Posts in category Economic Times
Wipro Q1 results preview: Net profit may rise 4% year-on-year; revenue to fall due to continued weakness in verticals (18-07-2024)
Wipro's Q1 revenue likely to decline by 2% year-on-year, with net profit expected to grow by 4%. Analysts are keeping an eye on consulting business performance and large deal pipeline. Company aiming for cost containment and efficiency measures to boost margins.
ICICI Securities raises target price for newly listed defence multibagger, sees 50% upside (18-07-2024)
ICICI Securities has increased the target price of Azad Engineering to Rs 2,450 due to promising long-term prospects.
Multibaggers: 5 stocks gained over 20% in each of last 3 months of FY25 (18-07-2024)
ETMarket identified five stocks with monthly gains exceeding 20% from April to June '24 of FY25, all with market caps above Rs 2500 crore. These stocks have turned into multibaggers in FY25.
Budget will revolve around growth, employment generation & boosting consumption: Keki Mistry (18-07-2024)
Keki Mistry stresses that reducing tax rates boosts compliance, growth, job creation, and consumption. Key areas include infrastructure, defence, affordable housing, and corporate tax cuts. He expects a recovery in household financial savings and suggests GST cuts for middle-income groups. Anticipates interest rate cuts and highlights F&O segment regulation and insurance sector potential.
Zee Ent. shares drop 7.88% as Sensex rises (18-07-2024)
On the technical charts, the RSI of the stock stood at 41.02.
Siemens shares fall 4.77% as Nifty gains (18-07-2024)
The stock quoted a 52-week high price of Rs 7974.25 and a 52-week low of Rs 3248.0.
What is the Indian crypto industry expecting from Budget 2024? Here’s the wishlist (18-07-2024)
Industry experts are looking forward to potential reforms in the upcoming budget to address critical challenges faced by the cryptocurrency sector in India. The focus is on tax reductions and regulatory changes to encourage growth and innovation within the industry.
Vijay Kedia raises stake in microcap stock but labels it as very risky investment (18-07-2024)
Global Vectra Helicorp has been in top form over the last 12 months, delivering multibagger returns of 144%, outperforming the 21% rise seen in the Sensex during this period. In 2024 so far, Global Vectra’s returns stand at an impressive 67%.
Trent shares fall 5.94% as Nifty gains (18-07-2024)
A total of 70,386 shares changed hands on the counter till time (IST).
Multibagger defence stock jumps 4% after Motilal Oswal initiates coverage, sees upside potential of 31% (18-07-2024)
Zen Technologies shares jumped 4% on Motilal Oswal's Rs 1,775 target. Excelling in simulators and counter-drones, Zen features strong margins, backward integration, high RoCE, 40+ indigenous products, 150+ patents, and no import reliance. Revenue, EBITDA, and PAT to grow 63%, 57%, and 56% CAGR respectively. Order book at Rs 1,400 crore with a 125% stock surge.