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Missed the FII U-turn? 6 stocks turned multibagger after foreign investors corrected their mistake
Foreign institutional investors (FIIs) reversed their selling trend in six select Indian stocks, turning them into multibaggers. Bajaj Consumer Care led the pack with a 265% surge after FIIs significantly increased their stake. Other beneficiaries include Acutaas Chemicals, SML Mahindra, Dee Development Engineers, United Foodbrands, and RateGain Travel Technologies, all witnessing substantial gains following FII re-entry. This shift highlights smart money's strategic course correction.
Stocks to Watch today: IRFC, Yes Bank, Ola, NLC India, Bajaj Auto, Infosys
Stocks to Watch today: IRFC, Yes Bank, Ola Electric, Bajaj Auto, Infosys, Tech Mahindra, City Union Bank, Rajesh Exports, PFC, Honasa Consumer are among other stocks that will be in focus today.
Stocks To Watch Today: HPCL, Honasa Consumer, Bajaj Auto, NLC India, IRFC & More
Here's a look at stocks that are likely to be in focus during the trading session on Wednesday.
Stocks in news: Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, Tata Motors
Indian markets experienced profit booking, falling over a percent amidst a weak global trend. Key stocks like Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, and Infosys are in focus due to significant developments. Vedanta saw a major promoter stake sale, while Honasa Consumer plans an acquisition. Bajaj Auto reported a ransomware attack, and IRCTC's CMD resigned.
LG Electronics remains Chola Securities' top pick in the consumer durables space
Dharmesh Kant, Head of Research at Chola Securities, believes Reliance Jio's upcoming IPO is fairly valued and could deliver 20-25% listing gains as investors assign a premium to emerging businesses such as AI, data centres and satellite services. He expects these segments to contribute more than half of Jio's revenue over the next decade. Kant is positive on consumer durables and LG Electronics, remains cautious on IT stocks beyond short-term trading opportunities, and sees limited structural upside in paint companies despite improving margins. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Jyothy Labs to expand Exo into broader dishwash franchise after Henkel brands exit portfolio
Jyothy Labs is strategically expanding its Exo dishwash brand into a comprehensive franchise following Henkel's exit from Pril and Fa licensing in India. The company remains cautiously optimistic about FY27 growth, focusing on premium products, innovation, and wider distribution despite inflationary pressures. New Exo variants are showing promising consumer response, aiming to boost sales and market share.
Nykaa shares extend gains after a thumbs-up from analysts on FY30 growth roadmap
Nomura said that evolving consumer preferences towards discovery-led and new-age brands are creating a favourable backdrop for Nykaa. The brokerage believes the company is well-positioned to capture a disproportionate share of premium lifestyle spending through its trusted platform, content ecosystem and portfolio of owned brands.
Premium push shields Gillette, Whisper makers as supply chain costs rise
High-margin offerings like sleep gummies and electric razors are helping the consumer goods majors offset severe raw material inflation triggered by the US-Iran conflict, a top executive said.
BNP Paribas turns selective on IT services as AI redefines the sector
Kumar Rakesh, Analyst - IT & Auto at BNP Paribas, said the outlook for the automobile sector remains healthy despite global uncertainties. According to him, fuel prices and inflation do not have a strong long-term relationship with vehicle sales, while consumer sentiment remains a key determinant of demand.
United Foodbrands among 6 consumer discretionary stocks that hit 52-week highs and rallied up to 70% in a month
A strong rally in Indian equities pushed several consumer discretionary stocks to fresh 52-week highs. United Foodbrands, Jay Bharat Maruti, Timex Group India, Sandhar Technologies, Goldiam International and SJS Enterprises scaled new peaks, reflecting robust investor confidence and positive momentum.
India restricts sale of high speed diesel and motor spirit from retail outlets
India has placed restrictions on institutional and commercial buyers of fuel. These customers must now source motor spirit and high-speed diesel from their own consumer pumps. The measure is in effect for an initial period of up to 90 days. Retail outlets are also limited to selling a maximum of 200 litres of high-speed diesel per customer or vehicle daily.
Ather Energy among 7 consumer discretionary stocks that hit 52-week highs & rallied up to 50% in a month
Seven stocks from the BSE Consumer Discretionary index defied Monday's downturn and scaled fresh 52-week highs. Companies including United Foodbrands, Stylam Industries, Thangamayil Jewellery and Ather Energy posted strong gains.