Saloni Doshi is an Equity Research Analyst for BQ Prime, focusing on national (India) financial news and analysis. With a background in finance and a keen interest in the stock market, Saloni provides insights and reports on various sectors, companies, and market trends in India.
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India (National)
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By: Saloni Doshi
$620 billion stock reserves equivalent to 11-month import cover boost rupee confidence, curb speculation.
Cable demand in India is increasing due to the growing power sector, the government's infra spend and private capex.
The brokerage maintained a 'sell' rating on the stock with a target price of Rs 50 compared to Friday closing price of Rs 93.85
By: Saloni Doshi
A shift from road to rail, and market share or margin recovery will likely drive the stock, it says.
Companies in the aviation, hospitality, food and beverages, media and advertising, and tourism sectors stand to gain.
The defence sector will be one of the key contributors to the nation's economy and growth in the next five to 10 years.
The issue will comprise fresh issue of 1.08 crore shares, and the price band is fixed in the range of Rs 480 to Rs 505 per share.
By: Saloni Doshi
The company's second-quarter net profit rose 35.4% YoY to Rs 242 crore, beating Bloomberg estimate of Rs 212.05 crore.
The company's second quarter net profit rose to Rs 147 crore, beating a Bloomberg estimate of Rs 91.7 crore.
The company's second-quarter net profit rose 60.9% YoY to Rs 181.5 crore.
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