Do you own any PSU equities where FIIs boosted their holdings by as much as 2.9% in Q2? The majority of investors like PSU stocks because of their safety, high dividends, potential for value growth, and government support, which appeals to conservative and income-focused investors. In addition to their excellent financials, sound future plans, minimal…
Shares of Cochin Shipyard dropped 5% as the government sells its interest. Cochin Shipyard Share Price: Through an offer for sale, the government plans to sell up to 5% of its Cochin Shipyard interest. The shares are being offered at a floor price of Rs 1,540 apiece, which is 8% less than the closing price….
Q2 Results for Havells India: Poor operational performance lowers share price On Thursday, October 17, Havells India Ltd.’s stock dropped as much as 7.5% after the company’s operating results fell short of forecasts. In comparison to the same quarter last year, the cables and wires manufacturing company’s net profit climbed 7.7% to ₹268.2 crore. The…
China vs. India: A conundrum for stock market investors as India faces three downsides According to Macquarie, China’s recent reversal is only an effort to de-risk and underwrite growth ambitions, with policies still lacking support from the standpoints of real estate and consumer. Weakening GDP growth, high EPS expectations of 17%, and the historically highest…
Shares of Bajaj Auto fall more than 11% as Q2 underwhelms D-St. Is it better to purchase or sell? Bajaj Auto Share Price: After the company’s Q2 FY25 profits fell short of forecasts, shares of Bajaj Auto fell more than 11%. At Rs 2,005 crore, the net profit increased by 9%. With ratings ranging from…
Investors lose ₹6 lakh crore in a single day as the Sensex declines for the third straight session; the main causes of the market decline Stock market today: On Thursday, the Sensex and the Nifty 50, two indices of the Indian stock market, ended the day in negative territory for the third straight session. Current…
On October 14, Vijay Kedia purchased 100,000 shares of this multibagger auto company, and the stock increased by more than 10%. From its 52-week low of Rs 173.15 a share, the stock has increased by 47.3%, and over the last five years, it has produced multibagger returns of 785%. With the NSE Nifty-50 Index up…
Following a 39% YoY increase in Q2 PAT, Angel One’s shares climb by about 9%. Angel One Share Price: With a 39% increase in net profit to Rs 423 crore and a 44.5% increase in total operating revenue to Rs 1,515 crore, Angel One records an excellent Q2FY25. Additionally, the brokerage gained 30 lakh new…
Vodafone plans to complete IT outsourcing agreements this month and adds suppliers to reduce its reliance on IBM. Instead of renewing the full agreement with IBM, Vodafone Idea has decided to work with specialized companies in particular fields and engage more suppliers in order to reduce total operational expenses. As Vodafone Idea’s multi-year IT outsourcing…
MTNL shares increased by 9%. Should you watch or stay away? These are the opinions of analysts. MTNL share price: As of now in 2024, the scrip has increased by 62.96%. Despite the aforementioned increase, it has dropped 46.85% from its 52-week peak of Rs 101.88, which was reached on July 29, 2024. During Monday’s…
