For capital market players, higher disposable incomes could support systematic investment plan (SIP), future & options (F&O) and cash volumes
However, still, the stock quotes 31 per cent lower when compared with its all-time high price of Rs 794.60 hit on January 1.
Shares of Quadrant Future Tek hit a new high of Rs 634, surging 18% on the BSE in Tuesday's intra-day trade amid heavy volumes.
While order booking from India remained subdued in the quarter, the company continues to see good international demand which is reflected in export order bookings that grew 9% YoY to Rs 346 cr in Q3
Analysts at InCred Equities said they are disappointed with the repeated delay in Cenexi's turnaround and will reassess the situation constructively once the facility is back on track
Backed by the positive farm sector sentiment and better terms of trade, the tractor segment is expected to report healthy volume prints, according to analysts
In the past one month, SRF has outperformed the market by surging 33 per cent, due to initial signs of demand recovery in Q3FY25, as compared to 2.5 per cent decline in the BSE Sensex.
The BSE Capital Goods index slipped 4.6% in intra-day trades today, falling 7.5% in 2 days after the finance minister presented the Union Budget 2025-26 in the Parliament on Saturday
The personal income tax relief announced in Budget 2025 is expected to increase disposable income, thereby providing a big booster for the auto space
The FY26 budget has allocated Rs 12,100 crore for LPG subsidiary, far lower than the anticipated value
The Union Budget 2025-26 has exempted annual income up to Rs 12 lakh from income tax, boosting consumer spending and adding focus on urban consumption.
RVNL, Bharat Dynamics, Hitachi Energy India, Siemens, ABB India, Titagarh Rail Systems, CG Power and Industrial Solutions, Bharat Electronics and L&T down in the range of 5 per cent to 10 per cent.
The management believes, that on account of ramp-up of existing products, Fermion contract, and potential commercialisation of another CDMO contract in FY26E, Ami has strong revenue visibility.
Jupiter Wagons, Titagarh Wagons, BEML, RITES, Rail Vikas Nigam, IRCON International, IRFC, Texmaco Rail, RateGain Travel and RailTel Corporation are up in the range of 3% to 7% in intraday trade.
Nuvama Institutional Equities reckons a low probability of a sharp hike in cigarette tax in the upcoming budget (1 Feb-25) given a small tax hike was taken last year.
Buoyed by the government's policy interventions for the hospitality sector and a flourishing domestic tourism industry, ITC Hotels has strong growth enablers in place.
Shares of BEL, for instance, soared 5 per cent to Rs 292.10 on the back of two-fold jump in average trading volumes after the company reported a healthy December 2024 quarter
Shares of Blue Jet Healthcare hit a new high of Rs 695.55, and were locked in the 10% upper circuit after the firm reported robust earnings in the December quarter.
Building on the momentum achieved so far, the company's management expects SRF to finish the year on a reasonably strong footing
CarTrade Tech shares hit a new high of Rs 1,765.20, surging 14% on the BSE in Thursday's intra-day trade after it reported PAT of Rs 45.53 crore in Q3FY25, against loss of Rs 23.55 crore in Q3FY24