STUDDS Accessories Q2 Results
Net Profit Rs. 20.62 cr. up 18% YoY and 2% QoQ.
Revenue Rs. 154 cr. up 6% YoY and 3% QoQ.
EBITDA Rs. 29.84 cr. up 12% YoY but down 1% QoQ.
EBITDA margin at 19.32%, higher YoY but lower QoQ.
As discussed yesterday, market behaviour remained on expected lines. Nifty opened near our support of 25837 (opened at 25842.95), defended the level successfully, and then rallied sharply up to 26215.15.
1. FIIs net long position at 17.18%
2. PCR at 1.55
3. VIX at 11.96 (-2.29%)
4. FIIs bought 4778 cr in cash, 790.40 cr in index futures & 1778.70 cr in stock futures.
DIIs bought 6247.90 cr in cash.
As volatility grips markets, analysts using the latest “Stock Reports Plus” data have highlighted a group of Nifty 50 stocks that are particularly worth watching this week.
A fresh batch of Indian large-cap stocks has drawn strong “Buy” and “Strong Buy” recommendations from analysts — and is being highlighted for having upside potential of more than 28% over the coming months.
Shares of Bharti Airtel have broken out of a 20-week consolidation zone in mid-November, reaching new highs and catching the attention of technical analysts.
The regulator Securities and Exchange Board of India (SEBI) has approved the IPO of enterprise AI firm Fractal Analytics — marking a milestone for India’s tech ecosystem.
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