Posts in category Economic Times
F&O stocks: ICICI Prudential Life Insurance, Eicher Motors among 5 stocks with short buildup (15-05-2024)
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.
Election trade? These 5 themes will continue to work out in India:Ajay Srivastava (15-05-2024)
Ajay Srivastava, CEO of Dimensions Corporate, advises investing in ABB, Siemens, IndiGo, Indian Hotels, and Hero Moto if the market falls 30-40%. These companies, known for their performance and economic ties, are recommended. Furthermore, smaller IT firms linked to the BFSI sector show promise. The defense sector, shipyards, QSR companies, multiplex companies, and consumer companies are currently underperforming.
Over 15 MF schemes slashed holdings in 5 stocks in April. Do you own any? (15-05-2024)
ETMarkets mutual fund (MF) analysis identified that more than 15 MF schemes have decreased their investments in five stocks in April.
Siemens shares surge nearly 9% after brokerages raise price target up to Rs 8,000 (15-05-2024)
Siemens shares soared 8.9% to a new 52-week high of Rs 7,243.60 on BSE following increased target prices by brokerages. The company also approved a scheme to demerge its energy business into a separate listed entity.
Go Digit Insurance IPO: Retail portion fully booked even as overall demand remains steady on Day 1 (15-05-2024)
Virat Kohli bought 2.66 lakh shares of the company for Rs 2 crore in 2020, while Anushka Sharma invested 50 lakh through a private placement. Currently, Go Digit IPO GMP is Rs 45, slightly lower than the previous week.
Suzlon Energy to get $14 million FII boost from MSCI rejig after 386% returns in one year (15-05-2024)
Suzlon Energy's shares are poised to receive a $14 million boost from passive inflows due to increased weightage in the MSCI global standard index, as per Nuvama report.
F&O stocks: IndiGo, Cummins India among 5 stocks with long buildup (15-05-2024)
In Wednesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup.
Buy KEC International, target price Rs 833: Geojit Financial Services (15-05-2024)
Geojit Financial Services recommends buying KEC International Ltd. at a target price of Rs 833.0. In Q4FY24, the company achieved the highest-ever revenue growth of 11.6% YoY, driven by strong performance in the T&D business and SAE segment. The company's growth is expected to be fueled by traction in T&D orders and civil business.
Expect 30-40% growth in air conditioner sales this year: B Thiagarajan, Blue Star (15-05-2024)
B Thiagarajan, MD of Blue Star, discusses the growth and outlook of the AC industry for FY24, including unexpected growth in March and projected growth in April, market hold up post 2023 summer, potential for India to overtake China by 2040-2045, consumer finance trends, and capacity planning to meet increasing demand.
Accumulate Chalet Hotels Ltd., target price Rs 850: Emkay Global Financial Services (15-05-2024)
We cut FY25E/26E EBITDA by 1.6%/4.2% on margin miss. We maintain our ADD recommendation on Chalet, with SOTP-based TP of Rs850/share vs. Rs900/share earlier (SOTPbased Mar-26E EV/EBITDA of 20.5x for hotels and of 16x for rental assets).