Colgate-Palmolive shares gain 1.02% as Sensex rises
A total of 8,933 shares changed hands on the counter till 12:17PM (IST)
A total of 8,933 shares changed hands on the counter till 12:17PM (IST)
On the technical charts, the 200-day moving average of the stock stood at Rs 26444.38.
The industrial and warehouse logistics park supply in India's major markets is set to grow by 13-14% in 2024-25, reaching 424 million sq ft. Absorption rates are expected to rise, supported by e-commerce expansion and government focus on manufacturing. Grade A warehouse stock to increase by 19-20%, with stable credit profiles for operators.
On the technical charts, the 200-day moving average of the stock stood at Rs 5290.32.
Financials, I already spoke about. Power and power equipment is something that we really like because we think that in the wind and in solar we could see doubling of capacity in the next three-four years.
A total of 5,369 shares changed hands on the counter till 12:02PM (IST).
Five Army personnel were killed and as many injured on Monday when a group of heavily-armed terrorists ambushed a patrolling party in Badnota area in Kathua. A massive search operation has already been launched to hunt down terrorists responsible for the attack. "I am deeply anguished at the loss of five of our brave Indian Army Soldiers in a terrorist attack in Badnota, Kathua (J&K)," the defence minister said on X.
The stock traded at a P/E multiple of 60.53, while the price-to-book value ratio stood at 9.02.
A total of 366 shares changed hands on the counter till 11:52AM (IST).
Amid consolidation in the sector, Housing.com cofounder Advitiya Sharma's edtech startup Genius Teacher, a quiz-based e-learning platform focussed on the K-12 category, was acquired by Schoolnet. The segment has seen multiple deals over the past year. Genius Teacher has raised nearly $3 million since inception.
Domestic brokerage firm KRChoksey has a strong conviction on 6 stocks
HDFC Bank scheduled downtime on July 13: HDFC Bank will perform a system upgrade on Saturday, July 13, 2024, to improve the speed and performance of customer banking experiences, increase capacity for high traffic, and enhance overall reliability.
On the technical charts, the 200-day moving average of the stock stood at Rs 1548.98.
HDFC Mutual Fund will restrict SIPs and discontinue lumpsum investments in the HDFC Defence Fund from July 22. The fund raised Rs 1,000 crores in a defence-focused NFO, targeting defence companies. Managed by Abhishek Poddar, it is benchmarked against Nifty India Defence Index TRI. Minimum investment is Rs 100 with a 1% exit load if redeemed within a year.
So, the largecaps look fine. The problem is when you go to midcap and smallcap, their five-year CAGR is 30% and earnings have not been there, so they have had a significant re-rating.
The stock quoted a 52-week high price of Rs 234.15 and a 52-week low of Rs 107.55.
The animation stated, "Cartoon Network is essentially dead and other big animation studios are not far behind. What happened to all the animation workers? Many are unemployed in record numbers, with some jobless for over a year, despite carrying the industry during the pandemic. When Covid first hit, animation was able to operate completely remotely, making it one of the only forms of entertainment that could continue production uninterrupted. But studios repaid them by cancelling projects, outsourcing jobs... Читать дальше...
Affle (India) shares surged 7% to Rs 1,461.1 on BSE after Citi initiated a 'Buy' rating with a target price of Rs 1,600, suggesting a 17% potential upside. Citi expects Affle to benefit from rising mobile-ad budgets in India and EM.
A timeless and traditional choice symbolising love and auspiciousness in Indian culture.
Indian banks are forecasted to experience softer growth in the June quarter, with 14-16% earnings growth YoY. Motilal Oswal predicts NII growth for HDFC Bank by 28%, ICICI Bank by 7%, and Kotak by 15%. Axis Securities sees public sector lenders growing 11% YoY. Asset quality remains steady.
The Stag beetle, priced at Rs 75 lakh, is a rare and threatened species in Europe. London's Thames Valley region is a stronghold for these impressive insects. Learn about their habits, lifespan, and why encountering them is not a cause for alarm.
Foreign investors drove record highs in Indian stocks, buying $4 billion since June. Modi policy concerns eased as NSE Nifty 50 hit new highs. Strong domestic flows and possible central bank rate easing bolstered economic confidence, notes HDFC’s Deepak Jasani. China’s uneven recovery and US election risks supported India’s $28 billion domestic inflows.
On the technical charts, the 200-day moving average of the stock stood at Rs 2375.62.
REC and PFC are not expensive and given the kind of balance sheet strength that they have created and the kind of liability franchise that they have, these companies would eventually have far better performance to talk about. The next five years could belong to lenders like REC, and PFC in India, says Deven Choksey.