Ebbing tide reveals stocks with potential upside of up to 60%
These companies are tracked by at least 10 analysts. Ujjivan Bank, Bandhan Bank, PSP Projects, Vedant Fashions, PNB Housing Finance, Prince Pipes & Fittings, Transport Corp, Greenpanel Industries, Galaxy Surfactants, and Somany Ceramics, could return at least 25%, according to average price targets on Bloomberg. Key Points
Economic TimesKotak Mahindra Banks Q3 Results: Should you Buy, Sell or Hold the stock post earnings?
Kotak Mahindra Bank: The Kotak Mahindra Banks Q3 stand alone net profit at ₹3005 growing 7.6% YoY missed estimates of some analysts. However the same was due to one offs . Key Points
mintCorrection are some times opportunities; 5 mid & smallcap cement stocks with upside potential of up to 30%
Cement has been a sector where most of the analysts have been caught off guards. The stocks have done well and a large number of analysts have been sticking to their stands that pricing and capacity utilization is an issue. What they probably ignored was the fact that any industry which has been facing headwinds for a long time tends to sort the issues and few players are able to make a comeback as consolidation takes place. Pretty much what we have seen in power. Due to government focus on infrastructure for the last nine years, a number of cement players have been able to improve their balance sheets and also become operationally efficient. With the policy continuity there is a high probability that we may see a similar trend in coming years. Key Points
Economic TimesIt's different for IT midcaps in niche areas; 4 stocks with upside up to 42%
It is close to two years that IT sector has been getting all the negative reviews from analysts. But there are some IT midcaps where the business is not just servicing big clients but operating in niche areas who have got ignored. However, now a divergence is appearing. While Infy might have cracked after its Q2 result, some midcaps and smallcaps witnessed a sharp rise post their result. It is probably time to take a look at each company separately rather than taking a call on the overall sector. Key Points
Economic TimesThese mid and small caps can surge up to 15-29%: Report
India Business News: The Nifty has seen a 1.75% increase since November 14, driven by speculation about the Federal Reserve halting rate hikes. The IT sector has gained ap Key Points
Times Of India
Adani-promoted Ambuja Cements share price gains post Q2 results, brokerage views mixed
Q2 Result Review- Ambuja Cements Ltd Q2 net profit surged four folds to ₹643.84 crore from ₹138.9 crore in the year ago quarter. The operating Ebitda at ₹771.5 crore improved from ₹313 crore, on cost controls even though realizations were flat. Brokerage views however remain a mixed bag. Key Points
mintIndus Towers Q2 FY24 results: profit rise by 48.51% YOY
Indus Towers Q2 FY24 results: Revenue decreased by 10.47% YoY & profit increased by 48.51% YoY Key Points
mintTech Mahindra Q2 FY24 results: profit falls by 61.58% YOY
Tech Mahindra Q2 FY24 results: Revenue decreased by 2.02% YoY & profit decreased by 61.58% YoY Key Points
mintWipro Q2 FY 24: analysts predict decline in revenue and slowdown in hiring
Brokerages expect Wipro’s revenue to decline in Q2. This is due to the macroeconomic slowdown and cut backs on discretionary IT spending by clients. Key Points
Business TodayTop Nifty50 stocks analysts suggest buying this week
Earnings rating is calculated based on three factors - earnings surprises, estimate revisions and recommendation changes. Profitability, debt, earnings quality and dividend trends are evaluated under the fundamentals component in the report. Relative valuation has three components - price to sales (50% weight), trailing P/E (25% weight) and forward P/E (25% weight). These metrics are evaluated against the overall market, index and company’s own historic 5-year averages. Key Points
Economic Times
IT takes another blow, stocks decline
The likelihood of a slowdown in the US and Europe has led to investors and analysts turning cautious about the IT sector's prospects. Most large software services exporters derive a large chunk of their revenues from developed economies. The dim outlook for IT spending has resulted in analysts cutting earnings estimates for these companies. Key Points
Economic Times6 stocks from different segments of gas sector have an upside potential up to 24%, say analysts
After remaining under pressure for a long time, analysts are forecasting a comeback of Utilities stocks. IGL is back on the radar and so is GSPL. For the purpose of this report, we have selected stocks wherein the count of analysts is at least 20 and the average stock report plus score is a minimum of 7. The reason for having a minimum count of analysts for a particular sector is because higher coverage by analysts indicates higher institutional interest in individual stock. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesTata Motors stock outlook: Hits new 52-week high post Q4 results; will it rise more as auto sector grows?
