In Q3FY24, automotive companies experienced favorable year-on-year volume growth across multiple segments. This increase in volume was further reinforced by improved realisation, attributed to the implementation of premiumisation strategies and enhanced net pricing. Additionally, favorable margin performance was achieved through a beneficial product mix and advantages derived from the easingRead More →
The rise in FPI inflows came on the back of improving macros, declining inflation, hopes of a rate cut in 2024, and the possibility of the incumbent government returning for a third term in the general elections next year. Moreover, the record-high performance of the Indian market throughout the year,Read More →
An investment of ₹1 lakh in this stock in March 2022 would have turned into over ₹5.9 lakh now. SJVN Limited, together with its subsidiaries, engages in the generation and sale of electricity in India, Nepal, and Bhutan. The company is also involved in thermal power, hydropower, wind power, solarRead More →
The timing and magnitude of potential rate cuts by the Fed remain uncertain, leaving questions about whether they will be modest or significant. Nevertheless, the indication that rate cuts are forthcoming still serves as a positive factor for the market, providing some clarity amidst the uncertainty. A big event isRead More →
This bullish outlook is supported by favorable policy environments, substantial capacity enhancements, and growing opportunities for private sector participation through tariff-based competitive bidding (TBCB). Ventura has initiated coverage on the stock with a buy rating and a target price of ₹1,600 in the next 24 months, indicating an upside potentialRead More →
As per the expert, IndusInd Bank, currently trading at ₹1,550, has recently broken out of its range by forming a new higher high and higher low, indicating a strong uptrend. The immediate resistance is near the ₹1,690 level, and the current price is exhibiting strong bullish momentum, expected to continueRead More →
But the question remains: Is it still a good ‘buy’? Let’s see what technical and fundamental experts have to say. Stock Price Trend Zomato share price has surged over 200 percent in the last one year and over 30 percent in 2024 YTD. In comparison, the benchmark Nifty has advancedRead More →
The brokerage has a ‘buy’ call on the stock with a target price of 995, implying a potential upside of 10 percent from its current market price of ₹905 (as on February 23, 2024). HG Infra Engineering, established in 2003, is an infrastructure company headquartered in Jaipur, Rajasthan. The companyRead More →
Ahead of the bidding, the Capital Small Finance Bank raised ₹57 crore from anchor investors. Whiteoak Capital, Nippon Life India, Edelweiss Tokio Life Insurance, Ashoka India Equity Investment Trust, 360 ONE Mutual Fund, HDFC Life Insurance Company, Ananta Capital Ventures Fund, ICICI Prudential Life Insurance Company, SBI General Insurance Company,Read More →
Nova Agritech’s share price made a stellar debut on the bourses today, listing at ₹55, an over 34 percent premium to the issue price of ₹41 on BSE. Meanwhile, on BSE, Nova Agritech’s share price was listed at ₹56 apiece, up 36.6 percent from the issue price. It further roseRead More →
