The BSE midcap index registered a rise of 0.5%, while the smallcap index saw a gain of 1%.
Rajiv Jain's GQG Partners, which had invested almost ₹1,350 Crore in Vi's anchor book, continued to back the FPO on Monday.
On April 19, Inox Wind secured an order for 210 MW of wind turbine generators (WTGs) from Hero Future Energies (HFE), including post-commissioning multi-year operations and maintenance services.
Revenue stood at ₹240,715 Crore, marking an 11.30% increase over the previous year.
BGR Energy Systems owed financial institutions a total of ₹3,758 Crore in outstanding debt, of which ₹1,400 Crore and ₹2,358 Crore were fund-based
The company reported that net profit for the quarter ended March 31 increased to ₹21,243 Crore, surpassing analyst projections,
According to M&M Finance's estimation, the fraud's financial impact is not expected to surpass ₹150 Crore.
Company | LTP(₹) | Change(%) |
---|---|---|
GRASIM | 2370.15 | +89.60 (3.93%) |
BHARTIARTL | 1342.35 | +44.80 (3.45%) |
NESTLEIND | 2501.25 | +42.55 (1.73%) |
MARUTI | 12996.25 | +210.75 (1.65%) |
Company | LTP(₹) | Change(%) |
---|---|---|
BHARTIARTL | 1342.3 | +43.85 (3.38%) |
MARUTI | 12993.7 | +215.00 (1.68%) |
NESTLEIND | 2499.55 | +40.40 (1.64%) |
HCLTECH | 1486.6 | +20.80 (1.42%) |
Company | LTP(₹) | Change(%) |
---|---|---|
SUNPHARMA | 1484.65 | -55.45 (-3.6%) |
BPCL | 593 | -10.45 (-1.73%) |
RELIANCE | 2918.65 | -41.05 (-1.39%) |
M&M | 2062.6 | -28.05 (-1.34%) |
Company | LTP(₹) | Change(%) |
---|---|---|
SUNPHARMA | 1483.75 | -55.85 (-3.63%) |
RELIANCE | 2918.5 | -42.10 (-1.42%) |
M&M | 2062.3 | -28.60 (-1.37%) |
TECHM | 1200.1 | -7.55 (-0.63%) |
All segments are expected to do well, except O2C.
Weak performance likely over the December 2023 quarter.
The stock trades at 11.7x EV/Ebitda and analysts of IIFL Securities estimate 17% Ebitda Cagr over FY24-27. Maintain ADD
~18% correction in stock price recently has taken care of multiple de-rating while attractive dividend yield (~4%) should provide downside support to valuations. Hence, analysts of IIFL Securities maintain BUY, but expect its discount to TCS to remain elevated in near term.
VNB margins were at 26.1% for Q4FY24, declining by 320bps YoY, driven by lack of operating leverage and change in new business profile. HDFCLI continues to focus on VNB growth driven by APE growth and is willing to trade incremental margins for better growth opportunities.
Amidst rich sector valuations, KKC, BHE, ABB continue to provide comfort on risk-reward.
Companies having exposure to the Discretionary segment (Dyes, Pigments and Polymers) performed better.
While Crompton’s core performance was strong, losses in BGAL led to flat PAT.
Trent continues to be an outlier, driven by aggressive store additions in Zudio as well as healthy SSS growth in its fashion concepts (Westside + Zudio).
MDF margins remained under pressure with GREENP and CPBI reporting 20% and 19% margins respectively in Q3.
