Expect sideways, range-bound market in coming months: Dipan Mehta
Dipan Mehta of Elixir Equities anticipates a sideways market trend in the coming months. He emphasizes stock selection across sectors. Earnings season has been disappointing with only 5.4% profit growth. Liquidity prevents market decline, but fundamentals don’t justify a rally. Nykaa’s impressive performance stands out in the BPC segment. High valuations remain a concern for […]
RVNL shares slip 4% as Q1 profit plunges nearly 40%
RVNL shares fell after its Q1 profit dropped 40% year-on-year to Rs 134.36 crore, hit by lower revenue and weaker operations. The stock, down 24% in 2025, trades below key SMAs with RSI in oversold territory, signalling continued bearish momentum.
Apollo Hospitals Enterprise shares surge over 6% after Q1 net profit rises 42%
Apollo Hospitals Enterprise shares experienced a surge. This followed the company’s strong Q1FY26 performance. The healthcare giant reported a significant increase in consolidated net profit. Revenue from operations also grew year-on-year. Positive earnings and revenue growth across business segments boosted investor confidence. The stock is exhibiting a bullish trend, trading above key Simple Moving Averages.
Vikram Solar fixes Rs 315-332 price band for IPO. Check GMP, key dates, other details
Vikram Solar IPO: Vikram Solar has set a price band of ₹315–₹322 for its ₹2,079.36 crore IPO opening on August 19, comprising a ₹1,500 crore fresh issue and ₹579.36 crore OFS. Minimum bid is 45 shares. The IPO is priced at a P/E of 68.48–72.17x FY25 EPS, higher than the peer average of 44.28x.
Nykaa shares rally 5% as brokerages turn more bullish post Q1 results. Should you buy, sell or hold?
Nykaa shares rose 5.4% to Rs 215.95 after brokerages reaffirmed bullish views post-Q1 results. Net profit jumped 79% YoY to Rs 24 crore, revenue grew 23% to Rs 2,155 crore, and GMV climbed 26% to Rs 4,182 crore. Nuvama and JM Financial maintained Buy ratings, citing strong beauty growth, improving fashion performance, and margin expansion […]
Andrew Ferris warns S&P 500 rally is ‘superbly overvalued’
Andrew Ferris of Ecognosis Advisory suggests that inflation is rising. He believes the Federal Reserve will not cut interest rates in September. He finds the S&P 500 overvalued. Ferris highlights that Indian, South Korean, and Taiwanese markets are performing well. He also notes the strength of defence stocks due to ongoing global conflicts.
Q3 earnings recovery could trigger market upswing: Nikhil Ranka
Nikhil Ranka from Nuvama Asset Management suggests that the market has corrected, presenting an 8–9% upside from the Nifty’s fair value. IT stocks appear to have limited downside, trading at levels seen during peak tariff uncertainty. The banking sector anticipates a soft Q2 due to NIM decline, but expects earnings to recover from Q3.
Q1 disbursement dip seen as temporary; Q2 growth expected with new loans : Sadaf Sayeed, Muthoot Microfin
Muthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN’s guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot Microfin’s overleveraged customers decreased to 1%. Despite a typically slow Q1, disbursements reached ₹175 crores, benefiting 311,000 borrowers. The company is focusing on existing customers with higher credit scores, introducing new loan products, and expanding […]
ETMarkets PMS Talk | PMS strategies set to outperform mutual funds in next couple of years: Sushant Bhansali
Ambit Asset Management believes PMS will beat mutual funds soon. Concentrated portfolios can better capture alpha. Only select companies will show high earnings growth. Consumption stocks may rise with tax breaks and rural recovery. Good monsoon may boost rural demand. Earnings have been in line, but expectations were muted. High single-digit earnings growth is expected […]
‘Chaos Ahead’: India reels from US tariff hike threat, exporters warn of mass job losses
Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Since Trump’s tariff threats, Prime Minister Narendra Modi has spoken to both Putin and Ukrainian President Volodymyr Zelensky, urging a “peaceful resolution” to the conflict.