Latest news with #Bonanza
Economic Times
21 hours ago
- Automotive
- Economic Times
Tata Motors shares down 42% from peak: Should you buy the dip in this auto major's stock?
Once a bellwether of India's auto rally, Tata Motors now finds itself trading at a steep 42% discount to its record high. After a bruising year of tariff shocks, margin pressures, and waning momentum, the stock is testing investor patience, and tempting bargain hunters. Is this slump a value trap or a rare buying opportunity in one of India's most storied automakers? ADVERTISEMENT From a technical standpoint, Tata Motors shares are trading at Rs 682.30, below seven of their eight key simple moving averages (SMA), with the exception of the 100-day SMA. The Relative Strength Index (RSI) is hovering at 49.9, signalling a lack of directional conviction, while the MACD remains below the centre line at -1.0. Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities, noted that 'the stock has been moving in a 665–710 range since 16th June. Although the Auto index is outperforming the Nifty index, this stock has been a laggard.' He said, 'The RSI has been moving in the 40–60 range, supporting the sideways movement with the stock clearly lacking momentum. The ADX line is flat which further reinforces the lack of momentum in the stock.' Shah said that 'a decisive breakout on either side of the range can provide cues about the future direction of the stock.' He pointed to Rs 665 as a key support level and Rs 710 as immediate resistance. 'Break below 665, can lead to price moving towards 635, where its prior swing low is placed… Break above 710, can lead to price moving towards 735–740 zones, where its 200 DEMA is placed currently. Momentum is unlikely unless 735–740 is successfully taken out on the upside.'Adding to the technical picture, Kunal Kamble, Senior Technical Research Analyst at Bonanza, observed that 'since June 18, 2025, Tata Motors has been trading within a well-defined range of Rs 665–Rs 700, suggesting a consolidation phase after a prior uptrend.' He said, 'The 9 & 21 EMAs are flattening, reflecting the absence of a strong directional trend. The RSI trading below 50 suggests a lack of momentum… The DMI (Directional Movement Index) remains compressed, indicating low trend strength.'Kamble said 'a decisive breakout above Rs 700 could trigger a move toward Rs 740, while a breakdown below Rs 665 may lead the stock to retest support at Rs 635.' But for now, 'it's prudent to remain on the sidelines and wait for volume-supported confirmation of a breakout or breakdown.' ADVERTISEMENT Anuj Gupta, Director at Ya Wealth, said, 'Broadly the trend of Tata Motors is sideways as it is trading between the support of 600 levels and resistance of 750 levels.'Gupta said, 'For a very short term it has support at 670 levels and next support at 640 levels. Resistance at 710 and strong resistance at 750 levels.' He expects 'short term trend reversal in this stock,' and said, 'Investors may start investments in the Tata Motors around 640 to 670 range. We are expecting it may test 720 to 750 levels in the next 3 to 4 months. Keep support levels as stoploss levels.' ADVERTISEMENT Tata Motors shares rose 2% on Monday following an announcement that the U.S. and European Union had reached a deal to avert a major tariff escalation on EU exports, reducing car tariffs to 15% from a potential 30% hike. The new agreement replaces a 25% duty on EU auto exports with a baseline 15% rate, aligning it with the rate set for Japan. ADVERTISEMENT Anubhav Sangal, Senior Research Analyst at Bonanza, said the U.S-EU tariff agreement is 'expected to support volume growth for European automobile exporters, particularly Jaguar Land Rover (JLR), the luxury vehicle arm of Tata Motors.' He said that 'with the new deal reducing tariffs on vehicle exports from Slovakia to the United States from 27.5% to 15%, key models such as the Defender which is manufactured in Slovakia will now enjoy improved cost competitiveness in a critical market.'JLR had paused U.S.-bound shipments from its Slovakian plant in April due to higher tariffs, but resumed them in May. The North American market accounts for approximately 32% of JLR's total Sangal also flagged concerns. 