Despite the correction in recent weeks, and expectations of government capex revival in H2FY25 and considering the additional fiscal room we may have at the end of FY25, we could see a strong FY26 in terms of govt capex. The sharp run-up in these stocks and the stretched valuation continue to be a concern.
Posts in category Economic Times
Ola Electric shares jump 4% after resolving 99.1% of 10,644 complaints from CCPA (22-10-2024)
Shares of Ola Electric Mobility surged 4.45% after it announced the resolution of 99.1% of over 10,000 complaints received from the CCPA. Despite recent declines, the company emphatically addressed criticisms concerning service delays, delivery issues, and misleading advertisements just before the regulatory deadline.
ETMarkets Smart Talk: Diwali 2024 outlook! Vikas Gupta on why banking and power sectors are poised for growth in Samvat 2081 (22-10-2024)
There could be other reasons due to the middle east war escalation with potential to cause spike in crude oil prices and also potentially creating supply chain bottlenecks in the Asia-Europe corridor.
OBSC Perfection IPO opens today: Check issue size, GMP, price band and other details (22-10-2024)
The SME IPO of OBSC Perfection will open for subscription on Tuesday and will close on October 24. The company aims to raise ₹66 crore through this offering and plans to list its shares on the NSE SME platform.
United Heat Transfer IPO opens today: Check issue size, GMP, price band and other details (22-10-2024)
The SME IPO of United Heat Transfer will open for subscription on Tuesday and close on October 24. The company intends to raise Rs 30 crore through this offering and plans to list its shares on the NSE SME platform.
Danish Power’s IPO opens today in biggest SME offering this year: Check issue size, GMP, price band and other details (22-10-2024)
The SME IPO of Danish Power is set to open for subscription on Tuesday and will close on October 24. The company plans to raise ₹197 crore through this offering, aiming to list its shares on the NSE SME platform.
Got Hyundai shares? Should you ride along or try to sell on listing? Ajay Bagga answers (22-10-2024)
Ajay Bagga, a market expert, advises against investing in the auto sector due to sluggish passenger vehicle sales and high valuations. He recommends waiting before making any investments, including in IPOs. Despite previous expectations for a boost during the festival season, current market conditions suggest a cautious approach is necessary.
Bajaj Finance shares in focus ahead of Q2FY25 earnings. Here’s what to expect (22-10-2024)
Shares of Bajaj Finance are expected to gain attention as the company reveals its Q2FY25 earnings, with net interest income projected between Rs 8,810 crore and Rs 9,187 crore, reflecting a 22-28% YoY hike. Analysts predict healthy growth in PAT, NIMs, and robust customer additions.
Bajaj Housing Finance shares in focus on 21% YoY jump in Q2 net profit (22-10-2024)
Bajaj Housing Finance’s net profit for Q2 FY25 rose by 21% to Rs 546 crore, with revenue from operations up by 26% to Rs 2,410 crore. Assets under management grew by 26%, while loan losses and provisions declined significantly. However, return on average equity decreased to 13%.