Latest news with #EdelweissFinancialServices
Mint
20 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 18 August 2025
Stocks to buy under ₹ 100: The Indian stock market finally snapped a six-week losing streak as extreme oversold conditions and supportive global cues lifted investor sentiment. The Nifty 50 and Sensex ended the week with gains of around 1%, though momentum remained muted due to persistent foreign outflows. Foreign Institutional Investors (FIIs) continued their aggressive selling, offloading nearly ₹ 10,000 crore in the cash market, while Domestic Institutional Investors (DIIs) absorbed the pressure with strong buying worth ₹ 19,000 crore. Broader markets staged a recovery across sectors, led by pharma and auto stocks, though FMCG lagged. On the outlook of the Indian stock market today, Anuj Gupta, Director at Ya Wealth, said, "Bulls are expected to cheer PM Modi's announcement of GST reforms in his Independence Day speech. PM Modi has hinted at next-generation GST reforms by Diwali 2025, which is expected to boost consumption in India because GST is a consumption-oriented tax levied nationwide. As per the reports, the Government of India (GoI) has proposed shifting nearly 99% goods from the 12% GST slab to 5% and the same number of goods from the 28% GST slab to 18%. The market may try to discount the GST reform, and we may see strong buying in consumption-oriented segments like FMCG, consumer durables, agriculture, etc." Speaking on the outlook of the Nifty 50 index, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "Nifty on the weekly chart formed a reasonable positive candle that reversed the previous six losing weeks. The placement of cluster supports around 24,300-24,200 levels could offer strong support for any weakness from here. However, a sustainable upmove above the hurdle of 24,700 could open further upside towards the 25,000 mark in the near term." On the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index has been witnessing a narrow range-bound movement for quite some time, gripped between the 55,000 and 55,700 zone, desperately waiting for a decisive breakout on either side to get clarity and confirm a directional move in the coming days. With the index precariously placed at the current juncture, as said earlier, a decisive breach below the 54,400 zone shall trigger intensified selling pressure overall weakening the trend, with the next major support positioned near the important 200-period SMA at the 52,700 zone." Regarding stocks to buy today, market experts — Mehul Kothari, Deputy Vice President of Technical Research at Anand Rathi; Sugandha Sachdeva, Founder of SS Wealth; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks for today under ₹ 100: IRB Infrastructure, Edelweiss Financial Services, Motherson Sumi Wiring India, and Lloyds Engineering. 1] IRB Infrastructure: Buy at ₹ 45, Target ₹ 49, Stop Loss ₹ 43; and 2] Edelweiss Financial Services: Buy at ₹ 96, Target ₹ 102, Stop Loss ₹ 93. 3] Motherson Sumi Wiring India: Buy at ₹ 37.70, Targets ₹ 40.70, ₹ 42, Stop Loss ₹ 35.90. 4] Lloyds Engineering: Buy at ₹ 69.50, Target ₹ 75, Stop Loss ₹ 67.
Mint
a day ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 18 August 2025
Stocks to buy under ₹ 100: The Indian stock market finally snapped a six-week losing streak as extreme oversold conditions and supportive global cues lifted investor sentiment. The Nifty 50 and Sensex ended the week with gains of around 1%, though momentum remained muted due to persistent foreign outflows. Foreign Institutional Investors (FIIs) continued their aggressive selling, offloading nearly ₹ 10,000 crore in the cash market, while Domestic Institutional Investors (DIIs) absorbed the pressure with strong buying worth ₹ 19,000 crore. Broader markets staged a recovery across sectors, led by pharma and auto stocks, though FMCG lagged. On the outlook of the Indian stock market today, Anuj Gupta, Director at Ya Wealth, said, "Bulls are expected to cheer PM Modi's announcement of GST reforms in his Independence Day speech. PM Modi has hinted at next-generation GST reforms by Diwali 2025, which is expected to boost consumption in India because GST is a consumption-oriented tax levied nationwide. As per the reports, the Government of India (GoI) has proposed shifting nearly 99% goods from the 12% GST slab to 5% and the same number of goods from the 28% GST slab to 18%. The market may try to discount the GST reform, and we may see strong buying in consumption-oriented segments like FMCG, consumer durables, agriculture, etc." Speaking on the outlook of the Nifty 50 index, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "Nifty on the weekly chart formed a reasonable positive candle that