Tata Motors Q1 Preview: PAT may jump 48% YoY; JLR to put up a decent show
Tata Motors Q1 Expectations Preview: Analysts expect JLR volumes (excluding China JV) to increase by 9% YoY led by strong growth in Range Rover, Range Rover Sport and Defender model volumes. Overall, revenues (ex China JV) to increase by 6% YoY in 1QFY25.
Technical Breakout Stocks: How to trade Torrent Power, Suven Pharma and Granules India on Thursday
Indian markets ended higher for the fourth consecutive day, buoyed by positive global signals. Sector-wise, there was buying interest in healthcare, metal, power, and utilities, while energy and real estate stocks experienced selling pressure.
Derivative death trap? 78 lakh F&O traders lost Rs 52,000 crore in FY24, shows Sebi data
Two decades ago, Warren Buffett had warned that derivatives are nothing but time bombs, both for the parties that deal in them and the economic system. And now Sebi data has proved the ‘God of stocks’ right once again.
Tata Steel Q1 Results: Cons PAT jumps 51% YoY to Rs 960 crore, misses estimates
Tata Steel Q1 Results: Profit, while up 51% year-on-year to ₹960 crore, fell short of Street forecasts of ₹994 crore. Revenue also took a hit, declining 8% to ₹54,771 crore. In a separate development, the board greenlit a ₹35 crore infusion into Tata Power Renewable Energy’s subsidiary, TP Parivart, acquiring a 26% equity stake.
FirstCry IPO to open on August 6 to raise Rs 1,666 crore
The IPO of Brainbees Solution, known for its kidswear brand FirstCry, will open on August 6. It comprises a fresh issue of Rs 1,666 crore and an OFS of up to 5.4 crore shares. The anchor investor round will commence on August 5, a day before the IPO. The price band will be announced later […]
Mankind Pharma Q1 Results: Profit rises 10% YoY to Rs 543 crore
Revenue from operations in the same period rose 12% year-on-year to Rs 2,893 crore. The same stood at Rs 2,579 crore in the previous year period.
4 top stock recommendations from CA Rudramurthy BV
You have to cut down on this expiry what you have on a daily basis and the whole objective here is to reduce leverage by making expiry every day you are giving that intraday leverage and making people trade more.
Q1 results today: Maruti, M&M among 115 companies to announce earnings on Wednesday
Q1 results today: In the first quarter earnings season, 115 companies announced results, including Maruti, M&M, Coal India, Adani Power, Tata Steel, Ambuja, and Bank of Baroda. M&M and Maruti expected mixed revenue and profit changes, while Tata Steel’s profit was predicted to rise notably amid a revenue drop. Several others also reported their quarterly […]
Infra, construction sector continue to remain attractive for long term: Sudip Bandyopadhyay
There are two things happening. One is, the banks which were very efficient, their asset quality improvement cycle is over and we will not probably see further asset quality improvement for these efficient frontline banks.Now, asset quality improvement is coming in banks which were laggard erstwhile. Let us say PNB, there is an asset quality […]
Government plans 12 new industrial parks and multiple mega textile parks: Piyush Goyal
Commerce Minister Piyush Goyal revealed plans for 12 new industrial parks and mega textile parks, urging private sector participation. Highlighting notable economic progress, he spoke on reducing compliance issues and emphasizing youth and skill development. Minister Jayant Chaudhary echoed a focus on forward-thinking initiatives in the Union Budget for entrepreneurship and education.