Contrarian storyCement is not the hottest of sectors right now, given that cement prices have been under pressure for the last few months. But that is no deterrent for a group of HNIs who have been drumming up volumes in the Andhra Cements stock. Of the 7 lakh plus shares traded on the NSE on Friday, around 4.6 lakh shares resulted in delivery. The bulls have their task cut out though. Institution...

Earlier this month, we initiated coverage on Indian Hotels. In this update, we summarise top investor feedback and our views on a few concerns raised about the sustainability of occupancy, as well as cyclical recovery, growing asset-light mix, Ginger Hotels, and valuations. We continue to believe that against a favourable industry backdrop, IHCL, with its leadership position, improving asset mix, ...

Here is a list of top 10 stocks that will be in focus on Wednesday:NTPC Ltd: The state-run company is moving at breakneck speed to increase coal supplies to fuel its thermal plants and ensure the units operate at more than 75% of capacity to avert another power crisis in India. The electricity giant not only aims to import 20 million tonnes of coal, at an eight-year high, over the next few months ...

Indian equity markets are likely to open gap up ahead of monthly F&O expiry amid mixed global cues. Nifty futures were trading 37.50 points, or 0.23%, higher at 16,136.50 on the Singapore Exchange, signaling that benchmark indices BSE Sensex and NSE Nifty are headed for a positive start on Wednesday. “Market would react to the minutes from the last U.S. Federal Reserve meeting which would be r...

Here is the list of the top 10 stocks that are likely to be in focus on Thursday:HUL: FMCG major Hindustan Unilever Ltd on Wednesday reported a 5.34 per cent increase in its consolidated net profit to Rs2,307 crore for the fourth quarter ended in March 2022 despite flat volume growth due to unprecedented inflation. Moreover, HUL has now become a Rs50,000 crore turnover company and also the first p...