Havells gathers speed to hit all-time high; analysts divided over its prospects

[ad_1] Shares of Havells India Ltd surged on Thursday after the company reported its Q4 financial results. The stock has hit a fresh high at ₹1,706.85 and traded at ₹1,669.20 on the NSE, up 0.31 per cent as of 1.03 pm. . The brokerages’...

Wipro gains post Q4 results, brokerages estimate weak near-term outlook  

[ad_1] Shares of Wipro rose by 2.14 per cent at ₹462.45 on the NSE as of 2.53 pm, Monday, despite posting weaker-than-expected March quarter financial results. Even analysts remain rather bearish on the stock. The company’s profits rose 5.2 per...

UBS sees India’s GDP growth moderating in FY25 amid weaker global growth, lower public capex

[ad_1] India’s GDP growth is expected to moderate to 7 per cent in 2024-25 from the estimated 7.6 per cent this fiscal even as the country will likely remain as one of the fastest growing economy in the world, the...

Political stability to bode well for market sentiment: UBS

[ad_1] Political stability would likely lead to policy continuity, which could bode well for market sentiment, UBS said in a note. The elections could result in three likely scenarios – BJP single-party majority; BJP-led coalition or a weak coalition led...

Real GDP growth to moderate to 7% and 6.8% in FY25 and FY26, respectively: UBS

[ad_1] This is due to global (weaker growth) and local factors (softness in public capex) The growth momentum of the first three quarters of FY24 is expected to continue as cyclical recovery and structural improvements remain in play, UBS said...