TVS Motors among 4 stocks to buy on Valentine’s Day
TVS Motors is currently trading at Rs 1,069 and is trending upward while maintaining trendline support. For the past five months, TVS has seen good price and time consolidation and is currently fluctuating between Rs 975 and 1175, the brokerage said, adding that the stock can be bought around Rs 1,069 zone and adding till […]
Chart Check: This gems & jewellery multibagger hits fresh record high post range breakout
Most of the oscillatory suggest a possible uptrend. Hence, short-term traders can look to buy the stock now or on dips towards Rs 977-1,075, they say. Supertrend indicators also triggered a buy in October on the weekly charts.
Adani Enterprises Q3 Results: Firm posts Rs 820 crore profit vs Rs 12 crore loss YoY
“The current market volatility is temporary; and as a classical incubator with a vision of long-term value creation, AEL will continue to work with the twin objectives of moderate leverage and looking at strategic opportunities to expand and grow,” Chairman Gautam Adani said.
Top pick in OEM space! M&M can rally up to 25%, says Nomura
M&M’s tractor division growth outpaced the industry at ~15% year-year (YoY) in 3QFY23. Its market share improved sequentially to ~41% in 3QFY23, compared with ~40.1% in 2QFY23. Nomura expects M&M’s tractor division’s growth to be higher than the overall industry, as it factors in a higher market share.
We will drive our revenue up in high teens in coming quarters: Manu Talwar, Mrs Bectors Food
As I said just before that first objective or first target of the company is to consistently deliver this 14% over next few quarters and then obviously we will make a journey from 14% to 15%. But yes, the first target is to consistently deliver around 14% of EBITDA.
It is going to take a lot to kill inflation this time: Jim Rogers
Well, I get the impression just from reading the press that China has been very restrictive internally for a while but it seems to me that something is changing and that China is now trying to be more open to the outside world.
Hot Stocks: Brokerage views on Nykaa, Metropolis Healthcare, Gujarat Gas, Medanta and Zee Entertainment
Full business normalization is still a few quarters away. The global investment bank slashed FY23-25E EPS estimates by 7% to factor in a relatively slower topline growth and management commentary on the call.
Nykaa shares drop 5% on weak Q3 print. Should you buy, sell or hold?
Given the recent volatility in the stock, we again bake in a higher cost of capital assumption, which yields a target price of Rs 195 (Rs 251 earlier); maintain ‘BUY’. At CMP, Nykaa is trading at FY25E EV/sales of 5x. The confluence of both growth and profitability would be critical for valuations to improve. Besides, […]
Death Crossovers: These 4 stocks signal further bearishness
In the NSE list of stocks, four stocks with a market cap of over Rs 1000 crore have been witnessing Death Crossovers. >> For more such web stories click on the ET icon below
ETMarkets Fund Manager Talk: 2023 will be year of ‘Return of Yield’ as dynamics favour debt mkt: Yogesh Kalwani, InCred Wealth
Investors can now get 8-8.5% yield from high quality companies. Investors should look to capture better yields offered by companies to improve fixed income portfolio returns.