KRISHNA DEFENCE AND ALLIED INDUSTRIES LTD Q3 RESULTS
Defence stocks: Buy, sell, hold? Answer lies in understanding business & diversification: 7 stocks with upside potential of up to 56%
Just before the general elections of 2024, defence sector stocks were in the limelight. They were grabbing attention and also getting re-rated. But for the last many months, especially since the correction began in October, defence stocks have been under pressure. Many explanations are being offered for this: Some believe they were overvalued from the start. Others say that because a number of them are PSUs, they should not have gotten those valuations. There are two parts to this issue: One, is the valuation. And two, is the real business of these companies. Is it improving? If the answer is yes, then these companies will get re-rated again sooner or later.
Q3 results this week: Adani Enterprises, Bajaj Finance, Nestle, Maruti, Tata Steel among 140 companies to announce earnings
The third quarter (Q3 FY25) earnings season is underway, with 140 companies set to announce their results this week. Some of the prominent names include Tata Steel, Bajaj Auto, L&T, Adani Enterprises, Adani Ports, TVS Motor, Bajaj Finserv, Bajaj Finance, Maruti Suzuki, Tata Motors, IndusInd Bank, ONGC, and Nestle India, among others.
Cyient CEO Karthikeyan Natarajan quits after poor Q3 profit
Cyient's CEO Karthikeyan Natarajan resigns after a brief tenure, triggering over a 20% drop in share prices. The company recently posted weak Q3 results with a 31% decline in net profit due to slower growth and higher costs. Cyient plans to explore additional capital raising for its semiconductor subsidiary.
These mid-cap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
While every earnings season is important, sometimes a particular season becomes critical because it provides a clear picture of what is happening not only with a company, but also the sector it is in, as well as the broader economy itself. The ongoing Q3 earning season is one of those critical periods. The reason: It will reveal how the festive season, so important for several sectors as well as the broader economy, has panned out. So, this earning season, be watchful and stay with select stocks. Also, make sure that you don't sell just because of short-term narratives governed by price action.
Cyient DLM shares slide over 13% after Q3 PAT declines 9% YoY. What investors should do
Cyient DLM reported an adjusted PAT of Rs 166 crore for the quarter. Revenue grew 38.4% YoY to Rs 4,442 crore, while adjusted EBITDA rose 21.9% YoY to Rs 359 crore. However, the EBITDA margin contracted by 109 basis points to 8.1%, and the adjusted PAT margin declined 200 basis points YoY, settling at 3.7%.
Q3 earnings: Which sectors will throw up positive surprise & what will disappoint? Siddhartha Khemka answers
Siddhartha Khemka of Motilal Oswal Securities anticipates a sluggish quarter for Nifty50 with 4% earnings growth. However, he thinks healthcare, technology, and capital goods stocks may perform well, while commodities and cement could struggle. Positive highlights include the auto sector's new launches at Bharat Expo and prospects for textile and railway stocks.
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Pre-budget rally in PSUs, defence & railway stocks a damp squib in last 6 budgets. Where to spot opportunities?
PSUs, defense, and railway stocks have shown mostly negative returns in the fortnight before the budget over the last six years. PSU stocks performed poorly in five out of six budgets, while railway and defense stocks have also been lackluster, except during the 2024 interim budget.
Q3 results: TCS, DMart among 36 companies to announce earnings this week
Emerald Finance, Samsrita Labs, Longspur International Ventures, Asian Flora, Mapro Industries will announce their quarterly results on January 6.
Net-net growth path visible for India in 2025; looking for rebound in consumption: Krishna Sanghavi
Krishna Sanghavi of Mahindra Manulife MF highlights India's sectoral recovery potential and the importance of volume-driven earnings growth. He discusses the impact of US policy changes, government's spending trajectory, and sector-specific outlooks for 2025. He suggests focusing on stocks with strong business fundamentals and sees opportunities for growth in pharma, capital goods, and PLI beneficiaries.
