Page 48 - Stock Market Today

Divi's stock may underperform on valuations, near term growth concerns

Revenue of the contract research and manufacturing services player was down 21 per cent y-o-y

Bandhan Bank disappoints Street in Q1; analysts 'positive' on the stock

Quite a few analysts are maintaining a 'buy' rating on the bank but they have downgraded earnings and RoA (return on assets) expectations and target prices

5 stocks added to Nifty Next 50; govt invites applications for SAT officer

They replaced ACC, Nykaa, HDFC AMC, Indus Towers and, Page Industries in the 50-share index

Growth expectations to support valuations of Siemens, ABB India stocks

Indian auto companies are investing in robotics which is a potential source of traction

Adani Group stocks gain as GQG Partners ups its wager; Adani Ports up 4.5%

The stake was purchased from Adani group promoter entities Worldwide Emerging Market Holding and Afro Asia Trade and Investments

Occupancy surge, pharmacy profitability key triggers for Apollo Hospitals

As compared to 64% in the March quarter, overall occupancies across hospitals in the group were at 62%

After disappointing results in Q1FY24, valuation support for LIC stock

In operational terms, annualised premium equivalent (APE) declined and value of new business (VNB) margin was flat

Q1 results beat, valuations factor in bright prospects for ONGC stock

The company guidance is to add over 100,000 square kilometres of exploratory area annually, and spend Rs 10,000 crore each year on exploration

Encouraging results for April-June quarter of FY24 lifts Tata Power stock

However, analysts have mixed views due to muted coal price outlook

Improved production, higher cash flow drive Q1 boost for Coal India stock

Monthly production data and global price trends are key variables going forward

Zomato's 'surprise' faster profit timeline may help serve more gains

Zomato's food delivery revenue (excluding delivery charges) grew 17 per cent Q-o-Q and 28 per cent Y-o-Y

Street positive on long-term capex plans of Power Grid Corporation

The Q1FY24 saw adjusted net profit decline 5 per cent YoY and 17 per cent QoQ to Rs 3,600 crore

Near term margin pressures likely to continue for Bajaj Finance stock

The company continues to invest in technology, digitising operations. But operating leverage kicking in has helped to improve its cost ratios over FY24

Improving US outlook, margin gains keep Street positive on Cipla stock

Lower depreciation led to a 45 per cent increase in adjusted net profit and the same was 25-35 per cent higher than what the street had estimated

Street cheers L&T's strong Q1, share buyback move; stock jumps by 3.5%

Majority of analysts bullish on the stock, but average target price indicates positives are nearly priced in

Paytm's Q1 earnings may be a blip; analysts positive on the stock

Paytm reported a net loss of Rs 360 crore, but revenue grew 39 per cent year-on-year (YoY) to Rs 2,340 crore

Sebi mulls new architecture for implementing rules: Chairperson Buch

Sebi Chairperson Madhabi Puri Buch on Monday said the capital markets regulator is looking to introduce an entirely new architecture where the industry evolves ways to implement rules

Sebi working on instant settlement of stock market transactions: Buch

Sebi Chairperson Madhabi Puri Buch on Monday said the capital markets regulator is working on instant transaction settlement in the stock markets

After less than explosive Q1, Reliance Industries stock to see no fireworks

Recent rally, soft outlook for O2C business may pull stock down

Q1 miss, demand uncertainty may cap upside for Hindustan Unilever stock

Margin gains going ahead is a key positive