PNB Housing Finance shares rally 11% after strong Q2 results
PNB Housing Share Price: PNB Housing Finance shares climbed 11% to Rs 1,035 after posting a 23% YoY rise in Q2 FY25 net profit to Rs 470 crore, attributed to improved asset quality and reduced GNPA ratio. Net interest income grew modestly, while net interest margin showed slight improvement.
IREDA, RVNL among 12 midcap multibaggers since last Diwali. 10 gems for next Samvat
Analysts suggest a cautiously optimistic approach for Indian equities amid current market corrections. Top stock picks from Fisdom Research include HCL Technologies, IndusInd Bank, Max Healthcare Institute, Kalyan Jewellers, and Crompton Greaves Consumer Electricals, each with considerable growth potential and key technical and fundamental triggers.
Paytm shares rally nearly 11% in a week. Is the worst behind?
Paytm shares rise nearly 11% in one week after securing NPCI approval for onboarding new UPI users and reporting a net profit of Rs 928.3 crore for Q2 FY2024, bolstered by a one-time gain from selling its entertainment ticketing business. Analysts highlight significant business and profitability improvements.
ITC shares jump over 1% after Q2 earnings. Here’s what analysts say
Shares of FMCG major ITC surged 4% to a day’s high of Rs 490 on the BSE on Friday, following the company’s announcement of a nearly 16% increase in revenue to Rs 22,282 crore for the quarter ended September 2024. While net profit rose marginally to Rs 4,993 crore—up 2%—it fell short of Street estimates […]
Is it time to buy the dip in banks? Sandip Sabharwal answers
It is important that RBI starts using policy now because otherwise the stress will rise further. But nevertheless, this was something which was expected. Now, credit costs for banks have been going up.
ETMarkets Smart Talk: Axis Bank, Zomato among top 8 picks for Samvat 2081, recommends Shrikant Chouhan
In the near term, the markets may remain volatile amid geo-political conflict, upcoming US Presidential elections and Q2FY25 result season.
Fund Manager Talk | How Bajaj Finserv AMC’s Sorbh Gupta is tweaking portfolio for Samvat 2081
Over the last three years, the drivers of domestic demand have been urban consumption and premiumisation. This is changing. From here on, domestic demand – will be driven by a recovery in rural demand and a pickup in mass consumption. A good monsoon and a bumper kharif harvest are expected to improve farm incomes. Furthermore, […]
Positive Breakout: These 5 stocks close cross above their 200 DMAs
In the Nifty200 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 24, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
Q2 results today: Coal India, IndiGo among 149 companies to announce earnings on Friday
Today, 149 companies will announce their July-September 2024 earnings. Important results include Coal India, JSW Steel, Bharat Electronics, IndiGo, and Bank of Baroda. IndiGo may report losses, while JSW Steel’s profits are expected to fall significantly. Investors and analysts are keenly awaiting these updates to assess market performance.
Positive Breakout: These 5 stocks close cross above their 200 DMAs
In the Nifty200 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 24, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]