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​So, if you see FMCG stocks have not done anything in the last three-four years because that is where consumption has hit the most because of higher GST or whatever may be the reason, but these stocks have gone nowhere.

I am still actually quite bullish on defence, on Indian infrastructure, on the financialization tools so whether it is companies in the financial market spaces providing services directly to customers or providing services to brokers and intermediaries, those continue to be in our radar. We are also interested in domestic consumption.

The issue was subscribed by an overwhelming 340 times at close, where the non-institutional investors category was booked 620 times. The retail investors played second fiddle with 314 times subscription in the category reserved for them.

Vinod Karki of ICICI Securities explains that the market correction is due to the rise in US bond yields. He highlights the temporary factors affecting economic growth and anticipates improvement in the latter half of the year. Large financial companies and commodities are seen as valuable sectors. The fiscal and current account deficits are moving favorably.

The company has reported an operating EBIT (earnings before interest and tax) of Rs 5,821 crore for the third quarter, which was up 4% YoY and nearly 9% QoQ (quarter-on-quarter).

6 stocks closed below VWAP on January 13

Updated at : 2025-01-14 10:00:02

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When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which the stock was traded throughout the day, with the average being weighted by trading volume.

Motilal Oswal Financial Services recommends buying Senco Gold, setting a target price of Rs 1,450. The company reported a 7.01% quarterly and 30.91% yearly income increase as of 30-09-2024. With substantial growth in smaller towns, new subsidiaries, and additional store openings, Senco Gold shows promising investment potential in the Gems and Jewellery sector.

Delta Corp reported its Q3FY25 revenue from operations at Rs 194.33 crore, down 7.5% from the previous year. However, the company saw a net profit increase of 3.6% to Rs 35.73 crore. On a sequential basis, Q3 net profit grew by 32.4%. Over the past six months, shares declined by 21%.

BEL shares in focus on Rs 561 crore order win

Updated at : 2025-01-14 10:00:02

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BEL shares: Bharat Electronics Limited (BEL) secured additional orders worth Rs 561 crore, boosting its order book to Rs 10,362 crore for FY25. The company reported a 34% rise in net profit for Q2FY25, with a 15% increase in revenue. BEL’s stock shows a bearish trend, trading below key moving averages, though analysts suggest a 28% upside potential.

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