Bajaj Finance shares jump 4% on record loan bookings

New loans booked during Q4 FY23 grew by 20% to 7.6 million as compared to 6.3 million in Q4 FY22. The company booked highest ever new loans of 29.6 million in FY23.

Craftsman Automation stock doubled investors wealth in 2 years; Is it still a buy?

Craftsman Automation is a diversified engineering company with vertically integrated manufacturing capabilities. In the last two years, the stock delivered a stunning return of nearly 101%. However, according to the projections made by the analysts at Anand Rathi, the stock may still have long way to go.

Jyothy Labs: Sharekhan maintains bullish outlook citing low crude oil prices; Sees a 27% upside

Jyothy Labs is a mid-cap stock with a market capitalization of ₹6,900 crore. The company has a leadership position in the fabric whitener category in India. Despite input price inflation and a slowdown in volume growth, the company has recorded relatively better broad-based performance in recent quarters.

NTPC: Sharekhan stays bullish on this power stock even after a 31% rally in a year; Know why

Sharekhan expects the stock to continue its bull run, citing three key factors. Firstly, the brokerage notes the strong power demand in the country, which is expected to provide a favorable environment for the company's growth. Secondly, NTPC's focus on expanding its renewable energy portfolio is viewed positively.

Sharekhan remains bullish on Marico, citing attractive valuations; Sees a 30% upside

Marico is one of India’s leading consumer products companies in the domestic hair and wellness market. The company is present in the categories of hair care, skin care, edible oils, health foods, and male grooming. In Q3FY23, Marico delivered a decent performance with low-mid single-digit revenue and PAT growth despite multiple headwinds.

This Mahindra group stock is up by nearly 175% in the last nine months; ICICI Direct sees more upside

Mahindra CIE Automotive is engaged in the business of manufacturing and supplying engine and chassis-forged components for commercial and passenger vehicles. In the last one year, the stock soared 138%, outperforming the Nifty Auto Index by 119.21%, which gained 18.79% over the same time frame.

Retail Q3FY23 earnings review: A subdued quarter; premium, luxury outperform value segment

The latest report from Phillip Capital on the Q3FY23 performance of the top 15 retail companies across various sectors indicates a 22% YoY revenue growth, falling short of their expectations. Trent leads the growth with a 61% increase, Relaxo Footwear experienced an 8% decline due to subdued demand.

Reliance Industries is hovering near its 52-week low; dips nearly 14% from December highs; Is now the time to buy?

Systematix Institutional Equities, initiated coverage on the stock with a target price of ₹2,825 apiece, signalling an upside potential of nearly 19.35% from the stock's latest closing price. The brokerage stated that the company is expanding aggressively in all four Business verticals.

Bata India is down nearly 30% from recent highs; Should you buy now?

Sharekhan has maintained a buy rating on the stock, citing long-term growth prospects and limited downside risk. The brokerage has a target price of ₹1,775 apiece implying a 25% upside from the stock's current market price. On similar lines, global brokerage firm Phillip Capital also maintained a buy rating on the stock with a revised target price of ₹1,852 apiece

Lumax Auto stock soars 64% in a year, Sharekhan sees further upside; Find out why

In the last one year, the stock has gained 64%, rallying from ₹159.25 apiece to the current market price of ₹261. Despite such strong performance, the Sharekhan maintains a bullish outlook on the Lumax Auto, citing the company's shift in business mix towards four-wheelers as a key factor that is expected to positively impact its profitability.

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Bajaj Finance shares jump 4% on record loan bookings

markets

Craftsman Automation stock doubled investors wealth in 2 years; Is it still a buy?

markets

Jyothy Labs: Sharekhan maintains bullish outlook citing low crude oil prices; Sees a 27% upside

markets

NTPC: Sharekhan stays bullish on this power stock even after a 31% rally in a year; Know why