Shares of Grasim Industries are in focus on November 14 as the company is anticipated to post solid revenue and profit growth for the quarter ended September 30, 2024. The flagship Aditya Birla Group firm is slated to report its Q2FY25 earnings later in the day.Grasim's revenue from operations could see a year-on-year (YoY) rise of 17-20%, with net profit likely rising 18% YoY, according to estima...

Given the cautious mood after the consistent upward journey of the volatility index and Bearish Engulfing candlestick pattern formation on the daily charts, 22,300—the low of the big bullish candle of April 25—is expected to be a key level to watch for a further downside in the Nifty 50.On the higher side, in case there is a rebound, the index may face resistance at the 22,600-22,650 level, ex...

Jefferies retained its 'buy' call on Grasim Industries as it awaits a sustained scale-up on the Aditya Birla Group flagship.The international brokerage had a price target of Rs 2,600 apiece on Grasim Industries, indicating a 14 percent upside from the previous session's closing price.Grasim Industries highlighted that it is aiming at a Rs 1,000-crore revenue milestone for the Birla Opus pivot. In ...

After Monday’s sell-off, Indian equity markets may see some rebound today. Entering Tuesday’s session, SHX Nifty was marginally in green hinting at a flat to positive start for BSE Sensex and NSE Nifty 50. “Near term weakness might continue in Nifty given weak global economic cues, crude hovering around $100/bbl and rupee depreciating above 80 levels. Broader market which has been showing st...

After the Indian benchmark indices BSE Sensex and NSE Nifty 50 fell to 52-week low in the previous session, they are likely to extend losses, and start trade on a muted note on Friday as well, as global cues turn negative amid recession fears. Ahead of today’s trading session, the SGX Nifty Futures quoted 15,330 levels, signaling that Nifty is headed for a gap-down start. “Markets are likely t...