Posts in category Economic Times
Stock to Watch: PNC Infratech shares in focus as co receives Rs 4,630 projects from Maharashtra govt (16-10-2024)
Shares of PNC Infratech are expected to attract attention on Wednesday after the company announced it received two letters of acceptance (LoAs) from the Maharashtra State Road Development Corporation (MSRDC).
Positive Breakout: These 6 stocks close cross above their 200 DMAs (16-10-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend
HDFC Life shares in focus after Q2 results. Should you buy, sell or hold? (16-10-2024)
Jefferies has maintained its ‘Buy’ rating on the stock, raising the target price to Rs 850 from Rs 750. Premium growth was strong, driven by ULIPs and a rebound in non-par products. In Q2, margins were impacted by 100 bps due to a timing gap.
Stock to Watch: Adani Green shares in focus as co calls-off $1.2-billion bond issue (16-10-2024)
According to one of the bankers, the initial guidance set out to offer a yield of 7% for the 20-year maturity, Reuters reported. The bond proceeds were intended to release funds from an existing $3.4 billion revolving credit facility with banks, which could then be used to finance new projects, according to sources familiar with the matter.
Stocks to buy today: Biocon, Bharti Airtel among top 9 trading ideas for October 16, 2024 (16-10-2024)
On the options front, the maximum Call OI is placed at 25,200 and then towards 25,100 strikes, while the maximum Put OI is at 25,000 and then towards 24,500 strikes. Call writing is seen at 25,200 and then towards 25,100 strikes, while Put writing is seen at 24,500 and then towards 25,050 strikes.
HDFC AMC shares in focus after strong Q2 earnings. Should you buy, sell or hold? (16-10-2024)
HDFC AMC shares gain focus after reporting a 32% YoY increase in Q2 PAT, reaching Rs 576.61 crore. Revenue climbed 38% to Rs 887.2 crore, with total income of Rs 1,058.19 crore. Analysts Jefferies and CLSA express positive sentiments, raising target prices and upgrading ratings.
Fund Manager Talk | Don’t generalize smallcaps as expensive, it’s a stock-picker’s paradise: Mihir Vora (16-10-2024)
On valuations, the P/E ratio of the small-cap index (Nifty Small Cap 250) is similar to that of the large-cap (Nifty 100) index, at around 19-20x on two-year forward earnings (excluded loss-making companies in the aggregates). However, the projected earnings growth for small-caps is higher, at 18% for the next couple of years versus 8-10% for large-caps. So, growth-adjusted valuations are not that expensive for small-caps.
10 midcap stocks that mutual funds bought and sold in September (16-10-2024)
Key additions by mutual funds in mid-cap stocks included KPR Mill, Brigade Enterprises, PTC Industries, and Metro Brands.
Lakshya Powertech IPO: Check issue size, GMP, price band and other details (16-10-2024)
Lakshya Powertech’s SME IPO opens today and closes on October 16, aiming to raise Rs 50 crore through a fresh sale of 27.72 lakh shares priced at Rs 171-180 each. The company’s shares are trading at a GMP of Rs 160. Proceeds will fund debt repayment and working capital. Listing is expected on October 23.