Abhinav Ranjan
Abhinav Ranjan
Jefferies said that Hindustan Zinc trades below the long-term average EV/Ebitda and that recovery in silver price would be key for stock performance.
HFCL's consolidated profit after tax (PAT) reached ₹394.22 crore in Q2FY27, registering a growth of 448.14 per cent Y-o-Y.
On the bourses, shares of sugar-producing companies tumbled as much as 6 per cent, leaving investors concerned about the impact of the latest move on growth.
MOFSL said that Axis Bank's elevated opex led to slight earnings miss in Q2. The strong NII growth and lower-than-expected provisions were offset by elevated opex and softer treasury income.
Manish Jain, Deputy CEO of Choice AMC has said that mutual fund inflows are not sufficient to lift the market alone. He added that domestic money sets the floor only, and not the ceiling.
Jefferies said the decision to use the volume-weighted average price (VWAP) to calculate settlement prices of derivatives contracts on expiry days is a bigger positive for brokers than for exchanges.
Axis Bank Q2 results preview: The net interest margin may come under pressure in Q2FY27 due to elevated FCNR(B) deposit mobilisation, with analysts projecting a sequential decline of 7-12 bps.
Analysts said that Nestle India's sales growth is expected to be optically lower in H2FY27 vs H1FY27, which is more due to the base effect and not led by any deterioration in the fundamentals.
VK Vijayakumar said that the strength in the IT stocks follows the results of HCL Tech and the optimism surrounding that will hold the IT index strong.
VWAP is a concept that gives the average price a security has traded at throughout the day based on both volume and price.
Zetwerk IPO review: Brokerages have shared mixed views on the public issue. SBI Securities and ICICI Direct have recommended a 'Subscribe' rating, while Swastika has rated it 'Neutral'.
JM Financial has upgraded Canara Bank to 'Buy' from 'Add' on cheap valuations and improving fundamentals. It has also raised the target price to ₹150 from ₹142.
Jio IPO GMP today: On Thursday morning, Jio Platforms shares traded at ₹1,319 in the grey market, implying a premium of ₹200 per share, or 17.87 per cent over the upper end of the price band.
Analysts said higher sugar prices and input cost inflation could weigh on FMCG stocks in the near term, with the impact varying across companies depending on their product mix and pricing power.
Analysts said logistics is integral to the consumption theme, benefiting from rising demand across categories and the growth of quick commerce.
IDBI Bank has informed that a meeting of the board will be held on October 17 (Saturday) to consider and approve the financial results for the quarter and half-year ended September 30, 2026.
SS Retail had made a remarkable market debut on the bourses on September 23, yielding a listing gain of over 80 per cent to the investors against the issue price of ₹424.
For the April-June quarter, Hero Motors has reported a consolidated profit of ₹10.20 crore, up 116 per cent on a Y-o-Y basis.
Fusion CX IPO review: Brokerages have shared mixed ratings on Fusion CX Ltd IPO. SBI Securities has recommended 'Subscribe' rating, while Swastika has rated it 'Neutral'.
Nestle India could outperform peers, supported by strong brand franchises, resilient demand, efficient distribution networks and disciplined cost management, said brokerages.