In its 56th meeting on September 3 in New Delhi, the GST Council made some significant changes to tax regulations. They’ve decided to lower taxes on various renewable energy equipment, components, FMCG products, and several other products to encourage clean energy...
Synopsis: ITC Ltd is in focus after Morgan Stanley cut its target price from Rs. 500 to Rs. 469, citing margin pressures and weaker FY25 performance, though it maintained an overweight rating on the stock. India’s largest cigarette manufacturer is in the spotlight...
Synopsis: Some stocks that are trading below their 50-day EMA, indicating a potential bounce. Is it worth keeping on your radar? In the stock market, technical indicators help traders and investors make informed decisions. One commonly used tool is the 50-day...
Investors should track sin goods as a potential 40% GST looms over tobacco and gaming. Prices may rise, demand could soften, and earnings visibility may wobble. Expect sharper volatility, shifting risk-reward, and regulatory overhang. For the industry, compliance...
Today, we recommend two stocks, both from the FMCG sector, recommended by the Trade Brains Portal, to buy for an upside potential of more than 19%. FMCG, India’s fourth-largest sector, has been experiencing consistent growth due to higher disposable income, an...
Synopsis: Some strong and well-known companies like TCS, ITC, NTPC, HAL, and Tata Motors are currently trading cheaper than most other companies in their industries. Even though their stocks are undervalued, these companies are performing well with good profits and...
The 200-day moving average (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days. One of the primary reasons the 200-day moving average is popular is its...
The shares of ITC and ITC hotels are in focus after American-based GQG Partners (Listed in Australia) plans to raise its stake again in the companies. In this article, we will dive deep into the details. With a market capitalization of Rs 5,25,656 crores, the shares...
Sharekhan has maintained its Buy call on this diversified FMCG Giant with an Upside of 24 percent from current levels, citing several positive outlooks. The shares of ITC are currently trading at 420 levels, and the broker has given a target price of Rs. 522....
Stock recommendations are expert suggestions designed to guide investors in making informed decisions about buying, selling, or holding stocks. These recommendations are typically based on thorough market analysis, company performance, and other relevant factors. A...
