ETMarkets PMS Talk: Anil Rego explains framework for stocks that could turn multibaggers in 3-5 years
“We have a multibagger framework which we use to identify equities which might turn multi-baggers in a 3-5 year timeline. We use the GARV (Growth at reasonable valuation) style to identify potential multibaggers which again are aligned to sectors of growth. The major effort is in identifying companies with a strong strategic moat.”
Chart Check: 18% rally in a month! This cement stock could retest record highs after breakout from W chart pattern
Short-term traders can look to buy the stock for a possible target of Rs 890 in the next 3-6 months, suggest experts.
Mamaearth to announce Q2 results this Wednesday, stock rallies 7%
“Given a lack of history and our understanding of seasonality, we forecast a 20% YoY growth in 2Q with slight QoQ margin improvement. We do note that ERP implementation in the base has boosted YoY growth in 1QFY24 and 1HFY24 revenue growth should still be c30%,” Jefferies analyst Vivek Maheshwari said.
Tata Tech IPO effect! Tata Investment Corporation shares rally 37% in 2 days
Shares of Tata Investment Corporation (TIC) have been on a winning run in the calendar year 2023 with the counter having doubled investors’ money on a year-to-date basis. The recent surge in the stock follows a value-unlocking exercise by Tata Motors in its subsidiary Tata Technologies through a Rs 3,000-crore IPO which opens on November […]
Hot Stocks: Brokerages view on Indian Hotels, Honasa Consumer, NMDC and Paytm
Citi also maintained a buy rating on NMDC and BofA Securities recommended a buy on Paytm.
Stocks in news: SBI Cards, Adani Power, L&T, Vedanta, Tech Mahindra, Bank of Baroda
Two promoter group entities in Adani Power Ltd acquired 2% additional stake in the company in a staggered manner since September through the open market. Following this, the cumulative shareholding of promoters has increased to 71.14%.
F&O stocks to buy today: M&M, HUL among top 10 trading ideas
India VIX was up by 1.55% from 11.64 to 11.83 levels on Friday. Volatility was slightly higher but overall bulls were holding the grip at support zones.
Big Movers on D-Street: What should investors do with SBI Cards, Nykaa, RVNL?
The weakness on Friday was largely due to the selling pressure in the banking and financial services sector following the Reserve Bank of India’s move to tighten rules on unsecured consumer loans.
Tata Tech on the road to future of auto can be a good long-term bet
The shares in the IPO are offered by promoter Tata Motors, whose holding will drop to 55% after the IPO from 66% and two other investors who will garner nearly ₹728 crore from selling their stakes.
IREDA’s IPO offers a renewable play on climate needs, so does a crowd of peers
With a loan book size of Rs 47,515 crore, IREDA lends to the sole sector of renewable energy in India thereby making it the country’s largest pure-play green energy financer. It has significantly improved asset quality over the past three years. The lender operates in a high-growth sector given the government’s thrust on green energy. […]