Page 2 - Stock

Valuation hurdle stiff for DMart despite 26% correction since January

Store additions strong while same store sales declined in Q1

SUVs to tractors: M&M not taking foot off pedal, on recovery road

Favourable agri macros, improving SUV demand, and easing commodity prices augur well for automaker

Reliance stock gains as Akash takes driver's seat at Jio, brokerages upbeat

Succession plan triggered upgrades from brokerages

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO

Shiprocket is acquiring a majority stake in Pickrr for an estimated $200 million in cash, stock and earn-out

For Bajaj Auto, share buyback worth up to Rs 2,500 crore spurs optimism

Fall in raw material prices, low base, and normal monsoon are other positives

Sun TV rerating rests on capital allocation spin, maintaining ad revenue

IPL valuation bump-up limits downside in stock

Inditex's profitability hits 10-yr high on Zara price hikes; stock up 4.8%

Operating income rose 82% in the three months through April, exceeding pre-pandemic levels, the company said Wednesday

ABB India stock rallies over 10 per cent on strong March earnings

Shares of ABB India on Thursday zoomed more than 10 per cent after the company posted over two-fold jump in net profit for the March quarter. The stock rallied 10.47 per cent to end at Rs 2,224.70 on the BSE. During the day, it zoomed 11.80 per cent to Rs 2,251.50 At the NSE, it jumped 10.20 per cent to settle at Rs 2,220.05. ABB India on Wednesday posted over two-fold jump in net profit at Rs 370 crore for the March quarter compared to the year-ago period mainly on the back of higher revenue. The net profit of the company was Rs 151 crore in the quarter ended March 31, 2021, a company statement said. The company follows January-December financial year. Total revenue rose to Rs 1,968 crore in the quarter from Rs 1,629 crore in the same period a year ago.

Ineos Styrolution stock hits 20% lower circuit following OFS launch

The OFS announcement caught the market by surprise as the promoter holding in the company is at 75 per cent and no further divestment is required

Growth trajectory, margins anc client additions to sustain for Laurus Labs

Some of the growth is captured in the price rally, higher valuations

Weak sentiment, gold price volatility take sheen off Titan Company

Most brokerages are positive on the long term prospects of the stock

Investors in life insurance stocks will need to be patient, say brokerages

Long-term story remains good and valuations attractive, but near-term overhangs may keep stock prices subdued

Sebi levies Rs 20 lakh fine on 4 entities in illiquid stock options case

Capital markets regulator Sebi on Monday imposed Rs 20 lakh fine on four entities for indulging in non-genuine trades in stock options on BSE.

Strong growth outlook, valuations point to further upside for UPL

Buyback could support the price in the near term

Urban Company announces Rs 150 crore Partner Stock Ownership Plan

Company will set up evergreen trust to manage the PSOP and award stocks over 5-7 years at near zero cost to service partners

Zuckerberg tells staff to focus on video products as Meta's stock plunges

Facebook lost a record $251 billion of value in a single day

Valuations may cap upsides for L&T Tech stock, no major triggers seen in Q3

While outlook remains strong, Q3 revenue growth was lower than Street estimates

Margin headwinds may cap upsides for HCL Tech despite strong top line show

What works in favour are strong revenue growth, deal wins and attractive valuations

Macro factors have spooked Paytm's market performance: Vijay Shekhar Sharma

Sharma indicated that he would have bought more shares of Paytm if he could as it was trading cheaply

Despite strong Q3 hopes, upsides for Asian Paints' stock could be capped

Pandemic related restrictions, rural slowdown and input costs are key concerns