Fundamental Picks

Bajaj Finance hits record high on better than expected Q3 earnings

[vc_row][vc_column][vc_column_text]         Bajaj Finance stocks rallied more than 4 percent to hit an record high of Rs 4,444.00 on January 29 after earnings beat analyst expectations, and the stock continued its rally touched intraday high of 4485.00 (at the time of writing) ?in the early trade on January 30, 2020.   ? …

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UltraTech Cement showed signs of a demand revival

[vc_row][vc_column][vc_column_text] The Cement Manufacturing Company reported a consolidated profit of Rs 711.3 crore for the third quarter FY20, reporting a year-on-year growth of ?90.2 percent, And a revenue of Rs 10,354 crore that fell 0.9 percent YoY. The company reported an earnings before interest, tax, depreciation and amortisation (EBITDA) of ?Rs 1,973 crore , an …

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ICICI Bank is showing healthy signs of earnings normalization

[vc_row][vc_column][vc_column_text] ICICI Bank posted a robust set of numbers in the quarter ended December 2019 with two-fold jump in profit in line with Street estimates. It reported a healthy 158.4 percent year-on-year (YoY) growth in Q3FY20 profit at Rs 4,146.46 crore from Rs 1,604.91 crore in the same period last year. The Bank?s NII during …

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‘Rally could extend to mid, smallcaps in 2020, stay invested in quality names’ – Moneycontrol

[vc_row][vc_column][vc_column_text] Moneycontrol.com? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?Published On : Jan 22, 2020 By Rahul Agarwal (The author is Director at Wealth Discovery/EZ Wealth.) Going forward, the beaten down stocks in all spaces …

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Stocks in the news: RIL, Infosys, Piramal Enterprises, NHPC , Jet Airways, Chalet Hotels, United Spirits, DHFL, Fortis Health, Chalet Hotels

[vc_row][vc_column][vc_column_text] Reliance Industries: RIL too is expected to hog the limelight as the company on Monday soft launched its retail venture Jio Mart. Infosys: The Company on Monday said in a regulatory filing that it will release financial results of December quarter of the financial year 2019-20 (FY20) on January 10. Piramal Enterprises: Company approved …

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Sound mid & smallcaps offer better margin of safety for long-term investment

[vc_row][vc_column][vc_column_text] After suffering through around two years of underperformance, now it?s time to relook at mid and smallcap stocks which may act as a wealth generator in future. The divergence between the two groups is ?significant? compared with longer-term historical correlations, .The MSCI India Mid-Cap Index has lost around 17 per cent in the past …

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