REC Consolidated September 2021 Net Sales at Rs 10,048.02 crore, up 14.05% Y-o-Y

November 01, 2021 / 12:08 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data ) { $ (‘#backInner1_rhsPop’).html(data); $ .ajax({url:url, type:”POST”, dataType:”json”, data:{q_f:typparam1,wSec:secglbVar,wArray:lastRsrs}, success:function(d) { […]

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Nykaa, Fino Payments Bank preferred picks among IPOs, says Gaurav Hinduja of GEPL

Nykaa, Fino Payments Bank IPOs: In the long run, competition from deep-pocket players and their ability to constantly improve the platform to stay ahead of the race will be a challenge, says Gaurav Hinduja Sunil Shankar Matkar November 01, 2021 / 11:32 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ […]

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Daily Voice | Many companies might delay IPOs if market decline persists, says Divam Sharma of Green Portfolio

Divam Sharma, cofounder of Green Portfolio, a portfolio management company and research house, likes the Paytm and Nykaa IPOs. He said they make a good addition to investment portfolios because they will continue to lead and disrupt their respective spaces. Key stock market indices have declined more than 5 percent from their recent record highs. […]

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MC Interview | Nykaa may be a good addition to portfolio with consumer-facing ideas, says Piyush Nagda of Prabhudas Lilladher

Piyush Nagda, Head of Investment Products at Prabhudas Lilladher, believes Nykaa can sustain a CAGR of around 35 percent in sales, 50 percent in EBIDTA over the next few years with double-digit margins. “These factors, combined with increasing Gen-Z and millennial population, provide strong headroom for growth in fast-growing Beaty, Personal care and fashion market,” […]

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Daily Voice | Any major correction unlikely, but muted trend may hit listing gains, says Vinod Nair of Geojit

It’s time to review and recast the portfolio with a balanced mix of defensives, debt, cash and stocks in upcoming sectors, says Vinod Nair, Head of Research at Geojit Financial Services, suggesting caution to avoid any major setback in an unpredictable and over-appreciated market. “We can expect further correction in the near-term,” he says. “The […]

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MC Interview | 5-10% correction looms on short-term prospect in market, says Rajiv Kapoor of Trustline

Rajiv Kapoor, Vice-President at Trustline Securities, says that buying quality stocks at reasonable valuations is a prudent strategy for the moment. “A correction of 5-10 percent looms over a short span in the market. Long-term investors can hold and accumulate stocks for long-term gains,” he says in an interview with Moneycontrol. Most of the momentum […]

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Vedanta Q2 Results | Profit rises to Rs 4,644 crore, revenue grows to Rs 30,048 crore

We witnessed steady volume performance across business segments, and sustained margins benefitting from high commodity prices despite a challenging cost environment, said Vedanta Chief Executive Officer Sunil Duggal. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var […]

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Bandhan Bank posts Q2 loss at Rs 3,008.6 crore as provisions spike, net interest income up 0.6%

During the quarter, the bank has made accelerated provision on NPA accounts of Rs 1,500 crore resulting in provision coverage ratio of 74 percent as against 62 percent in Q1FY22. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) […]

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MC Interview | Nykaa deserves premium valuation and it#39;ll remain for some time, says Karan Taurani of Elara Capital

Nykaa’s valuations are at 100-150 percent premium as against the global valuations because the growth rate in India is far higher. Sunil Shankar Matkar October 30, 2021 / 10:00 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] […]

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Dr Reddy’s profit rises 30% to Rs 992 crore, revenue rises by 18% to Rs 5,763 crore in Q2

The revenues are higher due to growth in its generics business which grew 19% y-o-y and strong growth in its proprietary business. Representative image ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = […]

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Daily Voice | First-mover advantage, profitability, growth prospects make Nykaa a top pick, says Jyoti Roy of Angel One

Jyoti Roy, DVP- Equity Strategist at Angel One, believes that given Nykaa’s unique business proposition and the fact that it has turned profitable in FY2021 will certainly give it an edge over the other IPOs which are lined up. “Nykaa is our top pick from the list of IPOs lined up. We are more positive on Policybazaar despite […]

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United Brewerie Consolidated September 2021 Net Sales at Rs 1,427.01 crore, up 58.57% Y-o-Y

October 28, 2021 / 02:49 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data ) { $ (‘#backInner1_rhsPop’).html(data); $ .ajax({url:url, type:”POST”, dataType:”json”, data:{q_f:typparam1,wSec:secglbVar,wArray:lastRsrs}, success:function(d) { […]

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Daily Voice | Improving asset quality augurs well for banks, says Ajit Mishra of Religare Broking

Ajit_Mishra1 The upbeat financial scenario in the country sees banks posting a steady improvement in asset quality. This will be important in sustaining the positive environment, says Ajit Mishra, VP – Research at Religare Broking. “Investors, however, should remain selective in this space and stick to large private banks as they have a strong brand name, stable […]

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