Posts in category Economic Times
Not a market for bargain hunters; look beyond June 4 for investment opportunities in next five years: Abhay Agarwal (29-05-2024)
Abhay Agarwal, Founder & Fund Manager at Piper Serica, discusses market focus on earnings, growth, and India's economic potential post-event. Grasim's expansion into the paint segment and Titan's nervousness are key points. Agarwal also says he expects the Birla Group will get re-rated because of various things they are doing like the Novelis IPO which was pending for a long time, which will unlock capital for Hindalco.
Hindalco, PFC among 4 large & midcap stocks that hit new 52-week highs on Wednesday (29-05-2024)
Indian shares traded lower on Wednesday, dragged by losses in heavyweight financials and IT stocks, while uncertainty around domestic election results and the timing of US rate cuts also weighed.
Hindalco, PFC among 4 large & midcap stocks that hit new 52-week highs on Wednesday (29-05-2024)
Indian shares traded lower on Wednesday, dragged by losses in heavyweight financials and IT stocks, while uncertainty around domestic election results and the timing of US rate cuts also weighed.
Capacit’e Infraprojects PAT more than doubles to Rs 52 crore in March qtr (29-05-2024)
Capacit'e Infraprojects has said its consolidated profit after tax more than doubled to Rs 52 crore for the March 2024 quarter, on account of higher income. It had posted a Profit After Tax (PAT) of Rs 22 crore in the year-ago period, the company said in a regulatory filing late Tuesday.
Capacit’e Infraprojects PAT more than doubles to Rs 52 crore in March qtr (29-05-2024)
Capacit'e Infraprojects has said its consolidated profit after tax more than doubled to Rs 52 crore for the March 2024 quarter, on account of higher income. It had posted a Profit After Tax (PAT) of Rs 22 crore in the year-ago period, the company said in a regulatory filing late Tuesday.
Beacon Trusteeship IPO booked 65 times on Day 2; Z-tech India’s issue subscribed 8x (29-05-2024)
Beacon Trusteeship's IPO garners strong investor interest, garnering 66 times bids on the second day of bidding. The company plans to raise funds for technology infrastructure, subsidiary investment, and other corporate purposes.
Beacon Trusteeship IPO booked 65 times on Day 2; Z-tech India’s issue subscribed 8x (29-05-2024)
Beacon Trusteeship's IPO garners strong investor interest, garnering 66 times bids on the second day of bidding. The company plans to raise funds for technology infrastructure, subsidiary investment, and other corporate purposes.
Nifty down for 4th straight day but Amit Shah says don’t link it to election (29-05-2024)
"Profit-booking is a routine phenomenon. Don't link it to elections. Those who are there for the short-term in the elections will obviously book profits. After a 1,200-1,300 point rise, going down is a very normal process. This happens 15-20 times in a year even without elections," he said when asked to comment on fears that the market may fall after election results are out on June 4.
Nifty down for 4th straight day but Amit Shah says don’t link it to election (29-05-2024)
"Profit-booking is a routine phenomenon. Don't link it to elections. Those who are there for the short-term in the elections will obviously book profits. After a 1,200-1,300 point rise, going down is a very normal process. This happens 15-20 times in a year even without elections," he said when asked to comment on fears that the market may fall after election results are out on June 4.
LIC shares can rally up to 30%; check target prices of 5 brokerages (29-05-2024)
Brokerages are largely positive on LIC's future as they see an upside potential of up to 30% in the stock, suggesting target prices as high as Rs 1,300.