"On the other hand, operating profit trends appear strong – showing clear trends of margin expansion (across both large- and smallcap stocks). Aggregate operating profit growth picked up to around 5 percent YoY from zero a quarter ago. Margin improvements in largecap space is stronger than that of SMID (small-midcap)," it added. … [Read more...] about Q3 earnings show weak topline performance; brokerages pick these 14 midcap ideas
Market outlook for tomorrow nifty
In October 2019, days before its listing on the bourses, IRCTC was commissioned to operate Tejas Express making it the country's first private train operator. And with the recent launch of Kashi Mahakal Express, IRCTC now has three trains in its fleet, a number expected to grow over the years. … [Read more...] about IRCTC rallies 500% since listing; is the end of the road near?
Disclaimer: The above report is compiled from information available on public platforms. Moneycontrol advises users to check with certified experts before taking any investment decisions.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about IndusInd Bank shares jump 4%; Macquarie remains positive on stock
The company has historically been trading at 1 year forward P/E band of 16x. Its continued focus on its R&D efforts and tie-ups with global players to market and launch new innovative products along with cost optimisation efforts would drive its overall growth going forward.Disclaimer: The views and investment tips expressed by brokerages on moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Brokerages initiate coverage on these 10 stocks in July, expect 17-46% returns
This will majorly impact overseas investment as about 40 percent of the FPIs will fall under the higher tax bracket as they invest in Indian markets as a non-corporate entity such as trust or association of persons (AOPs), which under the Income Tax law are classified as an individual for the purpose of taxation. … [Read more...] about FPIs pumped in Rs 2,596 crore in June – here’s a look at their shopping list