SENSEX
NIFTY
GOLD
USD/INR

Weather

image 31    C

Business / The Economic Times

Ashok Leyland shares in focus as board to consider bonus issue on May 23

Ashok Leyland shares will be in focus as the board is set to consider a bonus issue proposal and announce Q4 and FY25 results on May 23. The company recently declared a second interim dividend of 4.25 per share, bringing total FY25 dividends to 6.25. Analysts maintain a 'Buy' rating with a target price of 252.

20 May 2025 8:48 am
At multi-year highs: These 5 stocks witness 5-year swing high breakout

A 5-year swing high marks the highest price a stock has achieved over the past five years. This level serves as a major resistance point, where the stock price has historically found it difficult to move higher.

20 May 2025 8:38 am
Waaree Energies shares in focus after board nod to acquire Kamath Transformers for Rs 293 crore

Waaree Energies will be in focus after board approval to acquire Kamath Transformers for Rs 293 crore and Green New Delhi Forever Energy for Rs 1 lakh per share. Both acquisitions, aimed at business expansion, are expected to complete in FY26 and will be funded through cash. The stock trades above key moving averages despite a Sell rating with a 12% downside target.

20 May 2025 8:15 am
Financials still in play, but rotation towards quality largecaps underway: Jigar Mistry

Jigar Mistry of Buoyant Capital favors healthcare, materials, chemicals, and banking sectors, preferring large-cap private banks over PSU banks. He remains positive on both generic and CDMO pharma segments, dismissing tariff concerns. Mistry believes valuations are elevated, especially for narrative-driven stocks lacking earnings, advocating for a focus on fundamentals over market flows.

20 May 2025 8:11 am
Structural concerns loom despite macro strength: Jigar Mistry

Jigar Mistry of Buoyant Capital notes a dichotomy in the Indian market: strong macro indicators contrast with elusive earnings recovery, particularly in mid and small-cap sectors. While banks drive Nifty's growth, retail behavior shows mixed signals with rising SIPs alongside high cancellation rates. Mistry emphasizes that sustained market levels depend on earnings catching up with strong flows.

20 May 2025 8:11 am