Eternal shares soar 15% to hit record high after Blinkit’s stellar Q1 show. How should you trade now?
Eternal, parent of Zomato and Blinkit, saw shares jump despite a profit dip. Revenue grew strongly, fueled by quick commerce. Blinkit’s performance is notable. Brokerages maintain ‘Buy’ ratings. Motilal Oswal raised the target price to Rs 330. Elara increased its target to Rs 340. Nuvama set its target at Rs 320.
Paytm stock rallies 122% in one year but still 53% below issue price. Can it reclaim its IPO glory?
Paytm shares have rallied 122% in the past year amid improving sentiment and bullish technicals, yet still trade 53% below their IPO price of Rs 2,150. Currently near Rs 1,018, the stock shows a breakout pattern of higher highs and higher lows. Analysts say Q1FY26 results, due July 22, could be a key catalyst for […]
Under 30? Which pockets of small and midcaps should you be hunting?
Nilesh Shah from Envision Capital suggests that young India offers significant investment opportunities, particularly in digital platforms, premium consumer goods, nutraceuticals, and infrastructure. He advises investors to study successful market strategies from other countries and focus on long-term, capital-efficient growth. When investing in mid and smallcaps, prioritize governance, a strong balance sheet, and a viable […]
The Golden Thumb Rule: 10-second reels won’t build wealth; 10-year investing will, says Nilesh Shah
Nilesh Shah of Kotak Mahindra AMC advises investors to focus on long-term strategies. He emphasizes the importance of SIPs and asset allocation for wealth creation. Shah draws parallels between investing and Test cricket, highlighting the value of patience. He urges young investors to avoid FOMO and seek guidance from financial advisors. He also cautions seasoned […]
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty500 pack, nine stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 21, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
Pidilite, Aditya Birla AMC among 18 dividend stocks with record date on Wednesday. Do you own?
Several companies, including Pidilite Industries, Aditya Birla Sun Life AMC, and Novartis India, are set to distribute dividends, with July 23 being the record date. Today is the last day to purchase shares to qualify for these payouts. Investors buying shares from tomorrow will miss out.
Asian shares advance, Japan gains after elections
Asian shares experienced a rise following a record-breaking surge in US stocks, fueled by anticipation for upcoming earnings reports from major companies like Tesla and Alphabet. Investors are closely monitoring corporate earnings for resilience amidst ongoing tariff risks and potential trade deals.
Is GNG Electronics’ IPO a risky bet for investors amid rising working capital needs?
GNG Electronics, India’s largest refurbisher of laptops and desktops, plans to raise ₹400 crore through a fresh issue and ₹60 crore through an offer for sale. The company’s revenue and net profit have more than doubled in the last two fiscal years, driven by strong growth in overseas markets.
RBI accepts Rs 17,274 crore in bond switch auction, aims to manage fiscal pressure
The RBI accepted ₹17,274 crore in Monday’s bond switch auction, 54% of the notified amount, as market yields exceeded the central bank’s comfort. This move aims to reduce near-term redemption pressure and manage the government’s fiscal situation. The centre has budgeted ₹2.5 lakh crore for bond switches in FY26, with ₹69,000 crore already completed.
FPIs withdraw Rs 5,479 crore from IT stocks in first half of July
In the first half of July, Information Technology stocks saw significant foreign outflows. Overseas investors sold shares across nine sectors. Fast Moving Consumer Goods and auto sectors also experienced withdrawals. Services and metals sectors witnessed inflows. India benefits from China’s rare earth metals retaliation. Base metal prices are rising. The auto sector may face challenges. […]