The stock price of M&M has broken out on the daily chart where it closed at highest level since 22-Sept 2022
Indian airlines doubled their fares on metro routes, even as they incurred lower fuel costs. This may boost their earnings in H2 FY23. But, are these stocks still worth your money amid competition?
Infrastructure Investment Trusts are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that will provide cash flows over a period of time.
A strengthening rupee further bolstered sentiment, even as relentless foreign capital outflows restricted the gains, traders said.
If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.
Domestic brokerage firm Prabhudas Lilladher, too, lowered its earnings outlook on RIL and trimmed the target price to Rs 2,892
More probes were completed than in the previous year
The injectable manufacturing company expects the margin pressure to persist due to cost pressures and negative operating leverage.
The early pay-in mechanism is used by traders to reduce their margin obligations
CLOSING BELL: Tata Steel, Power Grid, Sun Pharma, Axis Bank, Bharti Airtel, Kotak Bank, M&M, HDFC, Dr Reddy's Labs, and Titan were the leading winners
The stock of state-owned electric utilities company traded at its highest level since February 2018.
The company's board will discuss future strategic plans, inter-alia, potential raising of funds, in their forthcoming meeting on Monday, October 31, 2022
The management said that the transaction is expected to be Cash EPS neutral in the first year and accretive thereafter.
It's too soon to write off the dollar's dominance as the US rate-hike cycle may not be near its peak
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.