An analysis of the price action suggests that MCX stock has gained 70% from its 52-week lows of Rs 1,285.05, which it hit in May this year. Moreover, despite the ups and downs in the markets, the stock has given returns of more than 60% over the past 12 months, outperforming Nifty50, which has returned … Read more
The hospitality industry has witnessed a strong recovery as the travel recovery bodes well for the sector. The hotel companies reported higher flow through (incremental EBITDA to incremental revenue) in 1QFY23 v/s 1QFY20. While domestic demand is seeing a strong recovery, international travel is lagging. With the pick-up in foreign inbound travellers in 3Q and … Read more
Sharda Cropchem, an otherwise outperformer with a solid 50 per cent return year-to-date (YTD), has seen a massive fall in its shares following the company’s 41 per cent year-on-year (YoY) slide in June quarter profits. Currency depreciation and one-off forex losses hurt profitability, but a few brokerages are optimistic about the company’s prospects. They see … Read more
Shares of have fallen more than 23 per cent from their September 2021 highs, putting the stock firmly in the bear grip. However, , in its recent report, initiated coverage on the stock with a ‘Buy’ rating and a target price of Rs 1,500, signalling a potential upside of over 17 per cent in the … Read more
Shares of have fallen more than 30 per cent from their October 2021 highs, amid broader market weakness, putting the stock in the bear grip. However, brokerages have maintained their bullish stance on this smallcap company and see over 95 per cent upside on the back of strong order book and growth runway. Dolat Capital … Read more
NEW DELHI: Shares of (AICL), an infrastructure ancillary for the transport and logistics segments, have been on a roll for a while now. The stock has seen a meteoric rise of 832.69 per cent in the last two years, outperforming both benchmark and peers by a wide margin. In the last year alone, this multibagger … Read more
NEW DELHI: Worries over Sri Lanka operations, which accounted for 17 per cent of FY22 sales, have weighed heavily on shares of recent debutant . While analysts do see the issue to impact the profitability of the non-exclusive franchise of YUM! brands (in India and Sri Lanka) in the short term, they are finding comfort … Read more