Analyst sees upside in IRCTC, Bank of Baroda, APL Apollo and Indus Towers
On Wednesday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.
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India is JPMorgan’s top pick in Asia; Brokerage closes bearish calls on midcaps, smallcaps
JPMorgan’s Rajiv Batra attributed the recent fall in the equity markets to both, a de-rating of the Price-to-Earnings multiples and a cut to Earnings per Share (EPS) estimates as well.
Granules India’s loss is which pharma company’s gain?
Investec analysed Granules’ on-market US product portfolio and saw companies that have product overlap with Granules. It said that based on its June quarter disclosures, the US formulations sales for Granules are in excess of $250 million and most of…
Marketbuzz Podcast with Kanishka Sarkar: Market likely to open lower on mixed global cues, defence stocks in focus
Marketbuzz Podcast: GIFTNifty was lower this morning indicating a start in the red for the Indian market, after stocks in Asia declined following South Korea’s political turmoil triggered by a brief imposition of martial law caught global investors off guard.…
Granules India says new product approval from Gagillapur could be impacted post USFDA action
Robust corrective and preventive actions (CAPAs), oversight by an independent third party, continued product testing for risk assessment and regular monthly progress updates to the US drug regulator are some of the steps that Granules plans to take as part…
JSW Infra’s premium valuations are justified, Investec says, projecting a 15% upside
JSW Infrastructure is likely on track to deliver more than 20% CAGR in revenue and EBITDA during FY24-30, based on currently announced projects.
Suraksha Diagnostic IPO allotment likely on December 4: Steps to check status on BSE, NSE and Kfin Tech
The listing of Suraksha Diagnostic Ltd shares on the NSE and BSE has been scheduled for December 6.
Brokerages launch features to encourage safer derivatives trading
These initiatives come at a critical time when derivatives trading has become both a high-risk and high-reward avenue for retail investors.
This Mutual Fund cut its stake in Deepak Nitrite by half on Tuesday
The fund sold 7.6 lakh shares of Deepak Nitrite on Tuesday at an average price of ₹2,653.22 per share. The number of shares sold amounts to 0.55% of the company’s outstanding equity.
Defence stocks like Bharat Dynamics, HAL, shipbuilders get a ₹21,772 crore boost
The DAC also approved procuring the Electronic Warfare Suite (EWS) comprising of external Airborne Self protection Jammer pods, next generation radar warning receiver and associated equipment for the Su-30 MKI aircraft.