Posts in category All News
Stock Alert: Tata Consultancy Services, Anand Rathi Wealth, Mahindra & Mahindra, Aditya Birla Fashion and Retail (12-07-2024)
Upcoming results : HCL Technologies, Indian Renewable Energy Development Agency (IREDA), 5Paisa Capital, Oreintal Hotels.
TCS is the largest IT company and the safest; expect better profitability down the year: Mahantesh Sabarad (12-07-2024)
TCS reported Rs 62,000 crore revenue with a 24.6% margin due to execution delays and profit decline. Mahantesh Sabarad is optimistic, recommends Tata Tech for midcaps. Accenture sees high deal flow but delays. US dollar revenue at $7.5 billion. AI improves IT support, cyber security; SG&A expenses impact margins. Enterprise solutions might decline, back-end services to grow.
Big movers on D-Street: What should investors do with TCS, Hindalco and Shipping Corp? (12-07-2024)
Sensex and Nifty closed down Thursday amid profit booking before quarterly results. TCS fell 0.18%, Hindalco rose 0.25%, Shipping Corp surged 20%. Analysts recommend using VWAP, RSI for potential momentum, and maintaining stop losses. TCS target: 4030-4050; Hindalco: 705-715; Shipping Corp: 350-360, hit upper circuit, swing high resistance, trailing stop loss.
Heat wave, elections to create unlikely earnings winners and losers (12-07-2024)
India's scorching summer impacts Avenue Supermarts Ltd. and Bajaj Auto Ltd. DMart sells more ice cream, while Bajaj Auto defers purchases and introduces a new CNG-powered motorcycle, with its slowest profit expansion in April-June quarter. Nirmala Sitharaman may boost consumption. Infosys, Wipro, TCS benefit from AI demand and partnerships.
The Beastie Boys Sue Chili’s Over Use of ‘Sabotage’ (12-07-2024)
The band said that the restaurant chain had ripped off the song and its music video in advertising videos posted to social media. The group has won similar cases in the past.
Indotech – A turnaround story? (12-07-2024)
Please note the Rs700crs is order book end of June 2024 post execution of Q1 results. Even if I super conservatively assume 1QFY25 revenues = 1QFY24 revenues = Rs93crs, we are looking at Rs 793 crs of revenue. The credit rating also mentions margins of 14% plus vs 12% last year.
This implies almost doubling of EBITDA in FY25 v/s FY24 (Rs793 crores X 14% = Rs111 crores v/s Rs 60 crores last year)
If PAT doubles from Rs 47 crores in FY24 to Rs 94 crores in FY25 the stock is trading at 19.7x FY25 which might be the cheapest stock in transformers in India today
Disclosure: Invested
Govt should continue their medium-term focus on infrastructure, public capex: Surendra Goyal (12-07-2024)
But overall, we think that they are in a fairly comfortable position and the medium-term focus on infrastructure, public capex, etc, that should continue.
Where in market are expectations high and we may see post-result selloff? Sandip Sabharwal answers (12-07-2024)
Sandip Sabharwal predicts selloffs in overvalued defence, infrastructure, and capital goods stocks, contrasting low expectations in consumer and tech sectors. He highlights issues with AMCs' AUM hunger, limited defence stock options, valuation concerns, and India's lagging infrastructure growth. Trent's strong performance and insights on shipyard frenzy, durables, and the Alcobev sector are also discussed, emphasizing cash holding during results season.
Should investors make fresh bets in FMCG stocks? Rajat Sharma answers (12-07-2024)
I think in the last 15-20 years, since I have been—18 years to be precise—since I have been looking at the market, I have never seen this kind of bullishness and fundamentals as strong as we have right now.
What to expect from HCL Tech Q1 earnings? Omkar Tanksale answers (12-07-2024)
This largely impacted the operating margin negatively. However, the worst is over, and there are green shoots in terms of demand as they have started executing well. The BFSI sector in North America is still under stress, but we expect demand to improve going forward.