Stocks To Buy: HSBC recommends five picks for up to 38% upside potential

From Trent to Godrej Consumer Products and SBI, here is a look at the five stock picks that HSBC has recommended for a potential upside of up to 38%.

From Trent to Godrej Consumer Products and SBI, here is a look at the five stock picks that HSBC has recommended for a potential upside of up to 38%.

The MSCI Asia Pacific Index rose 0.5%, helped by a 1.3% rise in the Nikkei-225 index. Sony Group Corp. and Softbank Group Corp. led the gains after reporting earnings. Contracts for US stocks edged higher. Treasuries were little changed while…

DCX Systems reported a 61% growth in its topline during the June quarter, in comparison to the same quarter last year, while its net profit grew by 38%. Data Patterns’ revenue growth though, missed expectations.

Besides Sona BLW and Thermax’s exclusion from the Standard index, six stock, Bharat Dynamics, Easy Trip Planners, Hikal, Jain Irrigation, MSTC and Protean e-Gov Technologies have been excluded from the Smallcap index.

Worries are high that Trump’s tariffs are damaging the economy, particularly after last week’s worse-than-expected report on the job market. But hopes for coming cuts to interest rates by the Federal Reserve and a torrent of stronger-than-expected profit reports from…

Fintech platform Pine Labs, which is preparing to launch its initial public offering (IPO), on Thursday announced the appointment of Sameer Kamath as its Chief Financial Officer (CFO).

Revenue from operations, however, grew 1 4.8% YoY to ₹3,942 crore, against ₹3,433 crore in the year-ago period. This figure too fell short of the CNBC-TV18 poll, which had pegged revenue at ₹4,096.2 crore.

The company’s revenue from operations increased 19.9% to ₹121.6 crore as against ₹101.4 crore in the corresponding period of the preceding fiscal. Shares of CE Info Systems Ltd ended at ₹1,760.50, up by ₹9.65 or 0.55% on the BSE.

Net interest income (NII) grew 16.8% to ₹132 crore against ₹113 crore in the same period of the previous fiscal. Shares of Max Financial Services Ltd ended at ₹1,504.30, up ₹14.70 or 0.99%, on the BSE today (August 7).

The defence and aerospace electronics systems provider said its net profit fell to ₹25.5 crore for the quarter ended June 30, from ₹32.8 crore a year earlier.