13 Covid-negative businesses double profit in Q1, Street rewarding them

To keep you updated, we send ET Investment Opportunities Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here

THE ECONOMIC TIMES Fri, Aug 07, 2020 | 08:24 AM IST ET Investment Opportunities

13 Covid-negative businesses double profit in Q1, Street rewarding them April-June quarter earnings show several businesses from across sectors such as FMCG, agriculture, pharmaceutical, IT and e-commerce remained unscathed by the business disruption. Everyone is bullish and sees value in this stock. But no one wants to buy it In the publicly available Reuters Eikon database, the stock had 23 'buy', 17 'outperform', five 'hold', one 'underperform' and one 'sell' ratings for the stock as of July 30. Ridham Desai is super-bullish on these 3 sectors for next 3-4 years A lot of financial services which were non-bank financial services will do quite well over the next few years.' 10 Indian stocks created more wealth than GDP of 140 nations! The 10 index stocks swelled their combined market value by Rs 17.76 lakh crore, which at the current rupee-dollar exchange rate of 74.8 would equal $237 billion.

Advertorial Here's everything you want to know about world's first 8K TV Advertorial Launched! Smartphone with Path-Breaking innovations

Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Axis Bluechip Fund Direct Plan-Growth 4.07 -6.58 7.61 10.57 Axis Bluechip Fund-Growth 3.97 -7.15 6.32 9.13 Canara Robeco Bluechip Equity Fund Direct-Growth 4.31 -2.98 14.46 8.69 Canara Robeco Bluechip Equity Fund Regular-Growth 4.19 -3.66 12.87 7.37 HDFC Index Sensex Fund-Growth 4.37 -7.61 3.13 6.19

Economic Times Biz Listings Are you a Financial Service Provider? Are you looking for Financial Advice? List your Business to get Leads Find trusted Professionals near you

As Buffett starts buying stocks, analysts wonder if they should go bottom-up BSE Sensex is up 45 per cent from its March low. Marketmen say while the domestic indices look richly valued at this point, there do exist pockets of stocks with reasonable valuations. Where to invest in a high-valuation market? Each and every stock in the Sensex pack has delivered solid returns to investors in last four months. Why it makes sense to buy index funds Financial planners believe index funds merit allocation given their low costs, no fund manager bias and poor alpha generation ability of active fund managers. 10% risk-free rate! HNIs find a goldmine The rate of return has hit an annual 10 per cent, from an average 7- 8 per cent, amid the commodity's astounding 32 per cent rise last month.

Advertorial Enjoy your favourite online content now on your smart TV Advertorial Sanitise clothes at home without losing a peace of mind

What's in a name? It can give a stock 400% leap While Bharat Biotech is competing to develop India's first vaccine for the pandemic, shares of a little-known state-owned company — Bharat Immunological and Biological Corporation — have rallied nearly 440 per cent since April 1. 12 stocks that are flashing BUY signals on tech charts Of late, the stock market bears have tightened their grip on Dalal Street, and analysts believe the index is likely to stay vulnerable and hence recommend a highly stock approach to the market. "Avoid aggressive longs unless Nifty takes out the 11,300-11,350 zone on a closing basis. Until that happens, we will find the index vulnerable at higher levels. A highly focused and stock-specific approach is advised for the day," said Milan Vaishnav, CMT, MSTA is a Consultant Technical Analyst and founder of Gemstone Equity Research & Advisory Services.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Kotak FMP Series 286 - 1355 Days Direct-G Debt: FMP Closed-end 07 Aug 2020 11 Aug 2020 5,000 Kotak FMP Series 286 - 1355 Days Reg-D Debt: FMP Closed-end 07 Aug 2020 11 Aug 2020 5,000 Kotak FMP Series 286 - 1355 Days Reg-G Debt: FMP Closed-end 07 Aug 2020 11 Aug 2020 5,000 Kotak FMP Series 286 - 1355 Days Direct-D Debt: FMP Closed-end 07 Aug 2020 11 Aug 2020 5,000 More >>

Real Estate News

Jaypee Wish Town buyers left in lurch as construction gets stalled This, despite the National Company Law Appellate Tribunal (NCLAT) giving conditional approval to the state-owned NBCC to complete the pending 20,000 Wish Town flats in April.

Jaipur development body to launch four housing schemes To sell the plots in its developed schemes, the JDA recently had reduced the reserve price of uninhabited land in its region by 10% to 37%. The decision was taken by the higher authorities looking at the slump in prices in the region.

Realtors see next 6 months moderately better: Survey The step up in future sentiment attributed to an expected improvement in macroeconomic indicators and the adaptation to new business models shaping recovery in the next six months.

Average cost of 3 BHK is Rs 93 lakh in this NCR area The Noida Expressway stretch is a preferred location by those who work nearby. It close to key office hubs such as Advant Navis Business Park, Unitech Infospace etc. Key schools and hospitals include Lotus Valley International School, DPS, Jaypee Hospital, Felix Hospital, etc.

Homebuyers back in realty market but plan to cut budgets Out of the total respondents seeking to cut budget, a substantial 56% were looking to reduce their budget by over 20%. 32% indicated that they are trying to cut their home buying budget by 11-20%. This may lead to demand for smaller homes.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   ICICI Pru Alpha Low Vol 30 ETF-G Equity: Large Cap Open-ended 03 Aug 2020 10 Aug 2020 5,000 Nippon India Multi Asset Fund Reg-G Hybrid: Multi Asset Allocation Open-ended 07 Aug 2020 21 Aug 2020 5,000 Nippon India Multi Asset Fund Reg-D Hybrid: Multi Asset Allocation Open-ended 07 Aug 2020 21 Aug 2020 5,000 Nippon India Multi Asset Fund Direct-D Hybrid: Multi Asset Allocation Open-ended 07 Aug 2020 21 Aug 2020 5,000 Nippon India Multi Asset Fund Direct-G Hybrid: Multi Asset Allocation Open-ended 07 Aug 2020 21 Aug 2020 5,000 More >>

Views and Recommendations

Buy JK Lakshmi Cement, target price Rs 370: ICICI Securities 06 August, 2020, 01:55 PM IST JK Lakshmi Cement Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 3370.07 Crore) operating in Cement sector. Buy Buy Visaka Industries, target price Rs 512: ICICI Securities 06 August, 2020, 01:55 PM IST Visaka Industries Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 518.35 Crore) operating in Building Materials sector. Buy Add Pfizer, target price Rs 4705: ICICI Securities 06 August, 2020, 12:00 PM IST Pfizer Ltd., incorporated in the year 1950, is a Large Cap company (having a market cap of Rs 20181.84 Crore) operating in Pharmaceuticals sector. Add Buy Asahi India Glass, target price Rs 242: ICICI Securities 06 August, 2020, 12:00 PM IST Asahi India Glass Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 4506.89 Crore) operating in Glass sector. Buy

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

Markets Watch Round up of stock, currency, bond, money and real estate market

ET Panache Latest in the world of fashion, technology, food and celebrity

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2020 Times Internet Limited.

ET Investment Opportunities is now part of your favourite ET Wealth mailer. Property, Stocks, IPOs, NFOs and Mutual Funds – get the latest investment options in your mail box every week with ET Investment Opportunities.

To unsubscribe or edit your subscriptions please click here