But way off from 8000Cr revenue for the FY. They have done just 2000Cr in H1. They will be far short of 8000 Cr
Tech, banking stocks lift Sensex 200 points higher; Nifty above 25,150 (15-10-2024)
Indian equity indices traded higher on Tuesday, supported by banking and IT stocks gains and a fall in crude oil prices. The BSE Sensex increased by 237 points and the Nifty50 was up by 65 points. A decline in oil prices benefits India, a major oil importer. Angel One shares also jumped due to strong quarterly performance.
Hot stocks: Brokerage views on HCL Tech, RIL, HDFC Bank and Maruti Suzuki (15-10-2024)
Brokerage firms recommend various strategies for HCL Tech, HDFC Bank, RIL, and Maruti Suzuki. Nuvama and Jefferies advocate buys for HCL Tech and HDFC Bank, respectively. HSBC also favors Maruti, while Investec maintains a sell rating on HCL Tech. Analysts highlight growth prospects and market dynamics influencing valuations.
NPST – Technology Provider for UPI Tech (15-10-2024)
I have 2 small queries:-
- NPST has products named payjoy and qynx(maybe more), which are already brandnames of other companies. So would those companies allow NPST to use these names? AFAIK, NPST has no connection to those companies.
- Has NPST said something about distribution of its products like qynx sound box? I think they don’t have enough employees for that as of now. Similarly for other merchant solutions distribution, either they partner with some bank etc or maybe increase their staff. Are we aware of any such move?
I am new to this, so please be understanding if my questions sound stupid.
F&O Radar| Deploy Broken Wing strategy in HDFC Life to gain from a bullish view (15-10-2024)
HDFC Life Insurance shares trade around Rs 740, showing potential for upward momentum if it surpasses Rs 750, with Rs 730 acting as critical support. RSI and moving averages indicate a bullish trend, and a Broken Wing Options strategy is suggested for potential gains.
J Kumar Infra shares in focus after Rs 298-crore order win (15-10-2024)
J Kumar Infrastructure shares are expected to attract attention on Tuesday following the company’s acquisition of a work order valued at ₹297.8 crore from the Pune Municipal Corporation. The project, scheduled for completion within 36 months.
PGINVIT impairment of investments in subsidiaries and book value (15-10-2024)
Will the current yield of Rs:3/share will be consistent ?
HDFC AMC to report 33% rise in Q2 profit (15-10-2024)
The revenue of the asset management company will increase 34 per cent to ₹865 crore against ₹643 crore reported in the previous quarter of the last fiscal year
Dollar Index captures 103 mark; US retail sales in focus (15-10-2024)
The US dollar index is steadily rising and has gained momentum to a near two month high as investors are pricing a moderation in Federal rate cuts as against an aggressive path earlier. The Fed has indicated that it will monitor incoming data to adjust the pace of its monetary easing policy accordingly. The latest US economic data showed that the labor market remains resilient, while consumer inflation came in stronger-than-expected in September. The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies are quoting at 103.05, its best level since August this year. For the week, Thursdays Retail Sales will be key for dollar direction. Among basket currencies, EURUSD and GBPUSD gain only marginally and are seen at $1.09 and $1.30 respectively.