Vedanta Q3 results today: Is Dalal Street eyeing for something beyond earnings?

Vedanta Ltd is set to release its earnings today, with focus on its ability to meet debt obligations. The mining conglomerate is expected to report consolidated revenue of Rs 33,676-35,477 crore and a net profit between Rs 974 crore and Rs 1,589 crore. Operating profit is projected to be in the range of Rs 6,667 […]

Tata Tech Q3 results today: What will be the key watch outs for Dalal Street?

Tata Technologies Ltd is set to release its earnings for the December quarter today, marking its first earnings release since listing last month. The company reported strong earnings for the six months ended September, with consolidated revenue growing 34% YoY to Rs 2,527 crore and net profit growing 36% YoY to Rs 352 crore.

Technical Stock Pick: Ashok Leyland looking weak; time to sell?

Ashok Leyland Ltd, a company in the automobile space, has fallen over 10% from its August 2023 high. Chart patterns suggest further weakness. Short-to-medium-term traders can sell the stock for a target around 150 levels in the next 1-2 months. The stock closed at Rs 170.25 on 24 January 2024, down more than 10%. Short-term […]

3 Adani stocks prove invincible after 1 year of Hindenburg attack

A year after the explosive Hindenburg report on Adani stocks, the controversy continues as Sebi is investigating violations of minimum public shareholding norms. The Supreme Court has directed Sebi to complete the investigation within 3 months. Adani stocks have partially recovered, but there is still a Rs 4.67 lakh crore loss in market capitalization. Adani […]

Railway stocks jump up to 11%; RailTel, Ircon top gainers

Shares of IRFC, RVNL, IRCTC, and other railway stocks rallied up to 11% on Thursday. Among them, RailTel Corporation was the top gainer, with its quarterly profit doubling YoY. IRFC’s market cap crossed Rs 2.25 lakh crore mark as its shares gained nearly 80% in the last one month. RVNL has delivered 300% returns in […]