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[hfe_template id='11223'] [ad_1] India Inc's Q4 FY25 earnings season continues this week, with 81 companies scheduled to release their financial results. Key names to watch include ITC, Sun Pharma, IndusInd Bank, Power Grid Corporation of India, Hindalco, Interglobe Aviation (IndiGo), ONGC, Bharat Electronics, DLF, Dixon Technologies, Solar Industries, United Spirits, Ashok Leyland, Grasim, RVNL, and Honasa Consumer. Here are the key earnings to watch out this week: May 19 Acme Solar Holdings, Bharat Electronics, DLF, DOMS Industries, Eris Lifesciences, Gujarat Gas, HEG, IRB Infrastructure Developers, Jupiter Wagons, NLC India, Petronet LNG, Pfizer, PI Industries, Power Grid Corporation Of India, Redington, Sun Pharma Advanced Research Company, The New India Assurance Company, Zydus Wellness. 20th May Aster DM Healthcare, Dixon Technologies (India), EIH, Fortis Healthcare, Gland Pharma, Godawari Power And Ispat, Gujarat State Fertilizers & Chemicals, Hindalco Ind...

[hfe_template id='11223'] [ad_1] The tourism and travel-related stocks in India recently faced a wave of uncertainty, driven by geopolitical tensions between India and Pakistan. Investors reacted swiftly, as disruptions such as flight cancellations, airspace restrictions, and even the suspension of high-profile events like the IPL weighed heavily on sentiment. However, just when the market seemed poised for a prolonged slump, the news of a ceasefire between the two nations shifted the narrative. The question now is whether tourism stocks have truly dodged a bullet and if investors should consider accumulating them. The initial shock: Market's nervous reaction When tensions flared between India and Pakistan, tourism stocks took an immediate hit. Aviation, hotels, and travel services companies saw a marked dip as travel plans were disrupted and cautious tourists postponed their journeys. Arpit Jain, Joint MD of Arihant Capital Markets, noted that the rising geopolitica...

[hfe_template id='11223'] [ad_1] Shares of InterGlobe Aviation, which operates IndiGo Airlines, rose up to 4% to a day’s high of Rs 5,566 on BSE on Monday, as Brent crude oil prices fell below the $60 per barrel mark following OPEC+’s announcement to increase output. Asian Paints shares also gained around 2%, as declining crude prices significantly reduce raw material costs for paint companies. A fall in crude oil prices is beneficial for both airlines and paint manufacturers. For paint makers, lower crude prices lead to reduced input costs and higher margins, thereby boosting profitability. Similarly, for airlines, cheaper fuel improves margins and lifts bottom-line performance. Among other paint stocks, Berger Paints and Akzo Nobel were also trading nearly 2% higher. MRF shares jumped over 2%, as the tyre manufacturer uses crude-derived carbon black as a major raw material. Live Events Meanwhile, fuel retailers like HPCL, IGL, IOC, and BPCL saw gains of 4–6% each.Crude...

[hfe_template id='11223'] [ad_1] The shares of InterGlobe Aviation-owned IndiGo have zoomed 7.9% in just 2 days to hit their new all-time high of Rs 5,187 on the BSE after the airline company shared its ambitious roadmap for FY30. IndiGo, in its investor presentation, shared that it anticipates carrying 118 million passengers in FY25, with early double-digit growth projected for FY26. The airline also aims to expand its network by adding 14 new destinations in FY26, further enhancing its domestic and international reach. Further, IndiGo's expansion into key markets across Asia and Europe may strengthen its global presence. A significant milestone in its fleet strategy is the introduction of Airbus A321 XLR aircraft, with deliveries scheduled to begin in FY26, enabling more efficient operations on long-haul international routes. IndiGo anticipates receiving more than one aircraft per week in FY26 and aims for early double-digit capacity growth, further strengthening i...

[hfe_template id='11223'] [ad_1] An unabated outflow in the secondary market since October is likely to result in the worst ever annual equity selloff for FY25 in rupee terms by foreign portfolio investors (FPIs). They sold Rs30,015 crore worth of equities including primary and secondary markets in the first two weeks of March, taking the total outflow during the fiscal year so far to Rs 1.5 lakh crore. It has surpassed the earlier peak outflow of Rs1.4 lakh crore in FY22. In the dollar terms, FPIs sold $17,664 million worth of equity in FY25 so far, which is lower than $18,468 million sold in FY22. The difference in the rupee and dollar denominated numbers can be attributed to the 12% depreciation in the rupee between FY22 and FY25. ETMarkets.com ETMarkets.com Live Events FPIs were net sellers in the secondary market in March for the first fortnight, selling $3,628 million worth of equities. They remained net sellers on each of the nine trading sessions during the per...