Tata Motors shares gained nearly 1% today. The stock has jumped 43% year-to-date compared to a 16.5% rise in the Nifty Auto index and a 3% increase in the benchmark Nifty 50 index. Key Points
FinancialexpressThese 5 stocks from different segments of power sector have an upside potential of up to 37%
Analysts are forecasting a comeback of power utilities stocks. Though in some cases there are apprehensions about the lower than normal monsoon playing a spoilsport. On the list are power producers and power distributors. For the purpose of this report, we have selected stocks wherein the count of analysts is at least 2 and the average stock report plus score is a minimum of 6. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesSun facing some clouds is still a buy for analysts
Shares declined nearly 2.5% in Monday's trading before recouping most of its losses. The stock eventually closed at ₹968.50, down 0.14% from the previous close. More than 5.6 million shares exchanged hands on the BSE and NSE on Monday, over twice its combined average daily volume for the last month. Key Points
Economic Times
Attempting a comeback! 3 software stocks with 'Buy' ratings and upside potential of up to 34%
After being in the front leading the stock market rally during covid, software stocks have been witnessing correction in their valuations for more than a year. But in the last few weeks, they have been witnessing some positive reaction whenever there is any news related to their earnings or any sectoral developments. The companies in the list are covered by a minimum count of 2 analysts. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesThese 5 stocks from gas & power sector have an upside potential of up to 42%, say analysts
Analysts are forecasting a comeback of Utilities stocks. IGL is back on the radar and so is NTPC. For the purpose of this report, we have selected stocks wherein the count of analysts is at least 15 and the average stock report plus score is a minimum of 8. The reason for having a minimum count of analysts for a particular sector is because higher coverage by analysts indicates higher institutional interest in individual stock. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesPage Industries share price tanks 13% after Q4 net profit falls 59%; Should you buy, sell, hold?
Page Industries stock plunged 13% on Friday. The company’s shares have fallen over 12% in the past one month, and nearly 14% in the past one year. Key Points
FinancialexpressBillionaire Mukesh Ambani’s Reliance Industries (RIL) has stock analysts most bullish in seven years
Analysts are at their most bullish on billionaire Mukesh Ambani’s Reliance Industries Ltd. since January 2016 amid a dip in the share price of India’s largest company. Key Points
mintMetal stocks: Will they shine again? 6 counters can deliver over 32% returns, say analysts
The focus of analysts is back on metal stocks. Unlike 2021 and early 2022 when the outlook was bullish across the board. This time around it is not secularly bullish. It is selected stocks which are getting attention, companies either with large capacity, fully integrated or in any area where they are literally monopolies. For the purpose of this report, where the average stock report plus score is a minimum of 7. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic Times
Nifty Financial Services index stocks which analysts suggest buying for up to 37% returns
IT companies results brought volatility with downward bias, however financial sector companies and especially insurance sector players, have seen a bounce back after their Q4 results. This could be due to the fact that after the union budget, insurance companies had seen a sharp decline and the market punished them more than required. Will there be other companies in the financial sector which could see similar bounce back. We take a look at what analysts are saying for select financial service stocks. Key Points
Economic Timesanalysts hold mixed views on RIL after a record Q4
Shares of the oil-to-telecom conglomerate advanced for the second day in a row on Monday to settle at ₹2,360.5 apiece on the NSE, up 0.5% from the previous close. Key Points
Economic TimesReliance Industries share price jumps 1% today after strong Q4 earnings; Should you buy, hold or sell RIL stock?
