Given the current market volatility, auto stocks seem to be a better bet for long side trades. Select stocks like M&M and TVS Motor can rally up to another 12 per cent.
Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground
Going foward, the company expects that the growing urban women population and women corporate workforce are better growth opportunities
CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index
IndusInd Bank is likely to get added to the MSCI India Index during the rebalancing exercise in August following a sharp increase in the investment legroom for foreign portfolio investors (FPIs)
The proceeds from the sale of FMCG business would be utilized for repayment of debt and infusing of funds in the Lifestyle business, Raymond said.
n the past six months, City Union Bank has underperformed the market by falling 26 per cent, as compared to 1 per cent rise in the S&P BSE Sensex
Titagarh Wagons hit a new high of Rs 310, surging 8% today, after its consortium with BHEL bagged an order worth Rs 9,600 crore to supply 80 sleeper class Vande Bharat trains
The company said it continues to remain optimistic on the long-term growth of the industry, driven by rising prosperity, youthful population and evolving consumer trends driving premiumization.
This move would provide further boost to the affordable and mid-income housing segments, analysts said
On Monday, L&T announced that the hydrocarbon business of the company secured a significant order under its AdVENT (Advanced Value Engineering and Technology) business vertical
The Government of India has accepted several key recommendations made by the Kirit Parikh Committee with respect to the pricing of natural gas produced from the APM fields.
The management said sales growth for the year was on the back of both an improving project mix as well as strong volume growth of 40 per cent.
Tata Motors' wholesales of 107,386 units at JLR for Q4FY23, comes as a positive development as, during the last call, the company had guided for wholesales at over 80,000 units
Stocks to Watch: Shares of city gas distributors are likely to be in focus today as they react to government's nod for new pricing regime.
RK Forgings and Titagarh consortium had recently won Rs 12,226 cr contract for manufacturing and supply of 1.54 mn forged wheels of different rolling stocks to the Railways over a period of 20 years.
Last month, ARIL signed LoI worth revenue of $120 million (Rs 984 crore) for the next 6 years with Japanese Chemical company
Khanna was the MD & CEO of Orient Electric, a leader in consumer appliances, with revenues of over Rs 2,500 crore
On a consolidated level, the company expects to deliver double-digit growth in rupee terms led by mid-single digit volume growth
India's sugar production fell 3 per cent to 29.9 million tonnes (MT) in the first six months of the 2022 23-marketing year ending September, according to industry body ISMA.