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Motilal Oswal prefers Amber and Dixon, stays cautious on Bata
Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services, remains cautious on Bata despite the appointment of a new CEO, citing market share losses and valuation concerns. He is positive on Amber Enterprises due to its Oppo manufacturing partnership and expects mobile operations to contribute meaningfully from FY28-FY29. He also sees upside in Dixon Technologies driven by the proposed Vivo joint venture. For Reliance Industries, easing inflation, strength in oil-to-chemicals and updates from the AGM remain key factors for investors. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Nykaa Shares in Focus: Motilal Oswal Cautious on Valuations; Maintains Neutral — Check Target Price
Motilal Oswal believes that beauty remains Nykaa's key value driver, benefiting from premiumisation, rising online penetration, omnichannel expansion and scaling owned brands such as Dot & Key.
Imagicaaworld to temporarily shut Khopoli water park from June 19 amid low dam water levels
Shares of Imagicaaworld Entertainment Ltd ended at ₹45.60, up by ₹2.11, or 4.85%, on the BSE.
Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal Oswal
Natural gas prices are climbing back up. This recovery is driven by lower stored gas, increased power sector use, and more US liquefied natural gas exports. Future growth is expected as new export facilities come online. Data centers are also becoming a new source of demand. The market is seeing a significant shift.
Essar arm secures $500 million crude and product facility from Abu Dhabi's IRH
Essar Energy Transition Fuels has partnered with Abu Dhabi's IRH Global Trading. A $500 million facility will diversify crude sourcing and product marketing for the Stanlow refinery. This agreement enhances feedstock security amid global energy market volatility. It also supports Essar's low-carbon energy ambitions. The deal strengthens supply chains and operational resilience for a key UK refining hub.
Lloyds Engineering Works soars 14%; stock up 117% from March low
The average trading volumes at the Lloyds Engineering counter jumped 7-fold with a combined 73 million shares representing 5% of total equity of the company changing hands on the NSE and BSE.
Motilal Oswal bullish on online travel portals
Motilal Oswal Financial Services has initiated coverage on online travel platforms Le Travenues Technology (Ixigo) and Yatra Online with a buy rating, while reiterating a buy on TBO Tek citing a structural uptrend in domestic travel and potential earnings growth as key drivers.
Motilal Oswal sees up to 30% upside in these three travel stocks; Here's why
The brokerage reaffirmed its 'Buy' recommendation on TBO Tek, while initiating coverage on Ixigo and Yatra Online with positive ratings.
Stable crude, strong metal demand and El Nino plays drive opportunities: Motilal Oswal's Khemka
Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services, says easing geopolitical tensions could keep crude oil prices stable, supporting oil marketing companies. He remains positive on GNG Electronics due to strong growth prospects in refurbished electronics and prefers Hindalco among aluminium stocks, citing a multi-year demand cycle. Khemka also sees long-term value in Manappuram Finance and believes Voltas and Varun Beverages could benefit from a potential El Niño-led heatwave.
Privi Speciality in Focus: Motilal Oswal Remains Bullish on Strong Growth Story — Check Target Price
The upcoming mergers with Privi Fine Science, Privi BiotechnologiesL and PRIGIV JV with Givaudaare expected to expand Privi's specialty aroma portfolio, which is expected to drive revenue growth, enhance earnings.
Exclusive | Why BSE wants options traders to think beyond the next expiry
After successfully reviving Sensex derivatives, BSE CEO Sundararaman Ramamurthy is now focused on shifting traders from weekly options to longer-dated contracts. Over the next three years, the exchange aims to boost participation in monthly and farther-expiry options, which it believes provide better hedging and help reduce market volatility during global shocks.
INR pares initial losses and settles largely unchanged
The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).