Hot Stocks: Brokerage view on Bajaj Finance, Can Fin Homes, Tata Motors and Kotak Bank
The spread compression remained modest. Profitability remains strong and the return on equity (ROE) is of 22%+ even post-capital raising, it added.
FMCG Q2 Preview: HUL, ITC, others may see moderate topline growth, but profitability to improve
Godrej Consumer Products said that its consolidated sales are likely to see low single-digit growth, with volume growth as well in mid-single digits because of “weak macros and adverse weather conditions”.
Stock to buy today: CESC, IGL among top 8 trading ideas
India VIX was down by 3.39% from 11.07 to 10.69 levels on Tuesday. Volatility slightly cooled down but hovered in the previous day’s range and lacked momentum in the market.
Big movers on D-Street: What should investors do with HCL Tech, HDFC Life and Trident?
Stocks that were in focus included names like HCL Tech, which rose 0.48%, Delta Corp, which gained 1.74%, and Trident, whose shares dropped 2.56% on Tuesday.
Golden Crossovers: Deepak Fertilisers among 3 stocks signaling further bullishness
Adani-Hindenburg case: Sebi asks OCCRP for documents
OCCRP, which has cited these documents in its recent report on the Ahmedabad-based conglomerate, has refused to provide them to Sebi. OCCRP is a network of investigative reporters backed by the likes of the US Department of State, Rockefeller Brothers Fund, Ford Foundation and George Soros.
Speciality chemical companies face a tough quarter on weak demand
Stocks such as Aarti Industries, Atul, Fine Organic Industries, Sumitomo Chemical, and Vinati Organics have fallen 10-20% so far this year compared with a 9.5% gain in the Nifty index.
RBI may opt to roll over $5 billion forex swap
The Reserve Bank of India (RBI) is considering rolling over a $5 billion foreign exchange swap set to mature next week in order to prioritize liquidity management over bolstering forex reserves. Some investors believe that allowing the swap to mature could lead to an inflow of around ₹40,000 crore in the banking system, but others […]
Some proxy firms oppose RIL’s move to give a board seat to Anant Ambani
While IiAS has cited Ambani’s age – 28 years – as a reason for its opposition on the ground that it does not align with its voting guidelines, ISS, according to Bloomberg, cited his limited leadership or board experience of six years as a reason for its recommendation.
SIP accounts see record 3.7 million additions in September
Over the past three months, the average monthly gross SIP registration was 3.5 million compared with the previous 24-month average of 2.2 million reflecting the rapid pace of SIP additions.