Titan Company, which produces luxury watches and is the parent company of jewellery firm Tanishq, fell 5.29% on the BSE on Wednesday to close at Rs 351.
There is a strong build-up of bearish bets in various stocks. Leading analysts share what they are most pessimistic about in the near term on D- Street.
SKF India reported a standalone net profit of Rs 35.1 crore against Rs 27.2 crore in the same period a year ago.
With the government's increased projections on solar power production, specifically a capacity target of 48 GW generation by early 2019.
Analysts said the Tata Motors shares would not be impacted in the near to long term as the Jaguar Land Rover business would not be impacted by the change in management.
Analysts said smaller companies such as Repco, Dewan Housing, CanFin Homes and Gruh Finance would fetch better returns than their larger peers like HDFC and LIC Housing.
Fund managers and analysts said the deal is a positive for the shares of Indian banks, whose profits and lending capabilities have been affected by the NPAs of various industrial groups.
Tyre stocks have surged between 10% and 50% in the past one month as a result of falling rubber prices, which are about 70% of their raw material cost.
Shares of Tata Steel rose by 2.7% at Rs 417.4 while JSW Steel and SAIL rose by 2.18% and 1.1% at Rs 1,813.35 and Rs 50.5, respectively.
ET tracks the performance of companies that have raised over Rs 1,000 crore in IPOs, post listing since April 2015.
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