What to expect from Nestle, Tata Consumer & Britannia earnings next week? Sudip Bandyopadhyay answers
Sudip Bandyopadhyay, Group Chairman of Inditrade Capital, advises caution in the oil and gas sector due to investments in energy transition and upcoming elections. He highlights the attractively valued oil marketing companies compared to other PSUs but warns of potential challenges in earnings and handling volatile oil prices.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 32%
After a short rational correction, bulls were once again seen on every corner of the street. While being bullish, it is extremely important not to forget the fact valuations are high and everything seems to be priced to perfection. In such conditions, for investors who are looking to increase their exposure to stocks, it would […]
SBI Q3 results: PAT down 35% at Rs 9,164 crore
The bank earned Rs 105,733.78 crore in interest income in the reported quarter which was up 22% from Rs 86,616.04 crore reported by SBI in the year ago period.
Confident and calculated: Interim Budget 2024-25 strikes a smart balance
The unexpected Fiscal Deficit target for FY25, set at 5.1% of the GDP, pleasantly surprised the market, which had anticipated a higher figure. Keeping such an aggressive target has several positive implications for the market.
Demand worries continue to put pressure on silver prices
Earlier, many investors considered silver as a store of value and a hedge against inflation. Demand for silver coins, bars, and ETFs is generally higher when the global economy faces uncertainty.
IPO calendar: Rashi Peripherals, Park Hotels among 5 issues to raise about Rs 2,700 cr next week
Four mainboard IPOs along with one SME issue are set to be launched next week to raise as much as Rs 2,700 crore via the primary market. The mainboard offers include Park Hotels, Jana SFB, Capital SFB, and Rashi Peripherals. The lone SME issue is Alex Solar. Additionally, 25 draft offer documents are under process […]
Signature Global posts Rs 2.17 crore net profit in December quarter
Total income rose to Rs 301.75 crore in the third quarter of this fiscal from Rs 191.78 crore in the corresponding period of the previous year, according to a regulatory filing on Friday.
Park Hotels IPO: Company raises Rs 409 crore via anchor allotment
Apeejay Surrendra Park Hotels has raised over Rs 409 crore ahead of its IPO. The company’s board of Directors have allotted over 2.64 crore equity shares to 37 anchor investors, including domestic mutual funds. The highest allocation has been made to Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund. The Rs 920 crore […]
HDFC Bank, ICICI Bank and others to float residential mortgage-backed securities company
The banks have also stated that the newly formed company will have ten banks and financial institutions as its shareholders. They have not named other shareholders of the proposed company.
NBCC shares jump 47% in 1 week. Rupak De says stock headed towards Rs 200
Confirmation of a bullish trend resumption would only occur with a decisive breakout above the double top, which is currently identified around 22,125. Conversely, a break below the support level at 21,500 could indicate a bearish momentum.