Page 9 - Icici Securities

IndiaFirst Life Insurance selects bankers for IPO expected later this year

IndiaFirst will be the fourth private sector life insurer to get listed on the bourses

ICICI Securities falls 1% as CLSA downgrades rating, earnings view

Shares of the largest listed brokerage have nearly halved this year

Banks, IT account for 93% of the Rs 2 trillion selloff by FPIs the past yr

FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows

Trading volume dips amid market turmoil, retail investors take a hit

ADTV for cash segment lowest since Feb 2020; retail participation hit, say analysts

Near-term growth challenges to weigh on Tata Communications stock

Higher investments may cap margins in the near term

Market strategy: Time to buy, sell or hold stocks? Here's what analysts say

Timing the markets to catch a low, analysts caution, will not be a wise strategy at the current levels given the slew of domestic and global developments over the next few weeks

Analysts bullish on auto stocks amid govt. measures on fuel, steel price

At the operational level, Nomura sees margin benefit for companies in the backdrop of a cut in steel prices

Prudent Corporate Advisory Services fixes IPO price at Rs 595-630 per share

The three-day initial share-sale will open for public subscription on May 10 and the bidding for anchor investors will open on May 9, according to the company

Signs of better investment cycle pushes corporate profits: ICICI Securities

On an aggregate basis, corporate profits are expected to grow in a range of 15 per cent-30 per cent over FY22-FY24E with the NIFTY50 likely to grow at the lower end of the range

Angel One soars 18%; ICICI Securities drops 5%

Angel One saw its stock end the day at Rs 1,918.7, valuing the company at Rs 15,910 crore.

'Lower than industry's demand': Analysts on Trai 5G price recommendations

The reduction proposed in pricing, though largely on expected lines, is not in sync with the 90% drop that the industry had been asking for, the experts said

ICICI Securities gives 'buy' call for Indian Hotels, Lemon Tree

Brokerage house ICICI Securities has given a 'buy' call for hospitality stocks such as Indian Hotels Company and Lemon Tree Hotels.

Block, stock, and trades: Block trades gather steam and what this suggests

Investment bankers say successful execution of large block trades is a healthy sign and could pave the way for large initial public offerings (IPOs) and additional fund-raising by listed companies

Street signs: Gail buyback, Medical device makers to gain, and more

Brokerages are advising their retail clients to buy shares of Gail to take advantage of the arbitrage opportunity.

Foreign investors likely to return to Indian equities soon: Chris Wood

Foreign portfolio investors exited India in droves and have sold stocks since October 2021 amid fears of an earlier and faster-than-expected rate hike by the US Federal Reserve (US Fed)

A Rs 12 hike in petrol, diesel price needed to break-even: ICICI Securities

Crude oil prices shot above USD 120 a barrel for the first time in nine years on Thursday before retreating a little to USD 111 on Friday, but the gulf between cost and retail rates has only widened

Vinay Rajani recommends buying ICICI Securities, Prestige Estates

According to Vinay Rajani of HDFC Securities, Nifty has got strong support at 17,944. High of 18,350 registered on Tuesday could act a short term resistance for the index.

ICICI Securities profit after tax up 42% to Rs 380 crore in Q3

The company had posted a PAT of Rs 267 crore in the corresponding quarter of the preceding financial year, ICICI Securities stated

Gokaldas Exports inches towards record high; surges 36% in one month

Brokerage ICICI Securities has maintained a BUY rating on Gokaldas Exports with a revised target price of Rs 425.

ICICI Securities Q2 PAT up 26% to Rs 351-crore on revenue growth

ICICI Securities on Tuesday reported a 26 per cent jump in profit after tax to Rs 351 crore in the three months ended September 2021 on account of growth in revenue and improvement in margins