Jitendra Sriram, Senior Fund Manager at Baroda BNP Paribas MF, emphasizes the potential in the utility and industrial sectors post-market correction, citing increased energy demand and government capital spending. He also notes the muted performance in FMCG and auto sectors but suggests closely monitoring them. Banking may benefit from potential monetary easing, though private banks could lead the rally.
Post recent correction, utilities & industrials looking attractive: Jitendra Sriram (17-10-2024)
CBI, ED, IT should be impartial, not function in favour of one party, says Karnataka CM Siddaramaiah (17-10-2024)
Karnataka CM Siddaramaiah emphasized the need for central agencies like the CBI, ED, and Income Tax to operate impartially and not favor any political party. He addressed allegations by former Minister B Nagendra regarding ED pressure and expressed confidence in Congress winning the upcoming by-polls on November 13.
Hyundai Motor India IPO Day 3: Subscription soars 2.28x; QIBs drive demand (17-10-2024)
The pubclic issue of Hyundai Motor India, which enjoys the second-largest share of the country’s passenger vehicle market, is the largest offering in India since LIC went public with a Rs 21,000 crore
Central Bank of India gains after Q2 PAT rises nearly 51% YoY to Rs 913 crore (17-10-2024)
Central Bank of India gained 2.28% to Rs 58.70 after the bank reported 50.91% jump in net profit to Rs 913 crore on a 17.08% increase in total income to Rs 9,849 crore in Q2 FY25 as compared with Q2 FY24.
Max India – Demerger, Will sum of parts be greater than single entity (17-10-2024)
Kindly post the details related to MAX INDIA.
Central Bank of India consolidated net profit rises 48.54% in the September 2024 quarter (17-10-2024)
Total Operating Income rise 11.64% to Rs 8235.34 crore
Amalgamated Electricity Company reports standalone net loss of Rs 0.02 crore in the September 2024 quarter (17-10-2024)
Reported sales nil
Gujarat Lease Financing reports standalone net profit of Rs 0.02 crore in the September 2024 quarter (17-10-2024)
Reported sales nil
Eimco Elecon (India) standalone net profit rises 10.68% in the September 2024 quarter (17-10-2024)
Sales rise 30.26% to Rs 66.63 crore