Stocks including Eicher Motors, Lupin, MTAR Technologies, Aditya Birla Capital, Nykaa, Bata india, SBFC Finance, Samhi Hotels and more will be in the spotlight on Tuesday, February 11.
Indian benchmark indices closed in the green on Tuesday, with heavyweights HDFC Bank and Reliance Industries leading the gains, mirroring a broader rally in Asian markets.
Stock Market Today: Trump Tariffs have become a grim reality for the markets, geopolitics and economies globallyUS President Donald Trump announced a 25 per cent tariff on imports from Canada and Mexico and a 10 per cent tariff on Chinese goods.
Stocks including Coal India, Lupin, Power Grid, Indian Bank, Happiest Minds, GR Infraprojects, Anant Raj, MOIL and more will be in the spotlight on Monday, February 03.
This week, 748 companies will announce quarterly earnings, with key results expected from Asian Paints, Titan, Airtel, SBI, M&M, ITC, and LIC. Sector highlights include Power Grid, Divi's Labs, Tata Power, and Bharti Airtel, among others. Notable earnings announcements span from February 3 to February 8, indicating a busy week for the markets.
Indian stocks fell on Monday, reflecting a global sell-off, driven by a strong U.S. jobs report, rising bond yields, and concerns over domestic earnings and valuations. Sensex dropped 1.36%, and Nifty lost 1.47%.
Aditya Birla Capital shares rose 3.5% after Morgan Stanley upgraded the stock to 'overweight' with a target price of Rs 247, implying 42% upside. Despite a 24% decline over the past three months, Morgan Stanley projects strong recovery with 20% AUM CAGR and 18% EPS CAGR by FY27, supported by solid fundamentals and strong funding access.
Earnings per share growth of NSE Nifty 50 companies will likely rise by 10.5% on the year during financial year 2025, according to Aditya Birla Capital Asset Management Co. in its 2025 outlook report. Earnings of the Nifty 50 companies are expected to grow in low-to-mid teens over FY25-27E before reverting back to 11–12%.
Grasim Industries, the flagship company of Aditya Birla Group, a conglomerate with $100-billion market capitalisation, is looking to raise ₹2,000 crore at a coupon rate of around 7.21%, the sources said.
Sai Life Sciences is selling its shares in the price band of Rs 522-549 apiece, which could apply for a minimum of 27 shares and its multiples to raise a total of Rs 3,042.62 crore.
Sensex, Nifty updates on December 3, 2024. Benchmark indices Sensex and Nifty experienced a third consecutive day of gains on Tuesday, driven by strong buying in blue-chip stocks, including HDFC Bank and Reliance Industries, alongside positive trends in global markets.
Stocks including Dr Reddy's Labs, Wipro, JSW Steel, Bharti Airtel, GRSE, Power Grid, UPL, Tata Power, RITES, GNFC, NCL India more will be in the spotlight on Thursday, November 21.
YES Bank, Suzlon Energy, Ashok Leyland, KPIT Technologies and Indraprastha Gas were some of the stocks seeing MF buying in October amid up to 25 per cent decline in their share prices.
Since Covid-19 lows, the average intermediate corrections have been to the tune of 8-10%. With an 8% correction already in place amid oversold conditions, coupled with the outperformance of Bank Nifty.
Oct 30, 2024 / 11:00AM GMTOperator Ladies and gentlemen, good day. And welcome to the Aditya Birla Capital Limited, Q2 FY25 earnings call as a reminder, all par
Stocks including Reliance Industries, Torrent Pharma, L&T, Voltas, RITES, Marico, Concor, Godavari Biorefineries and more will be the spotlight on Wednesday, October 30.
Hyundai Motor's much-anticipated IPO debuted on October 22, 2024, at ₹1,934 on the National Stock Exchange (NSE), a 1.3% discount on its issue price of ₹1,960. On the Bombay Stock Exchange (BSE), the stock opened at ₹1,931, reflecting a 1.5% drop. The disappointing debut sparked humorous reactions on social media, while Hyundai, despite its lukewarm start, remains a key player in India's automobile market with a market capitalization of over ₹1.59 lakh crore.