Maruti Suzuki breaches Rs 4 lakh crore m-cap mark as stock races to fresh 52-week high

Maruti Suzuki breaches Rs 4 lakh crore m-cap mark as stock races to fresh 52-week high

Shares of Maruti Suzuki India (MSIL) jumped 4% on Wednesday to hit a fresh 52-week high of Rs 12,722.70 on the NSE. The company also entered the coveted club of stocks with a market capitalisation of Rs 4 lakh crore. Currently, there are 13 other stocks with a market capitalisation of Rs 4 lakh crore … Read more

These 26 companies saw over 25% drop in Q3 sales, PAT; are they still worth betting on?

These 26 companies saw over 25% drop in Q3 sales, PAT; are they still worth betting on?

The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more

4 Nifty stocks saw over 5% EPS downgrades post Q3. Do you own any? – Red Flag

4 Nifty stocks saw over 5% EPS downgrades post Q3. Do you own any? – Red Flag

Power Grid Corporation of India. Share Price 287.90 03:59 PM | 20 Feb 2024 11.55(4.18%) HDFC Bank. Share Price 1454.30 04:00 PM | 20 Feb 2024 37.21(2.63%) Axis Bank. Share Price 1088.60 03:59 PM | 20 Feb 2024 25.65(2.42%) NTPC. Share Price 345.70 03:59 PM | 20 Feb 2024 6.95(2.06%) Kotak Mahindra Bank. Share Price … Read more

Anand Rathi initiates coverage on 4 agrochemical stocks with ‘buy’ rating – ​Sectoral Play

Anand Rathi initiates coverage on 4 agrochemical stocks with ‘buy’ rating – ​Sectoral Play

Nestle India. Share Price 27372.40 03:57 PM | 01 Jan 2024 792.11(2.98%) Adani Enterprises. Share Price 2917.20 03:59 PM | 01 Jan 2024 68.25(2.39%) Adani Ports & Special Economic Zone. Share Price 1047.85 03:59 PM | 01 Jan 2024 23.50(2.29%) Tech Mahindra. Share Price 1297.15 03:59 PM | 01 Jan 2024 24.50(1.92%) Coal India. Share … Read more

S&P BSE Sensex 50 rejig: LTIMindtree, BEL to enter; UPL, Dabur set to exit index on December 18

S&P BSE Sensex 50 rejig: LTIMindtree, BEL to enter; UPL, Dabur set to exit index on December 18

LTIMindtree and Bharat Electronics (BEL) will replace UPL and Dabur India from S&P BSE Sensex 50 index with effect from December 18 as part of the reconstitution of the 30-stock index, a BSE release said on Monday. Shares of LTIMindtree jumped over 2% to the day’s high of Rs 5638 on the BSE while BEL … Read more

Q2 results this week: Airtel, Adani Enterprises, Zomato, Tata Motors, L&T, Titan, IndiGo and others

Q2 results this week: Airtel, Adani Enterprises, Zomato, Tata Motors, L&T, Titan, IndiGo and others

The second quarter results, even though a bit mixed, were largely in line with the expectations so far. While the IT companies’ revenue forecasts were muted, private lenders reported good margins and improved asset quality. In the upcoming week, a slew of Nifty companies and some Adani group firms will announce their earnings. Here’s a … Read more

L&T, ICICI Bank and Infosys lead on ESOPs. Nifty 12 top deck get richer by Rs 8718 crore

L&T, ICICI Bank and Infosys lead on ESOPs. Nifty 12 top deck get richer by Rs 8718 crore

Mumbai: A staggering amount of wealth was created by the upper echelons of corporate India over the last two years even as tough economic conditions loom large over the payouts of the broader employee base. A total of about ₹8,717.65 crore was potentially made over the last two fiscals by the senior-to-top management of 12 … Read more

Stocks to buy or sell today: India Cements, UPL among top 7 trading ideas for 22 September

Stocks to buy or sell today: India Cements, UPL among  top 7 trading ideas for 22 September

The Indian market may trade lower on Friday tracking muted global cues. The S&P BSE Sensex fell nearly 600 points while the Nifty50 closed below 19800 levels on Thursday. India VIX was down by 2.81% from 11.13 to 10.81 levels in the previous trading session. Volatility fell and has been hovering at its lower band … Read more

Analyst downgrades in earnings estimates exceed upgrades on muted Q1

Analyst downgrades in earnings estimates exceed upgrades on muted Q1

Mumbai: Analyst downgrades in earnings estimates of Indian companies for FY24 outnumbered that of upgrades in the past four weeks after the June quarterly results. Out of the Nifty 100 companies, 41 including UPL, Tech Mahindra, Vedanta, SRF, ACC, Grasim, and Tata Steel, among others, witnessed Earnings Per Share (EPS) downgrades for FY24, while 32 … Read more