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3 auto stocks to bet on now: Rahul Shah

Updated at : 2021-10-27 10:20:01

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“Tata Motors, Bosch and Escorts are the three top bets from the auto and auto ancillaries.”

Outlook across various segments, order prospects for the remaining fiscal, core E&C revenue trends and working capital & cash flow management will be keenly watched.

The automaker hiked vehicle prices in July and September. Discount moderation and better volumes may drive sequential margin improvement, analysts said.

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The SHIB token, as it’s known, has risen 13% in the past 24 hours, according to data from CoinGecko. It is currently the 11th-biggest crypto with a market value of nearly $24 billion.

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The plea stems from the fear of getting notices asking them to pay the higher levy retrospectively from July 1, 2017 - when India moved to the GST regime - instead of the 5% they paid till now. If levied retrospectively, the amount will be huge and unsustainable for these businesses.

Wall Street closes at record but Facebook weighs

Updated at : 2021-10-27 09:20:01

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Earnings at S&P 500 companies are expected to grow 35.6% year-on-year in the third quarter, with market participants gauging how companies are navigating supply-chain bottlenecks, labor shortages and inflationary pressures.

The yen was restrained while the risk-sensitive Australian dollar held firm on Wednesday on the back of a solid commodity market and a positive risk mood from upbeat U.S. economic data and upbeat corporate earnings.

“Growth at a reasonable price should be the mantra and it will come in largecaps at some point in time and that is when we will accumulate those.”

Buy Tata Steel, target price Rs 1450: Edelweiss

Updated at : 2021-10-27 09:20:01

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Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 161792.52 Crore) operating in Metals - Ferrous sector.

Zomato to stay focussed on food, will only invest in businesses that can add more than $10 billion to its market cap going forward, says CEO Deepinder Goyal

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