Krishna Sanghavi optimistic on infrastructure boom, sees long-term potential in commodity stocks
The core story for the economy will remain the commodity companies because we are in the building phase for the economy in terms of capex creation, infra creation. So, to that extent, yes, clearly commodity companies whether it is cement, whether it is metal, they are going to play the role.
Nilesh Shah advises investors to focus on quality, avoid smallcap SIPs amid market uncertainty
We saw one of a large private equity fund going and meeting President Trump and saying that you had asked me to bring $100 billion, here I am bringing $500 billion. Clearly, America first policy and higher interest rates, as well as high bond yields is pushing capital back to America. And finally, emerging market […]
Ola Electric shares slide 6% in 2 days after company’s Q3 loss widens YoY
Ola Electric’s stock fell 3.44% after reporting a Q3FY25 net loss of Rs 564 crore, widening from Rs 376 crore YoY. Revenue declined 19% to Rs 1,045 crore. Deliveries dropped to 84,029 units. Goldman Sachs maintained a ‘Buy’ rating with a Rs 101 target, citing strong revenue and in-house component integration in the Gen 3 […]
BHEL shares jump 3% on bagging LOI from Rajasthan and Rs 8,000 cr project from Mahagenco
Shares of Bharat Heavy Electricals Limited (BHEL) rose 3.5% after receiving a Letter of Intent for the BF800 HVDC project from Rajasthan Part I Power Transmission. Additionally, BHEL secured an Rs 8,000 crore order from Maharashtra State Power Generation for a thermal power station project. BHEL’s shares have offered 264.17% returns over the last three […]
Delhivery shares tumble 4% after reporting Q3 results
Delhivery reported a 114% YoY increase in Q3FY25 net profit to Rs 25 crore, marking three consecutive profitable quarters. Revenue from operations rose 8% to Rs 2,378 crore. Despite industry challenges, the company maintained profitability and experienced growth in several service segments like Express Parcel and Supply Chain Services.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the Nifty500 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 7, according to stockedge.com’s technical scan data.
3 stocks to trade ex-dividend tomorrow. Do you own any?
Shares of CMS Info Systems, Disa India, and Symphony are in focus today as these companies set February 11 as the record date for dividend eligibility. CMS Info Systems offers Rs 3.25, Disa India Rs 100, and Symphony Rs 2 per share. Today is the last chance to buy these shares to qualify for the […]
Chandan Healthcare IPO: Check price band, GMP, allotment date and other details
Chandan Healthcare’s Rs 107 crore SME IPO will open for subscription on Monday, targeting a listing on the NSE SME platform. The company plans to use the IPO proceeds to set up new diagnostic centres and laboratories in Uttar Pradesh. Chandan Healthcare operates an extensive diagnostic network in North India, providing pathology and radiology services.
Smallcap stock record date for 1:1 bonus issue tomorrow. Last chance to buy
EFC (I) shares may be in focus today, with February 11 as the record date for determining shareholders eligible for the 1:1 bonus share issue. Bonus shares are issued from retained earnings or reserves, rewarding shareholders and improving liquidity. EFC (I) shares closed 2.6% lower at Rs 533.65 on the BSE.
Q3 results today: Nykaa, Grasim among 298 companies to announce earnings on Monday
Third quarter earnings reports are being released, with key companies like Varun Beverages, Nykaa, Grasim, Eicher Motors, and Apollo Hospitals showing notable performance. Nykaa’s revenue growth is projected at 27%, while Grasim Industries is expected to see a 23-30% revenue increase. Analysts will focus on industry trends and competitive landscapes.