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SBI | HDFC Bank: ICICI Bank, SBI and Axis to outshine HDFC Bank, Kotak over next 5 years: Hemang Jani

The net profit that Axis Bank reported from FY17 to FY21, would be less than the number that Axis Bank is expected to report in FY22, says Hemang Jani, Equity Strategist & Senior Group VP, MOFSL Managements of the biggies like Axis Bank and Bajaj Finance are saying they can ride out the Covid storm this quarter and that they are well buffered as of now unless something like national lockdown happens, What did you read into Axis numbers? If you look at the Q4 numbers, one thing which is comin...
Rossari Bio Hemang Jani Axis Bank Equity Strategist Senior Group Kotak Bank Pi Industries

Fire breaks out at chemicals manufacturing unit in Karnataka; no casualties

A fire broke out at a speciality chemicals manufacturing unit within the Mangalore Special Economic Zone (MSEZ) at Bajpe here on Saturday afternoon, but there were no casualties, police said. They said local people heard heard an explosion and saw thick smoke billowing out of the Catasynth Specialty Chemicals Limited in the MSEZ. No casualties were reported, they said. The operation to douse the flames is on by fire tenders from Kadri fire station, Mangalore Chemicals and Fertilisers (MCF)...
India General Catasynth Specialty Chemicals Mangalore Port Hindustan Petroleum Corporation Limited Mangalore Special Economic Zone Catasynth Specialty Chemicals Limited

Why L&T India Value Fund is a good bet for investors with a moderate risk appetite

Why L&T India Value Fund is a good bet for investors with a moderate risk appetite Yoganand D BL Research Bureau | Updated on April 17, 2021 The fund’s strategy of taking advantage of valuation anomalies is promising To ride out the market volatility that has been on since mid-January 2021, equity funds that adopt a value-oriented investment strategy could be a better bet for investors with a moderate risk appetite and willingness to stay invested for the long term. The over 11-year-old L&T ...
Reliance Industries Systematic Investment Plan Builder Value Quantum Long Term Equity Tata Equity Deepak Nitrite

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Gujarat billion-dollar club grows bigger at 22 | Ahmedabad News

Representative image AHMEDABAD: Gujarat’s billion-dollar-plus market cap club has grown bigger on the back of stock markets rally since last June. The number of listed companies having m-cap of more than a billion dollar (approximately Rs 7,532 crore) has now increased to 22 from 17 within a year since April 2020. Although the equity indices have turned volatile currently amid growing cases of Covid-19 cases and its impact on various sectors, bull run on bourses since June last year has help...
Gujarat Fluorochemicals Deepak Nitrite Gujarat State Petronet Ltd Eris Lifesciences Tubes Ltd Adani Group

Billion Dollar Club: Gujarat billion-dollar club grows bigger at 22

(This story originally appeared in on Apr 14, 2021)AHMEDABAD: Gujarat’s billion-dollar-plus market cap club has grown bigger on the back of stock markets rally since last June. The number of listed companies having m-cap of more than a billion dollar (approximately Rs 7,532 crore) has now increased to 22 from 17 within a year since April 2020. Although the equity indices have turned volatile currently amid growing cases of Covid-19 cases and its impact on various sectors, bull run on bourse...
Gujarat Fluorochemicals Deepak Nitrite Gujarat State Petronet Ltd Eris Lifesciences Tubes Ltd Adani Group

Stocks that helped PMSes focused on smallcaps, midcaps outperform in March

Stocks that helped PMSes focused on smallcaps, midcaps outperform in March SECTIONS Share Synopsis Saurabh Mukherjea, Founder, Marcellus Investment Managers, thinks Indian specialty chemicals today is where the pharma sector stood in the mid-1990s -- on the cusp of a golden 20-year run. Getty Images Some multicap PMSes, which have larger allocation to midcap and smallcap stocks, also performed well in March, continuing from the earlier months. That was even when their benchmarks finished largel...
India General Saurabh Mukherjea Shankar Sharma Tata Elxsi Sunil Subramaniam Basant Maheshwari

Ahead of Market: 12 things that will decide stock action on Monday

Ahead of Market: 12 things that will decide stock action on Monday SECTIONS Share Synopsis Aditya Agarwala of YES Securities said if the bulls manage to push Nifty beyond the 14,880-14,900 zone, the index can rise and test the 15,100-15,200 zone. Getty Images The MACD showed bearish signs on the counters of Deepak Nitrite, Intellect Design, HG Infra Engineering, South West Pinnacle, Poly Medicure, Grindwell Norton, Page Industries, TeamLease Service, Autoline Industries, CL Educate and Krishan...
United Kingdom Krishana Phoschem Grindwell Norton Aditya Agarwala Suvidhaa Infoserve Manish Hathiramani

market outlook: Ahead of Market: 12 things that will decide stock action on Friday

Explore Now NEW DELHI: Nifty had a gap-up opening on Thursday and traded higher, but failed to sustain the gains and closed almost near its opening level. The headline index formed an indecisive Doji candle on the daily chart. Manish Hathiramani, technical analyst at Deen Dayal Investments said, "If the Nifty50 is able to get past the 14,950 level on a closing basis, then it could move higher to 15,300-15,400." “Metal stocks led the sectorial rally on a strong outlook supported by rising stee...
India General Mazhar Mohammad Suvidhaa Infoserve Manish Hathiramani Vinod Nair Karnataka Bank

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