FMCG and Diagnostic stocks safe bets amid market uncertainty: Dipan Mehta
Also, largely the largecap stocks are reaching that reasonable valuation phase. There is still a lot of overvaluation in some of the midcap pockets, but I think that also will get corrected over time. So, we are not at the sweet spot as yet where valuations are mouthwatering and it is no brainer to go […]
Titan shares tumble over 2% after Q3 PAT falls marginally. What should investors do?
Titan’s stock dropped by 2.4% as the company reported a slight dip in Q3 net profit, despite a 25% YoY increase in total income. The reduction in customs duty on gold impacted profitability. Analysts are optimistic, with Macquarie and Goldman Sachs maintaining their positive ratings on Titan.
RVNL shares rally 4% after Rs 404-crore East Coast Railway project win
Rail Vikas Nigam Ltd (RVNL) shares surged 4% after securing a Rs 404.4 crore contract from East Coast Railway for the Koraput-Singapur Road Doubling Project, involving major bridge and road-over bridge constructions. The project completion is expected within 30 months. Previously, RVNL received a Rs 3,622-crore contract from Bharat Sanchar Nigam Ltd (BSNL).
Ajax Engineering IPO to hit Street on February 10, price band fixed at Rs 599-629. Check details
The IPO of Ajax Engineering, a concrete equipment manufacturer, will open for public subscription on February 10, with a price band of Rs 599-629 per share. The offering consists solely of an offer-for-sale of 2.01 crore equity shares, with proceeds allocated to selling shareholders. Key sellers include Kedaara Capital, Krishnaswamy Vijay, and others.
Stocks to buy today: Nykaa, GAIL among top 9 trading ideas for February 5, 2025
The Indian market is expected to trade higher on Wednesday, following positive global cues. The Nifty50 closed 378 points up at 23,739 on Tuesday, with the India VIX dropping 2.33%. Technical indicators suggest a bullish trend, with resistance at 23,800–23,850 and support at 23,400–23,450. Experts recommend buying stocks like L&T Technology, Kotak Mahindra Bank, and […]
ITC Hotels to be removed from Sensex and BSE indices today
ITC Hotels share price: The newly demerged entity made its debut on the NSE and BSE at Rs 180 and Rs 188 per share, respectively, giving it a market valuation of Rs 39,126.02 crore at the time of listing. Since then, its valuation has decreased to Rs 34,266.48 crore.
Asian Paints shares in focus after Q3 results. Should you buy, sell, or hold?
The revenue from operations for Q3FY25 stood at Rs 8,549 crore, marking a 6% decline from Rs 9,103 crore reported in the corresponding quarter of the previous financial year.
Amwill Healthcare IPO opens today: Check key dates, price band, GMP and other details
Amwill Healthcare’s IPO, involving a mix of fresh equity sale and OFS, has opened for investors with a price band of Rs 105-111 per share. The proceeds will fund various corporate activities. The share allotment is expected by February 10, with the listing slated for February 12.
Tata Power shares in focus after Q3 profit rises 10% YoY to Rs 1,188 crore
Tata Power reported a consolidated net profit increase of 10% year-on-year, reaching Rs 1,188 crore for Q4 2024, driven by higher revenues. The company plans to explore opportunities in small modular nuclear reactors, with a current operational clean energy capacity of 6.7 GW and 10 GW in progress.
CONCOR, Sun Pharma among 6 stocks set to trade ex-dividend on Thursday. Last day to buy
State-owned Container Corporation of India, Sun Pharmaceutical Industries, and four other companies will be the focus as February 6 is set as the record date for determining shareholder eligibility for dividend payouts. Investors must purchase shares by February 5 to qualify. Dividends from these companies are a significant component of total shareholder returns.