Shipbuilding stocks were booming on Thursday amid news developments, and Union Budget hopes. Shares of Mazagon Dock Shipbuilders surged over 6% to touch 52-week and surpassed ₹1 lakh crore in market cap for the first time in a bull market. The other stocks that followed the 52-week high club were […]
BEML
The NSE benchmark has demonstrated consolidation with a 4.4 per cent up move over the past two months despite significant market volatility during the Lok Sabha elections 2024. ‘’Nifty 50 is trading at 15-year average PE with 14.9 per cent EPS CAGR over FY24-26. Our 12- month base case Nifty […]
Reconsidering its earlier portfolio in light of the unexpected election results, brokerage house Prabhudas Lilladher believes portfolio allocations and future policies of NDA government will be a key determinant of market movements. Severe jolt to BJP in Uttar Pradesh (new PDA social engineering), Maharashtra (fractured parties) and West Bengal will […]