Emkay Global expects M&M to log a standalone profit after tax (PAT) of Rs 1,490.60 crore, up 13.7 per cent YoY over Rs 1,311 crore. Revenues are seen rising 7.5 per cent YoY to Rs 12,464 crore from Rs 11,590 crore.
“Financials remain a top pick sector-wise. Look at every dip to accumulate financials and with economic recovery and with the reopening trade happening, the first takeoff will be in the financial sector stocks,†says Ajay Bagga.
“If one is looking at smaller companies, it is better to stay away from them to the extent that they are going to become a lot more volatile.â€
Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 36770.94 Crore).
The Mobius Emerging Markets Fund has a combined 45% of its portfolio allocated to India and Taiwan, with tech hardware and software the biggest holdings in these markets.
Gold prices were steady on Tuesday, consolidating near a two-month high scaled in the previous session, as a weak dollar offset firm U.S. bond yields. Spot gold was little changed at $1,823.53 per ounce by 0051 GMT. U.S. gold futures fell 0.1% to $1,825.80.
Oil prices rose for a third session on Tuesday as the passage of a U.S. infrastructure bill, Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand. Brent crude was up 8 cents at $83.51 a barrel by 0220 GMT, after gaining 0.8% on Monday. U.S. oil was up 10 cents at $82.03, also after a 0.8% gain the previous day.
Tata Motors Ltd. key Products/Revenue Segments include Motor Vehicles, Spare Parts & Others, Miscellaneous Goods, Other Operating Revenue and Sale of services for the year ending 31-Mar-2021.
Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 225209.15 Crore) operating in Gems and Jewellery sector.
The main festive season from Navratri to Diwali is the peak period of activity in the personal mobility segment. But demand remained insipid this time, particularly in north India where Diwali has historically been a sentiment booster.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.