Aditya Birla SL PSU Equity Fund (G) | 1 Yrs Returns 93.64 | NAV 32.88 |
SBI PSU Fund (G) | 1 Yrs Returns 93.35 | NAV 29.83 |
Invesco India PSU Equity Fund (G) | 1 Yrs Returns 84.78 | NAV 56.93 |
ICICI Pru PSU Equity Fund (G) | 1 Yrs Returns 81.97 | NAV 19.38 |
Quant Value Fund (G) | 1 Yrs Returns 78.13 | NAV 19.5584 |
DSP Credit Risk Fund (G) | 1 Yrs Returns 15.11 | NAV 39.7956 |
Nippon India Fixed Horizon-XLV-Sr.5 (G) | 1 Yrs Returns 8.58 | NAV 10.9279 |
TRUSTMF FMP - Series II (1196 Days) - Reg (G) | 1 Yrs Returns 8.37 | NAV 1089.6688 |
ICICI Pru Floating Interest Fund-Regular (G) | 1 Yrs Returns 8.09 | NAV 386.5155 |
DSP Floater Fund (G) | 1 Yrs Returns 8.02 | NAV 11.8828 |
Quant Dynamic Asset Allocation Fund-Regular (G) | 1 Yrs Returns 58.23 | NAV 15.8363 |
JM Aggressive Hybrid Fund - (G) | 1 Yrs Returns 52.81 | NAV 109.5538 |
ICICI Pru Retirement Fund - Hybrid AP (G) | 1 Yrs Returns 49.20 | NAV 22.26 |
Quant Multi Asset Fund (G) | 1 Yrs Returns 48.45 | NAV 128.0823 |
Bank of India Mid & Small Cap Equity & Debt Fund (G) | 1 Yrs Returns 47.60 | NAV 33.86 |
Quant ELSS Tax Saver Fund - Regular (G) | 1 Yrs Returns 61.56 | NAV 368.3237 |
SBI Long Term Equity Fund (G) | 1 Yrs Returns 59.87 | NAV 380.5506 |
Motilal Oswal ELSS Tax Saver Fund (G) | 1 Yrs Returns 58.48 | NAV 42.9601 |
Bank of India ELSS Tax Saver (G) | 1 Yrs Returns 54.93 | NAV 154.56 |
ITI ELSS Tax Saver Fund (G) | 1 Yrs Returns 53.52 | NAV 21.4417 |
ICICI Pru Nifty PSU Bank ETF | 1 Yrs Returns 84.76 | NAV 71.71 |
Kotak Nifty PSU Bank ETF | 1 Yrs Returns 84.36 | NAV 709.75 |
Nippon India ETF Nifty PSU Bank BeES | 1 Yrs Returns 84.24 | NAV 79.16 |
ICICI Pru Nifty Financial Services Ex-Bank ETF | 1 Yrs Returns 44.34 | NAV 23.59 |
DSP Nifty Bank ETF | 1 Yrs Returns 14.60 | NAV 48.23 |
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Bulk of the fresh flows into stocks in March 2024 were led by the mainboard IPOs.
While MF were net sellers in debt, there were some smart equity accumulation stories too.
FPIs were net sellers of $2.23 Billion this week, as the global geopolitical situation deteriorated.
The week saw the markets gradually shifting towards just one rate cut expectation for 2024.
The message for the week was that rate cuts are ruled out for the time being.
Sheetal Agarwal of IIFL caught up with the management of the IPO-bound company to know more about its plans. Edited excerpts.
In conversation with Sheetal Agarwal of IIFL, management of the company explains its strengths, growth strategy and listing plans.
Sheetal Agarwal of IIFL caught up with management of the company, which is launching India's largest SME IPO. Edited Excerpts:
Sheetal Agarwal of IIFL in conversation with management of the IPO bound company. Edited Excerpts:
Sheetal Agarwal of IIFL brings you an insightful conversation about the relevance of ELSS investments today. Edited excerpts:
No Record Found
Script Name | Put | Call | Ratio |
---|---|---|---|
NIFTY | 134,658 | 134,172 | 1.00 |
AARTIIND | 2,181 | 3,572 | 0.61 |
ABB | 342 | 918 | 0.37 |
ABBOTINDIA | 8 | 32 | 0.23 |
Script Name | Put | Call | Ratio |
---|---|---|---|
NIFTY | 134,658 | 134,172 | 1.00 |
AARTIIND | 2,181 | 3,572 | 0.61 |
ABB | 342 | 918 | 0.37 |
ABBOTINDIA | 8 | 32 | 0.23 |
Since March 2022, when the Fed hawkishness first manifested, the Fed has hiked rates by 375 basis points. However, till June 2022, inflation was on the ascendant, when the US consumer inflation peaked at 9.1%. Since then, the inflation has gradually tapered from 9.1% to 7.7%. While a 140 bps fall may not sound substantial, what is notable is that in October 2022, the consumer inflation was lower than the consensus street expectation.
Mahindra & Mahindra Financial Services (M&M Finance), which posted better-than-expected profits for the September quarter, increased by as much as 10% during early trade on Thursday.
Steelcast announced that the Board of Directors of the Company at its meeting held on 20 October 2022, has recommended a Second Interim dividend of Rs.1.35 per share (i.e.27%), subject to the approval of the shareholders
T. Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), announced on Wednesday that the central bank will introduce its digital currency as a pilot project this year.
You can invest in 11 different sectors in the stock market. This type of industry categorization helps the portfolio manager create a diverse portfolio and allocate funds more efficiently.
Nifty and Sensex are benchmark index values for measuring the
overall performance of the stock market. Nifty is the Index used
by the National Stock exchange, and Sensex is the Index used by the Bombay Stock Exchange.
From equities to IPO, invest in instruments with just a tap and achieve all your financial goals.
IIFL Securities Demat account flawlessly integrates with your trading & bank account for the best trading experience.
Your Demat account includes recommendations from our top-notch research team to help you choose the best investment.
IIFL Securities offers custom portfolio management services based on your risk appetite to maximize your financial goals.
The Demat account also includes various tools like options strategy builder, algo trading etc for ease of trading.
With an IIFL Securities Demat account, you will get a chance to bid for the IPO before it has even opened for subscription.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.