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Total vehicle retail sales for September grew 11% in the country led by strong growth clocked by commercial vehicles and three-wheelers, according to data compiled by the Federation of Automobile Dealers Associations (FADA). A nearly double-digit
Gains in the power, utilities, and services sectors boosted the markets, with indices trading nearly 2% higher. Major Wall Street indices surged more than 2% overnight, signalling an optimistic start to the year's final quarter. The S&P
Mahindra & Mahindra Financial Services (M&M FS) had been a particular beaten-down stock when the Indian bourses crashed with the onset of the pandemic in mid-2020. Its share had skid over two-thirds from its all-time peak in 2018. The Mahi
Gayatri Projects Ltd, a small-sized infrastructure company that takes up civil construction projects such as roads, irrigation and dams, has been facing heat from lenders over its debt pile and missed debt covenants. Last week, Canara Bank, a memb
ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST UPL 688 674 702 712
Bank Nifty plummeted more than 1.5% on Monday and it formed an inside bar and declined below the 38.2% retracement level once again. After almost testing the 50DMA on Friday, the banking index failed to reach the previous day high. As an inside ba
There are eerie similarities between the lives of Rakesh Jhunjhunwala and Tulsi Tanti, who both died just weeks apart. Both were of nearly the same age—Jhunjhunwala was 62 and Tanti was 64. Both began their careers in the late 1980s. Both
In a volatile session on Monday, the domestic equities indexes experienced significant losses. The mood of investors was depressed by negative global indications. Nifty reached its day's high of 17,114.65 in the early session, but it finishe
The hospitality sector is expected to post strong growth when compared to pre-Covid-19 and report a flat to a marginal decline in revenue on a sequential basis. Revenue for Chalet Hotels and Indian Hotels Company Limited is predicted to increase
Oil Marketing Companies' integrated gross margins are trending above Rs. 5 per liter due to the recent drop in oil prices. This is trending higher than the FY22 levels and is comparable to the margins they experienced during FY21 levels (volume-adjus
ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST AJANTPHARM 1290 1260 1320
Meanwhile, the S&P BSE SmallCap index, of which the company is a part, has delivered returns of 88.3%. Bhagiradha Chemicals and Industries Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the
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