HAL surged 45% so far in 2022; brokerage sees more upside

HAL reported a 91.4 per cent surge in net profit at ₹3,101.96 crore for the quarter ended March 31, 2022, as against a net profit of ₹1621.29 crore in the year-ago period.

Axis Securities sees a 20% upside in this Maharatna stock

Coal India reported a consolidated net profit of ₹6,692.94 crore in the March quarter, up 45.91 per cent year on year (YoY) from ₹4,586.78 crore in the same quarter last year.

Bajaj Auto's share buyback: What is a stock buyback, how does it work and should you tender your shares? 

A stock buyback, or share repurchase, is when a company repurchases its own stock. Companies typically purchase shares at a premium to the market price. Following the buyback, the total number of outstanding shares will get reduced.

This midcap real estate stock surged over 58% in last one year; given 155% returns in 3 years

Real Estate

Brigade Group registered its best-ever residential performance in FY22, growing 9% in sales value over FY21. The net debt was reduced by ₹237cr QoQ to ₹1,619cr. Net debt to equity stood at 0.71 as of March 2022.

ICICI Securities sees over 30% upside potential on this consumer durable stock

Whirlpool of India reported a decline of 35.38 per cent in consolidated net profit at ₹84.48 crore for the fourth quarter ended March as against a net profit of ₹130.06 crore during the March quarter of the previous fiscal.

JP Morgan sees 115% upside in Vedanta; rates at 'overweight'

Vedanta reported its consolidated net profit for the quarter ended March at ₹5,799 crore, down 9.84 per cent from ₹6,432 crore in the same quarter last year.

PVR shares are up 41% this year; trading 50% higher from 52-week lows

PVR-Inox merger proposal has received approval from SEBI and stock exchanges, three months after the merger announcement. &nbsp;The Competition Commission of India (CCI) has not raised any objections to the merger.

Multi-year laggard auto stocks are on the rise; shares of key companies up 15% to 30% so far in 2022

Every 10% drop in steel prices potentially expands automakers’ margins by 60-200 basis points. A two-wheeler, a passenger car, and a heavy commercial vehicle, on average, weigh about 110, 800, and 3,000 kg of steel, respectively.

This Rakesh Jhunjhunwala-owned stock hits 52-week low; slips 40% from issue price

Stock Market

Star Health made its stock market debut on December 10, 2021. With Friday's closing price of ₹533, the stock has corrected by 40 per cent from its issue price of ₹900/share.

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