Azad Engineering News Today

Telecom was the obvious favourite in April led by Bharti Hexacom, Vodafone Idea, and Indus Towers

Go Digit listing: Virat Kohli, Anushkas investment has grown four-fold and they continue to hold their shares in the company.

Stock Market Today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 21 May 2024. Domestic equity benchmarks BSE Sensex and NSE Nifty opened on a flat note on Tuesday. Both the indices declined nearly 0.1% each. Within the Nifty pack, ONGC was top gainer.

Q4 results on May 21: PI Industries, Hitachi Energy India, GE T&D India, Ircon International, NMDC Steel, Action Construction Equipment, Godawari Power & Ispat, Eris Lifesciences, and Aether Industries are also among the 28 companies that will announce their Q4 earnings today.

Dalal Streets Q1 earnings season sees Nifty constituents with 24% YoY profit growth, varying estimates from brokerages: ICICI Securities reports 44%, Kotak Institutional Equities 14%, and Motilal Oswal 13%.

Stocks to Buy: Multibagger Defence Stocks Astra Microwave Products, Azad Engineering, Solar Industries India are among ICICI Securities 3 top picks, ahead of Q4 results. ICICI Securities expects 13-24% for the stocks.

Defence stocks: The brokerage recommended Solar Industries (Buy; target price: Rs 10,950), Astra Microwave (Buy; target price: Rs 800) and Azad Engineering (Buy; target price: Rs 1,600) as key stock picks in the defence space.

Piramal Alternatives, the fund management arm of the Piramal Group, has announced a Rs 110-crore ($13.2 million) investment in Noida-based Biodeal Pharmaceuticals, a contract development ......

The Nifty may face hurdles at 22,250-22,300 and, if this level is broken decisively, then a record high cant be ruled out. On the downside, it the index breaches the 22,000 level, then 21,900 is going to be next support level and then 21,700, the low of the last week

Fiscal 2024 showcased a vibrant IPO market with 75 companies hitting the Street, including Tata Technologies and IREDA. Strong performances marked the year from the likes of Signature Global and Netweb Technologies. Analysts expect robustness in IPO market to continue.