Larsen and Toubro’s (L&T) stock has risen by 8% in three trading sessions after the engineering major reported highest-ever annual order inflow for FY25 despite global macroeconomic volatility. The company has increased the overseas footprint gradually over the past three years with order inflow from other countries now forming more than half of its total … Read more
One 97 Communications, which operates fintech platform Paytm, will announce its Q4FY25 earnings on Tuesday, with some brokerages expecting the company to swing into profits. Profit after tax (PAT) is estimated to range between Rs 3.6 crore and Rs 4.5 crore, according to JM Financial and Yes Securities. However, Motilal Oswal Financial Services (MOFSL) projects … Read more
ET Intelligence Group: TVS Motor Company enters FY26 on a strong footing, driven by rising electric vehicle (EV) adoption, premium product launches, and recovering exports. With EVs contributing about 9% to revenue and further expansion planned, the company aims to outpace industry growth. Continued investments in technology and global markets support its long-term ambitions, though … Read more
The fourth quarter earnings season is picking up momentum and on Wednesday as many as 52 companies will announce their quarterly numbers. Key earnings to watch out include from Vedanta, Adani Power, IOC and Varun Beverages. Apart from the above Federal Bank, Forbes & Company, Go Fashion (India), Godrej Agrovet, Greaves Cotton, Orient Green Power … Read more
Mumbai: Is silver on the cusp of a catch-up rally with gold? A ratio measuring the price of silver versus gold indicates the white metal might be poised for a run-up as its recent underperformance is perceived as excessive. The gold to silver ratio – measured by dividing gold prices by silver – is at … Read more
The Indian market is likely to consolidate on Thursday, tracking mixed global cues. The Nifty future closed positively with gains of 0.57% at 24,306 levels on Wednesday. India VIX rose nearly 5% to close at 15.96 in the previous session. On the options front, the maximum Call OI is placed at 24,300 and then towards … Read more
Mumbai: Information technology (IT) stocks were the biggest gainers in Wednesday’s trading, after HCL Technologies‘ stronger-than-expected earnings outlook prompted traders to cover some of their bearish bets that were initiated after earnings announcements of its larger peers –TCS and Infosys. The Nifty IT index shot up 4.3% – posting its biggest single-day gain in 10 … Read more
In a year brimming with global economic uncertainty, gold has emerged as the undeniable winner—surging past the Rs 1,00,000 mark in domestic markets and leaving traditional investments like fixed deposits and even equities far behind. While Indian FDs continue to offer modest returns in the average range of 6-8%, the yellow metal has delivered double-digit … Read more
Mumbai: The rebound in equities has eased some concerns about the market prospects, but derivative traders are not in the mood to abandon their guard entirely. The long-short ratio, a widely-tracked indicator of traders’ bullish versus bearish positions in index futures, of foreign portfolio investors (FPIs), has risen from 25.4% to 29.5% in the past … Read more
Gold prices fell by Rs 400 per 10 grams on Thursday as investors chose to book some gains following a stellar rally which saw yellow metal rates hit a fresh lifetime high of Rs 95,935 on the MCX in the preceding session. Given the current uncertainties, the outlook remains bullish for gold bulls with only … Read more