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Stocks to buy for short term: From Jio Financial to Hero MotoCorp - Jigar Patel of Anand Rathi recommends 3 shares
Stocks to buy for short term: Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, recommends three stocks to buy for the short term, highlighting their ideal buying range, target prices, and stop losses.
Stocks to buy for short term: From Jio Financial to Hero MotoCorp - Jigar Patel of Anand Rathi recommends 3 shares - Mint
Stocks to buy for short term: From Jio Financial to Hero MotoCorp - Jigar Patel of Anand Rathi recommends 3 sharesMint
Kotak Mahindra Bank Q4 Results: PAT jumps 13% to Rs 4,026.55 crore, NII rises 8%
Kotak Mahindra Bank Q4 Results: Kotak Mahindra Bank on Saturday reported a net profit of Rs 4,026.55 crore for the March quarter of FY26, marking a jump of 13.3% from Rs 3,552 crore posted in the corresponding quarter of the previous financial year.
'Demand for Maruti cars healthy in local market despite global challenges,' says senior executive Partho Banerjee
Maruti Suzuki anticipates strong growth this financial year. Demand for its cars remains high, exceeding supply. The company plans to increase production to meet pending orders. New capacity additions are underway. Maruti Suzuki aims to grow faster than the industry, introducing new products to capture market share. This expansion is supported by favorable economic conditions.
Maruti Suzuki sees double-digit growth in FY27 as demand holds firm despite West Asia tensions
Maruti Suzuki anticipates strong growth this financial year, aiming for over 10 percent. Domestic demand remains robust, exceeding supply. The company is expanding production capacity to meet pending orders. Positive economic factors like GST cuts and lower interest rates are boosting sales. Maruti Suzuki is also diversifying export markets to mitigate geopolitical risks.
Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in April
Indian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record performances. The industry benefited from GST 2.0, repo rate cuts, and income tax relief. Overall domestic sales saw a significant increase, indicating a positive start to the financial year for the automotive sector.
Gujarat Cotex to raise nearly Rs 43 cr through rights issue
Gujarat Cotex is set to raise approximately Rs 43 crore through a rights issue to fund its expansion projects, including a new premium hotel. The issue, offering six shares for every one held, opened on April 10 and closes May 8. Proceeds will also bolster the company's financial standing as it diversifies into real estate, hospitality, and agri-commodity trading.
At least five upgrades drives Mahindra Group stock to best day in four years
For the quarter, Mahindra & Mahindra Financial reported a 24% growth in its core income, while net profit grew by 55% from last year despite higher provisions. The management also maintained its growth guidance of 16% to 18% year-on-year.
Q4 Results Live Updates: Oracle Financial Declares Bumper Dividend Of Rs 270/Share As Profit, Revenue Jump
SBI Life Insurance Co., Trent Ltd., Tech Mahindra Ltd., L&T Technology Services Ltd. and Havells India Ltd. are among companies reporting earnings on Wednesday, April 22.
Smallcap stock Rolex Rings share price rockets 26% in two days ahead of board meet to consider buyback
Rolex Rings shares surged nearly 9% as the company's board is set to consider its first-ever share buyback on April 23. The stock has seen a significant 35% rise in just six sessions, fueled by the buyback announcement and strong Q3 financial results. The company reported a 136% jump in net profit and improved EBITDA margins.
Bank asset quality steady, loan growth strong; HDFC Bank may see re-rating: MOFSL
Nitin Aggarwal, Senior Group VP and Head of BFSI, Institutional Equities at Motilal Oswal Financial Services Limited (MOFSL) highlights stable asset quality, strong loan growth across ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank, while flagging margins and earnings recovery as key factors to watch in the banking sector.
Siemens among 5 F&O stocks with surge in futures open interest
Futures open interest in several NSE F&O stocks saw a sharp uptick as of April 15, with five counters registering over 15% growth compared to the previous session, signalling fresh position build-up. Stocks like Godfrey Phillips India, Motilal Oswal Financial Services, Siemens, Force Motors and Astral led the surge, indicating increased trader participation and heightened activity in the futures segment.