BUSINESS
Ramesh Damani spells out 3 Ds of Indian markets’ bull run; says best time to invest is ‘now’
The best time to invest in Indian equities was in July 1991 before Manmohan Singh announced economic liberalisation; the next best time is now, said Ramesh Damani
BUSINESS
PSU stocks will continue to lead the market rally, says ace investor Ramesh Damani
On the recent market correction, the seasoned investor said that there's always some froth in the market and doesn’t believe that it is close to bubble territory.
BUSINESS
Auto ancillary stocks shine as recent correction could spur rally, says Kotak Equities
The growing trend of premiumisation along with the shift towards electric vehicles (EVs) signals positive prospects for the companies
BUSINESS
Pratham EPC makes solid debut on NSE SME, lists at 51% premium on IPO price
Established in 2014, Pratham EPC Projects Limited is a company that provides services to oil and gas utilities in India.
BUSINESS
R K Swamy makes lackluster market debut: Should you buy, sell, or hold the stock?
The muted pre-listing GMP and negative listing indicate a cautious investor approach, possibly due to volatile market conditions or concerns about competition
BUSINESS
Exicom Tele-Systems IPO: Should you buy, hold, or sell the stock?
Exicom Tele-Systems IPO: The issue was subscribed 129.54 times on the final day of bidding
BUSINESS
Tata Motors' CV, PV demerger is a 'non-event' on immediate basis, says Nuvama
"Think of it like JIO's recent demerger from Reliance Industries Limited, where JIO got listed separately and eventually (in the next few days) got excluded from the domestic indices", Nuvama said
BUSINESS
Demerger to help unlock value of Tata Motors’ passenger car division: Experts
Investors are more upbeat on the outlook for the passenger car division and the demerger will give them exposure to a pure play passenger vehicle business.
BUSINESS
Tata Motors DVR spread contraction may be a good trade to initiate, says Nuvama
"The demerger is a logical progression of the subsidiarisation of PV and EV businesses done earlier in 2022 and shall further empower the respective businesses", the company said
BUSINESS
Exicom Tele-Systems likely to showcase a robust debut on the bourses
Exicom Tele-Systems IPO: The company intends to raise Rs 429 crore through its maiden public issue
BUSINESS
YOLO generation driving luxury car sales, says Landmark’s Aryaman Thakker
The average age of Mercedes S Class buyers has fallen to mid-30s from mid-40s.
BUSINESS
Why is Bharat Shah not excited about India’s $6-trillion economy goal? Investing veteran explains
Shah expressed disappointment at the expectation of India growing to become a $6 trillion economy in 6 years, saying that the nation must aim far higher than that
BUSINESS
Mahindra & Mahindra Q3 results draw bullish analyst calls, CLSA, HSBC, Nomura say ‘buy’
Its revenue from operations also climbed to Rs 25,289 crore as against Rs 21,653 crore in the corresponding quarter of last year.
BUSINESS
Eicher Motors slumps 3%, brokerages sound caution as competition revs up
Slowing retail and rising competition could impact more in FY25
BUSINESS
Hero MotoCorp share price falls 4%, analysts bearish on valuation despite strong Q3 results
Hero MotoCorp share price fell today after robust Q3 results, which beat analyst estimates. Brokerages have turned cautious on the 2-wheeler maker saying that the stock may have turned overvalued.
BUSINESS
Hero MotoCorp Q3 preview: Net profit to rise 47% on operating leverage, lower costs
The Harley Davidson maker is expected to report a net profit of Rs 1,048 crore, according to the average estimate of six brokerage firms
BUSINESS
Capital Small Finance Bank IPO: 10 things to know before subscribing to Rs 523-crore issue
The Rs 523-crore offer is combination of a fresh issue and an offer-for-sale
BUSINESS
7 stocks that can deliver over 30% returns to make you rich in 2024
Strong fundamentals, and a robust outlook make the stocks an attractive proposition for investors.
BUSINESS
Maruti Suzuki drives bullish stock calls, analysts see better margins after robust Q3
The company performed well in a seasonally weak quarter, and margins should improve with better operating leverage and few discounts", HSBC said
BUSINESS
Consumer durable industry wants GST reduction, Infra push, PLI extension this interim budget
Industry players are advocating for a reduction in GST in Union Budget 2024 on essential appliances from 12 percent to 5 percent, Axis Securities said.
BUSINESS
Budget 2024: Auto sector eyes EV incentives to push entry-level cars
Analysts said the government is likely to focus on boosting rural consumption and this is expected to benefit rural-focused two-wheeler and entry-level four-wheeler companies
BUSINESS
Maruti Suzuki Q3 preview: Profit may rise 21%, revenue to increase on favourable mix
Although there is a decline compared to the previous quarter, the product mix and price increase will support an overall rise in profitability.
BUSINESS
TVS slips 3% after brokerages turn cautious after Q3
In Q3FY24, the sale of three-wheelers fell to 38,000 units from 43,000 units in the year-ago period
EARNINGS
Bajaj Auto scales all time high as Q3 beats estimates: Should you buy, sell, or hold the stock?
Jefferies suggests the two-wheeler segment of the company is poised for a rebound and expects a 15 percent volume CAGR in FY24-26