reversed the previous six losing weeks. The placement of cluster supports around 24,300-24,200 levels could offer strong support for any weakness from here. However, a sustainable upmove above the hurdle of 24,700 could open further upside towards the 25,000 mark in the near term." On the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index has been witnessing a narrow range-bound movement for quite some time, gripped between the 55,000 and 55,700 zone, desperately waiting for a decisive breakout on either side to get clarity and confirm a directional move in the coming days. With the index precariously placed at the current juncture, as said earlier, a decisive breach below the 54,400 zone shall trigger intensified selling pressure overall weakening the trend, with the next major support positioned near the important 200-period SMA at the 52,700 zone." Regarding stocks to buy today, market experts — Mehul Kothari, Deputy Vice President of Technical Research at Anand Rathi; Sugandha Sachdeva, Founder of SS Wealth; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks for today under ₹ 100: IRB Infrastructure, Edelweiss Financial Services, Motherson Sumi Wiring India, and Lloyds Engineering. 1] IRB Infrastructure: Buy at ₹ 45, Target ₹ 49, Stop Loss ₹ 43; and 2] Edelweiss Financial Services: Buy at ₹ 96, Target ₹ 102, Stop Loss ₹ 93. 3] Motherson Sumi Wiring India: Buy at ₹ 37.70, Targets ₹ 40.70, ₹ 42, Stop Loss ₹ 35.90. 4] Lloyds Engineering: Buy at ₹ 69.50, Target ₹ 75, Stop Loss ₹ 67. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
07-08-2025
- Business
- Business Standard
Edelweiss Financial Services consolidated net profit rises 13.38% in the June 2025 quarter
Sales decline 2.01% to Rs 2241.51 croreNet profit of Edelweiss Financial Services rose 13.38% to Rs 66.77 crore in the quarter ended June 2025 as against Rs 58.89 crore during the previous quarter ended June 2024. Sales declined 2.01% to Rs 2241.51 crore in the quarter ended June 2025 as against Rs 2287.49 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% -2 OPM %35.5434.79 -PBDT146.20138.26 6 PBT110.39104.70 5 NP66.7758.89 13 Powered by Capital Market - Live News
News18
07-08-2025
- Business
- News18
Stocks To Watch Today: Hero MotoCorp, Trent, Titan, Fortis, Bajaj, Kalpataru, In Focus On August 7
Last Updated: Stocks To Watch Today, August 7: The Gift Nifty futures were trading lower by 67.5 points at 24,562.5, indicating a weak opening on August 7. Stocks To Watch Today, August 7: After two days of a fall, the domestic equity markets are preparing for another session today. The session comes after US President Donald Trump imposed an additional 25% tariff on Indian exports. The Gift Nifty futures were trading lower by 67.5 points at 24,562.5, indicating a weak opening on August 7. Quarterly results for August 7 will be released by Apollo Tyres, Edelweiss Financial Services, Emcure Pharmaceuticals, Kalpataru Projects International, CE Info Systems, Metropolis Healthcare, Page Industries, Birlasoft, Data Patterns (India), Hindustan Petroleum Corporation, Godrej Consumer Products, General Insurance Corporation of India, Aegis Logistics, Indigo Paints, Life Insurance Corporation of India, Kalyan Jewellers India, Bajaj Electricals, Medi Assist Healthcare Services, Aegis Vopak Terminals, Titan Company, Ramco Cements, Shree Renuka Sugars, National Aluminium Company, Sai Life Sciences, Cummins India, Global Health, and Biocon. Fortis Healthcare saw its profit climb 53.3% YoY to Rs 266.8 crore, with revenue up 16.6% at Rs 2,166.7 crore. Raymond's profit dropped 8.8% YoY to Rs 20.6 crore, though revenue increased 16.6% to Rs 524.3 crore. Datamatics Global Services posted a 15.8% YoY profit rise to Rs 50.4 crore, with revenue up 18.7% at Rs 467.6 crore. Kirloskar Oil Engines reported a 10.9% YoY decline in profit to Rs 141.9 crore, while revenue rose 8.1% to Rs 1,763.8 crore. Bajaj Holdings & Investment saw profit soar 116.5% YoY to Rs 3,486.5 crore, while revenue more than doubled to Rs 324.7 crore. Prince Pipes and Fittings posted an 80.5% drop in profit YoY to Rs 4.8 crore, with revenue down 4% at Rs 580.4 crore. Housing & Urban Development Corporation reported a 13% YoY profit increase to Rs 630.2 crore, while net interest income jumped 32.6% to Rs 961 crore. Gujarat Narmada Valley Fertilizers & Chemicals saw profit fall 29.7% YoY to Rs 83 crore and revenue decline 20.8% to Rs 1,601 crore. Lumax Industries posted a 5.9% YoY profit increase to Rs 36.2 crore, and revenue surged 20.5% to Rs 922.5 crore. Jindal Stainless reported a 10.2% YoY profit increase to Rs 714.2 crore, while revenue rose 8.2% to Rs 10,207.1 crore. Raymond Lifestyle narrowed its loss to Rs 19.8 crore from Rs 23.2 