Reseñas

Citigroup downgraded JSW Steel to a sell rating from neutral post December quarter results with a target price of Rs 675.

The study published in the Mausam journal of the India Meteorological Department earlier this month used rainfall and temperature data collected between 1986 and 2020 to project the impact of climate change on five major crops — rice, maize, cotton, wheat, and potato — in the agrarian state.

“We are confident in our understanding of the current methodology and rule out its inclusion in this review,” said Abhilash Pagaria, head – of alternative and quantitative research at Nuvama Wealth, in a report on Monday.According to Nuvama Wealth, until the merger got completed and fresh shares were credited to Continue Reading

During the December quarter, Kacholia added Goldiam International, Raghav Productivity Enhancers and Knowledge Marine & Engineering Works to his portfolio.

“We have had to cut our estimates by ~15% for FY2024-25 to reflect slower loan growth and loan mix shifting away from higher-yielding MFI loans. Though we have been cutting our estimates in recent quarters, mostly driven by higher loan-loss provisions, we see a very low probability of further downgrades. Continue Reading

​​If the Nifty crosses and sustains above 18,200 level, it would take the index towards 18,500 levels, analysts said. HDFC Bank, TCS, L&T, UltraTech Cement, Sterlite Technologies, Persistent, ONGC, Coal India, and Vedanta are some of the stocks that look bullish on charts, according to analysts.

In a free-flowing interaction, Jugeshinder (‘Robbie’) Singh touched upon the group’s leverage issue, high valuations, the strategy to woo retail shareholders, and the secret behind keeping the hydrogen business cost-effective

Definitely, the result is very-very strong as everyone had expected. We are seeing there is a strong credit up cycle and all banks are reporting spectacular numbers, again the same with ICICI Bank. The loan growth has come at about 20% to 21% which is fantastic given that the system Continue Reading

“Nifty’s 17800-18200 range has been holding for some time now. To break the upper end of the range, the market needs positive triggers. Early Q3 results broadly have been positive with IT companies and banks delivering good results,” Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.

2022 was year full of uncertainty and geopolitical tensions. For India, the crude and other commodity prices going up pressured the deficit numbers. 2022 saw the steepest rise in global interest rates following the rise in inflation.