Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and more

Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and more

There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank‘s rights issue’s ex-date is fixed this week. On Monday, 26th February, Fineotex Chemical (Rs 1.2/share), Gateway Distriparks (Rs 0.75/share), Natco Pharma (Rs 1.25/share), Suprajit Engineering (Rs 1.1/share), and … Read more

SBI, Axis Bank & 10 other value picks from ICICI Securities as number of investable stocks drop

SBI, Axis Bank & 10 other value picks from ICICI Securities as number of investable stocks drop

Stocks from capital-intensive sectors, cyclicals and value stocks are expected to do well as long as the investment, commodity and credit cycle continue to remain robust, an ICICI Securities report said. The brokerage has identified over a dozen stocks with ‘Buy’ ratings which it referred to as ‘value stocks’ while cautioning against value traps. The … Read more

Breakout Stocks: How are South Indian Bank, Gabriel India and BF utilities looking on charts for Monday’s trade?

Breakout Stocks: How are South Indian Bank, Gabriel India and BF utilities looking on charts for Monday’s trade?

Indian market closed lower on Friday for the second consecutive day in a row. The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 19400 levels. Sectorally, buying was seen in power, utilities, FMCG and some infra stocks while selling was visible in IT, metals, public sector and telecom stocks. Stocks … Read more

Ahead of Market: 10 things that will decide D-Street action on Thursday

Ahead of Market: 10 things that will decide D-Street action on Thursday

Indian equity indices, tracking world markets, ended on a solid note near record highs on Wednesday amid bets that the Federal Reserve may announce a rate pause in its policy outcome late at night. Sector-wise, metal pack topped, while there was seen selling pressure in private banking and financial services basket. Here’s how analysts read … Read more

Shades of wealth! Four smallcap financial stocks have turned multibaggers since last Holi. Do you own any?

Shades of wealth! Four smallcap financial stocks have turned multibaggers since last Holi. Do you own any?

Four financial service companies, including three banks, from the smallcap space have turned multibaggers since last year’s Holi, according to an analysis by The Economic Times. Karnataka Bank was the top gainer among the financial pack, with a rise of over 153%, followed by Ujjivan Financial Services, whose shares have risen 145%. Meanwhile, South Indian … Read more

Rs 45,000 crore-bet! YES Bank among top 9 FII stock picks in Q3. What should investors do?

Rs 45,000 crore-bet! YES Bank among top 9 FII stock picks in Q3. What should investors do?

NEW DELHI: Foreign institutional investors or FIIs are estimated to have splurged about Rs 44,700 crore in 9 stocks during the December quarter. The shopping list is dominated by bank stocks – , and YES Bank. During the quarter, FIIs nearly doubled their shareholding in retail favourite YES Bank from 12.15% to 23.24%. Calculations done … Read more

Sweet ending to 2022: 264 smallcap stocks give double-digit weekly returns

Sweet ending to 2022: 264 smallcap stocks give double-digit weekly returns

Many stocks in the smallcap segment ended 2022 on a sweet note, with as much as 264 of them giving double-digit weekly returns. As much as 27 smallcap stocks rose 20-41% in the week gone by. These include names like (Tax breaks, jobs or plan to beat China: What will Budget 2023 offer? Click to … Read more