“How much I analyze, I would still not know better than the promoter who is managing the business day to day. I can only look at the numbers and then analyze. So if the promoter also has a really good interest in the company, he will actually try to increase the stake and not decrease. ”
Unglamorous, boring and expensive! Rarely, have the wealth creators been cheap: Atul Suri
“I am one of those guys who is looking for strength. I am looking for those companies that beat and that beat consistently because ultimately that is the characteristic of any wealth creator that you see in Indian stock markets. All these unglamorous, boring companies – electric equipment makers – tend to beat.”
Oil heads for weekly loss as geopolitical risk premium wanes
Brent crude futures were down $1.21, or 1.4%, to $85.64 a barrel at 1431 GMT, while U.S. West Texas Intermediate crude futures fell $1.25, or 1.5%, to $81.21 a barrel.
JSW Infra Q2 Results: Consolidated PAT surges 89% YoY to Rs 254 crore; revenue up 28%
The JSW Group company’s operating profit, calculated as earnings before interest, taxes, depreciation and amortisation (EBITDA) for the quarter increased by 52% on year to Rs 457 crore. Subsequently, the operating margin expanded a sharp 841 basis points to 53.83%.
Shipping Corporation Q2 Results: Net profit declines to Rs 65.7 crore
SCI said shareholders of the company have approved dividend of Rs 0.44 per equity share of face value Rs 10 each.
Taking Stock: Market extends gains on positive global cues, Q2 results
For the week, the Sensex and the Nifty gained nearly a percent each, snapping a two-week losing streak.FO Manual | Nifty resumes uptrend for second day but faces resistance at 19,300
Market breadth is tilted heavily in favour of gainers as more than two stocks rose for each one that fell.Mid-day Mood | Markets maintain momentum amid strong global cues; auto, bank stocks lead charge
Tata Motors was the top gainer in the Sensex pack, vaulting over 2.5 percent, after its return to profitability in the second quarter impressed brokerages.Big movers on D-Street: What should investors do with Britannia, JK Tyre and Minda Corp?
Stocks that were in focus included names like Britannia, which gained 3%, Tata Motors, which jumped 9.77%, and Minda Corp, whose shares declined 0.37% on Thursday.
Asian stocks set for strongest week of 2023 on interest rate cheer
S&P 500 futures were 0.1% lower, weighed by a 3% fall for Apple shares in post-market trade after the tech giant’s sales forecast fell short of expectations.