HDFC Life Insurance has emerged from consolidation with heightened volume activity. Brokerages ICICI Securities and Axis Securities have both issued a “buy” recommendation on the insurer, identifying it as their top technical pick for the week. HDFC Life has demonstrated remarkable resilience amid recent market volatility, consistently outperforming the broader market. As per ICICI Securities,…
Tata Steel shares are hovering around their all-time high, hitting Rs 147.35 on February 7, 2024. Despite closing slightly lower at Rs 145.50 last Friday, marking a marginal dip of 0.24%, the metal stock continues to demonstrate strong performance. In 2024, the stock of Tata Steel Ltd. produced returns in the single digits. The BSE…
Axis Bank shares: According to Subramanian Swamy, Axis Bank made illegal gains through trading Max Life Insurance shares. Axis Bank shares declined over 2 percent during afternoon trading on February 15 following reports of BJP leader Subramanian Swamy moving the Delhi High Court. Swamy alleged the private bank’s involvement in a Rs 5,100-crore scam. In…
Hindalco: JM Financial stated that while there’s a considerable increase in capital expenditure (capex), it may lead to a decrease in the internal rate of return (IRR). However, they anticipate a positive impact on earnings trajectory, driven by plant commissioning, enhanced recycling efforts, and evenly distributed capex. Shares of Hindalco Industries Ltd dropped by 15…
Axis Securities states that NTPC is a solid choice for a portfolio due to its consistent dividend yield. It also notes that additional rerating potential may arise in the event that peak deficits rise in the future as well as from value unlocking through the use of green energy. On January 4, early trading saw…
