Posts in category Economic Times
Buy Zomato, target price Rs 230: Emkay Global Financial Services (14-05-2024)
Emkay Global Financial Services has buy call on Zomato with a target price of Rs 230.
Zydus Wellness shares rally nearly 4% after reporting PAT at Rs 150 crore; declares Rs 5 dividend (14-05-2024)
Zydus Wellness shares surged 3.8% on BSE, reaching a new 52-week high at Rs 1,750.20 following a 4% YoY rise in Q4 FY24 profit after tax to Rs 150.3 crore. The board announced a dividend of Rs 5 per share, with the record date set for July 19.
Go Digit Insurance IPO opens on Wednesday. 10 things to know before subscribing to the issue (14-05-2024)
Go Digit Insurance IPO consists of fresh equity issue of Rs 1,125 crore and an OFS of up to 5.47 crore shares. While promoter Go Digit Infoworks will offload stakes, Virat Kohli and Anushka Sharma will continue to be investors. Its price band has been fixed Rs 258-278 apiece.
Buy the dip in UPL; go long on Hindalco, says Vishal Malkan (14-05-2024)
Vishal Malkan analyzes the market's strong bottom at 22,000, recommends Tata Power, Sun Pharma, Glenmark stocks. Malkan further favours Ashok Leyland while suggesting UPL as a buy on dip. Metals showing strength, with Hindalco poised for gains. There is a very strong support for Hindalco at around 610-615 which was a resistance earlier. With that stop loss, one can go long for targets of 690 and 700 plus.
PMS Tracker: HNI investors earn up to 20% returns in April. Check top funds (14-05-2024)
Saurabh Mukherjea-run Marcellus' smallcap fund Little Champs bounced back and earned a return of more than 10%, while Sunil Singhania's Abakkus-run Emerging Opportunities fund reported a 9.57% gain and Samir Arora's Helios India Rising fund saw a 5.51% gain.
These 8 stocks added by 15 MFs in April surge up to 65% in 2024 so far (14-05-2024)
In April 2024, mutual funds (MFs) maintained a positive outlook on Indian equities, evident from their net investments totalling approximately Rs 32,823 crore.
Jamnagar’s SME IPO gets highest listing premium of 387% in 2024, 15th multibagger debut of the year (14-05-2024)
Winsol Engineers, based in Jamnagar, achieved the highest premium on listing this year, aligning with expectations. Its stock debuted with an impressive premium of nearly 387% over the issue price on Tuesday, marking one of the strongest listings in recent memory.
M&M, Hindustan Aeronautics among 5 largecap stocks that hit new 52-week highs on Tuesday (14-05-2024)
5 largecap stocks from the Nifty200 pack hit fresh 52-week highs
Near term, go tactical and stick to defensive play via consumer and FMCG stocks: Mahesh Nandurkar (14-05-2024)
Jefferies' Mahesh Nandurkar sees near-term potential in FMCG, IT, pharma due to under-ownership. Longer-term outlook remains positive on capex, infrastructure and real estate sectors. Retail and foreign investor sentiments sway markets amid election impact. Nandurkar says "for the broader emerging market flows to improve, we need to get some visibility on the rate cut cycle from the US Fed. That continues to get pushed out."
Tube Investments shares drop 3.63% as Sensex rises (14-05-2024)
The stock quoted a 52-week high of Rs 4159.5 and a 52-week low of Rs 2622.35.