Here’s a quick look at stocks likely to be in focus in today’s trade. Cochin Shipyard: The government has announced plans to divest a 5 percent stake in Cochin Shipyard through an Offer for Sale (OFS), with the floor price set at ₹1,540 per share. The OFS includes a base offer of 2.5 percent, … Read more
In its Q2FY25 consumer durables earnings preview, domestic brokerage firm Prabhudas Lilladher highlighted weak demand in the sector, largely due to a tepid start to the festive season and heavy rainfall. However, the Wire and Cable (W&C) segment outperformed, driven by robust cable demand from infrastructure projects. Prabhudas Lilladher anticipates its consumer durables universe to … Read more
“While the year-end profit booking, Sebi advisories to mutual funds to curb froth in smids (small- and mid-cap counters) and overvaluation in some counters caused the broader market indices to correct sharply till the middle of last month, selective picking by funds and other investors at lower levels erased the losses in the second-half, which … Read more