Dabur shares fall 4% after Q3 results. Should you buy, sell or hold the stock?
Domestic brokerage Motilal Oswal has a Buy call on Dabur with a target of Rs 650. "Overall sales growth trajectory has revived in recent years – a continuation of the turnaround seen by Dabur under the new CEO. Beyond the near-term, rural demand recovery, material cost stability and a less challenging base are likely to result in healthy earnings growth from FY24 onwards," Motilal said.
Titan shares climb over 5% post Q3 results. Should you buy, sell or hold?
Continuing its growth trajectory, the watches and wearables business recorded a total income of Rs 811 crore, up by 15% compared with last year's quarter. The business reported an EBIT of Rs 89 crore, with an EBIT margin of 11%.
SBI Q3 Results Preview: Five key things to watch out for
The state-owned lender's net profit is likely to zoom by a massive 60-70%, compared with the last-year period, while net interest income (NII) too, is expected to grow in healthy double digits.
SBI Q3 Results Preview: Five key things to watch out for
The state-owned lender's net profit is likely to zoom by a massive 60-70%, compared with the last-year period, while net interest income (NII) too, is expected to grow in healthy double digits.
ITC shares rally over 6% to hit fresh 52-week high. Was the Budget really so good?
For ITC, cigarettes constitute more than 80% of the companys net profit and about 45% of its topline. Therefore, tinkering in taxes has an impact on the companys financials.
Sell Mazagon Dock Shipbuilders, target price Rs 600: ICICI Securities
Mazagon Dock Shipbuilders, incorporated in the year 1934, is a Small Cap company (having a market cap of Rs 15384.91 Crore) operating in Defence sector.
Garden Reach Shipbuilders & Engineers, incorporated in the year 1934, is a Small Cap company (having a market cap of Rs 5621.64 Crore) operating in Shipping sector.
Hold Mishra Dhatu Nigam, target price Rs 215: ICICI Securities
Mishra Dhatu Nigam, incorporated in the year 1973, is a Mid Cap company (having a market cap of Rs 3786.14 Crore) operating in Metals - Ferrous sector.
Jindal Stainless, incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 13820.53 Crore) operating in Metals - Ferrous sector.
Alembic Pharmaceuticals, incorporated in the year 2010, is a Mid Cap company (having a market cap of Rs 10695.00 Crore) operating in Pharmaceuticals sector.
Buy Whirlpool of India, target price Rs 1600: ICICI Securities
Whirlpool of India, incorporated in the year 1960, is a Large Cap company (having a market cap of Rs 17057.92 Crore) operating in Consumer Durables sector.
Banks pocket $12 million in fees in Adani’s mega share sale
The fees are equivalent to around 0.5% of the 200 billion rupees raised in Adani Enterprises Ltd.s offering, said the people, who asked not to be identified as the information is private.
HDFC Q3 Preview: Profit seen rising 15% YoY on strong loan growth, stable margin
The brokerage expects AUM growth of 16.4% (from 14.7% in FY22) to Rs 7.2 lakh crore. With more than 4.5% QoQ growth in individual AUM, it expects HDFC to register >20% YoY growth while non-individual loans will also see positive low-single digit growth YoY.
Hold Sun Pharmaceutical Industries, target price Rs 1001: ICICI Securities
Sun Pharmaceutical Industries, incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 244576.21 Crore) operating in Pharmaceuticals sector.
Budget 2023: Hotel stocks rally up to 8% on FM's tourism promotion push
Shares of EIH (Oberoi group hotels) surged over 7.7% to Rs 175, while shares of Indian Hotels rose 7.6% to Rs 323.4 on BSE. HLV and Mahindra Holidays also gained up to 5%.
Greenpanel Industries, incorporated in the year 2017, is a Small Cap company (having a market cap of Rs 3898.94 Crore) operating in Building Materials sector.
Indian Hotels shares climb 7% on Q3 results. Should you buy, sell or hold?
The consensus recommendation from 15 analysts for Indian Hotels is a buy. Out of the 15 analysts covering the stock, 11 analysts have strong buy and buy ratings, while three analysts have hold ratings, and the remaining one has a strong sell rating.
Buy Indian Oil Corporation, target price Rs 118: ICICI Securities
Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 114664.46 Crore) operating in Gas & Petroleum sector.
Defence stocks rally up to 8% ahead of Budget. Should you buy?
Defence sector, as every year before the Budget has a wishlist, out of which the important one is the outlay for emphasis on indigenisation, which means an emphasis on local production. This year we expect them to announce a significant budget for the space and research, electronic equipment and advancement on further localization," Ashwin Patil, Senior Research Analyst at LKP Securities, said.
BPCL shares surge 5% after Q3 results. What should investors do?
"Sharp correction in international diesel prices to ~$115 from the recent peak of USD 170/bbl has improved the marketing segment profitability outlook. Also, ban on the import of Russian oil products from Feb-23 will likely support refining product spreads. Global recessionary pressure along with high-interest rates will keep oil prices range-bound, despite increased demand from China," he said.
Stocks to buy today: 8 short-term trading ideas by experts for 31 January 2023
On the options front, the weekly maximum Call OI is placed at 18000 and then towards 18200 strikes while the weekly maximum Put OI is placed at 17000 and then towards 17500 strikes.
Tata Consultancy Services, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1256390.17 Crore) operating in IT Software sector.
Kajaria Ceramics, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 16550.63 Crore) operating in Building Materials sector.
This Rs 1,100 crore fund manager advices parking some funds in gold, bonds amid volatile equities
We have already seen a major correction in developed markets. US markets have given up all the gains post pandemic. Lately, the dollar has shown a topping out scenario due to decline in inflation.
Adani Enterprises says $2.5 billion share sale on track even as bankers mull changes
Bankers on the deal were considering extending the sale or cutting the issue price after shares of Adani plunged following a report from a U.S. short seller, three people familiar with the matter told Reuters on Saturday.
Bankers on Adani $2.5 billion share sale consider delay, price cut after rout
Seven listed companies of the conglomerate controlled by one of the world's richest men, Gautam Adani, have lost a combined $48 billion in market value since Hindenburg Research on Tuesday flagged concerns about debt levels and the use of tax havens.
Multibagger stock tumbles over 20% after disappointing Q3 results
"Revenue growth has been below expectation as consumer electronics, lighting and mobile phones key verticals for the company has seen steep decline. We however upgrade the stock to Neutral as the stock has already corrected sharply and strong growth momentum is expected to resume. We roll forward our valuation multiple
Over the medium term, as the company targets further growth in annual sales bookings, a strong business development pipeline and expansion into Pune and Bengaluru markets remains key.
Smart Talk: Market may be disappointed if capex is not increased this Budget, says Amit Gupta
"Affordable housing, electricity, Nal se Jal, and higher manufacturing would remain the prime focus for the government. Infra spending will get a further push. Capital expenditure can be increased from 2.9% of GDP to 3.5% of GDP."