The consolidated net profit of the company has grown at a CAGR of over 50% during the past 10 years.
ICICI Securities sees 46% and 33% annualised revenue growth over the next 5 and 10 years.
Tech stocks may begin to feel selling pressure now, he says
Mudit Goyal of SMC Global Securities is positive on SBI Life with a target price of Rs 1,170.
Consolidation in markets was due after the long one way up-move; many stocks have gone up despite no fundamentals
On the sectoral front, IT and Pharma need should be on investors' radar which are seeing positive rotation
With a gain of 17.11%, Adani Total Gas was the top performer of the week as its scrip rallied from Rs 909 on August 13 to Rs 1,065 on August 20.
We are amidst a strong bull run but there is always a chance of a 5-10% correction which is deemed healthy and reasonable
Considering the present market condition, BofA Securities is positive on 15 largecap stocks.
Sona Comstar supplies to automotive OEMs across the US, Europe, India and China for both electrified and non-electrified vehicles.