“In our portfolio, we have players like Persistent and . Initially, in the next couple of quarters, there will be low growth but over the next two to three years, they can do more than 10-12% kind of revenue growth because the headwinds of rising wage hike and other related costs are almost behind us. … Read more
NEW DELHI: Amid easing chip supplies and pent-up festive season demand, auto has emerged as the best-performing sector on Dalal Street in the last 6 months. Now, ahead of the September quarter earnings season, analysts expect margins to improve for the second straight quarter due to operating leverage benefits and raw material tailwinds. “We forecast … Read more
NEW DELHI: Most analysts are turning bullish on auto stocks as Q1 volumes recover across segments and supply side issues seem to be easing, with an improvement in the supply of semiconductors. Led by rallies in , MRF, Mahindra & Mahindra, Hero Moto and , the Nifty Auto index is up over 8 per cent … Read more
Nifty futures on the Singapore Exchange traded 181 points, or 1.03 per cent lower at 17,425, signaling that Dalal Street was headed for a negative start on Friday. Here are a dozen stocks which may buzz the most in today’s trade: ONGC, Divi’s Labs, Apollo Hospitals: Oil and Natural Gas Corporation, Divis Laboratories, Apollo Hospitals, … Read more
US markets are running on stimulus hope and domestically, it will make sense to be very cautious while trading in short-term players, says Rahul Sharma, market strategist and research head (equity), Equity99 Advisors. On near-term factors at play in the marketIn September, the Nifty fell to 10,800 from 11,600 and then it rebounded to 11,600. … Read more