Despite the correction, valuations reman elevated, especially for small caps. Markets were anticipating a weak 2Q earnings season, but the actual numbers were worse than these weak expectations.
Posts in category Economic Times
Britannia shares in focus after Q2 earnings miss estimates. Should you buy, sell, or hold? (12-11-2024)
Shares of Britannia Industries will be in focus on Tuesday after the FMCG giant reported a 10% year-on-year (YoY) decline in consolidated net profit, which stood at Rs 531 crore for the quarter ending September 2024, down from Rs 588 crore in the same period last year.
Britannia shares in focus after Q2 earnings miss estimates. Should you buy, sell, or hold? (12-11-2024)
Shares of Britannia Industries will be in focus on Tuesday after the FMCG giant reported a 10% year-on-year (YoY) decline in consolidated net profit, which stood at Rs 531 crore for the quarter ending September 2024, down from Rs 588 crore in the same period last year.
Gold prices hit 39 record highs in 2024, reaching Rs 78,500/10gms (12-11-2024)
Driven by central bank purchases and geopolitical tensions, gold prices soared to 39 new all-time highs in 2024, marking the highest number in 45 years. The surge, influenced by strong Asian demand and US election anxieties, saw gold reach $2,734 per ounce, prompting predictions of further increases.
Gold prices hit 39 record highs in 2024, reaching Rs 78,500/10gms (12-11-2024)
Driven by central bank purchases and geopolitical tensions, gold prices soared to 39 new all-time highs in 2024, marking the highest number in 45 years. The surge, influenced by strong Asian demand and US election anxieties, saw gold reach $2,734 per ounce, prompting predictions of further increases.
Buy Page Industries, target price Rs 54,000: Motilal Oswal Financial Services (12-11-2024)
Motilal Oswal Financial Services recommends buying shares of Page Industries. They set a target price of Rs 54,000. The brokerage anticipates growth in sales, EBITDA, and PAT for Page Industries. They project a 13% CAGR in sales, a 17% CAGR in EBITDA, and a 19% CAGR in PAT from FY24 to FY27.
Buy Page Industries, target price Rs 54,000: Motilal Oswal Financial Services (12-11-2024)
Motilal Oswal Financial Services recommends buying shares of Page Industries. They set a target price of Rs 54,000. The brokerage anticipates growth in sales, EBITDA, and PAT for Page Industries. They project a 13% CAGR in sales, a 17% CAGR in EBITDA, and a 19% CAGR in PAT from FY24 to FY27.
ICICI Bank, Paytm among 7 techno-funda stock recommendations from StoxBox (12-11-2024)
The Indian equity market showed mixed performance in November, grappling with concerns over weak Q2 earnings and sustained foreign outflows.
ICICI Bank, Paytm among 7 techno-funda stock recommendations from StoxBox (12-11-2024)
The Indian equity market showed mixed performance in November, grappling with concerns over weak Q2 earnings and sustained foreign outflows.
Bullish Momentum: 4 stocks with White Marubozu Pattern on Nov 11 (12-11-2024)
Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session