Maruti Suzuki Q2 preview: The company, which is due to announce its result on Friday, October 28, could also see margin expansion due to price hikes, forex benefits, and operating leverage
The stock traded higher for the third straight day and has gained nearly 4 per cent during the period. It quoted at its highest level since May 2015.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) margin contracted 150 bps to 33 per cent from 38 per cent in a year ago quarter.
NMDC shareholders will be eligible to get one share of NMDC Steel for every equity share held.
Technically, whenever any stock remains unaffected during times of volatility, the trend indicates something positive underneath. Such stocks are preferred by market participants for trading gains.
In Q2FY23, Amber reported a net loss of Rs 2.3 crore as against profit of Rs 8 crore in the year ago period, dragged by fall in EBITDA margin and higher interest costs.
On the downside, the MCX Crude Oil futures have near support at Rs 7,111 and Rs 7,039 levels. Meanwhile, Natural Gas futures likely to get considerable support around Rs 486.
Stocks to watch today: SBI Cards, Indus Towers will report July-September quarter results on Thursday, October 27; Sony India and Zee Ent plan to sell 3 Hindi channels to address anti-competition
As market sentiment turns positive for India, 10 firms are looking to raise Rs 9,000 cr via IPO over the next 45 days. Will the primary market activity suck out liquidity from the secondary markets?
'It will continue to be a rough ride, with few places to shelter. Geographically and geopolitically the US, despite being in the middle of much of the turbulence, should continue to be an attractive '
Overseas funds dumped Rs 4,081 crore worth of shares of companies in the financial services sector, while IT shares worth Rs 1,665 crore were sold, according to data collated by primeinfobase.com
Brokerage says IT services firms score over cement on key parameters such as return on average capital employed, free cash flow to Ebitda ratio, dividend, and buyback payouts vis-a-vis PAT
Asian stock markets followed Wall Street higher on Wednesday as hopes rose that Federal Reserve might ease off plans for interest rate hikes and Britain installed its third prime minister this year
Reliance Industries will demerge its financial services business and list as a separate entity. Will a fast-growing consumer and merchant loan book be enough to impress shareholders? Let's find out
If you have been following technical analysis in financial markets, you must have come across the word 'trendline'. But what is it? When should you plot them? How reliable they can be? Let's find out
Management optimistic about growth as stock valuation stays unchanged for India's largest oral care company
The analysis is based on 1,401 companies with their September-end price data since 2004
The lender may consider issue of securities aggregating up to Rs 100 crore in a pre-IPO placement round
We are positive on select private banks with credit growth picking-up and asset quality outlook being benign/improving.
Selling pressure is seen whenever the lock-in period meant for IPO anchor investors ends, particularly in companies backed by private equity investors