Aug 03, 2022 09:24 AM ISTThe stock briefly erased all its losses to hit a high of Rs 55.95. At 9.40 am, the scrip was trading at Rs 54.25 on BSE, down 2.4 percent from its previous close of Rs 55.60.
Jul 13, 2022 10:11 PM IST Grauer and Weil's stock has nosedived from Rs 84 in May’22 to the current level of around Rs 59 per share. It is currently trading at 12 times its FY24 estimated earnings. Considering that the valuation is now attractive and the business is improving, MC Pro sees a good opportunity to invest. Here's why
Jun 29, 2022 05:33 PM IST The deal follows Tencent’s sale of a $16.4 billion stake in JD.com to Walmart Inc last year and extends an existing partnership with the WeChat owner.
Jun 27, 2022 02:17 PM IST The two-wheeler major intends to buy back 54.35 lakh shares aggregating up to 1.88 percent of the paid-up share capital via the open market at Rs 4,600 apiece.
Jun 23, 2022 07:44 AM IST Shares of the $330 million market-cap company, which filed for bankruptcy last Wednesday, are up more than 400% since its lows on June 14 as retail investors appear to pile in to the company.
Jun 21, 2022 09:21 AM IST The stock has been under pressure since the last seven sessions due to floods in Assam. It fell over 11% to hit a near three month low on Monday and has lost 17% since 9 June. Year to date, the lender is up 9%.
Jun 20, 2022 08:58 AM IST The brokerage expects Sun Pharma growth to be driven by its speciality portfolio and India market from hereon
Jun 15, 2022 09:57 AM IST Maruti has 39 buys, 8 holds and 6 sell ratings from brokerages, according to Bloomberg.
Jun 06, 2022 08:56 AM IST The company aims to commission 2,800 MW of projects by March 2024 at the standalone level, ending a 4-year drought in capacity addition
Jun 01, 2022 09:42 AM IST The floor price of the deal has been fixed at Rs 1,750 per share, a 6.8 percent discount from the current market price
May 24, 2022 09:20 AM IST NTPC plans to add 5,000-6,000 megawatt of power capacity per annum in the current and next fiscal years
May 19, 2022 01:53 PM IST Analysts blamed the correction on concerns over the team leadership among others.
May 18, 2022 10:55 AM IST The stock dropped to Rs 2022.55 apiece today- a level last seen on 16 October 2020. This is the fourth consecutive session where the stock has been trading in the red zone.
May 12, 2022 08:09 PM IST At the current market price, Ramkrishna Forgings is trading at 9.4 times FY24 projected earnings, which is reasonable. And we advise investors to buy this stock for the long term. Here’s why
May 06, 2022 08:07 PM IST One of the fastest growing QSRs in India, Devyani International is reaping the benefits of restructuring of business model, leading to the company posting a profit in FY22 after a long gap. Should you invest? Watch the video to find out
May 05, 2022 06:54 PM IST MC Pro recommends investors to accumulate Hero MotoCorp, a fundamentally strong and well-run business, which is valued reasonably. Watch the video to know why we like the stock
May 04, 2022 06:33 PM IST Saregama trades at an FY24 PE of 42.5x, above international peers like WMG & UMG. Investors should use market volatility to build a position in the stock. Here’s why
Apr 25, 2022 12:18 PM IST Rahul Chadha, Chief Investment Officer, Mirae Asset Global Investments, Hong Kong expects the next three-four months will be challenging amid expectations of aggressive Fed hike.
Apr 12, 2022 08:07 PM IST Dodla Dairy’s stock has corrected by about 26 percent from its all-time high in November 2021 and MC Pro recommends adding the stock to your portfolio. Here’s why
Apr 12, 2022 10:36 AM IST The stock has risen from Rs 35 in June-July 2020 to Rs 231 now
Apr 04, 2022 08:58 PM IST At the time of AU’s IPO in 2017, it was valued at 4.5x one-year forward book and got listed at 6.6x one-year forward book. So we are getting a high-quality franchise at a steep discount to its listing valuation for solid earnings growth ahead. Find out why MC Pro believes long-term investors should buy the stock.
Apr 04, 2022 05:50 PM IST Benchmark indices ended higher for the second consecutive session on April 4, boosted by the banking names post HDFC-HDFC Bank merger news. At Close, the Sensex was up 1,335 points, and Nifty was up 383 points. All sectoral indices ended in the green with bank, metal, power, rose 2-3 percent. BSE Midcap and Smallcap indices rose 1 percent each.
Apr 02, 2022 09:45 AM IST The Covered Call is a simple strategy that helps us reduce our losses and, in some cases, increase our profits. The only risk is the possibility of loss in Profits.
Mar 30, 2022 06:32 AM IST For now, investors aren’t heeding any warnings. The S&P 500 jumped 1.2% Tuesday for its ninth gain in 11 sessions, even as the yield on two-year Treasuries popped above the 10-year rate for the first time since 2019.
Mar 25, 2022 08:25 PM IST At the current market price, Relaxo’s stock is trading at a P/E of 59 times its FY24 projected earnings, which is close to its medium-term historical averages. MC Pro is once again optimistic about the stock post-recent correction. Watch the video to know why.
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