SAIL shares jump over 3% after Q3 PAT falls 66% YoY
SAIL’s shares surged 3.5% to Rs 103.65 on BSE post-Q3FY25 results showing a 66% YoY drop in net profit to Rs 142 crore. The revenue from operations increased 5% to Rs 24,490 crore. EBITDA improved slightly to Rs 2,389 crore, though PAT fell 84% versus Q2FY25.
Fund Manager Talk | Valuations reasonable across market, buying banks and consumer discretionary stocks: Anthony Heredia
The catalysts as well as potential drivers for the re-rating will be assessed and evaluated relative to current price, which makes it easier to implement portfolio decisions both from a buy as well as sell perspective.
Uncertainty in US policy driving FII caution in Indian markets: Rajeev Agrawal
We like to buy things when they are on discount, when they are on sale, and right now we are seeing a lot of opportunities. So, we are nibblers, if you would, and that is what we have been doing.
MSCI February Rejig: Hyundai India joins Global Standard Index; IndusInd Bank, PB Fintech and others see weight increase
MSCI’s February 2025 index review adds Hyundai Motor India to the MSCI Global Standard Index, while Adani Green Energy is removed. IndusInd Bank and Varun Beverages see significant weight increases. In the MSCI India Smallcap Index, 19 companies like CarTrade Tech are added, and several stocks experience weight adjustments.
Death Crossovers: These 6 stocks signal further bearishness on Feb 12
In the NSE list of stocks, six stocks with a market cap of over Rs 1,000 crore are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term […]
Stocks to buy: Vodafone Idea, IRCTC and HAL on investors’ radar
Benchmark indices fell over 1% due to ongoing foreign fund withdrawals and new US tariffs. Stocks like Vodafone Idea, IRCTC, and HAL saw declines of 4%, 3%, and 3.6%, respectively. Riyank Arora, a Technical Analyst, advises cautious trading with specified stop losses for these stocks, highlighting their current support levels and potential upward targets.
Q3 results today: HAL, Ashok Leyland among 501 companies to announce earnings on Wednesday
The third quarter earnings season sees key companies like Ashok Leyland, Siemens, and others announcing results. Ashok Leyland is predicted to witness a minor revenue decline while showing a profit increase. Siemens is expected to report significant growth in both revenue and profit, boosted by its Gas & Power and Mobility segments.
Amwill Healthcare shares to debut on BSE SME platform today. Here’s what GMP indicates
Amwill Healthcare’s shares will debut on the BSE SME platform with an IPO price of Rs 111 each. The IPO saw moderate investor interest, driven by institutional support. Amwill focuses on derma-cosmetic products, outsourcing manufacturing and distribution to third parties. India’s $14 billion beauty industry is growing rapidly due to online sales and a trend […]
Ken Enterprises IPO listing today. What GMP signals ahead of debut?
Ken Enterprises is set to debut on the NSE SME platform, with its IPO seeing a 4-times subscription led by retail investors. Funds from the IPO will be used for acquisitions, new machinery, and facility renovations. The company, known for its diverse fabric offerings, achieved a revenue of Rs 409 crore in FY24.
ARCs free to tap markets for equity capital: RBI
The Reserve Bank of India has allowed asset reconstruction companies (ARCs) to raise equity capital by listing their shares in the market, providing an opportunity to enhance liquidity and investor base. This move comes as ARCs face challenges in raising capital amid competition from government-backed entities and stringent net worth requirements.