Earnings News
September Strategy: Market performance will be driven by more bottom-up stock ideation, says ASK Investment Managers
ASK Investment Managers expresses cautious optimism for medium-term growth, citing strong inquiry levels and improving demand trends. Despite mixed Q1FY25 performances across sectors, a focus on stock picking is crucial for navigating market’s delicate balance between challenges and opportunities.
5 min read4 Sep 2024Zomato, Polycab India, and more among SBI Securities’ top 8 stock picks after Q1 earnings
SBI Securities released its ’Rockstars of June 2024,’ highlighting eight stocks with strong growth prospects. Nifty50 EPS is projected to grow at 12.5% CAGR from FY24 to FY26, despite a mixed Q1 FY25. Key sectors driving earnings growth are BFSI and Auto.
6 min read2 Sep 2024Gap’s turnaround efforts drive quarterly results beat in surprise early announcement
GAP-RESULTS/ (UPDATE 2, PIX):UPDATE 2-Gap’s turnaround efforts drive quarterly results beat in surprise early announcement
1 min read29 Aug 2024Asian Stocks to Slip as US Holds Breath for Nvidia: Markets Wrap
Stocks in Asia are set to edge lower after a sluggish day on Wall Street, as traders look to Nvidia Corp.’s results for clues on whether the artificial-intelligence euphoria that’s powered the bull market has more room to run.
3 min read28 Aug 2024Q1 Review: Mold-Tek Packaging, Pitti Engineering, Welspun Living are Axis Securities’ top 3 mid-cap picks — here’s why
Mold-Tek is expected to grow with new capacities, Pitti Engineering is seeing improved EBITDA margins from acquisitions, and Welspun Living has achieved significant export growth despite global challenges.
2 min read23 Aug 2024Peloton Triggers Biggest Rally Ever With Signs of Turnaround
Peloton Interactive Inc. shares surged the most ever after the fitness company reported earnings that beat analysts’ estimates, signaling that turnaround efforts are starting to bear fruit.
2 min read23 Aug 2024Axis Securities lists KPIT Tech and Persistent Systems as top Tier-2 IT sector picks post Q1 earnings
Post the Q1 earnings, Among Tier-1 tech companies, the brokerage likes Infosys and Tech Mahindra, while KPIT Tech and Persistent Systems are its preferred picks within the Tier-2 segment.
3 min read22 Aug 2024TVS Motor, Hero MotoCorp and more: Axis Securities lists top picks in auto and auto ancillary sector after strong Q1
Axis Securities’ top auto picks are TVS Motor and Hero MotoCorp, with key auto ancillary choices including CIE Automotive, Minda Corporation, and Sansera Engineering. The brokerage notes strong YoY growth in Revenue, EBITDA, and PAT, driven by premiumisation and cost optimisation.
6 min read21 Aug 2024UltraTech Cement, JK Cement, Dalmia Bharat: Axis Securities’ 3 top stock picks after Q1 earnings – here’s why
Axis Securities identifies UltraTech Cement, JK Cement, and Dalmia Bharat as top picks despite Q1FY25 challenges, citing strategic expansions and potential for improved performance.
4 min read19 Aug 2024Asian Paints, JSW Steel and BPCL: These 3 Nifty stocks posted over 25% fall in Q1 profit
While several sectors showed resilience in the June quarter, a few notable companies experienced significant declines in their Profit After Tax (PAT) during the June quarter. Now, let’s examine three stocks that saw a more than 25 percent drop in their net profit during the quarter under review.
3 min read19 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared