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sandip sabharwal portfolio: Can Tata Tech be the next Tata Elxsi? What will it mean for Tata Motors?

Sandip Sabharwal believes that Tata Tech, if it achieves high valuations and goes public, will perform well initially due to its reputation and then based on actual financial results. He expresses positivity towards the hospitality sector, particularly Indian Hotels and Lemon Tree. Sabharwal also discusses the potential of Tata Motors and highlights his recent investments in Voltas and Aditya Birla Retail. Concerns regarding Aditya Birla Retails diversification strategy are acknowledged, but Sa...
Tata Elxsi Sandip Sabharwal Indian Hotels Tata Motors Tata Motor Tata Tech

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sensex today: Banks help Sensex rise 261 points higher amid rebound in global stocks; Nifty above 19,800

From the Sensex pack, Power Grid, Kotak Bank, Tech Mahindra, and Bajaj Finserv were the top gainers, rising 1-2%. While Tata Motors, L&T, IndusInd Bank and TCS closed in the red. Among individual stocks, Ceat closed 4.5% higher after the company reported a consolidated net profit of Rs 208 crore in Q2 FY24, compared with Rs 7.83 crore a year earlier
Bajaj Finserv Kotak Bank Nifty Financial Services Indusind Bank Power Grid Tech Mahindra

tech mahindra: Nifty IT index stocks: Is the worst behind them, time to be contrarian?

While IT stocks have been underperforming the broader market for more than a year. But if one looks at the reaction of the street to the Q2 numbers of the TCS, Infy and HCL tech, it is clear that the secular bearish outlook which the analysts have been having for this sector might change soon. For the last one year, If one looks at the recommendations of analysts, it appears that all of sudden they are finding everything wrong with IT stocks. It might be time to be contrarian. Stock Reports Plus...
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TCS fired 16 over recruitment scandal, 19 found guilty, Telecom News, ET Telecom

Tcs: “As a Tata Group company, we have a zero-tolerance policy towards such unethical conduct and the actions of these individuals do not reflect our values. We expect all our stakeholders and our employees to strictly adhere to the Tata Code of Conduct, which forms the bedrock of our integrity,” said the statement.
Tata Consultancy Services A Tata Group Resource Management Tata Group Tata Code Rmg Scandal

it sector outlook: Q2 a very strong quarter for IT deal wins, has potential for bounce-back in FY25: Ashi Anand

“We expect to see digital platforms in India outperform overall markets over the coming decade in a very similar way to what you saw the Nasdaq do over the overall markets in the US between 2010 to 2020. Therefore our call is not to go in and out of the sector. We see this as a very attractive buy and hold and a long-term compounding story.”
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