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Sweltering heat sets summer-goods sales on fire; consumer brands hitch qcomm ride to big business
India's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams, cold drinks and skincare products saw massive year-on-year growth as shoppers embraced instant delivery for seasonal needs.
JM Fin on insurance: Retail health to drive growth; Star Health top pick
The brokerage said that it prefers Star Health in the space as it has recommended a 'Buy' rating on the stock for a target price of ₹650.
Blue Star: Nirmal Bang Maintains Buy on Strong Fundamentals, Long-Term Growth Drivers— Check Target Price
Blue Star's shares are likely to be in focus after Nirmal Bang reiterated its Buy' rating on the stock, citing strong fundamentals and long-term growth visibility.
North Star: UK’s BII, Denmark’s CIP unveil $300 million green energy platform in India
British International Investment and Copenhagen Infrastructure Partners launch North Star, a $300 million dollar platform to fund renewable projects in India and cut emissions
Stock Alert: Greaves Cotton, Bajaj Auto, Meesho, Godrej Consumer Products, Blue Star, Kansai Nerolac Paints - Business Standard
Stock Alert: Greaves Cotton, Bajaj Auto, Meesho, Godrej Consumer Products, Blue Star, Kansai Nerolac PaintsBusiness Standard
Stocks to Watch for May 7: Godrej Consumer, Blue Star, Bajaj Auto, PB Fintech and more
From Godrej Consumer Products reporting a 9.7% year-on-year rise in Q4 net profit to ₹452 crore to Blue Star reporting a 17% year-on-year rise in consolidated net profit for the fourth quarter, here are some stocks to track ahead of Thursday's trading session.
CCL Products, Sai Life Sciences on Mayuresh Joshi’s watchlist for earnings strength
Mayuresh Joshi, Director of Research at Marketsmith India, is watching earnings-resilient sectors such as consumer discretionary, banking, and pharmaceuticals as market remains volatile. Along with CCL Products and Sai Life Sciences, Strides Pharma Science and ICICI Bank are on his watchlist, while Vishal Mega Mart remains a domestic consumption play worth tracking.
Rajputana Stainless IPO subscribed 30% on Day 1; QIB portion nearly full
The initial public offer of Rajputana Stainless Ltd, a manufacturer of long and flat stainless-steel products, got subscribed 30 per cent on the first day of bidding on Monday. The IPO received bids for 63,04,430 shares, as against 2,09,00,000 shares on offer, as per NSE data. The category for Qualified Institutional Buyers (QIBs) received 99 per cent subscription, while the quota for non-institutional investors fetched 65 per cent subscription. The portion for Retail Individual Investors (RIIs) got subscribed 4 per cent. The initial public offer has a fresh issue of up to 1,46,50,000 equity shares and an offer-for-sale of up to 62,50,000 equity shares. Price range for the offer has been fixed at Rs 116-122 per share. The IPO will conclude on Wednesday. Rajputana Stainless has raised Rs 10 crore from anchor investor Shine Star Build Cap. The firm manufactures a range of stainless-steel products, including billets, forging ingots, rolled black bars, rolled bright bars, flats, pat
Stocks to watch today: Coforge, L&T, M&M, KEC International, Ajanta Pharma in focus on May 6
Stocks in focus include Bajaj Auto, Brigade Enterprises, Blue Star, Godrej Consumer Products, Hexaware Technologies, Meesho, One 97 Communications, Shree Cement, Radico Khaitan, Raymond Lifestyle, Dhara Rail Projects, KRM Ayurveda, Macobs Technologies, Odyssey Technologies, Stylam Industries.