US Stock Reports, Quotes and News
Government-owned BoB told stock exchanges that the RBI, in a letter dated May 8, conveyed the decision to lift the restrictions on \’BoB World\’ with immediate effect.
The profit after tax (PAT) is seen in the range of Rs 7,438 crore and Rs 8,350 crore while the revenue is expected to stay between Rs 1,05,932.40 crore and Rs 1,21,606.80 crore, the estimates revealed.
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Chandraprakash Padiyar discusses market uncertainties due to high valuations despite positive business outlook. He highlights concerns over political changes impacting market reactions and discusses challenges in the specialty chemical industry due to Chinese competition. He also says near-term, the earnings look fairly decent from whichever portfolio companies have reported till date.
Nischal Maheshwari discusses the positive outlook for private banks and key sectors like IT, banking, and FMCG. He also comments on Bharat Forge\’s success in defense investments and praises Hero MotoCorp\’s position in rural recovery and EV markets. Maheshwari also says that Hero is the best place to play the rural recovery game.
Harshad Patil focuses on identifying small-cap businesses poised to benefit from manufacturing emphasis and formalization, delivering consistent earnings growth for long-term value creation. Tata AIA\’s diverse product range outperforms benchmarks, maximizing investor returns.
George Thomas, Equity Fund Manager at Quantum AMC, warns of full valuations in most sectors for FY25, emphasizing demand growth necessity. He advises on ideal asset allocation strategies for moderate risk profiles investing Rs 10 lakh for 10 years.
Rahul Shah, VP-Equity Advisory at MOFSL, analyzes market trends, emphasizing financial sector performance and recent corrections. He highlights earnings season outliers, including tech sector struggles and notable results from private banks like Axis and ICICI. Shah says: \”Volatility has continued but I would start deploying or maybe we will stay invested. \”
Hemang Jani foresees significant opportunities in defence, real estate sectors, and potential comebacks in Tata Motors and Biocon. Strategic tie-ups, loan growth, and M&A activities are key factors influencing stock re-ratings. Among defence stocks, \”Bharat Electronics and HAL are the two names that we should have as part of the core portfolio and these companies can give a 16% to 20% kind of CAGR over the next two to three years.\”