Tata Tech Share Price: Tata Technologies reported a 2% decline in net profit to Rs 157 crore for Q2, while revenue rose 2% to Rs 1,296 crore. EBITDA improved 10%, reflecting operational strength.
Posts in category Economic Times
Buy Abbott India, target price Rs 31,420: Axis Securities (29-10-2024)
Axis Securities recommends buying Abbott India Ltd. with a target price of Rs 31,420. The pharmaceutical company reported a 24% rise in fourth-quarter profit, driven by strong sales despite pricing caps on certain medicines. Promoters hold a 74.99% stake, and a dividend of Rs 410 per share is declared for fiscal year 2024.
Sensex back in red after 1-day break, falls 400 points; Nifty below 24,250 (29-10-2024)
Indian benchmark equity indices opened lower on Tuesday, resuming their decline due to weak corporate earnings and continued foreign selling.
These 5 F&O stocks saw a high increase in futures open interest (29-10-2024)
On October 28, futures open interest surged over 11% for four NSE stocks, indicating increased market participation. Key stocks included Federal Bank, United Breweries, Eicher Motors, and Marico.
Suzlon Energy stock in focus after Q2 net profit jumps 96% YoY to Rs 201 crore (29-10-2024)
Suzlon Energy reported a 96% rise in Q2 net profit to Rs 201 crore, with revenues up 48% at Rs 2,093 crore. The company secured India’s largest wind order from NTPC, enhancing its growth prospects.
F&O Radar | Deploy Broken Wing strategy in ICICI Bank to gain from bullish outlook (29-10-2024)
ICICI Bank shares are currently trading at Rs 1,292.85, continuing their long-term uptrend. The stock recently broke out of a consolidation phase after a pullback from higher levels and has stabilized near a key demand zone, indicating a potential trend reversal.
North India leads NSE’s investor base at 3.7 cr followed by West at 3.2 cr and South at 2.1 cr (29-10-2024)
The retail investors are on continues surge in the Indian stock markets, a recent report by National Stock Exchange (NSE), highlighted that around 37 lakh new retail investors joined NSE in September taking the total investor base to 10.37 crores.
30% price surge in gold since last Dhanteras. Here’s your 6-point shopping guide (29-10-2024)
Gold sees a 30% price surge since last Dhanteras. Experts suggest continued investment, forecasting potential returns of 10-12% by the next Dhanteras amid geopolitical and economic uncertainties. Options include physical gold, ETFs, digital gold, and futures, though SGBs face liquidity challenges.
Buy ICICI Bank, target price Rs 1,370: HDFC Securities (29-10-2024)
HDFC Securities recommends buying ICICI Bank shares with a target price of Rs 1,370. ICICI Bank showed strong financial performance in the latest quarter and reported a net profit of Rs 12,947.77 crore. The bank growth was driven by business banking, SME, rural and credit card segments, with healthy deposit growth and maintained asset quality.
Sun Pharma shares in spotlight after Q2 profit rises 28% YoY to Rs 3,040 crore. Should you invest? (29-10-2024)
Sun Pharma Share Price: Sun Pharma shares are poised for attention on Tuesday after the company reported a 28% YoY growth in consolidated net profit, reaching Rs 3,040 crore in the second quarter. Revenue from operations rose by 9% YoY to Rs 13,291 crore.