Anand Rathi

Anand Rathi Wealth slips 8%; stock trades ex-date for 1:1 bonus issue

Anand Rathi Wealth informed the stock exchanges that its promoters have sold 250,000 equity shares representing 0.6 per cent holding of the company via open market.

Anand Rathi Wealth Q3 results: Net profit jumps 33% to Rs 77.3 crore

Anand Rathi Wealth Ltd on Monday reported a 33 per cent year-on-year surge in consolidated net profit at Rs 77.3 crore in the December quarter. The company had posted a profit of Rs 58 crore in the year-ago period. In a statement, the company said its total revenue for the quarter under review stood at Rs 244.2 crore, a 30 per cent year-on-year (YoY) growth from Rs 187.3 crore in the same period last year. The leading wealth management firm, specialising in serving high and ultra-high-net-worth individuals, said its board of directors decided to allot bonus shares in the ratio of 1:1, which is one bonus equity share for every one equity share held presently. This is subject to shareholders' approval. During the nine-month (April-December) period of FY25, the company's total revenue was at Rs 739 crore, registering a growth of 33 per cent year-on-year, while profit after tax increased 34 per cent to Rs 227 crore. "India's economy continues to grow steadily, driven by rising income

Stocks to buy, sell: How to trade HDFC Bank, HUL, RIL shares today?

Stocks to buy today: Jigar S Patel of Anand Rathi suggests initiating long positions in HDFC Bank share price in the 1,850-1,875 range, with an upside target of 2,050

Anand Rathi stocks rally 6% on strong Q2 show; Rs 7 dividend announced

The uptick in Anand Rathi share price came after the company reported a strong set of September quarter (Q2FY25) results.

Sebi levies Rs 10 lakh fine on Anand Rathi for flouting stock brokers rules

Capital markets regulator Sebi on Monday imposed a fine of Rs 10 lakh on brokerage firm Anand Rathi Share and Stock Broker for flouting stock brokers' rules and other norms. The order came after the Securities and Exchange Board of India (Sebi) conducted a comprehensive inspection of Anand Rathi Share and Stock Broker Ltd (noticee), a Sebi-registered stock broker of BSE, NSE, MCX and NCDEX, for the period from April 2022 to October 2023. Based on the findings of the inspection, the regulator found certain alleged non-compliances of Stock Brokers regulations and circulars issued by Sebi, NSE and BSE. In its order, the regulator observed that in 55 instances, there was a short collection of margin/ MTM amounting to Rs 33.16 lakh. However, Anand Rathi submitted that there was no margin shortfall, and they are adequately collecting margins from the clients and adhering to the regulatory guidelines. Further, no supporting documents are submitted by the brokerage firm, therefore, the ..

Borosil Renewables, Laxmi Organics among top picks by Anand Rathi for today

Borosil Renewables has recently experienced a significant price decline after reaching its peak near Rs 573, losing around 87 points, which translates to a 15 per cent drop.

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Schaeffler experienced a significant decline after reaching its peak near Rs 4,950, dropping approximately 1,155 points, which translates to a substantial 23 per cent decrease in price

Yen carry trade, US recession threat: How brokerages interpret developments

India, analysts said, remains in a relatively better position amid strong fundamentals. Though valuations remain a concern, investors can use markets correction to buy quality stocks for the long-term

Nykaa, SBI Card: Top stock picks by Jigar Patel of Anand Rathi for July 25

It is recommended to 'buy' Nykaa stocks within the price range of Rs 180 to Rs 185

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Over the past few weeks, Aether has shown a consistent uptrend by forming higher highs and higher lows, which is a positive indicator of its market performance

Intraday trading strategy for gold, crude oil by Neha Qureshi of Anand Rathi

On the daily chart, MCX Gold for August is hovering near its trend line support. A break below 70,750 could signal bearish sentiments, the analyst said

Titan, Aether among top 3 stock picks by Anand Rathi on June 18

Titan stock can rally up to Rs 3,675, while Aether can soar to Rs 965, believes Jigar S Patel, Sr. equity research manager at Anand Rathi.

Shriram Fin, JublFood, Titan; top picks from Anand Rathi for May 18

Jubilant FoodWorks has two key technical analysis signals: a bull divergence on the daily Moving Average Convergence Divergence (MACD) indicator and a violation of a bearish trend line that had been

Is the broking and the wealth management industry ripe for a consolidation?

Anand Rathi, founder and chairman of Anand Rathi group shares his views on the outlook for the Indian stock market, broking, wealth management industry and strategies ahead of Lok Sabha poll outcome

Anand Rathi recommends buy on Dr.Reddys, Cipla and Piramal Enterprises

Stock picks by Anand Rathi: DR Reddy shows a strong uptrend with higher highs and higher lows on a weekly scale

Samvat 2080: Stock picks from Anand Rathi, Nirmal Bang, Sharekhan, Axis Sec

Here's a list of stocks recommended by top brokerage and research firms that can help you build your portfolio this Diwali.

It's time for bottom-up stock picking, says Anand Rathi's Varun Saboo

"The Indian economy and the fundamentals of India Inc are standout, but valuations, on the whole, have become rich," Saboo says

Q2 results: Anand Rathi Wealth's profit up 34%, HDFC AMC profit rises 20%

HDFC AMC Q2 profit up 20% at Rs 437 crore

Jamna Auto, Tata Power flash bullish breakout signals on charts

Tata Power is witnessing some aggressive buying traction. The stock is poised to re-test its peak in the coming months

Bajaj Finserv, Mphasis: Is it time to buy these stocks at current levels?

Check out the trading strategies in these frontline counters in a choppy market.