Hot Stocks: Brokerages on LIC Housing, Bharti Airtel, IOC, Bank of Baroda and PVR
Brokerage firms CLSA, Jefferies, and Morgan Stanley have issued their latest ratings on LIC Housing Finance, Bank of Baroda, PVR, Indian Oil Corporation (IOC), and Bharti Airtel. CLSA has maintained a buy rating on LIC Housing Finance, Bank of Baroda, and PVR, with target prices of Rs 550, Rs 225, and Rs 2015, respectively. Jefferies […]
3 stocks Hemang Jani is bullish on from defence sector
Yes, so Bharti numbers we feel were quite okay. The revenue growth was in line, barely about 1% growth but the big concern that we see is that there is a significant decline in the free cash flow almost about 7 billion from 48 billion that they reported three to four quarters back
Bank of Baroda shares rise on strong Q4 earnings. What should you do now?
Bank of Baroda’s shares increased after reporting strong Q4 earnings, with CLSA, Kotak Institutional Equities, and Motilal Oswal rating the lender as a ‘Buy’. Meanwhile, Macquarie stood neutral after the Q4 report. The net interest income for the quarter rose by 33.8% to Rs 11,525 crore, with a YoY growth of 26.8% at Rs 41,355 […]
Q4 results today: What’s in store for Jubilant Foodworks & Devyani International
Jubilant Foodworks is expected to report a more than 50% decline in net profit at INR54.7 crore for Q4 2022, with sales rising by a meagre INR1,175 crore. Reports forecast a 9-10% like-for-like decline across QSR brands, while Kotak Institutional Equities predicts a 12-13% decline in average revenue per store due to store splits and […]
Should you buy, sell or hold Bharti Airtel after Q4 earnings?
Brokerages have retained their bullish stance on Bharti Airtel after the telecom operator reported almost in-line Q4FY23 earnings. Consolidated net profit rose by 50% YoY, helped by strong 4G user additions and higher data and voice services consumption. Jefferies, Morgan Stanley, Credit Suisse and Prabhudas Lilladher all maintained “Buy” or “Overweight” recommendations on the counter, […]
Stocks to buy today: 8 short term trading ideas by experts
On Wednesday, the Indian market is expected to consolidate as per market pundits. The Sensex fell over 400 points and the Nifty50 closed below 18300 levels on Tuesday, and the India VIX rose 0.93% from 13.17 to 13.29 levels. The options data suggests a broader trading range in the 18000 to 18600 zone while an […]
Positive Breakout: Trident among 8 stocks that rose above their 200 DMAs
In the Nifty500 pack, eight stocks’ prices crossed above their 200 DMA (Daily Moving Averages) on May 16, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA […]
ETMarkets Smart Talk: Unlike 2021 and 2022, India equity valuations no longer look expensive: Mohit Ralhan
The US Fed has signalled a pause while it waits for the impact of the policy rate hikes taken till now to percolate through the real economy. The labour market in the USA remains very tight and this is one critical area in which the US Fed expects to cool off.
Big Movers on D-St: What should investors do with PVR, HUDCO and Aurobindo Pharma?
Indian market closed in the red on Tuesday after a 2-day winning streak, following mixed global cues. The S&P BSE Sensex fell by over 400 points, while the Nifty50 closed above 18200. Buying was seen in public sector, power, and capital goods stocks, while auto, healthcare, banks, and FMCG names experienced selling. PVR Inox fell […]
Refrain from looking at shorter slices of market performance: Vinay Paharia
I think clearly there are the organised companies and organised hospitals are offering superior quality services, and they are able to charge a premium for that which is visible in their superior returns on equity and hence, I think that is the reason why we are fairly positive on this particular micro segment within the […]