Hot Stocks: Brokerages on Gail, IOC, UPL and Sun Pharma post Q3 results
Sun Pharma is the worlds fourth largest generics/specialty pharma company with 43 manufacturing sites at its disposal addressing segments like specialty products, branded generics, complex generics, pure generics and APIs.
Q3 results this week: L&T, Bajaj Finserv, Sun Pharma, Tech Mahindra, Ashok Leyland and others
Results that will be out on January 30 include Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, Punjab National Bank, REC, Laurus Labs, IIFL Finance, Trident, Exide Industries, Nippon Life India Asset Management, Mazagon Dock Shipbuilders, Welspun as well as Inox Leisure.
Hot Stocks | Bet on IOC, HCL Tech, Control Print for up to 14% return. Here's why
IOC has broken out on the weekly chart from the downward sloping trendline adjoining the highs of April 22, 2022 and December 16, 2022. Trend of the stock is positive as stock price is trading above its important moving averages.
Recovery in marketing margins, lower oil prices to restore OMC profitability in FY24: Moody's
The three oil marketing companies (OMCs) did not change prices beginning April 6 despite cost of raw material rising. This led to the three booking a combined loss of Rs 21,000 crore during April-September 2022
Buy Indian Oil Corporation, target price Rs 130: ICICI Securities
Coupled with GRMs of US$10.5-12.4/bbl (net of windfall tax and estimated inventory loss), the brokerage believes operating earnings for the 3 companies will likely swing back to the black post the record loss seen in Q2.
Stocks to buy or sell today: 7 short-term trading ideas by experts for January 6, 2023
“Options data suggests a broader trading range in between 17700 to 18500 zones while an immediate trading range in between 17850 to 18250 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.
ICICI Bank to deliver strong compounding returns with valuations set to re-rate higher as the bank has cemented its stalwart position with highly efficient significant liability franchise, strong capital ratios, and steady asset quality.
3 stocks one can safely accumulate with a margin of safety: Devarsh Vakil
“We have a list 10 stocks which are a mix of largecaps and smallcaps. If I were to pick one stock, I will pick PNC Infrastructure Company. This has a current order book of about Rs 19,000 crore, which gives them revenue visibility of about almost 2.5 times their current earnings.”