Shares of Angel One fell by 6.4% on the NSE on Thursday, April 17, to their day’s low of Rs 2,201, after the company reported a sharp decline in its quarterly earnings for the fourth quarter of FY25. Angel One Q4 Results The brokerage firm’s profit after tax fell by 48.7% year-on-year (YoY) to Rs…
READ MOREThe Indian market has remained volatile in April. Leading brokerage houses have recently released their views on select mid-cap and growth-oriented stocks, highlighting compelling investment opportunities backed by robust fundamentals and long-term growth prospects for the next 12 months. The recommendations reflect a mix of defensive and high-growth plays across financial services, digital advertising, and…
READ MOREBrokerage firms are optimistic about Macrotech Developers, Titan Company, and Kalyan Jewellers. Synopsis Brokerages are optimistic about Macrotech Developers, Titan Company, and Kalyan Jewellers, citing strong fundamentals and growth prospects. Macrotech Developers shows a potential 31% upside, driven by robust pre-sales. Titan Company’s jewelry sales grew significantly, with a 25% potential upside. Kalyan Jewellers experiences…
READ MOREThe shares of FMCG company Dabur India plummeted 7.5% to an intraday low of Rs 458.25 on the BSE on Thursday, after the company shared its fourth quarter updates for the financial year 2025. The company informed that the overall FMCG volume growth remained subdued during the quarter. Financially, the company stated that its consolidated…
READ MOREShares of Waaree Energies and Premier Energies slid on Wednesday after brokerage Bernstein initiated coverage on both renewable energy firms with an “underperform” rating, citing valuation concerns and profitability headwinds. Waaree Energies shares fell 3.3% to Rs 2,301.1 on the BSE, while Premier Energies lost 2.9% to Rs 883.45 on Wednesday. Bernstein has set a…
READ MOREIndian benchmark indices traded lower on Tuesday, weighed down by banking and IT stocks, amid uncertainty over Donald Trump’s upcoming tariff announcement. The BSE Sensex was trading 1,218 points, or 1.57%, lower at 76,201. The Nifty50 was down 327 points, or 1.39%, trading at 23,192 around 11:53 am. From the Sensex pack, IT stocks like…
READ MOREAfter the Indian government decided to convert Vodafone Idea’s upcoming spectrum dues repayment into equity, in line with the provisions in 2021 telecom relief measures, the debt-ridden telco is now nearing PSU stock status as the government’s holding would increase from 22.6% currently to 49%. “With GoI’s stake rising to 49% after the latest equity…
READ MOREIndian market is likely to trade lower on Tuesday, tracking muted global cues. The Nifty future closed negative with losses of 0.57% at 23,643 levels on Friday. On the options front, the maximum Call OI is placed at 24,500 and then towards 24,000 strikes while the maximum Put OI is placed at 23,500 and then…
READ MOREIndian benchmark equity indices Sensex and Nifty50 traded lower on Friday led by losses in M&M and Infosys. However, markets may see intraday fluctuations amid foreign inflows and optimism over a domestic growth rebound. The BSE Sensex was trading 256 points, or 0.33%, lower at 77,361. The Nifty50 was up 67 points, or 0.27%, trading…
READ MOREIndian pharmaceutical stocks fell up to 3% on the BSE on Thursday amid fears of tariffs by US President Donald Trump, with a fresh setback from the announcements in the auto sector having a rub-off impact. Shares of Aurobindo Pharmaceuticals fell 2% to their day’s low of Rs 1,132.75 while those of Ipca Laboratories went…
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