Telecom major Bharti Airtel will announce its earnings on Tuesday, May 13, where the company is expected to report a robust year-on-year growth in its Q4FY25 profit after tax (PAT) aided by a healthy uptick in its Average Revenue Per User (ARPU). The net profit rise is seen in a wide range of 90%-226% according … Read more
The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or 1.30 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), … Read more
“Pace of recovery will depend on the pace at which profitability sustains and stabilises and volumes improve. But on risk-reward now after a period of three-four years we are now coming to a stage where as a contrarian investor one could start evaluating investing in this stock,” says Sandip Sabharwal, asksandipsabharwal.com. Let me just talk … Read more
In the Nifty200 pack, we have collated a list of six stocks that witnessed a 5-year swing high at the close on April 17, suggesting bullishness in counters, according to stockedge.com’s technical scan data. A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a … Read more
New Delhi, The combined market valuation of five of the top-10 valued firms surged Rs 84,559.01 crore in a holiday-shortened last week, with Hindustan Unilever emerging as the biggest winner. Last week, the BSE benchmark Sensex declined 207.43 points or 0.27 per cent. The NSE Nifty dipped 75.9 points or 0.33 per cent. Indian stock … Read more
Domestic brokerage firm Motilal Oswal expects a muted earnings performance in Q4FY25, projecting just 2% year-on-year (YoY) growth for the Nifty 50 index. The subdued growth outlook reflects persistent challenges across key sectors, particularly Oil & Gas (O&G), Cement, and Real Estate, even as segments like Technology, Auto, and BFSI are expected to provide moderate … Read more
A V-shaped recovery in equity markets is likely to continue with a bullish gap on daily charts suggesting a barrier at 23,700 levels, and a decisive breakthrough above could trigger bullish sentiment, enabling Nifty to reclaim the pivotal 24,000 level, said technical analysts. Stocks such as Bajaj Finance, Bharti Airtel, Eicher Motors, Grasim, HDFC Bank, … Read more
With India’s telecom sector witnessing rapid changes as Elon Musk’s SpaceX plans to enter India to offer Starlink’s high-speed internet services, extending ties with Bharti Airtel and Reliance, investors may face the dilemma of choosing between two of the biggest players in the industry. While Bharti has demonstrated strong resilience amid market fluctuations, Reliance continues … Read more
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday. “The shareholding of 69.94 per cent, held by Bharti Airtel Limited in Airtel Payments Bank Limited, is being transferred to the Company’s wholly-owned subsidiary (i.e. Airtel Limited), post receiving requisite … Read more
The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a … Read more