According to Dr. Poonam Tandon, Chief Investment Officer of IndiaFirst Life Insurance Company, fixed income instruments are a series of cash flows. They carry a fixed rate of return and maturity period. Fixed-income securities are issued by both government and private companies. They can be short or long-term. Those maturing before 365 days are known […]
Agilus was earlier called SRL Diagnostics, which was rebranded in May this year. Fortis Healthcare on Friday reported a 9% year-on-year (YoY) drop in net profit to Rs 122.5 crore in Q1FY24
Insurance companies feared they would breach investment limits prescribed for the financial sector after the merger if bonds of HDFC were classified under that segment.
Tech View: Sell-on-rally mode till 19,660 gets taken out decisively. What traders should do next week
The hourly momentum indicator has also reached the equilibrium line indicating that the pullback has matured and can begin a new cycle on the downside, said Nagaraj Shetti of HDFC Securities.
Hong Kong-based CLSA too maintained a ‘Buy’ stance on the counter, arguing for a favorable risk-to-reward ratio. The stock jumped nearly 2% on the NSE to attain its day’s high of Rs 482.
Analysts believe that the impressive rally in the secondary market has helped boost sentiment of the IPO market. Against a backdrop of global uncertainty and volatility the Indian stock market has come through as domestic indices, BSE Sensex and Nifty50, have jumped 8.76% and 8.55% year-to-date (YTD), respectively.
“We expect a revenue CAGR of 11% over FY23–25E driven by new products and network expansion. Recent launches such as Hunter 350cc and Meteor 650cc along with the upcoming line-up have the potential to rev up growth in the face of higher competitive intensity,” Nuvama said.
So, we are suggesting for exporters they should be looking to hedge for short-term but for importers they could be looking at a medium-term perspective.
Chart Check: Breakout from 2-year consolidation phase could take Bharat Forge to fresh record highs; time to buy?
The stock witnessed mild selling pressure, which was in line with the trend seen in broader markets but managed to hold on to Rs 900 levels. The stock closed at Rs 905 on 2nd August 2023.
According to StockEdge data, here’s a list of 10 smallcap stocks wherein FIIs raised their stake in Q1