Axis MF cautious on IT and metals, sees opportunity in selective growth stocks

Karthik Kumar, Fund Manager at Axis Mutual Fund, which manages nearly $38 billion in assets, expects weak global cues and an uncertain outlook to weigh on IT and metals.

Karthik Kumar, Fund Manager at Axis Mutual Fund, which manages nearly $38 billion in assets, expects weak global cues and an uncertain outlook to weigh on IT and metals.

According to available data, 90% of the AC sales volumes are for models that are two tonnes or less.

Helmed by a doctor-promoter family, Dr. Agarwal’s is India’s largest eye care hospital chain, with a surgical sales mix of 65%, Kotak wrote in a recent note.

In February this year, the company had approved its third interim dividend worth ₹150 per share, following up a dividend payout of ₹250 per share that it had announced in November 2024.

ICICI Securities prefers JSW Steel and Tata Steel among large players, and Shyam Metallics in the smaller segment.

TCS Share Price | TCS said it will deploy the trading solution of TCS BaNCS, which will help ICICI Securities improve the agility of its platform and provide customers with an intuitive, state-of-the-art trading and wealth creation experience tailored to…

Groww, India’s largest brokerage firm, recorded the steepest decline, with its active client base falling to 1.29 crore in the March 2025 quarter from 1.32 crore in December 2024 quarter, marking a drop of 2.37 lakh investors.

The company said is taking all necessary measures to resolve the issue and is confident to come to a resolution within a very short span of time and normalise the production.

Bernstein sees better value in large private banks compared to NBFCs at current valuations.

360 ONE WAM’s board also approved the strategic collaboration term sheet with UBS AG to make wealth management solutions available to domestic and global clients.