Asit C. Mehta brokerage recommends buying HDFC Life, ICICI Prudential, and SBI Life insurance stocks, expecting returns of 16-20%. Coverage emphasizes the growth potential of these companies despite regulatory changes and shifting consumer preferences. The brokerage also has a hold rating on LIC of India and Max Financial Services.
Stock market update: Nifty Bank index advances 0.58% in a weak market (18-10-2024)
The Nifty Bank index was trading 0.58 per cent up at 51585.85.
TVS Motor Company launches TVS HLX 125 with 5-gears in Kenya (18-10-2024)
TVS Motor Company announced the launch of TVS HLX 125 with 5-gears in Kenya. The new motorcycle offers powerful yet efficient features. It has best-in-class durability, requires minimal maintenance, has a superior engine, provides excellent mileage and performs across terrains.
Omar Abdullah’s J&K Cabinet passes resolution to restore statehood (18-10-2024)
In its inaugural cabinet meeting held on Thursday, Chief Minister Omar Abdullah’s administration passed a resolution calling on the National Democratic Alliance (NDA)-led central government to reinstate statehood for Jammu and Kashmir, according to media reports.
Polycab shares slip 7% after Q2 results. What should investors do? (18-10-2024)
Polycab Share Price: Polycab India’s shares fell nearly 7% despite a 3.5% YoY net profit increase, driven by strong revenue growth but rising expenses. Analysts remain positive, with ‘Buy’ ratings from Motilal Oswal and Nuvama.
Indian Hotels shares up 0.77% as Nifty falls (18-10-2024)
The stock quoted a 52-week high price of Rs 720.6 and low of Rs 371.45.
Aaron Industries Ltd- The Elevator Play (18-10-2024)
can someone explain how the earnings are going to look like going forward? And whether or not this is a reputable company within the elevator space
Nestle India shares fall 2% as Q2 net profit falls marginally YoY. Should you invest? (18-10-2024)
Nestle India’s shares fell 2.2% after reporting a Q2 net profit of Rs 899 crore, slightly down year-on-year. Brokerages gave mixed reviews, with target prices ranging from Rs 2,350 to Rs 2,870.
Infosys share price slips 4.5% despite raising FY25 guidance; here’s why (18-10-2024)
The IT major’s net profit soared 2.2 per cent quarter-on-quarter (Q-o-Q) to Rs 6,506 crore in the September quarter of FY25, from Rs 6,368 crore in the June quarter of FY25 (Q1FY25).