Apollo Hospitals Enterprises Share Price 4984.50 03:54 PM | 05 Sep 2023 159.65(3.31%) Coal India Share Price 255.35 03:59 PM | 05 Sep 2023 7.55(3.05%) Sun Pharmaceutical Industries Share Price 1131.90 03:59 PM | 05 Sep 2023 23.00(2.07%) Bharat Petroleum Corporation Share Price 350.20 03:59 PM | 05 Sep 2023 5.50(1.60%) Bajaj Auto Share Price … Read more
Vinit Bolinjkar, Head-Equity Research, Ventura Securities, says RBL is definitely a stock to buy. So, irrespective of Mahindra putting money into this stock, we had a buy on this stock at Rs 130 with a target of Rs 260. Today, we are sitting around 210-220 odd levels still a way to go and our estimates … Read more
NEW DELHI: Out of 8 stock baskets offered by Sharekhan’s InvesTiger app, 7 have managed to beat their respective indices by 4-12% since inception after factoring the transaction cost. “Apart from stock picking, we also focus on a top down approach which means having exposure in the right sectors depending upon macro conditions. This helps … Read more
Mutual funds have been consistent buyers of Indian shares even when foreign institutional investors were sitting on the fence until the early part of 2023. This has paid off well as some of the favourite stocks of mutual funds have seen significant appreciation in prices, with some even turning into multibaggers within a year, data … Read more
“The Nifty FMCG index is at its peak currently. Many stocks including ITC, Varun Beverages, Britannia, and Nestle are gliding higher especially given that they have delivered good numbers in the quarter gone by,” says Kaizad Hozdar – Investment Advisor, TrustPlutus Wealth. In an interview with ETMarkets, Hozdar said: “After a brutal 2022 when margins … Read more
Mumbai: The Nifty FMCG, or Fast Moving Consumer Goods index, hit the 50,000 mark on Friday for the first time ever as smart investors mounted bets on select consumer-oriented companies such as ITC, Nestle and United Spirits as a defensive play in an uncertain environment. The index comprising 15 of India’s top consumer companies jumped … Read more
“We called out at the beginning of the year itself that you will see a bulk of the returns coming in the market in the second half of the year and that is what we are prepared for,” says Dinshaw Irani, CIO, Helios India.One-third of the total cloud opportunity has only been implemented in terms … Read more
One of the largest franchisees of PepsiCo, Varun Beverages, on Tuesday reported a 69% year-on-year (YoY) increase in consolidated profit after tax to Rs 429 crore for the quarter ended March 31, 2023. The company had reported a net profit of Rs 254 crore in the same quarter of the previous fiscal year. The company’s … Read more
Global brokerage firm Morgan Stanley maintained an underweight rating on , Credit Suisse has an outperform rating on Medplus Health, JPMorgan maintained an overweight rating on and an overweight stance on , and BofA Securities retained a buy call on . We have collated a list of recommendations from top brokerage firms from ETNow and … Read more
In its upcoming semi-annual list of stocks, Association of Mutual Funds in India (AMFI) is highly likely to downgrade and One 97 Communication ( Paytm) from largecap to midcap category, according to a report by . The AMFI rejig will majorly be classified by size, taking into account data from July to December 2022. This … Read more