“It may prevail for a couple of more quarters as well but these are the new high growth emerging sectors, the QSR especially the very high growth emerging as category, they will have a very superior growth for a long period of time and because of that I think it is a good time to … Read more
“Every bull market provides its leadership like I said. We do not know what the next bull market will be like,” says Ramesh Damani, Member, BSE.You have always said that the definition of a good business is that it should serve a purpose. It should solve a problem. It should be scalable and it should … Read more
ET Intelligence Group: Investors can consider investing in the initial public offering (IPO) of Kolkata-based Apeejay Surrendra Park Hotels. Presence in prime locations, highest occupancy in the industry, following a conscious strategy of pricing its rooms more attractively than its peers, well-calibrated expansion and reasonable valuation are among the key factors investors can consider while … Read more
India has been the fastest-growing major economy for the third successive year. Despite global headwinds, including geo-political realignment, India’s economy would continue its strong and resilient growth of 6.7% in FY 2024 and 6.2% in FY 2025. The first Advance Estimates of National Income 2023-24 placed macro-economic growth at 7.3% in FY 24 vis-a-vis 7.2% … Read more
“I think right from the very beginning, when the preparations for this budget started, honourable PM was very clear and the guidance which we had was very clearly to give a direction towards the next 5 years, 10 years and so on,” says Nirmala Sitharaman, Finance Minister.Navika Kumar: Being a woman and making it to … Read more
Tata Motors Ltd is slated to release its earnings for the quarter ended December later today, and Dalal Street is foreseeing a robust performance from the automaker. Robust demand for passenger and commercial vehicles in India, growth in volumes for JLR, easing raw material costs, a richer product mix, and operating leverage benefits are likely … Read more
Consumer discretionary major Titan Ltd will report its third quarter results today and if we go by the pre-quarter update, the company is expected to post strong growth in both bottom line and top line. Titan said its standalone grew 22% year-on-year in the third quarter. Here’s what to expect from Titan’s Q3 Core earnings … Read more
Fintech major PB Fintech, which operates and runs policybazaar, will report its third quarter results today. Analysts expect the company to report healthy revenue growth along with first-ever quarterly profit. The revenue is expected to rise 34% year-on-year, led by protection business due to operating leverage and normalised advertising spends. The profit is expected to … Read more
Mumbai: Bajaj Finance, India’s largest non-banking finance company by assets, reported a 22% increase in net profit for the quarter ended December 2023 to ₹3,639 crore from ₹2,973 crore a year earlier, driven by strong loan growth. Assets under management (AUM) grew 35% to ₹3.10 lakh crore during the quarter from ₹2.30 lakh crore a … Read more
Mumbai: Mutual fund managers have consistently purchased about 70 mid-cap stocks over each of the past six quarters, even amidst the volatile fluctuations in the stock market. Among them, about 20 stocks, including Zee Entertainment, FSN E-commerce, Restaurant Brand, GMM Pfaudler, Karnataka Bank, Prince Pipes and others, could give minimum returns of 10% over the … Read more