Japan Cabinet OKs record defence budget as it pushes strike-back capability to deter regional threat
Japan approved a record defence budget for 2025, focusing on long-range missiles and deploying Tomahawks. The budget includes spending on missile defence, new destroyers, and a next-generation fighter jet developed with Britain and Italy. Japan aims to strengthen its domestic defence industry and deepen cooperation with allies, including Australia.
Ganesh Infraworld IPO Day 3: GMP, Price Band, Subscription and Key Dates
Ganesh Infraworld's SME IPO achieves a substantial subscription of 369.7 times, aiming to raise Rs 98.6 crore with a fresh equity sale of 1.18 crore shares. The funds are allocated for long-term working capital and corporate purposes. The shares are priced between Rs 78-83, with a GMP of Rs 73, indicating an 88% upside potential.
12 stocks to trade ex-dividend from Friday. Last chance to buy for eligibility
Twelve companies, including Orient Technologies and Steelcast, have set November 22nd as the ex-dividend date. Investors looking to receive dividends from these companies must purchase shares before this date. The article lists each company and their respective dividend amounts.
Transition from agro to clean energy: 6 stocks from the sugar sector, 3 with upside potential of up to 30%
It is important to know the reason why you are buying a stock – it has a direct correlation to the amount of time you may hold it. It is equally important, however, to assign a reason for selling a stock at a particular point of time. Why? Because that has a strong correlation to the probability that you will buy the stock again – at a higher price. To illustrate: A recent development in Brazil led to a spike in global sugar prices. Now, if you bought a sugar stock because of that, you may sell it. But if you bought it because sugar companies are transitioning from the agro to the clean energy sector because of ethanol – then you got it right, and there is no reason to sell. In fact, something interesting happened – or did not happen – before the coming Maharashtra elections which adds to the list of reasons why sugar stocks should not be sold.
Earnings downgrade cycle largely over, no major cuts expected from Q3 onwards: Pawan Parakh
I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India's performance, two sectors have disappointed slightly. First is the banking sector, where we’ve seen a rise in NPAs from unsecured loans
Ashok Leyland Q2 Results: Profit jumps 37% YoY to Rs 770 crore; Rs 2 per share dividend declared
Ashok Leyland reported a 37.2% YoY rise in Q2 net profit to Rs 770 crore, surpassing estimates. However, revenue fell 9% YoY to Rs 8,768.8 crore. The company declared an interim dividend and maintained strong market shares in MHCV and buses.
India & US partner to establish semiconductor fabrication unit for national security needs
A multi-material semiconductor fabrication unit is set to be established in Jewar, Uttar Pradesh, as part of an agreement between India and the US during Prime Minister Narendra Modi's recent visit. This facility will produce advanced chips for military applications, catering to the national security needs of both countries, including technologies for night vision, missile-seekers, drones, and more.
Investing in bank, auto, healthcare, metal or IT stocks? Check how different sectors of Nifty 500 fared in Q1 2025
Despite the weak June quarter performance, an Antique Stock Broking earnings review report expects a minimal earnings downgrade in coming quarters. The report lists increased economic activity, especially government spending, rural recovery, given the outlook of above-normal monsoon, lower commodity prices, likely start of the rate cut cycle and expectations of healthy upcoming festive demand as some of the factors that will support the performance of corporate India. Here’s how different sectors of the Nifty 500 fared in the first quarter of 2024-25.
India's GDP hits 15-month low of 6.7% in Q1FY25
India's gross domestic product grew at 6.7 per cent for Q1FY25. Experts were anticipating moderate growth for this quarter, attributing their expectations to the general elections of 2024, a slump in urban consumption and a previously-sluggish rural growth. The Reserve Bank of India had in August projected India's GDP to grow at 7.1 per cent for the first quarter of fiscal year 2024-25.
Mutual funds hit sell button on HAL, GRSE, 10 other defence stocks. Should you too book profits?
