Valuations wise, most are trading at price to equity multiples of 50-100 times on a 12-month trailing basis, data from BSE shows. Apollo Micro Systems, for instance, commands a PE of 152 times
Stocks to watch on February 27, 2024: Vodafone Idea is likely to raise equity from new investors, diluting the stakes of existing shareholders when its board meets today
Stocks to watch on February 26, 2024: Infibeam Avenues: The company has acquired a 20 per cent strategic stake in US-based AI development company XDuce
Most global traders now expect the first Fed rate cut to be announced in June against early bets of March
The broader market breadth was weak with 2,813 stocks declining and 823 gaining on the BSE
Mirae Asset Large Cap Fund led highest investment in Paytm at Rs 430.4 crore, which was 1.13 per cent of its total AUM
Stocks to watch on February 1, 2024: Paytm expects an impact of Rs 300-500 crore to its annual EBITDA from the RBI's action on Paytm Payments Bank
Cables and switch companies are expected to benefit from a fillip to housing construction activities and urban infrastructure, as per experts
Stocks to watch on January 30, 2024: Epack Durable will make its market debut today. The issue price is fixed at Rs 230
Stocks to watch on January 29, 2024: Investor focus this week remains on the US Fed's rate outcome on Jan 31 and the interim budget back home on Feb 1
Nifty Realty, Oil & Gas indices declined up to 5 per cent, while Pharma index held 1.6 per cent gains
Stock market crash today: HDFC Bank's disappointing Q3 performance abetted profit booking in Sensex and Nifty along with a global market rout as rate cuts-related optimism waned
As per an average of brokerage estimates, HCLTech may post net profit of Rs 4,101 crore for Q3 versus Rs 4,096 crore reported last year
Stocks to Watch on January 11, 2024: SpiceJet plans to raise Rs 2,250 crore through a preferential issue of shares and warrants to reduce its debt burden
Infosys is likely to report a 7 per cent YoY fall in its net profit for the reporting quarter to Rs 6,108 crore, show brokerage estimates
As per an average of six brokerage estimates, TCS is likely to report a net profit of Rs 11,617 crore for the quarter, up 7 per cent from a year ago. Sequentially, this could be 2.4 per cent higher
The stock of Praveg hit a new high of Rs 1,210 and was trading higher for the third straight day, having rallied 46% during this period
Stocks to Watch on January 10, 2024: The company reported 15 per cent YoY decline in Q3 consolidated revenue to Rs 231.7 crore. Net profit slumped 59 per cent to Rs 34.5 crore
Stocks to Watch on January 8, 2024: Titan's revenue rose 22 per cent YoY in the December quarter (Q3FY24
Stocks to Watch on December 21, 2023: Inox India will make its debut on the bourses today; Ultratech Cement has entered into an agreement to acquire 26 per cent stake in Clean Max Terra