Motilal Oswal suggests buying Kajaria Ceramics with a target price of Rs 1,450. Kajaria Ceramics reported a total income of Rs 1189.14 crore and a net profit of Rs 88.46 crore in the last quarter. The company is expected to see significant growth in revenue, EBITDA, and PAT over FY25-27, with improving margins.
REC shares 1.07 per cent in Thursday’s trading session
The Relative Strength Index of the stock stood at 39.12 on Thursday.
FDI bright spark amid weak external indicators in October
However, other indicators showed a decline. Non-resident Indian (NRI) deposits and outward remittances under the liberalised remittance scheme slowed in October.
Stocks To Buy For 2025: Sagility, Indigo among top 5 stocks which could give 17-37% return
ETMarkets collated a list of recommendations from top brokerage firms from ETNow and other sources for the year 2025.
Unimech set for high altitudes, boarding it could be worth it
The promoter group’s stake will fall to around 80% after the IPO from nearly 92%. The company operates in a niche segment with high growth potential. It has among the highest margins and returns ratios in its areas of operation. Given these factors, investors may consider the IPO.
Positive Breakout: These 5 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Prefer proxy plays in metal, tech or IA to do better than traditional IT: Devang Mehta
Devang Mehta, Director of Spark Private Wealth, highlights a shift from conventional to non-conventional businesses in India’s benchmark indices. He suggests focusing on innovative companies in sectors like manufacturing, engineering, and capex, particularly power automation and renewables. He also notes the potential of recent IPOs like Swiggy and companies crucial for India’s growth, such as JSW Infra and Inox India.
Aayush Wellness record date for 1:2 bonus issue tomorrow. Last chance to buy
Aayush Wellness shares are expected to draw attention on Tuesday, as the company has set December 26 as the record date to identify eligible shareholders for its bonus share issuance.
SAIL, JSW Steel among other steel stocks in focus as India begins safeguard probe for steel imports
India launched an investigation into a potential surge in steel flat product imports following a complaint by the Indian Steel Association. The association, representing major steel producers, alleges harm to the domestic industry and seeks safeguard duties. The probe covers various steel products and will examine imports from October 2023 to September 2024, with a possible 20% safeguard duty considered.
Ultratech Cement shares in focus as CCI approves equity stake acquisition in The Indian Cements
Ultratech Cement’s bid to acquire a significant stake in The India Cements has received a green light from the Competition Commission of India (CCI). The acquisition involves a primary purchase and an open offer, totaling a potential 32.72% stake. While Ultratech Cement’s stock has seen fluctuations recently, this development could impact its trajectory.