RIL shares rose 1% today. Reliance Industries Ltd's net profit surged 19.1% to Rs 19,299 crore on-year in Q4FY23, beating analysts' expectations. Key Points
FinancialexpressValue buys? These 20 Nifty stocks trading below 10-year PEs
Although Indian stock market valuations have dropped to their 5-year and 10-year historical averages, analysts still lack comfort in recommending investors to put money aggressively. However, nearly 50% of index stocks are below their 10-year averages, which can offer decent returns. UPL has the highest upside at 35% despite brokerage Prabhudas Lilladher slashing its FY24E/25E estimates by 16%/12% and target multiple from 14x earlier to 12x. Meanwhile, HDFC Bank, SBI, Axis Bank, and M&M have upwards of 20% upside potential each in the next 12 months. Key Points
Economic TimesTSMC third-quarter profit to slide 30%, focus on how much growth to come
Taiwan Semiconductor Manufacturing Co Ltd (2330.TW), is expected to report a 30% slump in third-quarter profit on Thursday but analysts predict robust growth next year as the chip industry emerges from its current downturn. Key Points
Reuters
HCL Tech Q1 Preview: Tough business environment may pull down PAT by 4% QoQ
The software majors consolidated net sales are expected to rise a mere 0.6% sequentially. Some analysts see the company cutting the upper end of its sales growth outlook for FY24. Key Points
Economic TimesVi likely to fall back further on 5G, lose ground to rivals: Analysts
Our analysis shows that Vi will be able to rollout 5G only in 10 circles in seven states with its annual internal accrual of around '83 billion (without fundraise), as Nokia and Ericsson have refused to supply 5G gear to Vi on credit, Emkay analysts said. This, they added, would mean 15% 5G coverage for Vi. Key Points
Economic TimesKPIT Technologies Q4 Results Live : profit rise by 47.27% YOY
KPIT Technologies Q4 Results Live : Revenue increased by 29.53% YoY & profit increased by 47.27% YoY Key Points
mintPersistent Systems Q4 Results Live : profit rise by 25.37% YOY
Persistent Systems Q4 Results Live : Revenue increased by 14.91% YoY & profit increased by 25.37% YoY Key Points
mintIPCA Laboratories Q3 FY24 Results Live : profit rise by 66.8% YOY
IPCA Laboratories Q3 FY24 Results Live : Revenue increased by 32.79% YoY & profit increased by 66.8% YoY Key Points
mint
Affirm shares surge after quarterly results beat estimates
Shares of Affirm Holdings (AFRM.O) surged by nearly 25% on Thursday as strong demand for the buy-now-pay-later (BNPL) lender's services and higher interest rates underpinned quarterly results that beat analysts' estimates. Key Points
ReutersNifty Financial Services Index: 19 stocks have 'strong buy' & 'buy' recos, only 1 has 'hold'. Will analyst
On days when global markets are under pressure, nifty is showing signs of out performance. After opening lower, it is able to inch upward and market breadth also improves gradually. A number of times this up move is led by financial service and bank stocks which are announcing their Q4 result. We take a look at what analysts are saying for select financial service stocks. Key Points
Economic TimesThese bank stocks can give up to 38% returns
Stock Reports Plus, powered by Refinitiv, has compiled a list of mean price targets for banking stocks based on the latest report dated April 25, 2023. The list includes stocks with a count of analysts evaluating them over the next 12 months, with a filter applied to exclude stocks with fewer than 10 analysts and upside potential of less than 20%. The list has been sorted based on the estimated potential upside, with City Union Bank Ltd showing the highest at 38.8%. ETPrime members have access to Stock Reports Plus. Key Points
Economic TimesIndian IT firms set for "washout" year, focus now on 2025 - J.P.Morgan
J.P.Morgan analysts expect investors to parse upcoming second-quarter results and commentary from Indian IT companies for signs of recovery in deal signings in fiscal 2025 following a "washout" year. Key Points
ReutersBearish bets on IT bellwether Infosys reaches highest since 2017
Infosys, the Indian information-technology bellwether, is experiencing its highest rate of sell ratings since 2017 due to recession concerns amid India's economy. Seven analysts downgraded the stock to a sell in the last month due to lower IT spending concerns by US lenders. Infosys's slow sales forecast for the current financial year also added to the negative news flow. Despite cheaper valuations and US data points, the shares are now trading at around 20 times forward earnings estimates, leaving 62% of the 47 firms tracking Infosys still having a buy rating on the stock. Key Points
Economic Times
Indian stocks to gain only modestly in 2023 despite RBI rate hike pause: Poll
Indian equity strategists have scaled back their year-end outlook as a new bull run in India's already-richly valued stock market is unlikely, according to a Reuters poll. The Sensex and Nifty 50 indexes were expected to gain 3.8% and 4.6%, respectively, from Tuesday's close to end-2023, slightly downgraded from a February poll. Over 70% of analysts believe Indian stocks will trade in a narrow range for the next three months. While an end to the RBI's modest rate-hiking cycle was positive, the high probability of a U.S. recession this year is likely to limit Indian stocks' gains. Key Points
