Analysis Financial News

Sundaram Brake(up 20.00%), AdityaBirlaMoney(up 19.97%), Kridhan Infra (up 19.86%), Rajdarshan Ind(up 18.96%), Indo Asia Fin(up 18.65%), Crown Tours(up 18.13%), Ventura Text(up 17.62%), Indo Us Bio-Tech(up 16.23%) and J. Taparia Proj(up 15.36%) were among the stocks that surged over 15%.

DLF Ltd. 1.41 per cent to Rs 868.75 at 10:51AM (IST) in Monday's trade. The counter has hit a high of Rs 873.45 and low of Rs 855.60 so far during the session. The stock had closed at Rs 856.60 in the previous session. The counter has had a total traded volume of 85294 shares so far with a value of Rs 7.36 crore on the NSE. It traded at a price-to-earnings multiple of 59.64 and a price-to-book ratio of 5.64.

DLF Ltd.(up 1.43 per cent), Sobha Ltd.(up 0.79 per cent), Oberoi Realty Ltd.(up 0.52 per cent), Godrej Properties Ltd.(up 0.38 per cent) and Prestige Estates Projects Ltd.(up 0.33 per cent) were among the top gainers.

On the BSE, Adeshwar Meditex(down 20.00 per cent), Mishtann Foods(down 19.96 per cent), Shivansh Finserve(down 15.00 per cent), AVI Products India (down 12.23 per cent) and Aztec Fluids & Machi(down 10.73 per cent) were among the stocks that plunged over 5 per cent during the session.

Crompton Greaves Consumer Electricals Ltd. traded at Rs 412.15 on BSE at 10:04AM (IST) on Monday, 1.35 per cent from previous close. The stock quoted a 52-week low price of Rs 262.10 and a high of Rs 483.65.

Natco Pharma Ltd.(up 0.83 per cent), Mankind Pharma Ltd.(up 0.67 per cent), Torrent Pharmaceuticals Ltd.(up 0.23 per cent), Granules India Ltd.(up 0.15 per cent) and Ajanta Pharma Ltd.(up 0.13 per cent) were among the top gainers.

buy call on Inox Wind with a target price of Rs 245. The current market price of Inox Wind is Rs 206.4. Inox Wind, incorporated in 2009, is a Small Cap company with a market cap of Rs 26854.24 crore, operating in the Power sector. Inox Wind's key Products/Revenue Segments include Wind Turbine Generator, Sale of services and Other Operating Revenue for the year ending 31-Mar-2024.

REC Ltd. traded at Rs 562.90 on BSE at 10:09AM (IST) on Monday, 0.71 per cent from previous close. The stock quoted a 52-week low price of Rs 389.05 and a high of Rs 653.90.

buy call on Lemon Tree Hotels with a target price of Rs 164. The current market price of Lemon Tree Hotels Ltd. is Rs 136.65. Lemon Tree Hotels, incorporated in 1992, is a Mid Cap company with a market cap of Rs 10829.22 crore, operating in Tourism & Hospitality sector. Lemon Tree Hotels' key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services and Other Operating Revenue for the year ending 31-Mar-2024.

The Nifty future closed positive with gains of 0.04% at 24775 levels on Friday. India VIX closed at 14.14 in the previous trading session.

RBI guidelines and the rates at which they are able to lend in foreign currency,” says Bhavik Thakkar, CEO Abans Investment Managers. In an interview with ETMarkets, Thakkar said: “For NRIs since rates have gone down in global major economies, India FCNR rates relatively becomes attractive, if it further goes up, it may benefit them more,” Edited excerpts:

central banks globally expected to ease monetary policies in 2025, growth stocks, particularly in sectors like technology, healthcare, and renewable energy, are expected to see significant gains,” says Subhash Chand Aggarwal, Chairman & Managing Director, SMC Global Securities Ltd, said. In an interview with ETMarkets, Aggarwal said: “A diversified portfolio that includes both growth and value stocks can help mitigate risks and capitalize on opportunities in 2025,” Edited excerpts:

buy call on Ashok Leyland with a target price of Rs 255. The current market price of Ashok Leyland is Rs 232.9. Ashok Leyland, incorporated in 1948, is a Large Cap company with a market cap of Rs 68298.36 crore, operating in the Auto sector. Ashok Leyland's key Products/Revenue Segments include Commercial Vehicles, Spare Parts & Others, Sale of services, Engine & Gensets, Ferrous Castings, Scrap, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2024.

shares of Property Share Investment REIT IPO will debut on the BSE platform on Monday. Ahead of the listing, the company's shares had no GMP in the grey market. The REIT IPO of Property Share Investment Trust was fully subscribed on the final day of bidding at 1.19 times at close.

Here's breaking down the pre-market actions:

Gold prices inched higher on Monday as investors awaited U.S. inflation data, set for release this week, for insights into the Federal Reserve's monetary policy.

Oil prices were mixed in early Asia trade on Monday as concerns over weak Chinese demand were offset by rising tensions in the Middle East following the rebel overthrow of Syrian President Bashar al-Assad. Brent crude futures fell by 1 cent to $71.11 per barrel by 1117 GMT. U.S. West Texas Intermediate crude futures rose by 1 cent to $67.21 per barrel.

Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings this week, while the euro and other major currencies held steady as traders reviewed the U.S. dollar's prospects. With a quarter point rate cut by the Federal Reserve next week a near certainty as per market pricing, analysts say the dollar is looking tired after its long run-up in the four weeks since Donald Trump won the presidential election.

Ultratech, Paytm, L&T, Biocon, Alembic Pharma among others will be in focus due to various news developments. L&T Larsen and Toubro (L&T) has overturned a Rs 702 crore customs duty demand following a favourable ruling from the Central Excise & Service Tax Appellate Tribunal.

Technical indicators point to a bullish trend as the Nifty breaks out of a five-week consolidation, paving the way for an extended rally toward 25,200 in coming weeks, according to analysts. Stocks like Reliance, SBI, Infosys, L&T, Axis Bank, PFC, Titan, National Aluminium, Natco Pharma, MCX, CDSL, BSE, and Indian Hotels are poised for short-term upside, they added.

revenue and profits due to demand concerns, a handful of companies across sectors reported net profits for the first half of FY25 that exceeded their respective profits for the entire previous fiscal year helped by various factors such as growing revenue, lower input costs, inventory benefit, lower tax outgo, and improved operating cash flows. There were eight such companies among the BSE 200 index components including Bharti Airtel, Zomato, Vedanta, Dixon Technologies (India), PB Fintech, Godrej Properties, Voltas, and Adani Wilmer arranged in the descending order of their current market capitalisations. Among these companies, food delivery provider Zomato, electronics manufacturer Dixon, online insurance solutions provider PB Fintech, Realty developer Godrej Properties, and air conditioning major Voltas reported robust revenue growth year-on-year in the six months to September 2024. For Dixon, revenue rose sharply by 120.5% to Rs8,214.7 crore while net profit jumped by 197.3% to Rs523.5 crore, surpassing the FY24 net profit of Rs367.8 crore.