Motilal Oswal Financial Services has given a neutral rating to Procter & Gamble Hygiene & Healthcare, setting a target price of Rs 16,500. The company shows potential for growth in the feminine hygiene segment and higher margin gains. Despite expensive valuations, P&G Hygiene focuses on product innovation and customer acquisition, with no medium-term triggers seen.
Posts in category Economic Times
IRFC shares in focus after muted Q2 results (05-11-2024)
Indian Railway Finance Corporation (IRFC) reported a 4% YoY rise in Q2 FY24 profit after tax (PAT) to Rs 1,612.65 crore, with revenue from operations up by 2%. The company declared an interim dividend of Rs 0.80 per share. IRFC shares have surged 113% over the past year but have declined 20% in the last three months.
Embassy Office Parks shares in focus as CEO steps down after Sebi directive (05-11-2024)
Shares of Embassy Office Parks REIT are in focus as CEO Aravind Maiya was suspended by SEBI for violating compliance norms. Maiya will transition to the role of Head of Strategy for the company. This follows an NFRA ruling that debarred him for 10 years over professional misconduct related to his prior role as an auditor for Coffee Day Enterprises, where lapses in audit standards contributed to a major financial scandal.
F&O Radar| Deploy Bear Put Spread in Grasim for potential gains from bearish outlook (05-11-2024)
Grasim, currently at Rs 2590.60, signals potential downside with a bearish engulfing candle and weakening momentum. Analysts predict further decline below Rs 2,580, targeting support levels at Rs 2,490 and Rs 2,420. Option data and technical indicators support this bearish outlook, suggesting a Bear Put strategy for potential gains.
Add IRB Infrastructure Developers, target price Rs 69: HDFC Securities (05-11-2024)
HDFC Securities suggests adding IRB Infrastructure Developers shares with a target price of Rs 69. Currently, the share price is Rs 53.63. The company reported a decrease in income and a rise in net profit for the latest quarter. Future orders and increased toll growth are expected to improve the outlook.
These 4 stocks closed crossing above VWAP on November 4 (05-11-2024)
This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market.
Donald Trump or Kamala Harris? Who is better as US President for Nifty bulls (05-11-2024)
As the US election results loom, Indian markets brace for potential volatility. Analysis of market performance under past presidents reveals no clear winner for investors. Experts predict a short-term rally if Trump wins, while a Harris victory suggests continued stability but potential vulnerability for IT stocks.
Exide Industries shares jump 1% after Q2 profit drops 14%. Should you buy or sell? (05-11-2024)
Exide Industries witnessed a 13.66% dip in consolidated profit for the September quarter, despite a rise in revenue. The company’s profits were impacted by increased expenses, even as demand in sectors like two-wheeler, four-wheeler, and industrial-UPS remained strong.
ETMarkets Smart Talk: Samvat 2081! Samir Bahl on sectors to watch and avoid in the coming year (05-11-2024)
October can often be a volatile month due to various factors like earnings reports and economic data releases. The volatility we’ve witnessed this October is largely driven by heightened geopolitical tensions, particularly the ongoing conflict in the Middle East.