Posts in category Economic Times
TBO Tek IPO opens for subscription. Should you apply? (08-05-2024)
TBO Tek IPO opens today with a price band of Rs 875-920 per share. Analysts advise subscribing due to growth potential. The platform connects global buyers and suppliers. Travel industry is expected to reach $1.9 trillion in 2023.
Election, FIIs switching out of India into China in very short term leading to rising volatility: Jonathan Schiessl (08-05-2024)
Jonathan Schiessl discusses the focus on FMCG sector by foreign investors in India and the potential in private sector banking despite challenges post-HDFC merger. He suggests exploring undervalued sectors like IT and exercising caution in real estate investments.
Hot Stocks: Brokerage view on Max Financials, Pidilite, JSW Energy and PB Fintech (08-05-2024)
Morgan Stanley rates PB Fintech as Equal Weight, Jefferies suggests buying JSW Energy, Goldman Sachs reaffirms its buy rating on Pidilite Industries, and UBS recommends buying Max Financials.
Happiest Minds focusing on areas like analytics, automation, gen AI and security: Joseph Anantharaju (08-05-2024)
Venkatraman Narayanan and Joseph Anantharaju of Happiest Minds outline positive Q4 results and strategic plans for FY25, leveraging recent acquisitions for growth and aiming for 35-40% revenue growth with a 20-24% margin target. Strong focus on organic and inorganic growth strategies.
Q4 results today: L&T, Hero MotoCorp among 47 companies to announce earnings today (08-05-2024)
47 companies will announce Q4 earnings today, including L&T and Hero MotoCorp. L&T expected to show 17% YoY revenue growth, while Hero MotoCorp may see 14% YoY increase in revenue.
Sensex falls 250 pts tracking negative cues from Asian markets; Nifty below 22,250 (08-05-2024)
Indian indices fell today tracking Asian market decline and due to election uncertainties. Sensex losers incl. L&T, HUL; JSW Energy rises. Voltas shares fall.
Fitch sees rupee rebounding to 82 per dollar on bond inflows (08-05-2024)
The rupee is expected to appreciate to 82 per dollar by the year-end, from about 83.50 currently, Jeremy Zook, a director at Fitch in Hong Kong, said in an interview last week. The Reserve Bank of India may continue to prevent any sharp swings in the currency by absorbing inflows, he said.
Buy Kajaria Ceramics, target price Rs 1480: JM Financial (08-05-2024)
Kajaria Ceramics Ltd. key Products/Revenue Segments include Tiles, Other Operating Revenue for the year ending 31-Mar-2022.
Buy Indraprastha Gas, target price Rs 470: JM Financial (08-05-2024)
Indraprastha Gas Ltd. key Products/Revenue Segments include Gas Natural and Other Operating Revenue for the year ending 31-Mar-2023.
Time to look at long-term stories rather than momentum picks now: Seshadri Sen (08-05-2024)
Seshadri Sen analyzes market dynamics post-exit poll, emphasizing short-term corrections and long-term investment strategies in manufacturing, consumer discretionary, cement, and aviation sectors. He advocates strategic stock selection and patient investing for optimal returns.