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Stocks to Buy : Indian Hotels Company , CDSL , Welspun Enterprises , Sterling and Wilson Renewable Energy (SWSOLAR) are the four stock picks by Yes Securities for the month of May'2024. They anticipate up to 30% upside for these stocks Continue Reading »
Energy Mission Machineries IPO opens for subscription on May 9 and closes on May 13, with a price band of ₹131-138 per share. The firm provides metal fabrication solutions to various sectors using CNC, NC, and traditional metal forming equipment. Continue Reading »
FPIs sell ₹8,671 crore of Indian equities in April, concentrating on IT, financials, and FMCG shares. They continue buying in Telecom and Capital Goods sectors. Overall, FPI equity portfolio in India rose to ₹66.27 lakh crore by April 30. Continue Reading »
Global brokerage Citi Research sees potential for nearly 100% upside in Vodafone Idea stock, setting a target price of ₹25. Key assumptions include higher tariff hikes, subscriber additions, decline in AGR debt, and improved net debt/EBITDA ratio by FY28E. Continue Reading »
Hitachi Energy India's stock soared by 1235% from its 2020 low, with impressive annual returns. The company, a key player in the energy sector, is strategically positioned to benefit from India's energy transition. Goldman Sachs foresees significant growth potential for Hitachi Energy in India. Continue Reading »
Paytm share price is rising after the newsbreak of Epay, which agreed to leverage its license to assist Paytm in onboarding new customers, say experts Continue Reading »
Sula Vineyards, India's largest wine producer, saw a 5.60% drop in shares to ₹511.60 apiece amid negative investor response to Q4FY24 earnings. The company's profit for the March quarter was affected by the increase in raw material prices. The PAT declined by nearly 5% YoY to ₹13.55 crore in Q4. Continue Reading »
Positive management commentary on the FY25 demand outlook brightens prospects for the domestic FMCG sector. Experts optimistic about rural demand revival and potential agri-sector growth, recommending stocks like Dabur, ITC, and Godrej Consumer. Continue Reading »