Ambuja Cements Q3 Preview: PAT, revenue may decline YoY as volume remains key factor
Ambuja Cements Q3 preview: Ambuja Cements (ACL), an Adani Group company, is projected to report mixed Q3FY25 performance, with revenues estimated at ₹8,022–₹9,076 crore. PAT could decline 6.2%-32% YoY, while volumes are expected to rise.
Dr Agarwal’s Health Care IPO opens tomorrow. GMP, price band among 10 things to know
Dr Agarwal’s Health Care IPO, opening Wednesday, aims to raise ₹3,027 crore. Offering advanced eye care services, the company plans to utilize funds for debt repayment, acquisitions, and corporate purposes. The price band is ₹382-₹402.
JSW Energy Q3 Results: Net profit drops 32% to Rs 157 crore; company to raise Rs 3,000 cr via bonds
Sajjan Jindal-led JSW Energy on Tuesday reported a 32% drop in consolidated profit at Rs 157 crore against Rs 232 Crore in the same period last year.
Bajaj Finance Q3 Preview: NII may grow 22% YoY. NIM, credit cost to be key monitorables
Bajaj Finance Q3 Preview: Nomura has the highest PAT estimates for Bajaj Finance, while MOFSL is the most conservative. AUM growth is expected to reach the high 20s in Q3, fueled by new segments like SME, LAP, and gold loans. The market will closely monitor management’s commentary on the NIM trajectory and credit costs, key […]
Budget 2025: Auto stocks down by up to 40% from 52-week peak. Can these 3 grants by FM Sitharaman turn things around?
Stocks of auto OEMs and component makers have fallen sharply due to FII sell-offs and earnings downgrade expectations. The upcoming Union Budget is anticipated to address industry demands for GST rate simplification, hybrid vehicle GST reduction, and improved PLI schemes. Despite superior 1-year returns, the BSE Auto index has struggled over the past six months.
Tech View: Nifty sell-on-rise trend continues; 23,100 resistance in focus. How to trade on Wednesday
The Nifty index sell-off indicates it’s still a sell-on-rise scenario, with immediate resistance at 23,100 and support at 22,850. Momentum indicators remain below oversold levels, suggesting a potential dead cat bounce. Options data for January expiry shows increased put writing at 23,000 and above, signalling support, according to Praveen Dwarakanath of Hedged.in.
Ray Wang sees DeepSeek driving massive cost reductions and tech disruption
India is in a great position to actually apply AI. And if the power situation gets resolved by having more power plants, you are going to probably need to add about two gigs worth of power to be able to support the data centres.
Suzlon Energy shares near 5% lower circuit ahead of Q3 results
Suzlon Energy shares fell 4.76% on January 28, ahead of the company’s Q3 FY25 results announcement. Despite a strong Q2 performance with a 96% YoY profit increase, the stock has struggled recently, down 24.10% in the past month and 26.54% YTD. Analyst sentiment remains positive, with a consensus ‘buy’ rating on the stock.
Federal Bank shares drop 6% after Q3 profit decline; JPMorgan sticks to Buy, UBS cuts target price
Federal Bank share price dropped 6% after reporting a 5% YoY decline in net profit for Q3 FY25, despite strong operating profit and improved asset quality. The bank’s accelerated provisions and higher provisions impacted profits. Analysts JPMorgan and UBS maintained “Buy” ratings, with revised target prices, noting slower growth but strong operational performance.
Seth R Freeman on DeepSeek, Trump tariffs & other threats to market
Seth R Freeman from GlassRatner Advisory & Capital Group notes the market’s reaction to Trump’s tariff threats and concerns about AI advancements. There is uncertainty about immediate tariffs, particularly with Colombia, raising worries in the commodities market. Freeman highlights the potential impact on tech workers and data centers due to AI developments like DeepSeek.