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[hfe_template id='11223'] [ad_1] Synopsis There are two events the street is looking at in the short term. One, of course, is the immediate aftermath of Trump taking office as US president. And two, the Union budget. The street would be interested in the situation on the fiscal front and whether the government will push spending. It is evident by now that it is government spending that is driving economic growth, as private sector capex is still not visible in a big way. Our selected stocks for the day depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. As Donald Trump returns to the White House and the world braces for a new order, markets are likely to be in a state of confusion and volatility. For India, you can add to this the near-term interpr...

[hfe_template id='11223'] [ad_1] Shares of Shree Cement dropped 4% on Tuesday to an intraday low of Rs 23,500.15 on the BSE after the Kolkata-based company’s Q2 profit plunged more than 80% on year to Rs 93.13 crore. The profit was weighed down by weakness in both demand and prices for the building material during the three months. While the September quarter is seasonally weak for cement makers, the country’s third-largest producer’s sales volume slipped as compared to the previous year as well - 7% lower at 7.60 million tonnes. The company’s net revenue from operations fell 18% on year to Rs 3,727 crore, while earnings before interest, tax, depreciation, and amortization fell 32% on year to Rs 593 crore. After the second quarter results, here is what analysts say: HDFC Securities: Add | Target price: Rs 26,700 The fuel cost is expected to gradually cool off by 12% from Q2FY25 levels in the next three quarters. The company expects a Capex of Rs 4,000 crore each year for...

[hfe_template id='11223'] [ad_1] Shares of Shree Cement on Thursday fell 4% on BSE to its day’s low of Rs 24,234.15 after the company reported a 51% year-on-year (YoY) decline in its net profit for the June quarter to Rs 278.6 crore. The company reported a net profit of Rs 572.3 crore for the corresponding quarter of the last financial year. Meanwhile, the revenue from operations stood at Rs 5,123.9 in the June quarter of FY25, up by 1.75% from Rs 5,035.6 crore reported in the year-ago period. The company's total expenses in the June quarter grew by 4.4% to Rs 4,618, up from Rs 4,422 in Q1FY24. In the previous quarter, the total expenses were reported at Rs 4,438 crore. Here is what brokerages say: Nomura: Buy| Target price: Rs 33,400 Nomura maintained a buy call on Shree Cement with a target price of Rs 33,400.Q1 results’ lower-than-expected blended realization leads to an EBITDA miss while the capacity expansion is on track to reach 74MT by FY26F. Motilal Oswal: Ne...