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Stocks to Watch for June 10: Bharti Airtel, Indigo, Ajanta Pharma, OMC stocks and more
Bharti Airtel gains relief after the Bombay High Court quashed OTSC demands, while IndiGo remains in focus following a 10% hike in aviation turbine fuel prices. Ajanta Pharma sees a promoter stake sale via a block deal, the government expands NLC India's OFS, and Dixon Technologies plans a telecom manufacturing joint venture with Gemtek. Here are the key stocks to watch ahead of Wednesday's trading session.
Air India's foundations rebuilt, but aircraft delivery delays hurt growth plans: Campbell Wilson
Air India's CEO Campbell Wilson is stepping down. He states the airline has rebuilt its foundations. However, aircraft delivery delays and supply chain issues have impacted transformation and growth plans. Wilson expressed disappointment over these external factors. The next phase for Air India will focus on expansion with new aircraft deliveries expected.
IndiGo share price jumps over 4% after brokerages maintain bullish view on the aviation stock
InterGlobe Aviation shares rose over 4% on 9 June after brokerages endorsed a positive outlook following its Investor Day. Analysts focus on IndiGo's long-term growth strategies, including ambitious passenger and fleet expansion targets for FY30, despite short-term challenges like rising fuel costs.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades lower; IndiGo in focus
Sensex Today | Stock Market LIVE Updates: For the bulls, holding on to 23,000 on the downside for the Nifty will be key to preventing the index from declining further to levels of 22,700. On the upside, the index will first aim to cross the 23,250 - 23,300 zone before attempting to retest the 23,500 mark.
Stocks to Watch for June 9: NLC India, RVNL, Bharti Airtel, Vodafone Idea and more
From RVNL securing a ₹221 crore EPC contract to JSW Energy commissioning a wind blade manufacturing facility in Gujarat and Grasim approving a ₹3,094 crore expansion of its Lyocell business, here are the stocks set to remain in focus ahead of Tuesday's trading session.
Kiwi targets Rs 5,000 crore premium book with AI-led insurance model
A new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans to use AI to transform the industry. The company will focus on reducing transaction times and costs. It aims to achieve this by redesigning processes from scratch. Kiwi General Insurance will initially focus on motor insurance.
Adani Ports shares in focus as company bags 10-year marine services contract for Argentina's first LNG export project - Mint
Adani Ports shares in focus as company bags 10-year marine services contract for Argentina's first LNG export projectMint
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitions
IndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on international expansion, long-haul operations with new aircraft, premium travel offerings, and growing cargo and ancillary revenues to become a global aviation player.
Chola Securities' Dharmesh Kant sees BFSI earnings revival; likes IndusInd Bank, Axis Bank
Despite recent market volatility, Dharmesh Kant, Head Research at Chola Securities, believes investors should focus on bottom-up stock picking. He expects the banking and financial sector to emerge as a key earnings driver as stable interest rates support margins and treasury income. Among his preferred ideas are Aurionpro Solutions, Tata Technologies, IndusInd Bank, Axis Bank, Bank of India and Aadhar Housing Finance. He also remains positive on the long-term growth prospects of exchanges, AMCs and other capital market plays. 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.
Dividend Stocks To Watch This Week: Infosys, ACC, Adani Ports, Tata Steel, Tata Motors, Trent In Focus — Check Amount, Payment Date
Infosys is offering Rs 25 per share, while Indian Bank is paying out Rs 18.25 per share.
I Squared Capital explores India-focused vehicle with upto 5,000 cr corpus
I Squared Capital would focus on sectors such as transport & logistics, energy transition, digital and environmental infrastructure, social infrastructure and other related enabling services
Sterlite Tech in focus; stock zooms 111% in 1 month; up 670% from Jan low
The stock price of the telecom equipment & accessories company was frozen at the upper circuit for the ninth straight trading day, surging 55 per cent during the period.