Mutual funds offloaded shares in 12 defence stocks amid concerns over high valuations, with retail investors stepping in to buy. Foreign institutional investors also increased their holdings in many of these stocks. Experts advised a careful stock-specific approach as high valuations may limit near-term gains despite strong order books and government focus on indigenization.
Vedanta shares to trade ex-dividend on Friday. Last chance to buy for eligibility
Vedanta has set August 3 as the record date for the dividend. Since August 3 falls on a Saturday, a market holiday, the ex-dividend date is August 2. Therefore, today is the last day to purchase the shares to be eligible for the dividend payment.
Q1 results this week: ITC, SBI, TaMo, Zomato among 130 firms to announce earnings
This week, several prominent companies released their June quarter financial results. Firms like ITC, SBI, Adani Ports, Tata Motors, and M&M showcased their reports between July 29th and August 3rd. The updates offered a glimpse into their quarterly performance, engaging the attention of investors and stakeholders.
Defence stocks HAL, Bharat Dynamics, others recover from 10% fall post budget jitters
Defense stocks, both public and private, experienced sharp declines following the budget announcement, with PSU heavyweights like Hindustan Aeronautics Limited, Bharat Dynamics, and Mazagon Dock Shipbuilders plunging 10% intraday. Private sector counterparts Paras Defence and Space Technology, and Krishna Defence and Allied Industries also saw 5% drops.
In a growing economy, new defensive sectors tend to emerge: 5 tiles and ceramic and home makers stocks with upside potential of up to 41%
Many times the word, defensive stocks is used on the street. Most of the time it is FMCG, pharma and others which are referred to as defensive stocks. The reason being that the demand for these companies is steady and is not impacted much even when there is any slowdown in an economy. The question is in an economy which is growing faster and new areas of consumption are coming up every second day, where the demand from being seasonal and cyclical has reached a stage where in all economic conditions it stays above single digit, shouldn't those also be considered as defensive and valued accordingly. Probably the Indian economy has reached a stage where the demand for tiles, ceramic and home building products, ex-cement has reached a level where in worst cases it will not go below a point.
Q4 results today: Tata Consumer, ICICI Pru among 15 companies to declare earnings
Q4 results today: On Tuesday, approximately 15 companies are scheduled to announce their quarterly performance. Among these, investors will pay particularly close attention to Tata Consumer, ICICI Pru, Cyient DLM, MCX, and others.
Q3 results today: Bharti Airtel, Ashok Leyland among 120 companies to announce earnings
Q3 results today: On Saturday, 52 companies including State Bank of India (SBI), Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technology, Gujarat Alkalies & Chemicals and Krishna Institute of Medical Sciences (KIMS).
Q3 results today: SBI, Clean Science, KIMS among 50 companies to announce earnings
Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technology, Gujarat Alkalies & Chemicals, and Krishna Institute of Medical Sciences (KIMS), will announce their December quarter earnings. The market is particularly interested in the results of PSU lender State Bank of India (SBI).
Q3 results today: L&T, Bajaj Finserv, Dr Reddy's among 95 companies to announce earnings
Q3 results today: Tuesday marks the announcements of December quarter earnings for 95 BSE listed companies. Larsen & Toubro, Bajaj Finserv, and Dr Reddy's Laboratories are the key companies to watch. Other important results include Cochin Shipyard, Blue Star Company, Dwarikesh Sugar Industries, KEC, Mahindra & Mahindra Finance, KPIT Technologies, NDTV, PB Fintech, Star Health and Allied Insurance, Vaibhav Global, VIP Industries, and Voltas.
Q3 results this week: ITC, Adani Ports, Bajaj Finance, IndiGo, SBI, Tata Motors and others
ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, among others will report their December quarter numbers on Jan 29
Paytm trims Q3 losses; Dream11 FY23 revenue grows 66%
Digital payments major Paytm on Friday said it has narrowed losses to Rs 222 crore for the quarter ended December, from Rs 392 crore a year ago and Rs 290 crore in the preceding quarter.
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