Trends on SGX Nifty indicate a flat-to-negative opening for the broader index in India, a fall of 19 points or 0.16 percent. Nifty futures were trading around 11,654-level on the Singaporean Exchange.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 26 points or 0.24 percent. Nifty futures were trading around 10,867-level on the Singaporean Exchange.
Krishna Karwa does a 3-Point Analysis of D-Mart's Q3 performance to help you decide whether you should by the stock or not.
The breadth of the market favoured the advances with 1133 stocks advancing and 429 declining while 485 remained unchanged. On the BSE, 1239 stocks advanced, 462 declined and 90 remained unchanged.
It remains to be seen as to how the company manages to gain incremental market share without hurting its margins.
Consumer-facing businesses appear to be the preferred picks of most investors, and retail companies are no exception. Consequently, it isn’t surprising to see such stocks trading at a premium.
The company’s revenues rose 23 percent at Rs 4,094.8 crore against Rs 3,339.3 crore year-on-year
Valuations seem stretched, but lower-than-expected growth momentum in future could give investors some room to identify price corrections before clicking the ‘Buy’ button.
The rally was broad based and more than 70 stocks hit a fresh 52-week high on the NSE which include names like Britannia Industries, RIL, Heritage Foods, Birla Corp, Rushil Décor, Tata Investments, Repro India, Hindalco etc. among others.
Important key points in earnings to watch out for would be its revenue growth, same-store-sales growth and margin.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Basant Maheshwari, Author & Independent Market Expert shared his readings and outlook on specific stocks and sectors.
The scrip of newly-listed firm gained 3.33 percent to end at Rs 775.50 on BSE. During the day, it soared 7.5 percent to Rs 806.80.
Bangalore-based Flipkart has been valued at a whopping $11.6 billion or nearly Rs 74,800 crore – more than the market capitalisation of all the listed retail companies on the NSE
India saw a promising start to the IPO activity in the first quarter despite global political uncertainty.
JP Morgan has initiated coverage on the stock with a neutral rating and CRISIL upgraded rating on bank facilities
In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Deven Choksey of KRChoksey Investment Managers shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Avenue Supermarts , Ceat, Bajaj Finance, Mahindra and Mahindra Financial Services and TV Today.
HDFC has been simply the most consistent performer over a long period of time and it has scaled to be able to grasp various opportunities, said Jonathan Schiessl of Ashburton.
In an interview to Prashant Nair and Ekta Batra, Rahul Arora of Nirmal Bang Institutional Equities shared his views on the fundamentals of the market and the outlook going forward. He also spoke about specific stocks and sectors.
Bengaluru-based retailer Shankara Building Products on Tuesday raised Rs 103.5 crore from anchor investors.
Despite being the poster boy of organized retail, Future Retail’s operational efficiency is nowhere close to that of D-Mart’s.
D-Mart’s dream listing on Tuesday has prompted many enthusiasts to take its name in the same breath as Walmart.
Damani is modest and wise person, he does not live in a fantasy, said Bhanshali.
The stock gave investors double the amount invested based on issue price of Rs 299.