Nifty’s latest addition, Max Healthcare Institute, on Friday reported a 74% year-on-year growth in its September quarter consolidated net profit at Rs 491 crore, compared to Rs 282 crore posted in the year-ago period. The company’s revenue from operations in the quarter under review stood at Rs 2,135 crore, up 25% over Rs 1,707 crore … Read more
Venkatesh Balasubramaniam of JM Financial shared a comprehensive view of the Indian equity markets, highlighting the challenges and opportunities amid the current environment. He emphasized that the markets are trading at elevated valuations, with the headline indices priced at nearly 23–24 times one-year forward earnings—roughly one standard deviation above the mean. While such valuations could … Read more
Seven mutual funds reduced their exposure in around 20 small cap stocks in September. Fund houses add or sell or trim their exposure to actively manage their portfolios and offer good returns. Here is a detailed breakup, according to a report by Nuvama Institutional Equities. Source link
Ace investor Ashish Kacholia has hit a half-century with the addition of a new stock to his portfolio in the quarter ended September. He picked up Jain Resource Recycling, a smallcap stock that made its market debut on October 1. According to the company’s Red Herring Prospectus (RHP), the shares were allotted to Bengal Finance … Read more
BNP Paribas on Monday bought stakes in Nifty stocks Hero MotoCorp and IndusInd Bank via bulk deals. The French multinational bank acquired shares worth Rs 1,035 crore in the two-wheeler company and Rs 771 crore in the private sector lender. It spent a total of Rs 1,806 crore to buy the shares of the two … Read more
Indian markets have remained volatile over the past few weeks, with corrections seen across most segments. Metals provided some relief, rising by half a percent, largely due to a spike in LME copper prices. However, fundamentals in the metals segment remain largely unchanged. Market expert Sudip Bandyopadhyay shared his insights in an interview with ET … Read more
Consistently increasing quarterly earnings per share (EPS) indicates that a company is improving its profitability over time. This trend suggests strong financial health, effective management strategies, and potential for sustainable growth. In the NSE midcap segment, seven companies have notably improved their EPS, showing increases for four consecutive quarters (till the June ’25 quarter) compared … Read more
Auto stocks rallied as much as 6% on Monday ahead of the all important two-day GST council meeting that starts on Wednesday, September 3. Sectorally, auto trumped its peers with the Nifty Auto index finishing the day with 2.8% uptick. All the 15 stocks settled in the green. The positive sentiments helped stocks sail through … Read more
Investors looking to benefit from corporate dividend announcements should take note: today marks the ex-dividend date for nine companies, meaning it’s the final opportunity to purchase these stocks and still be eligible for their announced payouts. These companies are approaching their ex-date, September 1, for determining the shareholder eligibility for the announced dividends. Among the … Read more
“If we look at individual sectors—specifically IT—most large-cap names are now trading at less than 20 times FY27 earnings. These are the levels they had hit when tariff uncertainty was at its peak, so incremental downside from here seems limited for IT names,” says Nikhil Ranka, Nuvama Asset Management. Similar question, because yes, the index … Read more