Sobha stock snaps a 4-day losing streak; rises 10% on robust Q4 earnings

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The company reported another record performance with the best-ever sales booking of ₹14.6 billion, up 32% YoY. For FY23, pre-sales jumped 34% YoY to ₹52 billion.

Gland Pharma: Should investors consider buying this pharma stock after losing 68% of its value?

Axis Securities remains optimistic about the company's growth prospects, citing the positive performance of injectable companies in the US market. 

Bank of Baroda: This PSU stock gained 104% from its 52-week low; should you buy now?

In its latest note, Motilal Oswal has maintained its 'buy' call on the stock with a target price of ₹240 apiece. This target price indicates a new all-time high for the stock. The stock had previously hit an all-time high of ₹215 apiece in January 2015.

Indian banks maintained strong margins in Q4, but are set to moderate in FY24, says Emkay Global

The brokerage maintains a cautious approach towards banks considering the growing risk of macro-disruptions. It specifically looks for banks with robust capital and provision buffers, as well as strong return ratios.

Trident shares slump over 7.5% on weak Q4 earnings

In response to the weak Q4 numbers, the stock slumped 7.62% to ₹32.10 apiece. The scrip has been on a downward trajectory since hitting an all-time high of ₹70.35 apiece in January 2022, reaching ₹25.75 per share at the end of March, reflecting a 63% loss in value.

Stocks to buy: Nuvama lists 6 FMCG picks including ITC from a 4-5-year perspective; take a look

Brokerage Nuvama carried out a 4-year and 5-year compound annual growth rate (CAGR) analysis of consumer companies and has picked top stocks from the discretionary &amp; staples space that lead the chart. Let's take a look at its top 6 picks:

SBI Life Insurance is hovering near its 52-week low; is now a good time to buy?

SBI Life Insurance is a large-cap stock with a market capitalization of over ₹1,16,665 crore. The company provides individual and group insurance plans, including traditional and unit-linked plans. Its products cover life, health, annuity, pension, and variable insurance.

Elgi Equipments zoomed over 29% in just six sessions; here's why

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Elgi Equipments is a small-cap stock with a market capitalization of ₹17,225 crore. The company manufactures a wide range of air compressors, and it is the second largest player in the Indian air compressor market.

This large-cap stock gained over 2500% in a decade; does it still have room to run?

The recent acquisition in the pharma API and CDMO segments is expected to become a key driver of future growth for PI Industries, allowing the company to establish a unique position in the pharmaceutical sector by leveraging its core competencies.

Tata Elxsi: This multibagger Tata group stock is down 34% in nine months; should you buy now?

During the recent March quarter, the company reported a mixed set of numbers. Its revenue and EBITDA margin fell short of analysts expectations, while the net profit exceeded estimates.

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Sobha stock snaps a 4-day losing streak; rises 10% on robust Q4 earnings

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