Bajaj Finance shares underperformance enters fifth month
Sun, Feb 11, 2024 9:49 PM

Bajaj Finance shares underperformance enters fifth month

Bajaj Finance's underperformance in the market is causing confusion among investors and analysts. While some brokerages remain optimistic about its future, others have a sell rating on the stock. The company's performance has been impacted by sluggish deposit growth, higher cost of funds, and increased competition in the financial sector.

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SME IPO: Indian Emulsifier files draft papers for IPO with NSE
Sun, Feb 11, 2024 9:43 PM

SME IPO: Indian Emulsifier files draft papers for IPO with NSE

Indian Emulsifier Ltd, a specialty chemical manufacturer, has filed for an IPO to raise funds, with a price band of Rs 115-128 per share. GJNX Ventures, backed by Gunavanthkumar Vaid, holds a 1.80% stake in the company. The proceeds will be used for capital expenditures, and the company has reported positive financials with EBITDA margins at 22.99% for December 2023.

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Trichy civic body seeks Rs 6.9 crore to install over 3,700 street lights
Sun, Feb 11, 2024 9:42 PM

Trichy civic body seeks Rs 6.9 crore to install over 3,700 street lights

Trichy corporation seeks 6.9 crore from Tufidco for 3,759 new street lights in peripheral areas. 60% of total street lights allocated to peripheral areas in preparation for city's expansion. Different capacities of energy-efficient LED bulbs will be used. Officials considering residents' demands for high-power lights but maintenance costs and electricity expenses must be taken into account.

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Inflation, retail sales, and corporate earnings: What to know this week
Sun, Feb 11, 2024 9:40 PM

Inflation, retail sales, and corporate earnings: What to know this week

The S&P 500 closed above 5,000 for the first time ever due to better-than-expected corporate earnings. Investors are looking ahead to data on consumer spending and inflation this week, while several big companies including Airbnb and John Deere will report earnings. Currently, 83% of US companies are beating earnings estimates, indicating a strong economic recovery.

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37 Billion New Reasons to Like Amazon Stock
Sun, Feb 11, 2024 9:36 PM

37 Billion New Reasons to Like Amazon Stock

Amazon shares are up over 10% in 2024 thanks to strong earnings growth in its e-commerce and services divisions. The company's cash flow has also increased significantly, giving it flexibility for future investments and a rebound in cloud services. With a projected rise in sales and earnings, Amazon is considered a good investment even following the rally in its stock price.

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Apeejay Surrendra Park Hotels stock may list at 20-25% premium to IPO price
Sun, Feb 11, 2024 9:35 PM

Apeejay Surrendra Park Hotels stock may list at 20-25% premium to IPO price

The Apeejay Surrendra Park Hotel's stock is expected to make a strong debut on the stock market on February 12. Analysts are predicting that the shares will start trading at a 20-25% premium over the IPO price of Rs 147-155, which equates to somewhere between Rs 185 and Rs 195. The stock has been commanding a 25% premium in the grey market, an unofficial ecosystem for pre-listing trading.

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Must-Know Facts Before You Buy Nike Stock
Sun, Feb 11, 2024 9:33 PM

Must-Know Facts Before You Buy Nike Stock

As one of the largest sports apparel and footwear businesses on the face of the planet, Nike (NYSE: NKE) is well-known not only among customers worldwide but within the investment community as well. Regarded as a blue chip stock, Nike is even included in the Dow Jones Industrial Average. Nike is currently 42% below its peak price, after it tanked 7% in 2023.

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Is Mastercard Stock a Buy?
Sun, Feb 11, 2024 9:31 PM

Is Mastercard Stock a Buy?

Mastercard reported significant growth in 2023 and remains in a strong position compared to other businesses, with a reputation for taking care of shareholders. Its stock is trading at an all-time high and continues to perform well, however it comes at a high price with a P/E ratio much higher than the market average. But despite the expensive valuation, it continues to show impressive revenue.

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Why China is limping into the Year of the Dragon
Sun, Feb 11, 2024 9:29 PM

Why China is limping into the Year of the Dragon

As China approaches the Year of the Dragon, its leaders face challenges in restoring confidence amid deflation, a housing market slump, and a stock selloff. Government policies aimed at promoting "high-quality development" have not improved sentiment. Deflation is now the top concern, while the property market crisis persists and calls for more stimulus are growing.

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Analysts unveil new Cloudflare stock price target after earnings
Sun, Feb 11, 2024 9:28 PM

Analysts unveil new Cloudflare stock price target after earnings

This old world can be downright scary. Matthew Prince can attest to that. The co-founder and CEO of Cloudflare (NET) said the internet security company has seen business increase as tensions rise around the globe. Prince shared his thoughts with analysts during the company's fourth-quarter earnings call on Feb.8 after Cloudflare posted better-than-expected results.

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Last leg of Q3 earnings among 5 factors to dictate Nifty mood this week
Sun, Feb 11, 2024 8:00 PM

Last leg of Q3 earnings among 5 factors to dictate Nifty mood this week

Nifty fell by 0.33% due to a decline in private bank stocks. The market is expected to continue consolidating within a range, with banking stocks being the key factor for the next move. Investors are concerned about delay in US Fed rate cuts and global tensions affecting inflation. Q3 earnings, IPOs, FII/DII activity, crude oil prices, and macro data will drive the market this week.

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2 Healthcare Stocks You Can Buy and Hold for the Next Decade
Sun, Feb 11, 2024 7:52 PM

2 Healthcare Stocks You Can Buy and Hold for the Next Decade

Investing in healthcare stocks can provide steady growth and diversification for your portfolio. However, not all healthcare stocks are created equal, so it's important to do your research. Two stocks to consider are Vertex Pharmaceuticals and Teladoc Health. Vertex has a strong product lineup and is expanding into new areas of the rare disease drug market.

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Could Snap Stock Help You Become a Millionaire?
Sun, Feb 11, 2024 7:51 PM

Could Snap Stock Help You Become a Millionaire?

Snap's stock suffered a 33% drop in after-hours trading due to disappointing revenue and income numbers, signaling struggles against competitors. Although Snap's growth may stabilize in the next few years, it may not be enough to generate millionaire-making gains for investors. Its current valuation and slow growth make it a risky investment compared to other potential high-growth stocks.

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Uber Stock Is Soaring: Is It a Buy Now?
Sun, Feb 11, 2024 7:50 PM

Uber Stock Is Soaring: Is It a Buy Now?

UBER's market cap has skyrocketed to $145 billion after a strong year with expanding margins and profits in its mobility and delivery segments. However, the stock is currently trading at a high forward price-to-earnings ratio of 37 and may be overvalued. Some analysts advise keeping an eye on it but not investing just yet.

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Wealth disparities by race grew during the pandemic
Sun, Feb 11, 2024 7:16 PM

Wealth disparities by race grew during the pandemic

New data from the New York Federal Reserve Bank shows that wealth inequality worsened during the pandemic, with white individuals gaining more net worth compared to Black and Hispanic individuals. This is due largely to the stock market's strong performance in 2021, with a larger percentage of white households having investments in stocks and mutual funds.

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