Economic TimesNifty Financial Services index stocks with upside potential of up to 31%, according to analysts
Global markets have once again started witnessing corrective moves, however Nifty is showing signs of out performance, after opening lower, it is able to inch upward and market breadth also improves. A number of times this up move is led by financial service and bank stocks. We take a look at what analysts are saying for select financial service stocks. Key Points
Economic TimesTop Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to arrive at an average score. Key Points
Economic TimesTop Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score. Key Points
Economic TimesTop brewer AB InBev hikes dividend, but no new share buyback
Anheuser-Busch InBev raised its annual dividend by 9% on Thursday, though analysts warned investors may be disappointed by the absence of a new share buyback and worse-than-expected U.S. sales. Key Points
Business Today
Top Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score. Key Points
Economic TimesA play on sustained GDP growth: 4 mid & smallcap cement stocks with upside potential of up to 27%
Cement has been a sector where most of the analysts have been caught off guards. The stocks have done well and a large number of analysts have been sticking to their stands that pricing and capacity utilization is an issue. What they probably ignored was the fact that any industry which has been facing headwinds for a long time tends to sort the issues and few players are able to make a comeback as consolidation takes place. Pretty much what we have seen in power. Key Points
Economic TimesTop Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score. Key Points
Economic TimesChina's Q4 GDP grows 5.2% y/y, below market forecast
For the full-year 2023, the economy grew 5.2%, data from the National Bureau of Statistics data showed, partly helped by the previous year's low-base effect which was marked by COVID-19 lockdowns. analysts had forecast 5.2% growth. Key Points
Economic TimesTop Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score. Key Points
Economic Times
Top Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. A simple average of the above-mentioned five component ratings is normally distributed to reach an average score. Key Points
Economic TimesTop Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score. Key Points
Economic TimesAd tech firm Trade Desk sinks as auto, Hollywood strikes hit forecast
Shares of advertising tech firm Trade Desk (TTD.O) plunged more than 24% on Friday following a quarterly revenue forecast dented by a slowdown in spending by labor strike-hit automakers and media companies. Key Points
ReutersTop Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score. Key Points
Economic TimesRecruiter Randstad says companies still hesitant to hire
Randstad, the world's largest staffing firm, reported a 17% decrease in its EBITA to 273 million euros in Q3, beating analysts' expectations of 258 million euros. However, the company's revenue fell 7% to 6.26 billion euros, which was lower than anticipated. The CEO highlighted a soft jobs market, with unemployment creeping up in some countries and a decrease in job postings. Sectors showing some resilience included automotive, public health, and education. Concerns were raised about the rest of the year due to continued revenue trends in October. Key Points
Economic Times
For IT, 2024 might be a tougher year than 2023: Sandip Sabharwal
Analyst Sandip Sabharwal believes that 2024 might be a tougher year than 2023, contrary to what most analysts are predicting. He warns investors to be cautious about stocks that have seen a decent run-up in anticipation of performance improvement. Sabharwal also expresses skepticism about the IT sector, stating that while some specific companies may do well, larger diversified IT firms are facing significant challenges. Key Points
Economic TimesTop Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score. Key Points
Economic TimesEV adaptability to decide winner: 5 auto ancillary stocks with upside potential of up to 24%
Few weeks back an auto ancillary major announced the opening of two plants for Electric Vehicle space only. Probably this is just the beginning, more auto ancillary companies, some of which have been readjusting their business model toward EV space, would be announcing it sooner than later. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesTailwinds are back! 4 smallcap stocks from auto ancillary space have an upside potential of up to 50%
As the large auto companies make a comeback, even the auto ancillary stocks are coming back on the attention list. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesTailwinds are back! 4 smallcap stocks from auto ancillary space have upside potential of up to 52%
As the large auto companies make a comeback, even the auto ancillary stocks are coming back on the attention list. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic Times
Chemical connection: 5 speciality chemical stocks with upside potential of up to 51 %
