Market expert Nischal Maheshwari provides insights on IT, BFSI, NBFCs, and FMEG sectors. He emphasizes that IT stocks are a good buy during dips, BFSI growth is positive, but suggests caution with NBFCs due to RBI guidelines. He also mentions temporary issues with margins in FMEG due to raw material costs.
Posts in category Economic Times
Kotak Bank shares in focus after Q2 profit rises 5% YoY (21-10-2024)
Kotak Mahindra Bank Share Price: The bank’s net interest income (NII) for Q2FY25 increased 11% YoY to Rs 7,020 crore, from Rs 6,297 crore in the corresponding quarter of the previous financial year.
Bajaj Housing Finance shares in focus ahead of Q2 results today (21-10-2024)
Continuing a trend seen in the previous two quarters, the AUM grew by Rs 5,480 crore during the September quarter. The company’s loan assets stood at nearly Rs 89,860 crore at the end of the September quarter, up from Rs 70,954 crore the previous year.
Reliance Infra shares in spotlight as Rs 6,000 crore fundraising plan gets shareholders’ nod (21-10-2024)
Reliance Infrastructure’s plan to raise Rs 6,000 crore by preferential share issue and QIP receives 98% shareholder approval. The fundraising includes Rs 3,014 crore from preferential allotment and Rs 3,000 crore via QIP, aiming to expand operations, invest in subsidiaries, and reduce debt.
Tech Mahindra shares likely in focus after reporting 153% YoY jump in Q2 PAT (21-10-2024)
While announcing the quarterly numbers, the Mahindra Group company also declared an interim dividend of Rs 15 per equity share and fixed November 1 as the record date for determining eligibility of shareholders.
Stock to watch: Kotak Bank shares likely to remain in focus after reporting Q2 results (21-10-2024)
On a consolidated level, Kotak’s PAT rose 13% YoY to Rs 5,044 crore. The total assets under management as of September-end were Rs 680,838 crore up 37% YoY over Rs 498,342 crore in Q2 of FY24.
Jio Financial shares in focus on 3% YoY Q2 net profit jump (21-10-2024)
Jio Financial Share Price: Revenue from operations in the reported quarter stood at Rs 693.50 crore, up 14% over Rs 608.04 crore posted by the company in the corresponding quarter of the previous financial year.
PG Electroplast shares in focus on Rs 1,500 crore fundraise plans via QIP (21-10-2024)
PG Electroplast Share Price: The company has further informed that the board also approved the draft notice for an extra-ordinary general meeting (EGM) to seek shareholder approval for issuing the securities through a special resolution.
RBL Bank shares likely to remain in focus as Q2 PAT declines 24% YoY (21-10-2024)
On a half-yearly basis, RBL Bank’s net profit also witnessed an increase of 2% YoY to Rs 594 crore and the NIMs were reported at 5.35%.
Tata Consumer shares in focus after company’s Q2 net profit beats Street’s estimates (21-10-2024)
Tata Consumer Share Price: The revenue from operations in the reported quarter stood at Rs 4,214 crore, up 13% over Rs 3,734 crore posted by the company in the corresponding quarter of the previous financial year.