Indian stock market investors should capitalize on the growth potential of midcap and smallcap segments while having defensives like largecap pharma, IT and consumer in their portfolio, said Vikram Kasat, Head – Advisory, PL Capital – Prabhudas Lilladher. In an interaction with Livemint, Kasat said there is more valuation comfort in largecap stocks and investors…
The corporate earnings for the first quarter of FY25 largely aligned with expectations, driven predominantly by domestic cyclicals, according to a recent review by Motilal Oswal Securities Limited (MOSL). Significant contributions to the overall growth came from sectors like Healthcare, Real Estate, Capital Goods, and Metals, while earnings were weighed down by Oil Marketing Companies…
Shares of IndiaMART InterMESH plunged more than 8 percent in intra-day trading on Wednesday after the company reported a significant drop in subscriber additions for the quarter ending June 2024 (Q1FY25). The company added only 1,500 subscribers in Q1FY25, far below analysts’ expectations, compared to 2,683 subscribers in the March quarter (Q4FY24). Despite this, IndiaMART…
MUMBAI : Hindustan Unilever Ltd’s (HUL’s) shares dropped close to 2% on Wednesday, which can be attributed to profit booking given that the stock had gained about 12% in the past one month in anticipation of potential positive announcements in the Union Budget 2024-25.  It should be noted that the commentary of HUL’s management…
