Brokerages like Morgan Stanley and Jefferies, who have an Overweight and Buy call on the stock, and have increased their target price to Rs 1,013 and Rs 1,100 per share after the Q3 numbers.
IndiGo’s Q3 net profit surged 111% on a YoY basis at Rs 2,998 crore against a net profit of Rs 1,423 crore posted in the same period last year
Top stocks to watch today are SBI, Tata Motors, UPL, Paytm, Zee Entertainment, Bank of India, IndiGo.
The focus now will shift back to the end of the Q3 earnings season and the Monetary policy meet of the Reserve Bank of India scheduled this week.
Northern Arc is a diversified financial services platform set up primarily with the mission of catering to the diverse retail credit requirements of the under-served households and businesses in India.
Shares of Paytm crashed 20% on both Thursday and Friday after the Reserve Bank of India imposed ‘severe’ restrictions on the company’s banking unit.
Paytm has said that this decision by the RBI will impact their EBITDA annually by Rs 300-500 crore.
Top stocks to watch today are IGL, Avenue Supermarts, AMI Organics, DLF, Adani Enterprises, besides others.
Sensex and Nifty ended the session in the green on Friday, after two consecutive days of consolidation.
Top stocks to watch today are Pidilite Industries, Mahanagar Gas, Nerolac Paints, Aarti Industries, besides others.
The Nifty ended higher by 195 points at 18,264 on Monday.
Top stocks to watch today are Hero Motocorp, Tata Power, TVS Motor, United Breweries, besides others.
According to analysts, one can consider buying the index on every dip as the trend is our friend and presently the trend is on the higher side.
Hero Motocorp on Thursday reported a strong set of Q4 numbers.
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