Bikaji Foods shares surge 10% post Q2 results, profit after tax up by 14.7%
Bikaji Foods shares rose 10% after Q2 results showed 18.5% revenue growth and 15% profit increase, driven by strong demand in ethnic snacks and packaged sweets during the festive season.
Godrej Consumer Products shares surge 5% on reporting 13% YoY Q2 PAT growth. Should you invest?
Godrej Consumer Products shares rose 5% after a 13% net profit increase to Rs 491.31 crore. Analysts maintain buy ratings, with target prices ranging from Rs 1,450 to Rs 1,600.
Godavari Biorefineries IPO subscribed 66% on Day 3 so far, GMP down to 4%. Check details
Godavari Biorefineries’ IPO sees muted demand, with 66% subscription. Retail investors lead at 1.17 times, while analysts express caution due to significant debt and high valuations.
IREDA, RVNL among 12 midcap multibaggers since last Diwali. 10 gems for next Samvat
Analysts suggest a cautiously optimistic approach for Indian equities amid current market corrections. Top stock picks from Fisdom Research include HCL Technologies, IndusInd Bank, Max Healthcare Institute, Kalyan Jewellers, and Crompton Greaves Consumer Electricals, each with considerable growth potential and key technical and fundamental triggers.
Fund Manager Talk | How Bajaj Finserv AMC’s Sorbh Gupta is tweaking portfolio for Samvat 2081
Over the last three years, the drivers of domestic demand have been urban consumption and premiumisation. This is changing. From here on, domestic demand – will be driven by a recovery in rural demand and a pickup in mass consumption. A good monsoon and a bumper kharif harvest are expected to improve farm incomes. Furthermore, […]
Paytm shares rally nearly 11% in a week. Is the worst behind?
Paytm shares rise nearly 11% in one week after securing NPCI approval for onboarding new UPI users and reporting a net profit of Rs 928.3 crore for Q2 FY2024, bolstered by a one-time gain from selling its entertainment ticketing business. Analysts highlight significant business and profitability improvements.
ITC shares jump over 1% after Q2 earnings. Here’s what analysts say
Shares of FMCG major ITC surged 4% to a day’s high of Rs 490 on the BSE on Friday, following the company’s announcement of a nearly 16% increase in revenue to Rs 22,282 crore for the quarter ended September 2024. While net profit rose marginally to Rs 4,993 crore—up 2%—it fell short of Street estimates […]
ETMarkets Smart Talk: Axis Bank, Zomato among top 8 picks for Samvat 2081, recommends Shrikant Chouhan
In the near term, the markets may remain volatile amid geo-political conflict, upcoming US Presidential elections and Q2FY25 result season.
Positive Breakout: These 5 stocks close cross above their 200 DMAs
In the Nifty200 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 24, 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 […]
Big movers on D-Street: What should investors do with ITC, ACC and Adani Wilmar?
Benchmark indices Sensex and Nifty extend losses for the fourth consecutive day amid disappointing earnings and continuous FII outflows. Key stocks in focus include ITC, which has broken crucial support levels; ACC, nearing critical support after disappointing earnings; and Adani Wilmar, showing positive momentum post-Q2 earnings.