Posts in category Economic Times
IndiGo Q4 Preview: PAT may double YoY on robust demand; healthy revenue growth likely (22-05-2024)
Brokerages expect India’s leading airline to post healthy earnings for the fourth quarter. Its results will be declared on May 23. Revenue for the period is expected to grow 16% YoY. Motilal Oswal expects RPK at 30 billion (16% year-on-year), PLF at 87.5% (up from 85.8% in 3QFY24) and ASK of 34 billion (up 12% year-on-year).
Indian Bank plans to raise Rs 5,000 crore via equity & Rs 7,000 crore through debt (22-05-2024)
Indian Bank plans to raise Rs 5,000 crore in equity and Rs 7,000 crore through perpetual and infrastructure bonds. This move aims to strengthen capital base and finance infrastructure projects. Government's stake to decrease.
ITC Q4 Preview: Revenue to grow around 3% YoY; margins to contract (22-05-2024)
Brokerages anticipate ITC to report muted growth in revenue for the fourth quarter, results to be declared on May 23. According to various brokerage estimates, profit is likely to grow 3% year-on-year and the hotels business will continue to do well. In the preceding December quarter, ITC reported 6% growth in consolidated net profit to Rs 5,335 crore.
DB Corp Q4 Results: Net profit up nearly three-fold at Rs 122 crore (22-05-2024)
Media house DB Corp Ltd on Wednesday reported a nearly three-fold jump in consolidated net profit at Rs 122.52 crore for the fourth quarter ended March 31, helped by a broad-based growth across verticals.
European autos stocks hit on China tariff jitters (22-05-2024)
European autos stocks were the worst performing equity market sector on Wednesday, following a report that suggested there was potential for China to impose higher tariffs on cars.
F&O stocks: Vedanta, Bharat Forge among 5 stocks with short buildup (22-05-2024)
In Wednesday's trading session, the following five stocks witnessed a build of fresh short positions. Let us first understand how this conclusion is reached that whether the stock has seen a buildup of fresh short position or not.
F&O stocks: Tata Consumer Products, Balkrishna Industries among 5 stocks with long buildup (22-05-2024)
The emergence of a bullish trend on specific stocks can be deduced by analyzing the open interest data. When a stock's price increases alongside a simultaneous rise in open interest, it suggests a buildup of fresh long positions.
Fresh leg of rally starting at FMCG counter; 2 stocks to bet on: Aditya Arora (22-05-2024)
Aditya Arora recommends buying Marico at Rs 607.80 with a stop loss at Rs 580 and a target of Rs 630 to 670. He also likes Godrej CP trading at Rs 1,325 with a stop loss at Rs 1,280 and a target of Rs 1,360-1,400. Aditya Arora discusses the positive outlook on Nifty FMCG.
Growth to come from MSME, affordable housing: Rajesh Sharma, Capri Global (22-05-2024)
Even the current risk rate have been increased, cost of fund is going up. The NBFC is only one option to pass on that cost to the customer
RVNL, Cochin Shipyard among 6 BSE PSU stocks that hit new 52-week highs on Wednesday (22-05-2024)
In today's trading session, six stocks from the BSE PSU index hit a new 52-week high.