Posts in category Economic Times
Technical Breakout Stocks: How to trade Usha Martin, M&M and Trent that hit record highs (01-05-2024)
The S&P BSE Sensex fell nearly 200 points on Tuesday while the Nifty50 closed in the red after hitting a record high of 22,783. Sectorally, buying was seen in power, realty, and auto while energy, oil & gas, healthcare, and IT stocks saw some selling pressure.
YES Bank share price can fall to Rs 20 as valuation remains expensive: ICICI Securities (01-05-2024)
YES Bank has strengthened its balance sheet though profitability remains burdened by an unproductive bulky rural infrastructure development fund. Its loan growth was healthy at 5% QoQ but deposits growth was strong at 10%
Smallcaps’ resilient show in April has 500 stocks offering double-digit returns. How to navigate May (01-05-2024)
The BSE smallcap index rallied nearly 10%, while the midcap index jumped over 7%. Within the smallcap space, over 500 stocks have delivered double-digit returns with the highest gain (Puravankara) going as high as 86%.
Sensex@75K! Risk management in algorithmic trading: 8 ways to minimise risk (01-05-2024)
Since algo trading depends hugely on quantitative models, it also presents certain challenges. Besides sophisticated computer algorithms and lightning-fast speed, a robust risk management system is also needed.
Adani Wilmar Q4 Results: Net profit soars 67% YoY to Rs 157 crore; revenue down 5% (01-05-2024)
Adani Wilmar Q4 Results: Revenue from operations in the reporting period was Rs 13,238 crore. The company had clocked revenues of 13,872 crore in the corresponding period of last year.
Ambuja Cements Q4 results: Profit up 6% YoY to Rs 532 cr; co approves Rs 2 dividend (01-05-2024)
Ambuja Cements reported a standalone net profit of 532 crore rupees for the quarter that ended in March 2024, showing a 6% increase compared to the previous year. Revenue from operations in the fourth quarter rose by 12% year-on-year to Rs 4,780 crore. The Board has recommended a dividend of Rs 2 per equity share for the financial year 2023-24, subject to approval of shareholders of the company.
Bitcoin and Ether prices drop ahead of Fed interest rate decision (01-05-2024)
Bitcoin and Ethereum values dropped as investors awaited the Federal Reserve's interest rate decision. Other major crypto tokens also experienced losses. Binance's former CEO's sentence added to the market's uncertainty.
Coal India Q4 Preview: Net profit seen falling QoQ; strong operational show expected (01-05-2024)
Coal India's Q4 performance shows promising growth, with higher EBITDA and net profit. Strong operational show expected for the quarter ended March 2024, driven by lower employee costs and other strategic measures.
Godrej conglomerate split: How should investors play the listed entities? (01-05-2024)
Splitting into Godrej Enterprises and Godrej Industries brings clarity, with no major immediate stock impact. Analysts await Vikhroli land development by Godrej and Boyce, potentially positive for stock.
What the split in Godrej conglomerate will mean for stakeholders & brand? Legal eagles explain (01-05-2024)
Supreme Court lawyaer HP Ranina says: The split is in the interest of the Godrej family as well as the stakeholders and if it is carried on in the right spirit, which I am sure it will be, then certainly everybody will stand to gain. Crawford Bayley's Sanjay Asher says he is sure that under the circumstances they have aligned it in a manner that no future disputes arise.