Five Nifty 200 companies reported rising EPS for four consecutive quarters, indicating improved profitability, strong management, and potential for sustainable growth, enhancing investor confidence.
Posts in category Economic Times
Rupee rises 2 paise to 83.64 against US dollar (27-09-2024)
The Indian rupee rose by 2 paise to 83.64 against the US dollar in early trade on Friday, supported by softening crude oil prices and foreign fund inflows. However, a subdued domestic equity market and a stronger dollar limited gains. Market participants await US personal consumption expenditure data for further cues.
Buy Apollo Tyres, target price Rs 590: Motilal Oswal (27-09-2024)
Apollo Tyres Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 35009.94 Crore) operating in Tyres sector.
Gold Price Today: Gold gains Rs 1,900/10 gm in 1 week; silver surges by Rs 2,350/kg (27-09-2024)
In the last one week, gold prices have surged by Rs 1,900 per 10 gram while silver rose Rs 2,350/kg in the same time.
Sensex, Nifty reach fresh highs after Accenture results boost IT stocks (27-09-2024)
Sensex and Nifty50 hit record highs as IT gains offset financial losses, boosted by optimism after the Fed’s rate cut.
Turnaround: 5 stocks shift from loss to profit in June Quarter, YoY (27-09-2024)
Five Nifty 500 companies reported significant turnarounds, achieving net profits in June ’24, showcasing operational improvements and enhanced financial stability compared to last year.
Blockbuster IPO season breaks 11-year-old unhealthy OFS record (27-09-2024)
The IPO season in 2024 has broken an 11-year record with fresh issues surpassing offers for sale. This trend indicates companies are raising funds for growth and expansion rather than deleveraging. Major IPOs include Ola Electric Mobility, Bajaj Housing Finance, and Firstcry. The pipeline remains strong with upcoming IPOs from Hyundai Motor India and Swiggy.
Buy Jindal Steel & Power, target price Rs 1182: Hem Securities (27-09-2024)
Jindal Steel & Power Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 104890.56 Crore) operating in Metals – Ferrous sector.
Bharat Forge, LTTS and 5 more stocks earned upgrades in last 1 month. Check revised target prices (27-09-2024)
Several brokerages have upgraded the target prices of various stocks over the past month.
Neutral on Amara Raja Energy & Mobility, target price Rs 1390: Motilal Oswal (27-09-2024)
Amara Raja Energy & Mobility Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 24341.46 Crore) operating in Auto Ancillaries sector.