Shares of Indian Renewable Energy Development Agency (IREDA) Ltd., BEML Ltd., Rail Vikas Nigam Ltd. and Housing and Urban Development Corporation Ltd. are trading with gains of over 10% on Thursday (August 22). IREDA: Shares of IREDA climbed over 10% to hit a day’s high of ₹265.70 on Thursday. The upmove in the stock price …
Updated Jul 14, 2024 11:48 IST Photo : ET Now Digital BEL Q1 Results FY 2024-25 Date and Time: Multibagger defence stock! Quarterly earnings schedule BEL Q1 Results FY 2024-25 Date and Time: Shares of Bharat Electronics are amongst some of the biggest gaining stocks which have delivered multibagger returns in the past. BEL is …
India’s domestic mutual funds bought shares like Suzlon Ltd., and Vodafone Idea Ltd. in May while choosing to book profits in most PSUs barring State Bank of India (SBI) and HUDCO ahead of the Lok Sabha election results, that were announced on June 4. Shares of Suzlon have been in focus on the back of …
Brokerage firm Kotak Institutional Equities wrote in a note that NTPC Ltd., and Power Grid Ltd. are neither “growth stocks” nor “value stocks.” It believes that the fair value of both these companies is much lower than their respective current market price. Kotak wrote in its note that both NTPC and Power Grid are examples …
Expert view: Following the Lok Sabha election 2024 results, the D-Street witnessed a bloodbath on Tuesday, June 4. However, in the previous three sessions, domestic benchmark indices have extended advances into the third straight session, ending at new closing highs on Friday, June 7. Despite a 6% loss on June 4, the domestic benchmark indices …
Global brokerage firm CLSA has revised its India portfolio in response to the Lok Sabha election results. The firm, which recently listed 54 stocks as “Modi stocks,” has now limited its exposure to this category to only ONGC and Reliance Industries, as these have re-rated by less than 15% in the last six months. In …
Brokerage firm CLSA has downgraded Bharat Electronics to “outperform” from its earlier rating of “buy.” This is among the first downgrades within the PSU space after the unexpected Lok Sabha election result, which prompted a sharp sell-off in shares of these state-run companies on Tuesday. Shares of BEL had also declined 19% on Tuesday. Another …
After witnessing a major bloodbath on June 4 due to Bharatiya Janata Party’s failure to secure a halfway mark majority in the Lok Sabha elections 2024, the Indian stock market will now turn its focus to the core macroeconomic factors and upcoming Reserve Bank of India’s (RBI) monetary policy meeting. The Lok Sabha elections results …
Eminent investor Basant Maheshwari in his YouTube live, on June 4, warned the PSU stocks holders as the market momentum from PSU, defence and renewable energy could shift amid formation of new government. Several brokerages had identified several stocks (Modi stocks) which could gain from the emergence of a Modi 3.0 government. Modi stocks are …
Equity bulls are likely to have a field day out on Monday after the exit polls predicted a thumping majority for the ruling Bharatiya Janata Party (BJP) in Lok Sabha elections. The polls come as a shot in the arm given how the markets have been marred by election jitters throughout May. Most pollsters projected …