Minority investors show less dissent as cos hear them out
Mumbai : Companies are facing less dissent from shareholders these days. Shareholder resolutions with more than 20% dissent from institutional shareholders dropped to 16% in the recently concluded proxy season, down from 17% in the previous two fiscals, as per data from primeinfobase.com. In actual numbers, 1,581 out of 10,092 resolutions saw more than 20%…
READ MORE
Bajaj Auto shares fall 5% as October sales data disappoints
Shares of Bajaj Auto fell by 5% to its dayβs low of Rs 9,401 on the BSE after the company on Monday posted its October sales number reporting merely a 2% YoY rise to 4,79,707 units. The total number of vehicles sold was reported at 4,71,188 units in October 2023. The company reported its domestic…
READ MORE
Stock to Watch: Bajaj Auto shares in focus ahead of Q2FY25 earnings. Here’s what to expect
Shares of two-wheeler major Bajaj Auto are expected to remain in focus ahead of the company’s Q2FY25 earnings due to be announced later today. The company which is synonymous with brands like Pulsar, Avenger and Chetak is likely to report a 24%-29% year-on-year growth in its September quarter revenue led by a robust uptick in…
READ MORE
Stock to Watch: Cochin Shipyard shares in focus as Govt to sell up to 5% stake via OFS
Shares of state-run Cochin Shipyard are likely to remain in focus on Wednesday as the government will sell up to 5% stake sale in the company via an offer for sale (OFS). The floor price is set at Rs 1,540 per share and the two-day issue opens today. The base issue comprises the sale of…
READ MORE
Natural gas sector stocks to buy: Time to get tactical in your investing: 5 stocks from the natural gas sector with an upside potential of up to 30%
Synopsis In a bull market, some sectors get ignored. These are the βboringβ sectors β sectors with little possibility of any technological or other innovation to spur sudden growth. What probably gets ignored is that the balance sheets of companies in the sector are healthy. They have a steady income stream, and in a number…
READ MORE
Hot stocks: Brokerage view on Bajaj Auto, Emcure Pharma, LTIMindtree and Bajaj Finance
Brokerage firms such as CLSA have an underperform rating on Bajaj Auto, while Citi has a sell call on LTIMindtree. Kotak has initiated coverage on Emcure Pharma with an ‘add’ rating. Meanwhile, Morgan Stanley has an overweight rating on Bajaj Finance. We have collated a list of recommendations from top brokerage firms from ETNow and…
READ MORE
Top performing stocks with low PE ratios: How HAL, TaMo, others outshine peers – Unlocking value
Indian Railway Finance Corporation Share Price 169.99 01:48 PM | 6 Sep 2024 -3.49(-2.02%) One97 Communications Share Price 615.4 01:48 PM | 6 Sep 2024 -11.15(-1.78%) YES Bank Share Price 23.19 01:48 PM | 6 Sep 2024 -0.2(-0.86%) ITC Share Price 500.2 01:48 PM | 6 Sep 2024 -11.0(-2.16%) HDFC Bank Share Price 1640.25 01:49…
READ MORE
Stocks to buy today: Bajaj Auto, Aurobindo Pharma among top 8 trading ideas for 29 August 2024
Indian market is likely to consolidate on Thursday tracking mixed global cues. The Nifty future closed positive with gains of 0.15% at 25055 levels on Wednesday. India VIX was up by 2.55% from 13.70 to 13.98 levels. On the options front, the maximum Call OI is placed at 25,100 and then towards 25,500 strikes while…
READ MORE
Market Trading Guide: Bajaj Auto, Radico Khaitan among 6 stock recommendations for Monday – Stock Ideas
Indian Railway Finance Corporation Share Price 183.41 03:59 PM | 23 Aug 2024 1.97(1.09%) One97 Communications Share Price 554.85 03:59 PM | 23 Aug 2024 1.15(0.21%) YES Bank Share Price 24.39 04:03 PM | 23 Aug 2024 -0.19(-0.78%) ITC Share Price 505.8 03:59 PM | 23 Aug 2024 1.25(0.25%) HDFC Bank Share Price 1625.05 03:59…
READ MORE
Stocks in news: Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, ZEE
Domestic markets sustained their upward trajectory into the new week as indices reached fresh highs on Monday. In today’s trade, shares of Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, ZEE among others will be in focus due to various news developments and first quarter results. Bajaj Auto, L&T Finance, Just Dial Shares of Bajaj Auto,…
READ MORE