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Net crude realisation, adjusted for windfall tax of USD 10.2/bbl (or INR29.4bn), was higher at USD 75.8/bbl (vs. JMFe of USD 73.1/bbl). OVL’s production continues to be weak but earnings has partly recovered.

Mutual funds have increased their holdings in auto ancillary makers across the board for three quarters in a row. Foreign institutional investors and retail investors too, have raised their ownership in some of the names.One stock that has seen buying across the investor fraternity is Sona BLW Precision Forgings

Given the multiple near-term levers, enviable biosimilars pipeline, strengthening of leadership teams, favourable valuation and marquee investors backing, JM strongly believes the company is well poised to turn the tide in its favour.

Promoters held 41.94 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 26.77 per cent and 14.49 per cent, respectively.

Aster DM Healthcare key Products/Revenue Segments include Hospital Services, Pharmaceuticals, Other Operating Revenue, Other Services, Consultancy Income for the year ending 31-Mar-2022.

In an analysis by ETMarkets.com, we found that 11 stocks were added to at least 10 MF schemes in the month of January 2023 compared to the previous month. Out of these stocks, 3 have given returns of over 50% in FY23 so far, while most of them have been positive performers.

The stock quoted a 52-week high price of Rs 90.67 and a 52-week low of Rs 65.2.

“The biggest myths people have is that equity should give linear returns. It should go up 12%-15% like a clock every year. Unfortunately that can and will never happen because if it happens, the stock market institution will cease to exist. It always goes between fear and greed and right now there is somewhat more pessimism than is warranted by the actual reality of the drama.”

The PSU stock reported a strong December quarter on the back of higher net interest income (NII), growth in loan book as well an improved asset quality mix, suggest experts

Westlife Foodworld, incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 10712.81 Crore) operating in Tourism & Hospitality sector.