Ceat reported a decline of 41.4 per cent in consolidated net profit, at Rs 121.88 crore for the September quarter, compared to Rs 208 crore, a year ago
Ceat skids 6% after reporting 41% decline in Q2 net profit; Details here (18-10-2024)
Ceat reported a decline of 41.4 per cent in consolidated net profit, at Rs 121.88 crore for the September quarter, compared to Rs 208 crore, a year ago
Stock market update: Stocks that hit 52-week lows on NSE (18-10-2024)
Infosys, BPCL, Tech Mahindra, ITC and Titan Company were among the top losers on NSE.
Shares of Varun Beverages rise as Nifty drops (18-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 588.98.
Stock market update: Sugar stocks down as market falls (18-10-2024)
The 30-share BSE Sensex was down 421.45 points at 80585.16
Buy Infosys, target price Rs 2,200: Motilal Oswal Financial Services (18-10-2024)
Motilal Oswal Financial Services recommends buying Infosys with a target price of Rs 2,200. Infosys reported a consolidated total income of Rs 41,698 crore for the quarter ended 30-09-2024. The company has a net profit after tax of Rs 6516 crore, with a margin guidance of 20-22% expected to benefit from increased IT spending.
Venus Pipes- Pipes & Tubes (18-10-2024)
Venus pipes made a high of 1600 and then dropped to 1200 in 2023. It shot up from there and doubled to 2450 in September 2024 and dropped to 1821 today.
In both the scenarios, the correction is 25%. If Venus follows repeats history, I believe the fall is over and it shall start its upward journey and double from here to 3600+ within a year.
Again, this is just my observation and not a recommendation to anyone.
Disc- 8% allocation to Venus in my portfolio
Axis Bank gains after Q2 PAT jumps 18% YoY to Rs 6,918 cr (18-10-2024)
Axis Bank rallied 3.95% to Rs 1,176.85 after the private lender reported 17.97% rise in standalone net profit to Rs 6,917.57 crore on 17.31% increase in total income to Rs 37,141.71 crore in Q2 FY25 over Q2 FY24.
Axis Bank gains after Q2 PAT jumps 18% YoY to Rs 6,918 cr (18-10-2024)
Axis Bank rallied 3.95% to Rs 1,176.85 after the private lender reported 17.97% rise in standalone net profit to Rs 6,917.57 crore on 17.31% increase in total income to Rs 37,141.71 crore in Q2 FY25 over Q2 FY24.