L&T reported a strong order book of Rs 3.72 trillion, suggesting good revenue visibility in coming years.
Check out the trading strategies in these frontline counters in a choppy market.
The consumer financier reported its highest-ever quarterly profit at Rs 2,973 crore in Q3FY23, up 40% YoY, aided by a healthy rise in NII and drop in provisions and contingencies
Indian Bank said it is in a better financial health, well capitalised and the asset quality is continuously improving.
The management said revenue impacted by challenging global macros including prolonged geopolitical concerns, rising inflation in major economies and slowdown in demand.
In the past one month, Sun Pharma outperformed market as shares surged 7 per cent, as compared to 2.5 per cent decline in the S&P BSE Sensex
With the expectation of new orders in Q4, the management said the company is focused on improving execution effectiveness to promote operating leverage and maintaining a diversified order book
Adani Ports and Special Economic Zone (Rs 658.45) and Ambuja Cements (Rs 419.25), too, were locked in their respective 10 per cent upper circuits
Cuts FY23 guidance, but expects sales to improve in FY24
The stock dipped 3% to Rs 2,312 per share and traded trading at its lowest level since March 2022.
Shares of Indus Tower, Vodafone Idea, Aurobindo Pharma, TV18 Broadcast, Voltas and Whirlpool of India were among total 33 stocks from the S&P BSE 500 index that hit their respective 52-week lows
Brokerages expect strong growth for ITC's FMCG business led by price hikes, strong traction in discretionary categories (due to high mobility) & strong growth in education & stationary business.
Shares of the group's flagship company Adani Enterprises tumbled 6.2 per cent, while those of Adani Green and Adani Total Gas declined 15.5 per cent and 19.6 per cent, respectively
Global broking and research firm CLSA said on Thursday, that the Adani Group poses no "significant downside risk" to Indian banks.
Tata Motors will benefit from a macro recovery in India, company-specific volume/margin drivers, and a sharp improvement in FCF and leverage in both JLR and India ops, Motilal Oswal said in a note.
Stocks to Watch: Adani Enterprises FPO and Earthstahl & Alloys IPO opens for subscription on Friday. Shares of Adani Group companies also likely to be in focus amid the Hindenburg controversy.
Ebitda remained under pressure due to higher input costs and impact of currency depreciation, the company said
In the past three months, stock price of Sunflag Iron & Steel has zoomed nearly 80 per cent, as compared to 1 per cent gain in the benchmark index.
In the past three months, the stock price of Zomato has tanked 31 per cent, as compared to 1.5 per cent rise in the S&P BSE Sensex
Volumes spurt were significantly higher during strong positive closes than during negative sessions.