Budget brings relief to consumers, but investors cautious on long-term growth: Sunil Singhania
The budget continues the trend of fiscal prudence with a focus on reducing fiscal deficits over the next six years. While there is a short-term boost to consumer relief, there is a slight reduction in capital expenditure, impacting market sentiment towards capex stocks.
Capital markets poised for long-term bull run: Nilesh Shah
Nilesh Shah, MD & CEO of Envision Capital, highlights the budget’s focus on consumption with tax cuts raising exemption limits. This measure is expected to boost the middle class and lower the fiscal deficit, indirectly enhancing capital expenditure by reducing the cost of capital and fostering investment.
Budget 2025: Real estate stocks rally up to 9% after rent TDS threshold raised to Rs 6 lakh
The Union Budget 2025 has raised the TDS threshold on rent beyond Rs 2.4 lakh, reducing the tax burden for landlords and tenants while simplifying rental transactions. This change is expected to benefit the real estate sector. Following the announcement, Prestige Estates surged 9.3% to Rs 1,489.95, while Sobha rose 4.6% to Rs 1,385 on […]
Budget 2025 stocks: Shipping Corporation, Mazagon Dock jump up to 6% after FM announces sector revamp
The government unveiled a major overhaul of its financial assistance policy, launching a Rs 25,000 crore Maritime Development Fund. It will contribute 49% to the fund, aiming to boost India’s shipbuilding sector’s competitiveness and capacity. This initiative is set to strengthen maritime infrastructure, drive growth, and position India as a key player in global shipbuilding.
Suzlon Energy shares rally over 21% in 4 consecutive sessions after Q3 results. What analysts say
Suzlon Energy Share Price: Suzlon achieved an impressive 90% YoY rise in net profit, reaching Rs 386.92 crore for the quarter ending December 31, 2024. Revenue from operations grew by 91% YoY to Rs 2,968.81 crore, compared to Rs 1,552.91 crore in the same quarter last year. Total income also soared by 91% YoY to […]
Lay out something big for the next 3-4 years & show respect to market: Samir Arora
Samir Arora, Founder of Helios Capital, suggests that the current Budget could be significant since it is the first full one of the government’s term. He advises holding small and midcap stocks despite recent market struggles and maintains a bullish outlook on the market, emphasizing that significant corrections are unlikely given current conditions.
Vishal Mega Mart shares surge nearly 3% after Q3 net profit surges 28% YoY
Vishal Mega Mart’s shares rose by 2.6% after reporting a 28% YoY increase in net profit to Rs 262.7 crore in Q3 FY25. The company’s revenue from operations also grew by 19.5% to Rs 3,136 crore. Vishal Mega Mart operates 668 stores across 432 cities with a loyal consumer base of approximately 141 million.
Inox Wind shares rally 12% as Q3 profit surges multifold amid strong order book and expansion plans
Inox Wind shares surged 12% to Rs 188.45 after posting a multifold jump in Q3 net profit to Rs 112 crore. Revenue nearly doubled to Rs 994 crore. The company plans to expand operations, with Nuvama maintaining a ‘buy’ rating and a target price of Rs 223.
Prestige Estates shares rally 9% as Jefferies upgrades stock to buy, raises target price to Rs 1,600
Prestige Estates surged 9.3% to Rs 1,489.95 after Jefferies upgraded it to ‘buy’ with a Rs 1,600 target. The brokerage cited upcoming launches worth Rs 300 billion and strong leasing growth. Despite a weak Q3, Prestige expects pre-sales recovery, boosting long-term prospects.
Porinju Veliyath highlights Ixigo, Protean and Indegene as strong long-term investment picks
I do not think budget is going to make any sea change to the situation. Budget, I do not think people are having much expectation.