Indian Stock Market – Exploring Lucrative Investment Prospects on November 5, 2024
Stock Market And Business Top Stories on 5th November 2024
Check These Stock Trending In The Stock Market
Waaree Energies Ltd
Capital Goods – Electrical Equipment | Mid Cap
Rs.3050.35/-
HDFC Bank Ltd
Financial Services | Large Cap
Rs.1710.70/-
Reliance Industries Ltd
Energy | Large Cap
Rs.1297.80/-
ABB India Ltd
Industrials | Large Cap
Rs.7072.20/-
Tilaknagar Industries Ltd
Consumer Defensive | Small Cap
Rs.331.55/-
BSE Ltd
Financial Services | Mid Cap
Rs.4458.95/-
Gland Pharma Ltd
Basic Materials | Small Cap
Rs.1781.65/-
Dixon (India) Ltd
Consumer Cyclical | Mid Cap
Rs.14513.20/-
Afcons Infrastructure Ltd
Infrastructure Developers & Operators Small Cap
Rs.480.15/-
State Bank of India
Financial Services | Large Cap
Rs.834.50/-
Zomato Ltd
Technology | Large Cap
Rs.241.44/-
Tata Motors Ltd
Consumer Cyclical | Large Cap
Rs.835.90/-
Vodafone Idea Ltd
Communication Services | Mid Cap
Rs.28.12/-
Trent Ltd
Consumer Defensive | Large Cap
Rs.6955.05/-
Azad Engineering Ltd
Engineering | Small Cap
Rs.1685.15/-
Coal India Ltd
Basic Materials | Large Cap
Rs.430.75/-
Trending Top Stories in The Indian Stock Market on November 4, 2024
There is a slight upward trend projected in the periodical forecast for the Mazagon Dock, predicting a 47% rise in the net profits of ₹489.20 crore and a 20% rise in sales, coming down to a figure of ₹2,193.20 crore, as per Nirmal Bang.
Citi is maintaining a buy recommendation on Indraprastha Gas Ltd., with a target value of Rs. 525, since it observed a robust 9% YoY volume growth for Q2.
It has been stated that, Bharat Forge has made the lowest bid for the Rs. 6,000 crore tender to supply Advanced Towed Artillery Gun Systems to the Indian Army.
Maruti Suzuki unveils e Vitara, its first electric vehicle for India, with production starting in March 2025.
Goldman Sachs maintains a Neutral rating on Bharat Petroleum, citing unfavorable risk-reward for OMCS given the shares declined by 10.8% in the prior month.
Nomura maintains Buy rating on Exide with the target price of ₹589; Morgan Stanley and Citi also maintain positive outlooks with target prices of ₹538 and 540, respectively.
Bharti Telecom raised Rs 11,150 crore via bond issues across six tranches, with coupon rates between 8.25% and 8.90%.
Dhampur Bio reports a second-quarter FY25 net loss of ₹23.37 crore, down from a profit of ₹0.06 crore, with sales down 13.42% YoY.
L&T to acquire up to 21% stake in E2E Networks Ltd for ₹1,079 crore through a preferential issue of shares.
Dr. Reddy’s Laboratories expected a decline in net profit at 4% for Q2 FY25 at Rs 1,425 crore while estimating a 13% rise in sales year-over-year.
Citi has maintained its sell call on Bata India, with a target price of ₹1,050, being blamed on muted revenue growth and a decline in profitability.
Dr Reddys Laboratories expected to post a mere 13% sales growth-3% drop in net profit for Q2 2024, driven by strong sales on the domestic and US markets.
Dixon Technologies sets up its wholly-owned Dixon Teletech as a company to manufacture those components of IT hardware products.
Nomura maintains a Buy call on KEC International, giving a target price of ₹1,030/share, setting such a call on the basis of strong order inflows and strong growth opportunities.
Titan expected a massive decline in net profit by 27% in Q2 2024 owing to inventory loss. The company projected growth in net sales by a good 3%.
Nomura maintains a buy call on KEC International with a target price of 1,030/share, citing strong order inflows and growth potential.
Titan’s Q2 2024 net profit is likely to drop by a massive 27% this quarter, subject to huge losses from held inventories, though net sales stand to grow by a fair 3%.
Talk about Bharat Forge being the lowest bidder for a €7,000 crore deal to supply advanced towed artillery gun systems to the Indian Army!
Amara Raja Energy has announced a 6.3% rise in its net profit to Rs 240.7 crore, in the company of its prospective investment of Rs 1,000 crore in a subsidiary involved in gigafactories.
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