Midcap stocks with lower free float outdid their peers in the past six months in terms of returns, according to an analysis by Kotak Institutional Equities. State-run Mazagon Dock Shipbuilders and Indian Railway Finance Corporation (IRFC) occupy top slots in the list of 20 best-performing midcap stocks, which also features Fertilizers and Chemicals Travancore (FACT), … Read more
With midcap and smallcap indices hitting fresh peaks every day, domestic brokerage firm Kotak Institutional Equities today dropped its list of recommended midcap portfolio saying the primary driver of the rally appears to be irrational exuberance among investors. “The last lot of the new favorite mid-and-small-cap. stocks fall in the dubious category of ‘turnaround’ stories. … Read more
Coal India Share Price 283.75 02:09 PM | 08 Sep 2023 9.75(3.56%) NTPC Share Price 241.70 02:09 PM | 08 Sep 2023 7.60(3.25%) Bharat Petroleum Corporation Share Price 364.30 02:09 PM | 08 Sep 2023 9.70(2.74%) Hero MotoCorp Share Price 3024.80 02:09 PM | 08 Sep 2023 63.50(2.14%) Bajaj Finserv Share Price 1546.70 02:09 PM … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “ this is the time to start to get overweight on Reliance, Apollo Hospital and ICICI. Apollo Hospital is seeing peer groups which are getting listed and their market cap move up whereas this stock has done nothing. Bhasin further says Tata Tele would be the first of two … Read more
On the back of low inflation and lower raw material prices led by a decline in crude oil prices mid and smallcap indices hit their new 52-week high. The Nifty Midcap100 index surged 0.71% to 35,397, while the Nifty smallcap100 index rose 0.78% to 10,824 in Monday’s trade. Meanwhile, since April, Nifty Midcap100 gained 12.5%, … Read more
Indian IT companies are going through a tough phase amid macro headwinds and cautious client spending. Most of the IT heavyweights reported disappointing earnings in the fourth quarter and flagged a worsening outlook, at least in the near term. In this scenario, ICICI Direct has picked two stocks — Persistent Systems and Happiest Minds from … Read more
After a period of underperformance in the January-March quarter where Nifty50 lost nearly 4.5% or 830 points, the Indian markets turned around the corner in April with the 50-stock ending up with 3.6%. As investors look for opportunities in the equity markets, keeping a balanced portfolio is what the experts advise. A balanced portfolio strategy … Read more
In addition to these scores, the report also contains trend analysis, peer analysis and mean analysts’ recommendations to help an investor make better & informed investment decisions. Synopsis A high return on equity is a result of two factors. First, the basic nature of the business, there are some businesses which require a constant dose … Read more
“Stick with the companies where the balance sheet quality is very good and there are honestly both large caps as well as some small midcaps which are niche city-centric players like in Bangalore etc. which are quite decent and where the sales growth is still going on quite well. And at least over there in … Read more
“Several infrastructure stocks where order books are almost 3x last year’s sales, and there are some of them which are even 3.5, 3.7 times their last year’s sale so there were good order books plus execution picks up in the second half of the year. So this quarter and the next quarter can be very … Read more