Ashish Shankar, MD & CEO of Motilal Oswal Private Wealth, forecasts a positive outlook for Indian equities due to strong domestic factors. He advocates for a balanced portfolio with investments in equities, gold, and debt products. Shankar identifies digital sectors, capital markets, and real estate as key wealth creators in Samvat 2081.
Posts in category Economic Times
Positive Breakout: These 4 stocks close cross above their 200 DMA (31-10-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend
L&T shares in focus after company’s revenue, PAT growth beats D-Street estimates (31-10-2024)
L&T posted a 5% increase in net profit for Q2FY25, reaching Rs 3,395 crore. The company achieved consolidated revenue of Rs 61,555 crore, a 21% growth year-on-year. International revenues accounted for 52% of total revenues. The order book stood above Rs 5 lakh crore, indicating strong performance across various segments.
Tata Investment shares in focus ahead of Q2 earnings today (31-10-2024)
Tata Investment Corporation (TICL) shares are in focus as they announce quarterly earnings today. TICL, a Tata Group NBFC, saw a 149% revenue jump in Q1FY25 over Q4FY24 but a decline from the previous year. The stock has delivered a 120% return over the last year.
Colgate-Palmolive India, Patanjali Foods among 6 stocks to trade ex-dividend on Monday. Do you own? (31-10-2024)
Shares of Colgate-Palmolive (India), Patanjali Foods, and Oberoi Realty will be in focus today as these companies have announced record dates for declared dividends. Today is the last day to purchase shares to qualify for the dividends, with Colgate-Palmolive issuing an interim dividend of Rs 24 per share.
Tata Power shares in focus after company reports 51% YoY PAT growth (31-10-2024)
Shares of Tata Power will be in focus after the company reported a net profit of Rs 1533 crore in the September 2024 quarter, a 51% increase from the previous year. Despite a slight drop in revenue, the company’s EBITDA rose due to increased solar manufacturing and improved efficiency.
Q2 results today: Tata Investment among 7 companies to announce earnings on Thursday (31-10-2024)
Tata Investment, along with six other companies, is set to announce their July-September 2024 quarterly results today. Tata Investment had previously reported a strong performance in Q1FY25, with a 117% sequential increase in net profit. The company also delivered significant returns over the last year, outperforming broader market indices.
Big movers on D-Street: What should investors do with Tata Power, Dabur India and L&T? (31-10-2024)
Sensex and Nifty fell, influenced by banking and financial stocks amid weak global market trends. Tata Power saw a breakdown below 430, suggesting further decline. Dabur India hit a major support zone at 530, indicating a potential rise. L&T’s breakdown below 3430 points to a bearish trend.
Samsung posts weaker profit recovery as it misses out on AI boom (31-10-2024)
Samsung Electronics reported a higher profit for the third quarter compared to last year, albeit with a slower recovery pace. The company faces challenges in monetizing the AI boom amid competition from TSMC and SK Hynix. Its chip division saw a decrease in profits, and the mobile devices business also experienced a dip in operating profit.
Microsoft beats expectations, but AI concerns force shares down (31-10-2024)
Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company’s big spending on the AI boom. During the quarter, Microsoft also returned $9.0 billion to shareholders through dividends and share repurchases, helping pump up share value.