Can Divi’s maintain its premium valuation amid headwinds?

Indian pharma companies have been struggling to maintain margins because of strong headwinds. Due to increased competition, pharma companies are experiencing price erosion in the market, resulting in sluggish growth. While price erosion is not the only issue at hand, China’s lockdown that caused supply chain disruption, the rise in raw material prices, and the […]

Social media scam artists prey on India’s amateur investors

It’s an increasingly fraught topic around the world. Securities regulators from Spain to Australia are mulling ways to enforce restrictions against social media influencers. Earlier this year, SEBI shut down a Telegram channel called “Bullrun2017” that purported to specialize in penny or small-cap stocks. Group administrators bought shares of small companies, recommended them to their […]

Stocks to buy today: 6 short-term trading ideas by experts post US Fed rate hike

“Even after the 75 bps consecutive rate hike by the Fed and indication that “another unusually large increase would be appropriate in the next meeting” the US markets staged a smart bounce back with S&P 500 and Nasdaq rising by 2.62% and 4.06% respectively,” Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, […]

Should you buy, sell or hold Maruti Suzuki after Q1 results?

Mitul Shah, Head of Research, Reliance Securities expects the domestic PV industry to record double-digit volume growth in FY23 and FY24, which would support Maruti’s business. Moreover, sales of premium products would further increase.

Brokerages raise price targets on Asian Paints

“Asian Paints’ strong revenue delivery and market share gains are impressive; however, rich valuation at 57 times FY24 estimated earnings per share, especially in the context of Grasim’s impending entry limits any upside,” said Axis Capital.