Various widely tracked companies like L&T, Bajaj Finserv, Sun Pharma, Coal India, Tech Mahindra, Britannia, Ashok Leyland and Jubilant FoodWorks would be releasing their December quarter report cards this week. Here’s a list: January 30 Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, , REC, Laurus Labs, … Read more
The Indian market is likely to trade higher on Thursday tracking positive global cues. The S&P BSE Sensex topped 63,000 while the Nifty50 hit 18,700 levels on Wednesday. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Jayesh Bhanushali, Sr Derivatives &Technical Research Analyst, IIFL, told ETBureau : … Read more
Nifty futures on the Singapore Exchange traded 86.5 points, or 0.48 per cent higher at 18,289.5, signaling that Dalal Street was headed for a positive start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: Coal India, Divis Labs, BPCL: Coal India, Divi’s Laboratories, Bharat Petroleum, One97 Communication, , … Read more
Inter Globe Aviation, which runs IndiGo airline, on Friday said its September quarter net loss widened to Rs 1,583 crore from Rs 1,435.6 crore posted in the same quarter last year even as its revenue from operations rose 122.8% year on year (YoY) to Rs 12,497.6 crore during the period. During the quarter, the number … Read more
Global brokerage Morgan Stanley maintained an overweight rating on M&M Financial, Goldman Sachs has upgraded to buy, CLSA retained underperform rating on , and BofA Securities remains neutral on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: M&M Finance: Overweight | Target Rs 225 Morgan Stanley … Read more
InterGlobe Aviation, part of the airline industry, has fallen by over 14 per cent from the November 2021 high but a breakout from a double bottom pattern on the weekly charts with strong volumes suggests that bulls are here to stay. Short-term traders can look to buy the stock now or on dips for a … Read more
Synopsis As the economy opened and operations resumed partially, fuel price and other expenses were higher than the revenue the company was generating, resulting in losses for FY21 and FY22. The latest results — for Q1FY23 — showed a significant spike in revenue, at Rs 12,855 crore, which shows an increase in demand (QoQ basis). … Read more
NEW DELHI: Key benchmark indices Sensex and Nifty50 rallied in four of five sessions last week, producing a solid 1.4 per cent return each. At least 35 stocks from the broader BSE500 index, which is up for the last seven sessions, delivered double digit returns for the week, with every one of five index constituents … Read more
New Delhi: Brokerage firms remain mixed over India’s largest airline carriage (IndiGo) after its Q1 numbers, which were majorly better than Street expectations. InterGlobe Aviation, which runs airline IndiGo, reported losses of Rs 1,064.30 crore in the June quarter compared with a loss of Rs 1,681.80 crore in the March quarter and Rs 3,174.20 crore … Read more
Global brokerage firm JPMorgan maintained its overweight rating on and Indigo, BofA Securities maintained its underperform rating on Bharat Forge, and CLSA recommended a buy on . We have collated a list of recommendations from top global brokerage firms from ETNow: JPMorgan on Hindalco: Overweight| Target Rs 565 JPMorgan maintained its overweight rating on Hindalco … Read more