We expect reasonable returns from banks over 12 to 15 months: Sameer Bhise
In fact, if you see last year, the whole narrative was interest rates were on the rise and to that extent there was a natural inclination to play banks which worked out beautifully towards the end of the last year.
Two multibagger defence stocks jump over 40% in last 3 days. Here’s why
In its Q1 FY24 results, GRSE reported its best-ever net profit of Rs 77 crore. The firm saw a 54% rise in net profit as compared to the Rs 50 crore it reported in the year-ago period. Meanwhile, its total income stood at Rs 827 crore in the first quarter of the current fiscal, 33% […]
ETMarkets Smart Talk- Multibagger stories are likely to emerge from Atmanirbhar theme such as defence, capital goods & infra: Santosh Pandey
Market generally does not move in one secular direction. There would be bouts of strong up moves and sometimes sharp down moves along with consolidations.
ETMarkets Fund Manager Talk: Counter-cyclical style of investing helped this PMS give multibagger returns in 3 years
Though valuations are nowhere as cheap as they were till a few months back, there are still pockets of undervaluation. However, we are cautious on markets.
ETMarkets Management Talk | Margins may improve from Q3: Cigniti Tech CEO Srikanth Chakkilam
Nevertheless, during these challenging times, we are cautiously optimistic. Our capacity to adapt to the changes and maintain agility has been symbolic in our journey, and we intend to continue delivering the same.
Hot Stocks: Brokerages on NTPC, Gabriel India, Kajaria Ceramics and Berger Paints
Bernstein has maintained an outperform rating on NTPC with a target price of Rs 274. Choice Broking has retained an outperform rating on Gabriel India with a target price of Rs 263. Geojit has recommended an accumulate rating on Kajaria Ceramics with a target of Rs 1610 and a buy rating on Berger Paints with […]
RBI likely sold dollars to keep rupee from record low: Traders
The rupee was quoted at 83.0250 to the U.S. dollar, down about 0.1% from the previous session. On the interbank order matching system, before the normal OTC opening time of 9.00 a.m., the rupee had dropped to 83.16. The RBI likely sold dollars to pull the rupee back near the 83 level.
At multi-year highs: L&T & 3 other stocks witness 5-year swing high breakout
Profit jumps, revenue crawls for India Inc in Q1
India Inc’s revenue growth in Q2 has been the weakest in nine quarters, rising by 6.2%, according to a sample of 3,901 companies. Net profit on the other hand rose by 39%, the highest in six quarters, helped by easing input costs. The banking, financial services, and insurance (BFSI) sector supported aggregate earnings. Excluding banking […]
NSE asks for data to track F&O traders’ locations during pandemic
The member brokers have been directed to share the know-your-customer (KYC) details and ledgers of their clients, ID of devices used to put the trade orders, IP addresses as well as the media access control (or MAC) addresses which is an unique identifier for every laptop and mobile handset manufactured, two people aware of the […]