Unique Picks: These 10 stocks held by only one MF scheme surge 50-150% YTD
ETMarkets analysis of mutual funds focuses on stocks exclusively held by a single scheme. Initially, the list contained 176 stocks in June.
Piramal Pharma’s Rs 1,050-cr rights issue gets Sebi’s nod
Going by the draft papers, Piramal Pharma will issue fully paid-up equity shares of the company by way of a rights issue to its existing eligible shareholders for an amount aggregating up to Rs 1,050 crore.
GQG Partners doubles down on Adani Enterprises; stock price zooms 35% in 3 months
Foreign institutional investors (FIIs) are increasing their stakes in Adani Enterprises, the flagship company of the Adani Group, for the second consecutive quarter. FIIs now hold a cumulative stake of 19.34% in the company, up from 17.75% in the previous quarter. The increase follows further investments made by GQG Partners in the last quarter
ICICI Pru Life Q1 Results: Net profit rises 33% YoY to Rs 207 crore
Net premium income during the first quarter rose by a marginal 2% year-on-year (YoY) to Rs 7,020 crore. It was Rs 6,884 crore in the corresponding quarter of last year.
Dalal Street’s newest stock broker wants to be India’s first zero-glitch app
The latest entrant in the space is JM Financial-owned fintech platform BlinkX. Led by IIT-IIM alumnus Gagan Singla, BlinkX is building four mobile applications offering a range of financial services, including digital broking, lending, wealth management, and investment advisory.
Handsome payouts! Vedanta, ITC among 10 largecaps with dividend yields of up to 31%
Largecap stocks that pay high and frequent dividends reward investors with consistent payouts. They also come with less volatility compared with small and midcaps.
Eye on Q1 earnings: 3 factors that will dominate price action as Sensex hits record highs
A combination of strong macros, stable micros, and a sharp recovery in FII flows post-Mar ’23 has driven the ascent. Valuations today are relatively more reasonable than the Oct’21 peak of the Nifty50.
Chart Check: After 20% rally in 3 months, range breakout on upside could propel this defense stock to new highs
The stock rose from Rs 100 as on 13th April 2023 to Rs 127 recorded on 14th July 2023 which translates into an upside of about 27%. The momentum helped the stock to hit a record high of Rs 128.80 on 13th July.
Should you lap up HDFC Bank shares after solid Q1 earnings show?
HDFC Bank reported a 30% year-on-year (YoY) growth in net profit for the quarter ended June to Rs 11,952 crore, which was higher than an ET NOW poll estimate of Rs 11,000 crore. The total income for the quarter increased by 39% YoY to Rs 57,817 crore. This is the first earnings of the bank […]
Positive Breakout: ZEE, Voda Idea & 5 other stocks crossed above their 200 DMAs
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 on the daily time frame, it is generally considered to be an overall uptrend.