India’s largest life insurer Life Insurance Corporation (LIC), two-wheeler major Hero MotoCorp and pharma stocks like Novartis, Zydus Lifesciences and Lupin will be among 25 companies which will be holding their record dates for the purpose of dividend. Check if you own any of these stocks: Monday, July 21 It will be the ex-date and … Read more
Mumbai: Shares of cement companies have seen renewed buying interest in the past few weeks following a rise in prices, expectations of strong first quarter results despite the onset of monsoons, and an expected FY26 rebound from circumspect sales last year. Analysts said that even on the technical charts, some stocks indicate a breakout. Companies … Read more
Pashupati Advani, Founder, Global Foray, says we will see positive surprises in companies which have a lower tariff than people expect. The second thing that will happen is if there is any kind of misbalancing and arbitrage opportunity in the tariffs, companies that are able to take advantage of that will be winners. Whoever moves … Read more
New Peaks On Friday, the benchmark Sensex fell by 192 points, closing at 77,415. Despite this market decline, six stocks from the BSE 500 index reached their 52-week highs, marking their highest prices in the past year. A 52-week high is a key indicator for traders and investors, reflecting a stock’s peak value over the … Read more
Shree Cement on Tuesday reported a 51.3% year-on-year (YoY) decline in its consolidated net profit to Rs 278.6 crore for the quarter ended June 30, 2024. The company reported a net profit of Rs 572.3 crore for the corresponding quarter of the last financial year. Meanwhile, the revenue from operations stood at Rs 5,123.9 in … Read more
“One thing you will notice that in India no cement company has ever given any loss to the bank, no haircut. All cement companies have gone at a higher rate than what their debt was. So, it is a very clear that cement buyers are there quite a lot,” says HM Bangur, Chairman, Shree Cement.What … Read more
In atleast 30 stocks, mutual funds have increased their stake consistently in the last three quarters, and their bullish stance alongwith the positive market sentiment saw around 11 of them giving multibagger returns in the last 10 months. What’s also interesting to note is that all the 30 companies have reported atleast 20% year-on-year (YoY) … Read more
Shree Cement‘s consolidated net profit more than doubled to Rs 447 crore in the three months to September 2023. This compares with Rs 183 crore in the previous year period. Revenue from operations in the reporting second quarter jumped 19% year-on-year (YoY) to Rs 4,800 crore, compared with Rs 4,038 crore in the year-ago quarter. … Read more
Bajaj Finance. Share Price 7967.60 03:59 PM | 03 Oct 2023 156.86(2.00%) Larsen & Toubro. Share Price 3073.25 03:59 PM | 03 Oct 2023 49.70(1.64%) Titan Company. Share Price 3196.25 03:59 PM | 03 Oct 2023 47.45(1.50%) Bajaj Finserv. Share Price 1561.05 03:59 PM | 03 Oct 2023 20.80(1.35%) Adani Ports & Special Economic Zone. … Read more
Brokerage firm Morgan Stanley maintained an overweight rating on RIL, Citi downgraded Pidilite Industries to sell, Nomura downgraded UltraTech Cement to neutral, and Investec initiated a buy rating on Indian Bank.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on RIL: Overweight| Target Rs 3210Morgan Stanley … Read more