crore, while revenue rose 17.2% YoY to Rs 1,430.4 crore. VIP Industries posted a loss of Rs 13.1 crore compared to a profit of Rs 4.04 crore YoY. Revenue dropped 12.1% to Rs 561.4 crore. Bharat Heavy Electricals reported a widened loss of Rs 455.5 crore compared to Rs 211.4 crore YoY. Revenue stayed largely flat at Rs 5,486.9 crore. IRCON International 's profit fell 26.5% YoY to Rs 164.6 crore, with revenue down 21.9% to Rs 1,786.3 crore. Sula Vineyards saw profit slump 86.7% YoY to Rs 1.94 crore, while revenue declined 7.9% to Rs 118.3 crore. Stocks to Watch Eternal is in focus after reports indicated that Antfin Singapore Holding Pte Ltd plans to offload its entire stake (18.84 crore shares) in the company, valued at Rs 5,375 crore through a block deal at a floor price of Rs 285 per share. Bharat Forge has entered into a Business Transfer Agreement with subsidiary Kalyani Strategic Systems for the transfer of its defence business worth Rs 453.3 crore. An IP Rights Licensing Agreement has also been signed between the two. Hindustan Copper has inked a Memorandum of Understanding with GAIL (India) for joint participation in auctions and development of copper and critical mineral blocks. CreditAccess Grameen has named Ganesh Narayanan as its new MD & CEO, with Udaya Kumar Hebbar appointed as Non-Executive (Nominee) Director following RBI's approval. Bulk Deals Adani Energy Solutions saw Envestcom Holding RSC sell 2.19 crore shares (1.83% stake) at Rs 790 apiece, amounting to Rs 1,736.7 crore. The seller held 2.68% at the end of June. Tube Investments of India shares worth Rs 312.3 crore were acquired by Motilal Oswal Mutual Fund, which picked up 10.7 lakh shares at Rs 2,919.02 apiece. Laxmi India Finance witnessed BofA Securities Europe SA selling 2.6 lakh shares at Rs 125.01 per share. Spandana Sphoorty Financial saw ACM Global Fund VCC acquire 1.38 lakh shares at Rs 9.95 per share. MVK Agro Food Product reported trading activity with Wallfort PMS & Advisory Services LLP selling 1.2 lakh shares at Rs 250.05 apiece. Meanwhile, Tushar Bherulal Tepan and Nikesh Agro Farms and Infrastructure acquired 84,000 and 99,600 shares respectively. Block Deals Bikaji Foods International's promoters, Deepak Agarwal and Shiv Ratan Agarwal, offloaded 25 lakh shares (0.99% stake) at Rs 732 each. Buyers included ICICI Prudential Life Insurance, Tata MF, HDFC Life, Aditya Birla Sun Life MF, and Alphamine Absolute Return Fund. SME IPO Listings on August 7 top videos View all New SME listings debuting today include Cash Ur Drive Marketing and Renol Polychem. On Wednesday, the 30-share BSE Sensex fell 166.26 points or 0.21 per cent to settle at 80,543.99 with 18 of its constituents ending lower and 12 with gains. During the day, it declined 261.43 points or 0.32 per cent to hit a low of 80,448.82. The 50-share NSE Nifty dipped 75.35 points or 0.31 per cent to close at 24,574.20. In the intraday session, the index decreased 110.35 points or 0.44 per cent to hit a low of 24,539.20. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : stocks to watch Stocks to watch today view comments Location : New Delhi, India, India First Published: August 07, 2025, 08:21 IST News business » markets Stocks To Watch Today: Hero MotoCorp, Trent, Titan, Fortis, Bajaj, Kalpataru, In Focus On August 7 Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
08-07-2025
- Business
- Business Standard
Edelweiss Financial to undertake public issue of NCDs worth up to Rs 300 crore
Edelweiss Financial Services has announced the public issue of secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each for an amount up to Rs 300 crore. The issue has a base issue size of Rs 150 crore and a a green shoe option of up to Rs 150 crore. The issue has 12 series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months, and 120 months with annual, monthly and cumulative interest options. Effective annual interest yield on the NCDs ranges from 9.00% p.a. to 10.49% p.a. The issue is scheduled to open on Tuesday, 08 July 2025 and close on Monday, 21 July 2025. At least 75% of the funds raised through this issue will be used for the purpose of repayment/prepayment of interest and principal of existing borrowings of the company and the balance is proposed to be utilized for general corporate purposes, subject to such utilization not exceeding 25% of the amount raised in the issue. The NCDs proposed to be issued under the issue have been rated Crisil A+ with stable outlook. Edelweiss Financial Services, on standalone basis, is primarily engaged in investment banking services and provides development, managerial and financial support to group entities. The scrip had advanced 1.58% to end at Rs 115.55 on the BSE today.
