Oil India

Markets pricey with modest EPS growth; autos, hospitality offer opportunities: Venkatesh Balasubramaniam of JM Financial

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Markets pricey with modest EPS growth; autos, hospitality offer opportunities: Venkatesh Balasubramaniam of JM Financial

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

7 mutual funds trim their exposure in 20 smallcap stocks in September – Reduction in exposure

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7 mutual funds trim their exposure in 20 smallcap stocks in September – Reduction in exposure

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

Higher crude oil prices a net positive for upstream cos, possibly for OMCs too: Kotak Equities

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Higher crude oil prices a net positive for upstream cos, possibly for OMCs too: Kotak Equities

The recent rise in crude oil prices may prove beneficial not only for upstream oil companies but also for oil marketing companies (OMCs), according to a report by domestic brokerage firm Kotak Institutional Equities. In a recent note, the brokerage highlights that the latest rally in oil prices, with Brent crude being up 15% since … Read more

Concurrent Gainers: 11 stocks that gain for 5 days in a row – Consistent Performers

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Concurrent Gainers: 11 stocks that gain for 5 days in a row – Consistent Performers

During the five trading sessions ending June 13, the Sensex dropped 1.30% or 1,070 points, settling at 81,119. The index closed lower on three of those five days. However, amid the broader market weakness, 11 BSE 500 stocks recorded gains in all five sessions. (Data Source: ACE Equity) Source link

ONGC, Oil India shares rally up to 5% as crude prices surge; OMCs, tyre, aviation stocks slide on cost concerns

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ONGC, Oil India shares rally up to 5% as crude prices surge; OMCs, tyre, aviation stocks slide on cost concerns

Shares of state-run oil producers ONGC and Oil India rallied up to 5% on Thursday, tracking a sharp uptick in global crude prices, even as downstream oil marketing companies, tyre makers, and aviation stocks fell amid concerns over higher input costs. Oil and Natural Gas Corporation (ONGC) shares rose 3.2% to Rs 255.15 on the … Read more

Midcaps hammered in February, plunge up to 30%. IREDA, Delhivery among biggest losers

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Midcaps hammered in February, plunge up to 30%. IREDA, Delhivery among biggest losers

Midcap stocks got hammered through February falling by as much as 30% as investors scurried to book profits or cut losses. The low-key sentiments on D-Street were on account of both the global and local factors. While Donald Trump’s threats on reciprocal tariffs and fears of US economic slowdown weighed on the markets, nearly a … Read more

Q3 results this week: SBI, ITC, LIC among 748 companies to announce earnings

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Q3 results this week: SBI, ITC, LIC among 748 companies to announce earnings

Nearly 748 companies will announce their quarterly earnings this week. Key results to watch out include from Asian Paints, Titan, Airtel, Power Grid, Divi’s Labs, Tata Power, Torrent Power, Info Edge, Swiggy, SBI, ITC, Trent, Britannia, LIC, M&M, NHPC, Oil India among others. Here’s what to look forward to on the earnings front: February 3 … Read more

IREDA, RVNL among 12 midcap multibaggers since last Diwali. 10 gems for next Samvat

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IREDA, RVNL among 12 midcap multibaggers since last Diwali. 10 gems for next Samvat

BSE Midcap index has produced 12 gems since last Diwali, each delivering multibagger returns with 26 others yielding double-digit returns of 50% or more. There are 19 duds as well in the pack of 192 stocks which have fallen by up to 50% during this period. The 12 multibaggers are Indian Renewable Energy Development Agency … Read more

Oil India among 10 stocks in focus this week for bonus issues, stock splits, and buybacks

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Oil India among 10 stocks in focus this week for bonus issues, stock splits, and buybacks

Oil India and Vertoz Advertising, along with several other companies, are expected to remain in focus this week as they approach their record dates for bonus issues, stock splits, buybacks, and demergers. The record date is set by the company to determine which shareholders are eligible to receive the offer. To qualify for a buyback … Read more

LIC cuts stake in 16 PSU stocks as portfolio soars to Rs 14 lakh crore

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LIC cuts stake in 16 PSU stocks as portfolio soars to Rs 14 lakh crore

India’s largest domestic institutional investor Life Insurance Corporation of India (LIC) has reduced ownership in at least 80 stocks, including 16 PSUs, in the March quarter with the market value of its portfolio surging to Rs 14 lakh crore. LIC was seen cutting stakes in BHEL, SAIL, Coal India, Oil India, Mahanagar Gas, MOIL, SBI, … Read more