Shares of Tesla jumped 12 per cent in after-hours trading after EV maker reported robust third quarter profits and surprised analysts with a prediction for a 20-30 per cent growth in sales next year
HUL shares tumble nearly 5% as Q2 results disappoint. Should you buy, sell or hold? (24-10-2024)
Hindustan Unilever shares dropped 5% following a 4% decline in standalone net profit for Q2 FY25, with results falling short of analyst expectations. Despite this, analysts maintain varied ratings with target prices suggesting potential growth driven by pricing increases and market recovery.
Raymond – The Complete Man (24-10-2024)
Systematix initiates coverage on Raymond Lifestyle after demerger, assigns a BUY rating with a target price of Rs 2,845 (vs. earlier fair value of Rs 2,293) for its lifestyle business on SOTP-based method, valuing branded textiles, branded apparel and B2B businesses at 11x/18x/9x Sept 2026E EV/EBITDA.
Link to report
Systematix_Raymond_Lifestyle___Initiating_Coverage.pdf (1.1 MB)
TVS Motor shares up 3% on healthy Sept quarter show; Q2 profit zooms (24-10-2024)
The rise in TVS Motor share price came on the back of a healthy September quarter of financial year 2025 (Q2FY25) results announced on October 23.
Sensex rises 140 pts, Nifty above 24,450 in early trade (24-10-2024)
After three sessions of losses, Sensex and Nifty50 opened slightly higher, boosted by gains in HDFC Bank, Infosys, and Reliance.
Barometers trade sideways; breadth strong (24-10-2024)
At 09:30 IST, the barometer index, the S&P BSE Sensex, advanced 41.91 points or 0.04% to 80,10179. The Nifty 50 index fell 3.95 points or 0.02% to 24,431.55.
RailTel Corp edges higher after bagging contract worth Rs 144 crore from Gujarat Govt (24-10-2024)
RailTel Corporation of India advanced 3.25% to Rs 409.60 after the company said that it has bagged an order from Home Department, Government of Gujarat, for project amounting to Rs 144.88 crore.
RailTel Corp edges higher after bagging contract worth Rs 144 crore from Gujarat Govt (24-10-2024)
RailTel Corporation of India advanced 3.25% to Rs 409.60 after the company said that it has bagged an order from Home Department, Government of Gujarat, for project amounting to Rs 144.88 crore.
These 5 F&O stocks saw a high increase in futures open interest (24-10-2024)
As of October 23, futures open interest for four stocks in the NSE F&O pack surged, resulting in an overall increase of over 10% compared to the previous trade.