BUSINESS
NMDC Steel shares hit 5% upper circuit for third straight session
NMDC Steel, which operates as a subsidiary of parent company NMDC, made its debut on the exchanges at Rs 30.25 after its demerger on February 20
BUSINESS
How have EPS estimates for Nifty 200 companies changed in Q3? Here are Ambit Capital's biggest movers
Among Nifty 200 companies, BPCL, Tata Motors, Oberoi Realty, ACC, and Dalmia Bharat attracted the biggest earnings-per-stock upgrades from Ambit Capital.
BUSINESS
Lumax Auto shares zoom on plans to acquire 75% stake in IAC International
Lumax Auto Technologies does not plan on buying the additional 25% stake in IAC International
BUSINESS
Our focus remains on driving organic growth, says Metropolis Healthcare's Ameera Shah
Metropolis Healthcare plans to add 90 new labs and 1,800 new collection centres by FY25
BUSINESS
Bharat Dynamics shares zoom on $255 million export order win
The company also signed ten Memorandum of Understandings with foreign and Indian companies at the Aero India 2023 event last week, fueling positive market sentiment around the stock.
BUSINESS
Shriram Finance gains as Morgan Stanley sees 28% upside potential
Morgan Stanley also upgraded its rating for the stock to 'overweight' to factor in its strong fundamentals and better-than-expected Q3 numbers
BUSINESS
Pennar Industries shares surge to 52-week high on orders worth Rs 851 crore
In the third quarter, the company's strong topline and operational performance lifted its consolidated net profit nearly twofold on year to Rs 21.12 crore
BUSINESS
BEML shares gain on multiple MoUs signed at Aero India 2023
BEML signed MoUs with companies such as Bharat Electronics, the Indian Navy, R&DEE - a DRDO (Defence Research and Development Organisation) organization for transfer of technology, and Hexagon Technologies
BUSINESS
Schaeffler India shares trade higher on upbeat Oct-Dec earnings
The company posted a strong beat on all three fronts - topline, net profit and EBIDTA margin
BUSINESS
Brokerages positive on Apollo Hospitals despite subdued Q3; here's why
Optimistic management commentary projecting a breakeven for Apollo HealthCo, improving and expansion plan have resonated well with brokerages
BUSINESS
Apollo Hospitals shares gain as Jefferies raises target price; sees 26% upside
Motilal Oswal Financial Services and Prabhudas Lilladher also have a Buy rating for the healthcare major
BUSINESS
Apollo Hospitals’ digital business revenue set to improve: MD Suneeta Reddy
The diagnostics and retail health and the digital health and pharmacy distribution verticals reported a combined loss of Rs 107.3 crore in the third quarter, mainly due to discounts offered to onboard customers.
BUSINESS
Uflex plummets 7% after reporting net loss of Rs 85 crore in December quarter
The company reported a net loss of Rs 85 crore against a profit of Rs 313 crore in the same period a year ago
BUSINESS
TCNS Clothing Co shares slump to 52-week low on disappointing Q3 results
Emkay Global Financial Services and Asian Markets Securities maintain a hold rating for the stock.
BUSINESS
Apollo Hospitals Q3 result: Net profit declines 33.3%; misses Street's estimate
Revenue growth was driven by higher pharmacy sales, better revenue mix, and normalisation of medical tourism
BUSINESS
Bharat Forge shares shed nearly 3% after sharp drop in Q3 net profit
The decline in net profit was due to an overseas operational loss due to ramp up related issues of the new Al forgings capacities in Germany and the US
BUSINESS
Glenmark Pharma surges as Nomura raises target price, sees 50% upside
Nomura has a 'buy' rating for Glenmark Pharma with a target price of Rs 633
BUSINESS
Apollo Hospitals trades lower as investors turn cautious ahead of Q3 results
Revenues are expected to rise in the December quarter, but EBIDTA margin is likely to be under pressure
BUSINESS
Pessimism grows for Lupin on delayed product launches, high valuations; here's what brokerages say
This follows a 72% fall in net profit for the October-December quarter, albeit on a higher base.
BUSINESS
Info Edge shares nosedive 10% on report of net loss in Oct-Dec
JM Financial, HDFC Securities and YES Securities gave a Buy call for Info Edge (India).
BUSINESS
Which sectors will spearhead returns in the coming decade? Here's what the experts are betting on
Alas, new-age tech firms are not among them, as they still need to show earnings growth visibility before they can be deemed worthy of investment.
BUSINESS
This is how you generate outsized returns, say market experts
Don’t just gun for the big game. Explore the back-alleys of the stock market and find the small firms that may become the darlings of the street over the next decade
BUSINESS
Sundaram Alternate's Vikaas M Sachdeva is bullish on India; here are his top sectoral themes
Vikaas M Sachdeva expects India's GDP to more than double in the coming decade, and believes the economy is set to fire on two fronts-consumption and investment.
BUSINESS
Devyani International trades lower on weak operational performance in Q3
Brokerage firms Motilal Oswal Financial Services and Jefferies have cut their price targets for Devyani International but have retained 'buy' call on the stock
