraise plan
The fund-raising plan comes after after Grasim Industries announced its foray into the paints business. Analysts said the funds would also help the management in arresting debt ratios to more comfortable levels
