Page 39 - Stock Market Today

Operating performance update points to healthy outlook for Paytm stock

By end-August the company had 8.7 million devices deployed, almost doubling from 4.5 million devices in August 2022

Potential for Indian IT sector stocks likely to see some rerating

Much of the bad news seems priced in, and a gradual recovery in US tech spending could happen from Q2

Sentiment turns stronger for steel stocks on hopes of better prospects

The Street is speculating on sustainable rebound from Q2 led by better prices and lower costs

Jio Financial Services to be removed from BSE Indices from September 1

Jio Financial Services (JFS) was initially scheduled for removal by August 23

Sales, margin outlook remain strong for P&G Hygiene and Healthcare

The company reported double-digit sales growth, and margin expansion in the June quarter

TVS Motor revs up with strong outlook, market share gains, new launches

Two-wheeler company's margin gains among factors that should be monitored: Analysts

Growth concerns weighing on Nykaa's stock; it may be a blip though

Company optimistic about Q2 and analysts continue to see high long-term growth prospects

Investors may want to bottom fish in stocks of oil marketing companies

Macro conditions could improve and valuations are already low

Despite a mixed 1st quarter, cement sector's FY24 outlook looks concrete

However, as competition and fresh capacity is also rising, scale and ability to control costs will play a crucial role

Defence business to drive growth for auto component major Bharat Forge

The company had won a new export order of Rs 280 crore in the quarter taking its total order book to Rs 2,300 crore

Improving growth prospects powering Power Finance Corp, REC stocks

All analysts polled this month are bullish on the two power financiers and see further gains of 19-20 per cent in the next one year

Caratlane another jewel in Titan's crown; analysts positive on prospects

Although the Rs 4,621 crore deal may weigh on Titan's earnings in the short-term, analysts are positive on the long-term prospects

Moderation in demand is where the shoe pinches for footwear majors

Valuations factoring in second-half recovery are in the expensive zone

Lower prices of iron-ore factored into valuations of NMDC's stock

Royalty as percentage of sales stood at 43 per cent in Q1FY24 versus 44.8 per cent in Q4FY23

Divi's stock may underperform on valuations, near term growth concerns

Revenue of the contract research and manufacturing services player was down 21 per cent y-o-y

Bandhan Bank disappoints Street in Q1; analysts 'positive' on the stock

Quite a few analysts are maintaining a 'buy' rating on the bank but they have downgraded earnings and RoA (return on assets) expectations and target prices

5 stocks added to Nifty Next 50; govt invites applications for SAT officer

They replaced ACC, Nykaa, HDFC AMC, Indus Towers and, Page Industries in the 50-share index

Growth expectations to support valuations of Siemens, ABB India stocks

Indian auto companies are investing in robotics which is a potential source of traction

Adani Group stocks gain as GQG Partners ups its wager; Adani Ports up 4.5%

The stake was purchased from Adani group promoter entities Worldwide Emerging Market Holding and Afro Asia Trade and Investments

Occupancy surge, pharmacy profitability key triggers for Apollo Hospitals

As compared to 64% in the March quarter, overall occupancies across hospitals in the group were at 62%