A total of 75,617 shares changed hands on the counter till time (IST).
Posts in category Economic Times
Stock to watch: United Spirits shares in focus after reporting Q2 results (24-10-2024)
United Spirits posted a marginal rise in Q2 profit at Rs 341 crore with a slight revenue decline of nearly 1%. The company saw improvements in EBITDA and margins despite softer demand. CEO Hina Nagarajan highlighted optimism for the festive season and long-term growth prospects.
Pidilite Ind shares gain 2.62% as Sensex falls (24-10-2024)
A total of 14,142 shares changed hands on the counter till 10:00AM (IST)
Global brokerages see over 25% upside in Zomato, Bajaj Finance, 2 others (24-10-2024)
Global brokerages project substantial growth in Varun Beverages, Supreme Industries, Zomato, and Bajaj Finance over the next year. Citi, Jefferies, and UBS foresee up to a 44% rise driven by strong growth drivers, healthy margins, and strategic expansions. Analysts believe these companies will continue to navigate market volatility effectively.
Add Mahindra Finance, target price Rs 288: HDFC Securities (24-10-2024)
HDFC Securities maintains an add call on Mahindra & Mahindra Financial Services with a target price of Rs 288, while the current price is Rs 267.85. The company reported a 57% increase in net profit for Q2 of FY25, though earnings volatility remains a concern. Promoters hold 52.16%, FIIs 10.19%, and DIIs 21.34%.
Gold Price Today: Yellow metal opens flat at Rs 77,971/10 gm, silver opens at Rs 97,450/kg (24-10-2024)
Gold December futures opened flat at Rs 77,971, while silver rose to Rs 97,450. Profit booking followed recent highs amid dollar strength and geopolitical tensions, with volatility expected this week.
Rupee turns flat at 84.07 against US dollar in early trade (24-10-2024)
The rupee remains stable at 84.07 against the US dollar amid high crude oil prices and continuous foreign fund withdrawal, but gets some support as the dollar retreats. Equity markets show signs of recovery and FIIs offload Rs 5,684.63 crore worth shares.
Sensex, Nifty record worst month since Covid market crash. A warning sign? (24-10-2024)
Sensex records its worst monthly fall since the Covid-19 crash with a 5% drop in October. FII outflows, IPOs, QIPs, and muted Q2 earnings contribute to the decline. Analysts suggest corrections are likely but a major crash is unlikely due to strong domestic liquidity.
HUL shares tumble nearly 5% as Q2 results disappoint. Should you buy, sell or hold? (24-10-2024)
Hindustan Unilever shares dropped 5% following a 4% decline in standalone net profit for Q2 FY25, with results falling short of analyst expectations. Despite this, analysts maintain varied ratings with target prices suggesting potential growth driven by pricing increases and market recovery.
Sensex rises 140 pts, Nifty above 24,450 in early trade (24-10-2024)
After three sessions of losses, Sensex and Nifty50 opened slightly higher, boosted by gains in HDFC Bank, Infosys, and Reliance.