In the last five years many segments of the chemical and specialty chemical sector have been coming into focus. They stay in the limelight for some time, then as too much money chases them which makes their valuations move up very sharply and then a long phase of consolidation. In such a scenario it has been witnessed that at any point of time analysts remain bullish on select stocks. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesChinese EV maker Xpeng's shares jump after pricing SUV below Tesla Model Y, lifts peers
Electric-car maker Xpeng Inc priced its latest G6 sport utility vehicle about 20% lower than Tesla's Model Y in China, sending its U.S.-listed shares up 7.6% in premarket trading on Friday. Key Points
ReutersTailwinds are back! 5 smallcap stocks from auto ancillary space have an upside potential of up to 52%
As the large auto companies make a comeback, even the auto ancillary stocks are coming back on the attention list. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic Timesanalysts bullish on Airtel, see investor returns of up to 27%
Shares of Bharti Airtel advanced as much as 1.3% in Thursday's trading before closing the day at ₹800 on the NSE, up 0.98% from the previous close with a spike in trading volumes. More than 10 million shares exchanged hands on both exchanges, up nearly 2.3 times its combined average daily volume. Key Points
Economic Timesanalysts fret about DRL's prospects, slash targets
The Hyderabad-based pharma major was the biggest loser on the bourses with trading volume rising nearly 10 times after a majority of the analysts slashed their price targets. The stock made an intraday low of ₹4,524.05 apiece in Thursday's trading before closing at ₹4,532, down 6.9%. Key Points
Economic Times
analysts cut Ambuja targets on weak prospects, rich valuations
Near-term growth to remain low, said Morgan Stanley in a client note. However, the US Brokerage firm remains positive on the medium-term prospects and believes the profitability should improve with the group's synergies and expansion plans. Key Points
Economic TimesTop Nifty IT stocks analysts recommend to buy and hold
The Q4 earning season will get started with TCS announcing its result. This will bring IT stocks back in the limelight and action is bound to happen. The reason IT was a sector which did extremely well in covid and it's the one which witnessed correction at the first instance when the rate tightening cycle started in early part of 2022. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Key Points
Economic TimesTop Nifty IT stocks that analysts suggest buying and where they recommend hold
The Q4 earning season will get started with TCS announcing its result. This will bring IT stocks back in the limelight and action is bound to happen as IT was a sector which did extremely well in covid and it's the one which is stated corrected the first when market started tumbling from early 2020. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Key Points
Economic TimesMore tails than heads; 5 stocks from auto ancillary space with an upside potential up to 39%
Macro environment in which auto ancillaries companies operate have turned favourable after a long period of time. Sometimes it is LCV and HCV which drives the demand, at other point time, better four and two wheeler numbers are pushing the demand up for auto ancillary companies, some of which are changing their business model to stay relevant in times of EV. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesMaruti Suzuki, Tata Motors, M&M in focus on strong sales momentum, price hikes
Stock Market Today- Passenger Vehicles retails are expected to grow 6-8% YoY during the month of November largely driven by the festive season demand, as per analysts. The price hikes being taken by manufacturers from January are positive for margins and will be utilized for pushing December sales. Key Points
mint
REC, Zee and NCC among stocks with up to 25% upside
Analysts have raised the price targets of some of the stocks since the beginning of August. These include REC, Zee Entertainment, Radico Khaitan, Sundram Fasteners, Welspun Corp, NCC, and Eris Lifesciences, among others, where consensus price targets have been raised by 10% to 25% earlier this month. Key Points
Economic TimesThese midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 30%, according to analysts
On Wednesday, thanks to one stock, Reliance industry, nifty was able to make a comeback. But what is more important is that market breadth, which has been under pressure for most of the sessions for the last three weeks, was in the green territory for most of the time. It is important to keep one eye on market breadth as that would be a more reliable indicator for deciding the strength and possible time frame for which the rally may last. Another thing which one should monitor closely is when the numbers of how much money has flown to mutual funds in the month of March which would get released in early April. This would be an indication of how much impact did AMFI advisory to mutual funds had on ground. Also, this would answer the question, whether this is another short term profit booking move or a beginning of a long phase correction and valuation adjustment.During this phase, analysts are bullish on select stocks from different sectors, some of which are either the leaders of their sector or part of the top three companies which are known to be well managed. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesCan Kerala's antibiotic abuse project inspire India's antimicrobial resistance fight?
