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Edelweiss
Bullish sentiment could take Nifty to 17,000: Analysts
Technical analysts expect the Nifty to head higher after gaining 4% last week to close at 16,719.45 on Friday. Volatility levels have receded, giving confidence that the bullish sentiment is likely to continue. Analysts see the Nifty rising…
ICICI Bank Q1 preview: Profit may jump 40%, NIM may expand QoQ
is likely to report nearly 40 per cent rise in year-on-year (YoY) net profit on a 20 per cent jump in net interest income (NII). Net interest margin (NIM) may see a marginal rise, a few brokerages anticipate.
Brokerage Sharekhan expects…
Kotak Bank Q1 preview: Profit may surge up to 45%; NIM may fall sequentially
Domestic brokerage Sharekhan expects to report a 37.50 per cent YoY rise in net profit at Rs 2,257 crore compared with Rs 1,642 crore in the same quarter last year. NII is seen rising 15.9 per cent YoY to Rs 4,567 crore from Rs 3,942 crore…
Sai Silks (Kalamandir) likely to file draft papers for Rs 1,000-1,200 crore IPO soon
Mumbai: Sai Silks (Kalamandir), a Hyderabad-based apparel retailer, is planning to soon file draft documents with the Securities and Exchange Board of India (Sebi) for an initial public offering, said bankers in the know. The company plans…
Are stocks reasonable or expensive? Here’s what Nifty valuations suggest
Nifty50 valuations, based on various parameters, look slightly expensive at present. Analysts believe while there are likely chances of earnings downgrades ahead, they see the market gradually moving higher.
Vinay Khattar of Wealth said…
HUL Q1 Preview: Profit, sales may rise in double digits; volume growth seen at 3-4% YoY
() is likely to report double-digit growth in both sales and profit in the June quarter. Higher input cost may hurt margin, analysts said, while pegging volume growth at 3-4 per cent for the quarter.
Kotak Institutional Equities expects…
Now’s the time to bond with beaten-down chemical stocks
Mumbai: Chemical producers may post moderate profits in the June quarter, but investors could consider buying some of the beaten-down names in the sector. SRF, , , , , , , and are among analysts' top picks in the sector.
Shares of various…
2 stocks that may contribute 65% of incremental Nifty earnings in Q1
If we go by what Securities says, two companies, namely and , are expected to contribute up to 65 per cent of the incremental earnings in the June quarter.
Motilal Oswal said, excluding the two companies, net profit for Nifty50, as a…