Page 35 - Bse Nse Equity
Buy and sell ideas for May 7 from Anand Rathi: Jubilant FoodWorks, HDFC AMC
Over the past 28 trading sessions, HDFC AMC has maintained a range between approximately Rs 3,600 and Rs 3,800
 "Buy and sell ideas for May 7 from Anand Rathi: Jubilant FoodWorks, HDFC AMC")
Titan stock price drops 7% on May 06. Why brokerages have cut target price
Analysts attribute this margin miss to heightened competitive pressure due to a spike in gold prices
 "Titan stock price drops 7% on May 06. Why brokerages have cut target price")
Mangalore Refinery & Petrochemicals falls 9% on weak Q4 results
MRPL's standalone net profit plummeted over 40 per cent to Rs 1,138 crore in Q4FY24, from Rs 1,913 crore in Q4FY23
 "Mangalore Refinery & Petrochemicals falls 9% on weak Q4 results")
Stocks to Buy: Here's why Angel One is bullish on Fortis, Piramal Pharma
Stocks picks by Angel One: Fortis Healthcare is in a secular uptrend, hovering above its EMAs (Exponential Moving Average) on the daily time frame chart
 "Stocks to Buy: Here's why Angel One is bullish on Fortis, Piramal Pharma")
BoFA, CLSA, Motilal Oswal: Why are these brokerages bullish on Star Health?
In the quarter-ending March (Q4FY24) results, Star Health's net profit jumped 40 per cent to Rs 142.3 crore, as against Rs 101.8 crore in the same quarter a year ago
 "BoFA, CLSA, Motilal Oswal: Why are these brokerages bullish on Star Health?")
Kotak Mahindra Bank shares hit 52-week low after Joint MD resigns
The drop came after joint managing director (Joint MD) KVS Manian stepped down from his role at the bank and its board after 29 years of service
 "Kotak Mahindra Bank shares hit 52-week low after Joint MD resigns")
Vedant Fashions stock falls 3% post Q4 as analysts cautious on FY25 outlook
Vedant Fashions' profit came in at Rs 115.8 crore in Q4FY24, from Rs 108.9 crore in Q4FY23. The company's revenue soared 6.3 per cent to Rs 363.2 crore, from Rs 341.6 crore a year ago
 "Vedant Fashions stock falls 3% post Q4 as analysts cautious on FY25 outlook")
Disappointment in Lok Sabha poll outcome will be short-lived: Pradeep Gupta
The Indian markets appear to be expensive, on an absolute basis, with 1-year forward valuation at 20 times. The overall risk/reward ratio, thus, seem unfavourable on a historical basis, Gupta said
 "Disappointment in Lok Sabha poll outcome will be short-lived: Pradeep Gupta")
May 1 holiday: Are Indian stock markets NSE, BSE open today for trading?
In May, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for two days
 "May 1 holiday: Are Indian stock markets NSE, BSE open today for trading?")
M&M, Tata Motors, Maruti Suzuki: What is driving the rally in these stocks?
With 3XO's launch, M&M management aims to be among the top two players in the compact SUV segment over the course of three years
 "M&M, Tata Motors, Maruti Suzuki: What is driving the rally in these stocks?")
UltraTech stock at Rs 11,500? Check latest target price post Q4FY24 results
The shares, on Tuesday, jumped over 2.38 per cent to hit an intraday high of Rs 10,200 apiece, following the result announcement
 "UltraTech stock at Rs 11,500? Check latest target price post Q4FY24 results")
Maruti Suzuki falls marginally despite strong Q4; brokerages remain upbeat
The fall came as investors booked profit after the company posted strong March quarter performance
 "Maruti Suzuki falls marginally despite strong Q4; brokerages remain upbeat")
YES Bank shares zoom 9% as profit jumps 123%, asset quality improves
YES Bank's profit jumped over 123 per cent to Rs 452 crore in Q4FY24, as opposed to Rs 202.43 crore reported in Q4 FY23
 "YES Bank shares zoom 9% as profit jumps 123%, asset quality improves")
Brokerages bullish on HCLTech despite weak FY25 guidance; stock falls 6%
At 10:00 AM, the stock was the top loser on 30-share Sensex. By comparison, S&P BSE Sensex was up 0.37 per cent at 74,002.66 levels
 "Brokerages bullish on HCLTech despite weak FY25 guidance; stock falls 6%")
IREDA surges 13% on heavy volumes after govt gives 'navratna' status
In the past six trading days, post March quarter (Q4FY24) results, shares of IREDA have rallied 19 per cent
 "IREDA surges 13% on heavy volumes after govt gives 'navratna' status")
VST Tillers shares jump 6% on incorporation of US subsidiary
The company announced its March sales data at the beginning of the month. Total sales plunged to 4,823 units in March 2024, from 6,468 units in March 2023
 "VST Tillers shares jump 6% on incorporation of US subsidiary")
IndiGo hits record high on placing $5 bn order for 30 wide-body aircraft
The boost came after the company's announcement of venturing into the wide-body space with an order placement for 30 Firm A350-900 aircraft
 "IndiGo hits record high on placing $5 bn order for 30 wide-body aircraft")
Tech Mahindra Q4: Stock zooms 13% as management eyes 'turnaround' in FY25
Tech M stock price: The management indicated that FY25 will be a year of turnaround followed by stabilisation in FY26 and strong returns from FY27
 "Tech Mahindra Q4: Stock zooms 13% as management eyes 'turnaround' in FY25")
Vodafone Idea slips 9% ahead of listing of shares allotted in FPO
The shares allotted in FPO are expected to list on Thursday. The stock had rallied 12 per cent on Tuesday on strong foreign investor's response for FPO
 "Vodafone Idea slips 9% ahead of listing of shares allotted in FPO")
Investment idea: Motilal Oswal bullish on Sun Pharma; check outlook, upside
Sun Pharma, the brokerage said, is building an interesting specialty pipeline (under development) for addressing patient's needs in areas of dermatology, ophthalmology, and onco-dermatology
 "Investment idea: Motilal Oswal bullish on Sun Pharma; check outlook, upside")