[hfe_template id='11223'] [ad_1] Independent market expert Hemang Jani remains bullish on InterGlobe Aviation-owned IndiGo over SpiceJet amid the limited options in the listed aviation space. In a recent ET Now interaction, Jani reaffirmed his preference for InterGlobe over competitors like SpiceJet, citing operational transparency and growth visibility as key factors. Jani pointed out that while SpiceJet has shown promise, its prolonged struggles in demonstrating operational performance and lack of transparency in sharing key data remain concerning. "It is taking far too long to show any kind of operational performance, and what is concerning is the lack of transparency in sharing the key operational data," he noted. While the last quarter benefited from events like the Kumbh Mela and general activity, he believes investor enthusiasm will remain muted. According to Jani, InterGlobe has been the best play in the aviation sector, with a strong growth trajectory....

[hfe_template id='11223'] [ad_1] Analysts at top brokerage firms have shared optimistic outlooks on key players across diverse sectors, highlighting significant growth opportunities and robust fundamentals for the upcoming year. Bernstein has initiated coverage on Swiggy with an "Outperform" rating, citing its leadership in India's convenience economy and its potential to capitalize on super-fast delivery models. Meanwhile, Jefferies remains bullish on InterGlobe Aviation (IndiGo) and Indian Hotels, emphasizing their strong market positions and promising growth trajectories. IndiGo's dominant share in domestic air travel and cost advantages, alongside Indian Hotels' consistent performance in a cyclical industry and benefits from industry tailwinds, further reinforce their appeal to investors. Here’s a summary of recommendations from top brokerage firms based on ETNow and other sources: Bernstein on Swiggy: Initiate Outperform, Target Price Rs 635 | ...

[hfe_template id='11223'] [ad_1] The Indian market is likely to edge higher on Monday, tracking positive global cues. The Nifty futures closed negative, with losses of 0.97% at 24,215 levels on Friday. On the options front, the maximum Call OI is placed at 25,000, followed by the 24,500 strikes, while the maximum Put OI is at 23,500 and then at 24,000 strikes. Call writing is observed at the 24,300 and 24,200 strikes, while Put writing is seen at the 23,800 and 23,900 strikes. “Options data suggests a broader trading range between the 23,800 and 24,500 zones, with an immediate range between the 24,000 and 24,400 levels,” said Chandan Taparia, Head of Equity Derivatives & Technicals, Wealth Management, MOFSL. “Nifty formed a bearish candle on the daily chart on Friday and has been making lower highs for the last four sessions. It formed a bearish candle and experienced a breakdown on a weekly basis,” he added.“Now, as long as Nifty holds below the 24,250 zones, weakne...

[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 178.62 03:59 PM | 30 Aug 2024 -1.32(-0.74%) One97 Communications Share Price 621.9 03:59 PM | 30 Aug 2024 67.4(12.16%) YES Bank Share Price 23.61 03:59 PM | 30 Aug 2024 -0.13(-0.51%) ITC Share Price 501.9 03:59 PM | 30 Aug 2024 -3.21(-0.64%) HDFC Bank Share Price 1636.9 03:59 PM | 30 Aug 2024 -1.65(-0.11%) Tata Motors Share Price 1111.35 03:59 PM | 30 Aug 2024 -10.31(-0.92%) Zomato Share Price 250.53 03:59 PM | 30 Aug 2024 -1.82(-0.72%) Adani Enterprises Share Price 3019.35 03:57 PM | 30 Aug 2024 -0.81(-0.03%) Infosys Share Price 1943.7 03:59 PM | 30 Aug 2024 10.36(0.54%) Reliance Industries Share Price 3019.25 03:59 PM | 30 Aug 2024 -22.6(-0.75%) Adani Power Share Price 632.05 03:59 PM | 30 Aug 2024 -12.25(-1.91%) Vedanta Share Price 468.45 03:59 PM | 30 Aug 2024 5.06(1.09%) Indian Renewable Energy Development Agency Share Price 241.5 03:59 PM | 30 Aug 2024 -13.25(-5.21%) NHPC Share Price 96...