Working on 200 projects worth $ 37 billion in India: USTDA Director Enoh T Ebong
Speaking to journalists in Delhi, she said, “There are 200 activities in India across clean energy transportation, digital infrastructure, and health care. We estimate that portfolio will unlock $ 37 billion in financing if these projects are implemented.”
After 2 years of goldilocks period, will FY24 Budget be a boon or bane for ITC?
If the quantum of hike in tax is around this level, then Jefferies believes ITC can absorb it by passing on to consumers and not seeing any major hit to volumes. The sector has seen notable recovery in legal cigarette volumes this year, while most other parts of consumption have seen sharp inflation in the […]
Nykaa, LIC, 2 Adani stocks among MFs’ top 10 largecap bets in Dec
Mutual funds invested most in these 10 largecap stocks in the December month. >> For more such web stories click on the ET icon below
Exciting times ahead for media and entertainment sector: Rushabh Sheth
So yes the environment at least for the next few quarters will remain slightly challenging and I think it will therefore lead to maybe a little bit of a lowering of expectations from a return perspective especially in light of the fact that we are coming out of very strong last three years post-COVID.
Chart Check: Multibagger in making? Technicals suggest NCC value could more than double in next 2-3 quarters
It can be observed that post a strong first leg of the up move from the level of Rs 15.85 to Rs 99.85 (31.30.2020-31.03.2021), this stock witnessed a correction closer to 61.80% of its previous up move at Rs 52.20 level in four back-to-back quarters (30.09.2021 -30.06.2022).
Ashish Kacholia picked 2 new stocks, raised bets on 4 others in December quarter
In the December quarter, Kacholia added two new stocks — Goldiam International and Raghav Productivity Enhancers — to his kitty.
At multi-year highs: L&T among 5 stocks that gave 5-year breakouts
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Infosys among 4 stocks that closed above their 200 DMA
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. >> For more such web stories click on the ET icon below
Hot Stocks: Global brokerages on L&T Finance Holdings, Bank of India, Maruti Suzuki and Tata Motors
Credit Suisse maintained an outperform rating on Bank of India with a target price of Rs 110. Core profitability has improved, and the provisioning remains elevated, it said.
IT stocks busy taking revenge as investors ignore downgrades after Q3 results
A sharp slowdown in net hiring, muted growth outlook in 4Q and a potentially slower conversion of bookings to revenues points to a sharp growth moderation for Indian IT firms. However, falling attrition and ongoing improvement in the employee pyramid should support margin recovery