Page 37 - Devangshu Datta

Attractive valuations make ICICI Prudential Life Insurance a long term buy

However, after a sell-off from disappointed investors, valuations have corrected and the stock may be worth a long-term buy

Grasim Industries' rights issue will strengthen balance sheet, fuel growth

Caustic soda prices may have bottomed out and started to improve from lows and should be higher in Q3FY24

Betting on a high-stakes life

William Walter, who rose from a tumultuous past of poverty, addiction and gambling to become a multi-millionaire, could, at best, be a statistical anomaly

Improving signals for Avenue Supermarts with strong Ebitda, PBT growth

Consensus target price of analysts indicates limited upside; rebound in general merchandise and apparels crucial for margin gains

Near-term positives priced in for HDFC Asset Management Company stock

HDFC Bank works on open architecture and HDFC AMC's share in the bank's mutual fund business was only 24 per cent

Higher profitability estimates likely to drive more gains for Zomato

Factoring in better demand for delivery, FY24 overall might have growth estimates for 18 per cent

RBI action may weigh on growth, increase costs for Bank of Baroda

The Q1FY24 data indicates over 90 per cent of savings and current accounts are sourced digitally

Maruti Suzuki eyes higher growth, market share gains with expansion

The company is also looking at a higher share of SUV with higher average selling prices and realisations

Tailwind ahead for consumer durables sector during festival season

There are hopes of better offtake and margin gains

China's demographic tea leaves

Its economic problems due to ageing, low birth rate, and poor gender ratios should serve as a wake-up call for India

How physics Nobel laureates helped unlock secrets of shortest time frames

The groundbreaking research into attosecond pulses opens doors to a new era of scientific exploration with applications spanning physics, chemistry, engineering and medical diagnostics

Business growth remains robust for Bajaj Finance, M&M Financial Services

While analysts remain positive, the two stocks fell by 1.5-4.5 per cent on Wednesday

Street gives a thumbs up to Anil Agarwal-led Vedanta's demerger plan

While the holding company discount should reduce and operational flexibility improve, there are still some concerns on the parent's debt

Tailwinds point to better prospects for Emami; FY24 may see recovery in biz

The Q2 results are likely to see flat volumes and low revenue growth alongside some gross margin expansion

SBI Cards likely to gain as higher spending expected in third quarter

The four largest players are HDFC Bank, SBI Cards, ICICI Bank and Axis Bank and they hold 70 per cent of outstanding cards and receive about 75 per cent of spends

Danish alliance's copyright notice could change the way AI is designed

Lawsuits prompt calls for transparency and compensation in the world of generative AI

Strong growth prospects for the affordable housing finance sector

The competitive intensity is high in the lender segment, with banks, small finance banks and NBFCs including both specialised HFC and non-specilaised NBFCs active in the segment

Improving signals for road sector companies with 25% budget boost for FY24

Given high competition, firms with ability to monetise projects, focus on high margin assets and healthy balance sheets are preferred plays

Rising domestic demand, higher volumes augur well for Coal India stock

India is seeing all-time high peak power and energy demand growth (21 per cent, 15 per cent YoY in Aug'23) and seeing increasing shortage during non-solar hours

Some headwinds emerge for India's cement sector amidst high valuations

The capex of the past year or two will probably result in over-supply