US Stocks Focus

  • Axiscades Technologies subsidiary secures ₹90 crore order from BEL

    Axiscades Technologies Ltd’s subsidiary, Mistral Solutions, secured an order worth ₹90 crore from Bharat Electronics Limited for the design, development, and supply of eight Radar Processing Systems. The company said, these systems are intended for the Arudhra Medium Powered Radar (MPR), a 4D Radar capable of automatic detection, and tracking of various aerial targets.

    US Stocks Focus May 27, 2024
  • Markets to track global cues; may witness gradual up-move ahead of Lok Sabha poll results: Analysts

    Equity markets may witness a gradual up-move this week with some volatility as both election and earnings season are nearing their end, analysts said, adding that global trends and trading activity of foreign investors would hold significance in dictating investors' sentiment.

    US Stocks Focus May 27, 2024
  • European stocks collectively opened lower, with the Stoxx Europe 50 index falling 0.80%

    The European Stoxx 50 index fell 0.80%, the German DAX index fell 0.83%, the British FTSE 100 index fell 0.78%, and the French CAC 40 index fell 0.62%.

    US Stocks Focus May 24, 2024
  • How does the Fed reduce inflation? Interest rate cut!

    Why is U.S. inflation still higher than the central bank’s target after the Federal Reserve implemented the most aggressive rate hike in generations? What is the reason why the rate hike did not work as expected? In this regard, a senior figure in the U.S. bond market asked A view that goes against orthodox theory: The Fed needs to cut interest rates to further reduce inflation as expected

    US Stocks Focus May 24, 2024
  • Burman Family-controlled entities make insider trading complaint against Religare Chief Saluja

    The Burman Family, promoters of Dabur Group and single-largest shareholder in Religare Enterprises Ltd (REL), have approached SEBI accusing REL Chairperson Rashmi Saluja of yet another breach of the market regulator’s insider trading norms.

    US Stocks Focus May 24, 2024
  • BBAE analyst Huang Shaoping was at the Markel Annual Meeting: Compared with the Berkshire Annual Meeting, this place is smaller, more beautiful and warmer

    Sina_text_page_info [\’videodatas0\’] = [{ad_state: \’1\’, pid: \’1\’, video_id: 530050562, // vidpic: \’//wx3.sinaimg.cn/007zwukjly1hp zgdl110EJ30ZK0K0MYO_220_124.jpg \’, // The show list is small Picture thumbUrl: \’//wx3.sinaimg.cn/orj480/007ZwuKJly1hpzgdl110ej30zk0k0myo.jpg\’, //The picture displayed on the HTML5 player before the video has started playing, can be the same as the pic title: \’BBAE analyst Huang Shaoping at the Markle annual meeting On-site: Compared with the Berkshire Annual Meeting, this place is smaller, more beautiful and warmer\’,//Title source: \’\’,//Video release source

    US Stocks Focus May 23, 2024
  • Gold outperforms Nifty 50 over 2-year and 5-year periods

    Gold has beaten Nifty 50 over a 2-year and 5-year period but underperformed over a 10-year and 3-year period. Yellow metal outperformed Nifty in 3 out of 10 years between 2014 and 2024.

    US Stocks Focus May 23, 2024
  • Broker’s call: JSW Steel (Buy)

    Target: ₹1,070 CMP: ₹915.15 JSW Steel posted a consolidated revenue of ₹46,300 crore (-2% y-o-y/ +10 per cent q-o-q ; in line) in Q4-FY24. ASP stood at ₹68,750/t (-4 per cent y-o-y/-2 per cent q-o-q) vs. our est. of ₹67,507/t. Combined crude steel production was 6.79mt (+3 per cent y-o-y/-1 per cent q-o-q), while steel sales came in at 6.73mt (+3 per cent y-o-y/+12 per cent q-o-q) with capacity utilisation of 93 per cent at the Indian operations. JSTL India operations reported the highest ever VASP sales, up 5 per cent y-o-y (about 62 per cent share of total sales). During FY24, revenue grew 5 per cent to ₹1,75,000 crore led by robust volume growth. EBITDA/APAT stood at ₹28200 crore/₹9,000 crore. Consolidated crude steel production and sales volume stood at 26.4mt and 25mt, respectively. Going forward, we expect JSTL’s domestic volumes to be robust with increasing capacities, a better product mix, and export opportunities. Moreover, with stable pricing, softened coal costs, and improving operational efficiencies, we expect its EBITDA/t to improve going forward. We raise our revenue/EBITDA estimates by 2/5…

    US Stocks Focus May 23, 2024
  • SEBI panel proposes changes to BRSR framework

    A SEBI committee has suggested changes to the BRSR, or Business Responsibility and Sustainability Reporting, framework.

    US Stocks Focus May 23, 2024