Escorts Kubota poised for growth amid farm equipment demand surge: Chakri Lokapriya
Second, two-wheeler sales will continue to be strong around 12%, 13%, 14% depending on the company. Bajaj and TVS Motors I think still will continue to be strong. On the other hand passenger vehicles, some amount of inventories are building up clearly and so whether the dealer profitability will go down, does not really affect […]
Tech Mahindra shares zoom 4% after CLSA upgrades stock to outperform, hikes TP to Rs 1,749
Shares of Tech Mahindra surged 4.2% to Rs 1,642.20 on the BSE after CLSA upgraded the stock to ‘outperform’ from ‘hold’ with a target price of Rs 1,749. The upgrade follows recent price correction and early signs of EBIT margin improvement, despite lackluster order bookings.
Piramal Pharma stock in focus on $80 million expansion plan for Kentucky injectables facility
Piramal Pharma Solutions, is investing $80 million to expand its Lexington facility, doubling capacity by Q1 2027 to meet growing injectables demand, supporting its ADC manufacturing program.
ETMarkets Smart Talk: Financials offer comfort, while discretionary consumption a multi-decade story: Nitin Raheja
However, we do believe in the short-term current valuations mean that investors have to set realistic return expectations or increase their time horizon for returns.
What to do with Policybazaar, Vedanta, IEX and 3 other stocks? Religare Broking’s Ravi Singh decodes
In October, focus on metals, infrastructure, and financial sectors. Hold Ceat, Vedanta, NALCO, Policybazaar, and IEX. Exit Easy Trip.
TCS shares in focus as company’s board to consider 2nd interim dividend on October 10
TCS will hold a board meeting to take a call on this and will also announce its July-September quarter (Q2FY25) earnings on this day.
Positive Breakout: These 4 stocks close cross above their 200 DMA
In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on September 30, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
Fed sees no ‘hurry’ to cut rates as confidence in economy grows, Powell says
Federal Reserve Chair Jerome Powell said that the central bank will likely continue with quarter-percentage-point interest rate cuts and is not in a hurry to cut rates quickly. Powell emphasized confidence in ongoing economic growth and consumer spending. The Fed aims to maintain low unemployment and manage inflation towards its 2% target.
At multi-year highs: These 4 stocks witness 5-year swing high breakout
In the Nifty500 pack, we have collated a list of four stocks that witnessed a 5-year swing high at the close on September 30, suggesting bullishness in counters, according to stockedge.com’s technical scan data.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant […]
Sebi OKs faster rights issues, new asset class
This was Sebi’s first board gathering after the emergence of conflict-of-interest allegations directed at the regulator’s chair, Madhabi Puri Buch. Sebi’s press statement issued late evening remained silent on allegations against Buch and HR issues raised by its employees.