Long Ideas

Hindustan Zinc Plunges 7% After Govt Launches OFS
|Hindustan Zinc's shares fall as government offers to sell 2.5% stake at 10% discount. Non-retail investors can buy today, retail investors can invest on November 7.
L&T Buys 21% Stake In E2E Networks, Small Cap Stock Races 5%
|Larsen and Toubro to acquire 21% stake in E2E Networks for ₹1,407.02 crore. E2E has strategic partnerships with Nvidia, Intel, AMD, HPE, Microsoft, and Dell.
L&T Jumps 4% As Brokerages Impressed With Execution, Order Inflow
|Larsen and Toubro announced strong Q2 results with a 5.4% jump in net profit and 20.6% surge in operational revenue. Order book reaches ₹5.10 lakh crore.
Marico Jump 7% After Strong Q2 Results, Brokerages See Revenue Growth Accelerating To Double Digits
|Marico shares gained 7% on robust Q2 earnings, with net profit jumping 20% to ₹423 crore and revenue increasing by 7.6%. Nomura & Jefferies maintain buy rating. Stock price rose by 7.37% to ₹675.50.
RVNL Emerges As Lowest Bidder For Major East Central Railway Contract
|RVNL declared lowest bidder for East Central Railway project involving design, supply, and installation of traction sub-stations worth ₹186.76 Cr.
Inox Wind Shares Surge 6% After Robust Q2 Results
|Inox Wind reported strong Q2 results with net profit jumping to ₹92.89 crore from net loss of ₹24 crore and revenue rising 98% to ₹732.24 crore.
Yes Bank Shares Surge 9% After Strong Q2 Results
| Yes Bank reported strong Q2 results with 145.6% increase in net profit and improving asset quality. Shares up 9%
IEX Shares In Green After Q2 Results Beat Estimates
|IEX shares up on Friday morning as net profit jumps 28% year-on-year. Revenue and EBITDA also rise 28%. Transaction fees make up 80% of revenue.
Sona BLW Shares Jump 10% After Solid Q2, Railway Segment Acquisition From Escorts Kubota
|Sona BLW Precision Forgings rose 10% on Thursday morning after reporting a 16% increase in net profit and signing a deal to buy Escorts Kubota's railway equipment business for ₹1,600 crore.
Bajaj Finance Jumps Over 4% As Brokerages Praise Strong Loan Growth In Q2 Results
|Bajaj Finance Q2 results: Net profit up 12.64%, net interest income up 23%, loan losses and provisions at ₹1,909 crore, assets under management grow 29%.
Why Paytm Shares Are Upbeat Today Even After Lukewarm Q2-Print
|Paytm Q2 results: net profit of ₹930 crore boosted by ticket business sale to Zomato, revenue down 34%, NPCI approval to onboard new UPI users
BEL, NTPC, Garden Reach, Tata Motors Among Prabhudas Lilladher's Top Technical Picks For Diwali
|PL chooses BEL, BHEL, Coal India, Tata Motors as top Diwali 2024 picks. Muhurat trading on Nov 1, 6 p.m. to 7 p.m. BEL, BHEL, Coal India, Tata Motors among PL's buy picks with targets of ₹426, ₹390, ₹690, and ₹1,225 respectively. Other picks include NTPC, KPIT Tech, HSCL, GMDC, Exide Industries, and ABB India.
Bajaj Housing Finance Shares In Green After Strong Q2, Brokerages Mixed On Core Earnings
|Bajaj Housing Finance posted 21% rise in Q2 net profit at ₹546 crore. AUM rose 26% to ₹1.03 lakh crore. Morgan Stanley gave overweight call.
Zomato Shares Surge 3% As Brokerages Gave Thumbs Up To Fundraising Plans
|Zomato shares rose after four days as brokerages gave bullish outlook on planned fund raising. Board to meet Tuesday to consider QIP, results.
Zee Entertainment Shares Shoot Up 5% As Q2 Net Profit Jumps 61% To ₹209.5 Cr
|Zee Entertainment's Q2 results show 61% increase in net profit but 18% drop in revenue. Punit Goenka reappointed as MD. Shares rise 5.52%.
Tata Group Stock Shoots Up 13% After Q2 Net Profit Jumps 19%
|Rallis India, a Tata Group company, reports Q2 results with 19.51% increase in net profit, 11.53% increase in revenue, and 24% increase in EBITDA.
Micro Cap Stock Surges 15% After Becoming Puma Supplier
|Active Clothing Co. stock rose 15% after signing manufacturing deals with Puma & Adidas.
Larsen And Toubro Shares Rise After JPMorgan issues 'Overweight' Call
|JPMorgan initiates bullish call on Larsen and Toubro with 25% upside, citing attractive growth, reasonable valuation.
Tata Steel And Other Steel Stocks Gain On Hopes Of Chinese Stimulus
|China to announce more fiscal stimulus over the weekend, expected to boost demand and reduce cheap steel imports, leading to rise in Indian steel stocks.
TCS Shares Wobbly After Q2 Profit Misses Estimates: What Brokerages Are Saying
|TCS reported 5% YoY growth in net profit to ₹11,909 crore & 7.5% increase in revenue at ₹64,259 crore. Motilal Oswal gave buy call while Citi had sell call.
Trent Shares Rocket 7% To All-Time High, MCap Near ₹3 Lakh Cr
|Trent stock surged 7% to reach all-time high on Tuesday after Morgan Stanley maintained overweight stance and launching LGD jewellery brand 'Pome'.
Heidelberg Cement Shares Shoot Up 17% As Adani Group Reportedly Eyes Acquisition
|Heidelberg Cement shares up 17% after Adani Group reportedly negotiates purchase of Indian unit worth $1.2 billion.
IEX Shares Trade In Black After Recording 24% Increase In Monthly Volumes
|IEX's total volumes increased by 24% in September, with electricity volumes rising by 21% and renewable energy certificates increasing by 100%. Market prices fell due to a steady monsoon.
This Small Cap Stock Flies 5% After Winning ₹565 Cr Order From Power Grid
|Transformers (India) rose 5% to ₹684 after winning ₹565cr order from Power Grid. Also won ₹114cr order from RRVPNL in Sept & ₹141cr export orders.
Tata Steel, JSW Steel, Jindal Steel And Power Trade In Green As Brokerages Turn Bullish On Metals
|Brokerages are bullish on steel stocks due to strong domestic demand and Chinese stimulus.
Paytm Shares Surge 5% As This Brokerage Raises Target Price By 46%
|Dolat Capital gives a 37% upside target price for Paytm as the company recovers from regulatory actions. Stable user base and financial network expansion seen as positive.
Oil India, ONGC Shares Have Slipped Up To 18% In 30 Days, But This Brokerage Remains Bullish
|Shares of Oil India and ONGC have remained under pressure for the past few weeks, but analysts at Motilal Oswal remain bullish on the stock's prospects going forward.
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