In 2019, nearly 300,000 deaths in India were due to AMR. Over 1 million deaths were linked to drug resistance, making infections more challenging to treat. Kerala initiated an AMR action plan in 2018. However, analysts say that Kerala’s approach might not be directly applicable to other states, where access to antibiotics is itself an issue. Key Points
Economic TimesOil gains as Gaza ceasefire talks in focus
By Paul Carsten LONDON (Reuters) -Oil prices maintained upward momentum on Tuesday as investors awaited the result of top U.S. diplomat Antony Blinken's efforts in the Middle East to halt the Gaza war Key Points
ThePrintReady for another round of re-rating? 4 mid & smallcap cement stocks with upside potential of up to 30%
For the last nine years on the priority list of the government has been building physical infrastructure like roads, highways, ports and airports. Binding all the infrastructure projects, whether big or small are two commodities, cement and steel. In the cement sector, small and mid sized companies have been able to take advantage of this focus and increased spending by the government and have been able to both clean up their balance sheet and in some cases, they have gone ahead and increased their capacities which would be getting commissioned soon. With continued focus on infrastructure, will these companies be able to see another round of re-rating? Key Points
Economic Times/cloudfront-us-east-2.images.arcpublishing.com/reuters/B3KXU7UHIJJNTGLJRYG2AZE4M4.jpg)
AbbVie's $8.7 bln bet on Cerevel is risky but smart, analysts say
AbbVie's (ABBV.N) decision to buy Cerevel Therapeutics (CERE.O) before key data on the drug developer's experimental schizophrenia treatment may have helped it avoid a potential bidding war but comes with several risks, analysts said. Key Points
ReutersThese midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
With the US Fed indicating a pause in the interest rate cycle, indications of the “risk on” trade will be back are clearly visible. Emerging markets have stabilized. This may have a rub off impact on midcap stocks which tend to do well when liquidity is in abundance. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesIndian tyremaker MRF posts quarterly profit in line with estimates
India's MRF (MRF.NS) reported quarterly profit broadly in line with expectations on Friday, as the tyremaker benefited from softer raw material prices and steady demand for commercial vehicles. Key Points
ReutersThese midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 15%, according to analysts
Even in volatile markets analysts are bullish on selective mid-cap stocks. One of the reasons, impact of developments in Israel has not been as hard as the street was expecting both in commodity and global equity markets. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesOil falls further on US stock build, easing supply concerns
By Trixie Yap SINGAPORE (Reuters) - Oil prices extended losses for a third session, dragged down by a larger-than-expected crude and gasoline stockbuild in the U.S. and easing supply concerns. Brent Key Points
ThePrint
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 15%, according to analysts
After remaining under the control of bulls, mid-cap stock witnessed a sharp correction early last week and also this week. There is some correction taking place in a few select sectors. However analysts are still bullish on select mid-cap stocks. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesNifty healthcare index stocks; Staying bullish on select pharma and hospitals
While they clubbed together, the operating matrix of a pharma company making drugs and hospital and a diagnostic company are very different. We take a look at what analysts are saying about different stocks from each of these segments. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Key Points
Economic TimesHold on to them: 5 capital goods and engineering stocks with upside potential of up to 22%
Capital good companies had faced tough times for many years. Given the fact that hardly any capacity buildup was taking place in any industry, a number had to change their product portfolio and had to live with very low margins. But all the efforts have now started to show some results. Given the performance of the stock, a large majority of these stocks have hold recommendations from the analysts. Key Points
Economic TimesCementing growth: 5 mid & smallcap cement stocks with an upside potential of up to 29%
While large cement companies might be in the news for one or the other reason, it is the small and midcaps which have shown better than expected performance in Q4. A number of them have reached the capacity levels from where increase in capacity leads to more operating gains. We take a look at what analysts are saying across midcap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters. Key Points
Economic TimesCementing Growth: 5 small- and mid-cap cement stocks with an upside potential up to 25%
While large cement companies might be in the news for one or the other reason, it is the small and midcaps which have shown better than expected performance in Q4. Some of them tend to get ignored because they are regional companies or their overall capacity is not very high. However, from the stock market perspective one has to look at the overall picture. We take a look at what analysts are saying across midcap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters Key Points
Economic Times
19 Nifty Financial Services index stocks have ‘strong buy’ & ‘buy’ recos and only one has ‘hold’. Will ana
In the Q4 earning season where as IT sector results have pushed the market southward it has been financial service stocks including banks and other players which have been able to help nifty recover. On days when global markets are under pressure and nifty is showing signs of out performance. A number of times this up move is led by financial service and bank stocks which are announcing their Q4 result. We take a look at what analysts are saying for select financial service stocks. Key Points
Economic Times5 mid and smallcap cement stocks which can deliver over 16% returns, according to analysts
While large cement companies might be in the news for one or the other reason, it is the small and midcaps which have been showing better than expected performance in Q4. Some of them tend to get ignored because they are regional companies or their overall capacity is not very high. However, from the stock market perspective one has to look at the overall picture. We take a look at what analysts are saying across mid and small cap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters. Key Points
Economic Times