Tue, Jan 21, 2025 9:29 AM
Waaree Renewable shares in focus on bagging Rs 277 crore solar project
A Flip by Shubhangi Gupta
Kalyan Jewellers' shares plummeted 7.63% amidst social media speculation claiming Motilal Oswal AMC fund managers were involved in misconduct and bribery. Both companies denied the claims, calling them "absurd" and "baseless". Shares are currently trading at Rs 502.35, down 5.36%. Kalyan Jewellers' shares are under focus ahead of the 2025 budget session.
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PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Automobiles sector. The brokerage house expects Eicher Motors to report net profit at Rs. 1,196.4 crore up 20.1% year-on-year (up 8.7% quarter-on-quarter). Net Sales are expected to increase by 21.8 percent Y-o-Y (up 19.3 percent Q-o-Q) to Rs. 5,087.9 crore, according to PL Capital.
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PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Automobiles sector. The brokerage house expects Exide Industries to report net profit at Rs. 256.1 crore up 6.6% year-on-year (down 14% quarter-on-quarter). Net Sales are expected to increase by 6 percent Y-o-Y (down 4.6 percent Q-o-Q) to Rs. 4,071 crore, according to PL Capital.
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