1/5 Tech Mahindra December Quarter Results Tech Mahindra has garnered mixed reviews from leading brokerage firms following its Q3 results. IT services company Tech Mahindra on Friday reported a 93% growth in consolidated net profit for the quarter ended December 31, 2024. The bottom line stood at Rs 983 crore (attributable to shareholders of the…
READ MOREIndiaMART InterMESH Ltd will report its third-quarter results on Monday, with the company expected to post an adjusted profit after tax (PAT) in the range of Rs 133.4 crore to Rs 140.5 crore, representing a year-on-year increase of approximately 63-72%, according to estimates by brokerages JM Financial and Nuvama. Revenue for the quarter ended December…
READ MORELeading global brokerages have shared their latest recommendations on key Indian stocks, highlighting potential growth opportunities and market trends for 2025. Morgan Stanley and Jefferies remain optimistic about select sectors, with actionable insights on Petronet LNG, ONGC, and Maruti Suzuki India. We have collated a list of recommendations from top brokerage firms from ETNow and…
READ MOREIRFC Share Price 155.96 03:59 PM | 31 Oct 2024 0.41(0.27%) Suzlon Energy Share Price 66.95 03:59 PM | 31 Oct 2024 -1.18(-1.74%) IREDA Share Price 210.04 03:59 PM | 31 Oct 2024 -0.18(-0.09%) Tata Motors Share Price 834.05 03:59 PM | 31 Oct 2024 -6.16(-0.74%) YES Bank Share Price 20.4 03:59 PM | 31…
READ MOREShares of Adani Group owned ACC Limited are expected to be in focus on Thursday ahead of the company’s Q2FY25 earnings announcement. The cement maker could report an year-on-year and sequential loss in its revenue and net profit figures, according to estimates by a couple of brokerages. Sharekhan has estimated ACC’s net sales figures at…
READ MOREShares of Gujarat Gas surged 13.6% to its new all-time high of Rs 689.45 on BSE after the company on Friday announced the restructuring of its group entities Gujarat State Petroleum Corporation (GSPC), Gujarat State Petronet (GSPL), and Gujarat Gas, following which the brokerages have upgraded the stock’s target price up to Rs 715. Under…
READ MOREThe FMCG sector posted top-line growth, driven by a summer spike, although the general elections negatively impacted the sector. The outlook for H2 remains positive, as indicated by company commentaries. Revenue is expected to grow, supported by rural recoveries, according to multiple brokerages. With sector rotations underway and defensives like FMCG gaining investor interest, stocks…
READ MORETrading using borrowed money, or margin trading, in Japan’s stock market fell sharply last week as investors were forced to dump stocks during the Nikkei index’s biggest fall in nearly 40 years. BY THE NUMBERS Margin trading, which involves using borrowed cash from brokerages to ramp up bets in the stock market, is popular among…
READ MOREThe first quarter earnings are coming to a fag end and as many as 528 companies will announce their quarterly numbers on Monday. Key results to watch out for include that of IRFC, Vodafone Idea, NMDC, Hudco, SJVN and Voltas. Apart from the above, companies like AIA Engineering, Endurance Technologies, Nalco, Hindustan Copper, ITI, Natco…
READ MOREBENGALURU- Shares of Indian brokerages fell on Wednesday, a day after the markets regulator proposed several measures to curb trading in options. The Securities and Exchange Board of India (SEBI) on Tuesday evening proposed raising the minimum trading amount for index options by over three times, reducing the number of contracts expiring each week and…
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