SBFC Finance shares list at healthy premium. What should investors do?
SBFC Finance stands out as a rapidly expanding non-banking financial company (NBFC) with robust earnings growth and stable asset quality, said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart.
ITC stock: Can Q1 results take share price beyond Rs 500 zone?
ITC shares gained 1.5% to hit the day’s high of Rs 456 on the NSE and were top gainers in the Nifty pack despite a negative trade by the frontline indices Nifty50 and BSE Sensex which were down 0.5% in the opening trade.
Religare Enterprises jumps 10% to 52-week high on reports of Burman family increasing stake
The Burman family, which owns a controlling stake in FMCG major Dabur, already owns more than 14% stake in Religare Enterprises through various entities. The news was reported by ETNow.
SBI pips RIL as D-St’s most profitable company in Q1. Full list here
During the June quarter, State Bank of India (SBI) defeated India’s most valuable company Reliance Industries (RIL) to emerge as the most profitable firm in Q1.
Here’s why Vinod Karki is bullish on the auto sector
The market is speculating on long-term growth prospects because the multiple that we apply is on the short term, the next year or the year after that the multiple comes up on that number.
Chart Check: After hitting record high this month, Ashok Leyland displays strength in weak market
The commercial vehicle maker hit a record high of Rs 191 on 11th August 2023 but witnessed some profit-taking on Monday, 14th August. The stock has been making higher highs and higher low formation for the past 5 months.
Divi’s Labs shares drop 2% on brokerage downgrades post Q1 result. Should you buy, sell or hold?
Divi’s Laboratories on Monday saw a 49% year-on-year (YoY) fall in its consolidated net profit at Rs 356 crore for the quarter ended June 2023. The profit was below the ET Now poll estimate of Rs 407 crore. It was Rs 702 crore in the year-ago quarter. Revenue from operations during the first quarter dropped […]
Hot Stocks: Brokerage view on CG Consumer, Indiabulls Housing, PVR Inox and ITC
The downgrade was largely on account of the 1Q margins miss. Going forward, investments are likely to drive growth that will likely keep margins low. Valuations are in a fair value zone.
Two multibagger railways stocks jump up to 5% as govt plans PLI scheme for train parts
The government is planning to introduce a production-linked incentive (PLI) scheme for train component makers as part of its efforts to attract foreign manufacturing firms and reduce dependence on imports, people aware of the matter said.
ETMarkets Smart Talk- Equities likely to continue providing best after tax returns in the medium term for Indian investors: Kunal Vora
The US downgrade has not had any meaningful impact on bond yields in India and despite the initial nervousness, we do not expect it to have any long-term impact on Indian equities.