Mumbai: Motilal Oswal Financial Services said that it continues to expect steady ordering activity in the power transmission and distribution (T&D) space. The capex-intensive nature of the value chain and high entry barriers for new players should restrict competition to a few players having control over the supply chain, it said. The scope for margin … Read more
(This story originally appeared in on Apr 10, 2024) MUMBAI: An army of retail investors has found a strong footing on Dalal Street over the last decade thanks to a bullish market and a pandemic-driven digital push. In April 2015, India had just over 2 crore individual demat accounts – the actual number of investors … Read more
The shares of Tac Infosec listed at a premium of 173.6% on the NSE SME platform on Friday. The stock debuted at Rs 290 as against an issue price of Rs 106. Ahead of the listing, Tac Infosec’s shares were trading with a premium of Rs 115 in the grey market. The IPO, which was … Read more
Hero MotoCorp. Share Price 4684.00 03:59 PM | 22 Mar 2024 164.11(3.64%) Maruti Suzuki India. Share Price 12337.70 03:59 PM | 22 Mar 2024 429.56(3.61%) UPL. Share Price 470.00 03:59 PM | 22 Mar 2024 14.45(3.18%) Apollo Hospitals Enterprise. Share Price 6375.90 03:58 PM | 22 Mar 2024 193.40(3.13%) Sun Pharmaceutical Industries. Share Price 1608.90 … Read more
MUMBAI: Brokerage executives and the thousands of bright young people that run Mumbai’s buzzing dealing rooms and research, sales and product desks will likely get record incentive payouts and bonuses this year, matching the handsome rewards for both D-Street veterans and recent converts to the equity culture through a period of unprecedented gains for India’s … Read more
Mumbai: Traders are gearing up for a short-term run-up in banking stocks. The Bank Nifty has risen for four consecutive weeks, outperforming the Nifty, while there has been an increase in outstanding positions in its derivatives contracts. Analysts said when the Bank Nifty performs better than the Nifty for four straight weeks and its futures … Read more
Mumbai: The sizzling rally in shares of Bombay Stock Exchange has catapulted it to becoming the best- performing listed bourse in the world in the past year. Continued surge in trading volumes and signs of its equity derivatives segment picking up have driven shares of Asia’s oldest stock exchange by over 400% from the same … Read more
It was yet another strong quarter for India Inc as most companies reported better-than-expected numbers for the three months ended December, triggering further upgrades in earnings. Earnings of companies that are part of the Nifty 50 grew by 17% year-on-year (YoY), against expectations of an 11% growth, according to Motilal Oswal Financial Services. However, the … Read more
While the overall outlook for corporate India is promising, short-term volatility cannot be ruled out, given general elections are coming up. Synopsis For the sample of 3,381 companies, revenue grew 8.2% Y-o-Y in the quarter compared with a 17.3% rise in the year-ago period. Net profit rose 25% on a lower base of 2.2% growth … Read more
The central government has complete power with a clear mandate, but directives from the Centre have to be executed well at the state level. So, there are many things that are still not in Modi’s hands, says Raamdeo Agrawal, Joint Managing Director, Motilal Oswal Financial Services in an interview with Narendra Nathan and Sanket Dhanorkar. … Read more
