Patanjali Q3 Results: PAT rises 15% YoY to Rs 269 crore, but profitability hit by costs
Operating profit, calculated as earnings before interest and tax, depreciation and amortization (EBITDA), declined 12.4% on-year to Rs 368 crore, while margin contracted a sharp 205 basis points to 4.64%
After 12 quarters, FIIs make a comeback in this IT stock; what’s changed the mood?
While announcing its September quarter earnings, HCL Tech had raised the constant currency revenue growth guidance to 13.5-14.5% for FY23. But 2 months later, it said that growth is likely to be at the lower end of this range.
IHC, ADIA among bidders for Adani’s $2.5 billion share sale
Mubadala Investment Co PJSC, BNP Paribas SA have also bid, the people said, asking not to be identified as the details aren’t public. The so-called anchor book for Adani Enterprises Ltd. was oversubscribed by 1.8-2 times, the people added.
Most of earning growth recovery will be seen in Q4: Abneesh Roy
See, ultimately, it is all about content. So if content is good, after the initial first three days which is looking very good, I think then it will boil down to content.
Maruti Suzuki profit doubles in Q3: Should you buy, sell or hold the stock?
The domestic brokerage has maintained a sell rating on the stock with an increased fair value of Rs 7,850. It said the margin trajectory is likely to lag expectations, led by growth moderation in the entry-level segment, which will increase discounts, and unfavorable forex and uptick in base metal prices.
Chart Check: After 30% in a month, should investors buy, sell or hold this smallcap stock?
The recent price action helped the stock the breakout from a Pennant formation on the weekly charts. Pennant is similar to a symmetrical triangle but with few differences.
We are confident of keeping the credit costs below 6%: Rama Mohan Rao Amara, SBI Card
One is by constantly increasing the share of EMI loans which can actually improve the overall interest income. Second thing is transmitting the increase in the cost of funds increasingly in terms of new loan disbursals.
Hot Stocks: Brokerages on Maruti Suzuki, TVS Motors, Pidilite Industries post Q3 results
Morgan Stanley maintained an overweight rating on Maruti Suzuki post December quarter results with a target of Rs 10,483.
Stocks to buy today: 6 short-term trading ideas by experts for 25 January 2023
India VIX was down by 0.28% from 14.08 to 13.40 levels on Tuesday. Volatility has been hovering at lower levels from the last nine weeks and supporting the bulls to hold the overall command.
ETMarkets Smart Talk: Value stocks would outperform growth stocks in 2023: Aniruddha Sarkar
Considering that crucial index levels have been held so far and India’s VIX is quite low levels, it gives some comfort that chances of some pre-budget rally are quite high.