'JLR trimmed its FY26 margin guidance to 5–7% (from earlier 10% guidance), primarily due to uncertainties over US tariffs.' He said, 'The company is currently facing several headwinds, like rising emission compliance and warranty costs in FY25, along with currency headwinds from USD depreciation against GBP.' ADVERTISEMENT At a group level, Tata Motors reported a 51% fall in consolidated net profit at Rs 8,470 crore in Q4 FY25, while revenue remained flat at Rs 1.19 lakh crore. EBITDA fell 4% to Rs 16,700 crore, with EBITDA margins slipping 60 basis points to 14%. For the same period, JLR posted £875 million in profit before tax, up from £661 million in Q4 FY24, aided by higher volumes and lower depreciation and Monday's bounce, analysts remain cautious in the near term. Kamble said, 'At this stage, it would be premature to call a trend reversal in Tata Motors, as the stock appears to be in the midst of a corrective wave.' He warned that 'the trend would only shift decisively if the stock manages to close above the swing high of Rs 745… Until that happens, bearish pressure remains intact.'Shah of SBI Securities echoed the sentiment, and said, 'Currently there are no trend reversal signs visible. The stock is moving in a tight range, forming thin body candles along the way. The momentum indicators and oscillators are further reinforcing the sideways movement in the stock.'Even as the stock remains vulnerable to further volatility, Anuj Gupta sees some cause for optimism. 'Now in India good monsoon may support the auto stock where Tata Motors may get good response due to availability in EVs segment. Upcoming festival season will also support the stock's price.'For now, Tata Motors remains range-bound and directionless, with near-term triggers hinging on sustained improvements in JLR's outlook and a breakout above key technical levels. Also read | Reliance Power shares down 15% in a month as ED probe drags. Can the stock reclaim Rs 70 amid volatility? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
a day ago
- Business
- Time of India
Cup and Handle Breakout Puts Thomas Cook on a 3–4 Month Bullish Path
'Thomas Cook has witnessed a classical breakout of a Cup and Handle pattern on the daily time frame, indicating the potential start of a fresh uptrend. Traders can buy for a target of Rs 262 in the next 3-4 months,' Kunal Kamble, Sr. Technical Research Analyst at Bonanza, said. Show more Show less
Economic Times
a day ago
- Business
- Economic Times
Market Trading Guide: Dr Reddy's Labs, 3 smallcaps are stocks to buy on Tuesday. Sell view on this largecap
Buy Allied Blenders at Rs 477-478 | Upside: 6% Live Events Buy Navin Fluorine at Rs 5,102.50 | Upside: 5% Sell ONGC Aug futures at rise of Rs 240-241 | Downside: 3% Buy Dr Reddy's Labs Rs 1,280-1,290 | Upside: 5% Buy Syngene at Rs 690-680 | Upside: 7% (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel India's headline indices began the week on a negative note falling for the third session in a row. The weakness was on account of selling pressure in IT, banks and realty socks. During the session, the Nifty faced resistance around the 50-EMA and remained below it until the on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the index fell below 24,700 amid rising weakness in the market, indicating a bear grip. 'The RSI continues to support the bears with its negative crossover. In the short term, the index may remain under pressure, with a possibility of slipping towards 24,550. On the higher end, resistance is seen at 24,800 and 24,950,' De are 5 stock recommendations for Tuesday:Stop loss: Rs 461Target: Rs 505Allied Blenders and Distillers (ABDL) is exhibiting a higher high–higher low formation, signaling a continuation of the uptrend. In the recent session, it formed a strong bullish candle near the 9-EMA, underscoring robust buying interest at lower levels. As long as the stock sustains above Rs 461, the technical setup remains constructive. The immediate upside target is placed at Rs 505, supported by momentum indicators like RSI, which continues to hover in the bullish zone, and a healthy ADX, reflecting trend strength.(Drumil Vithlani, Technical Research Analyst at Bonanza)Stop Loss: Rs 4,977Target: Rs 5,275/5,350Navin Fluorine International has confirmed a breakout from a rounding bottom formation on the monthly chart, indicating sustained accumulation at higher levels. This bullish breakout is accompanied by a significant rise in volumes, highlighting strong institutional participation. The momentum is further validated by technical indicators across the daily and weekly timeframes, with the RSI trending upwards and price action consistently holding above key moving averages. As long as the stock maintains a close above Rs 4,977, the technical outlook remains constructive. In the near term, the stock is poised to test Rs 5,275, with an extended upside potential towards Rs 5,350.(Drumil Vithlani, Technical Research Analyst at Bonanza)Stop Loss: Rs 244Target: Rs 234The stock recently witnessed a breakdown from its consolidation phase, indicating weakness in the trend. It has also closed below its 20-day EMA, reinforcing the bearish sentiment. Additionally, the RSI is in a bearish crossover, further signaling negative momentum. Given these technical indicators, any upward move in the stock should be considered an opportunity to exit or initiate short positions. Traders are advised to use any bounce as a selling opportunity for lower target levels in the coming sessions.(Vatsal Bhuva, Technical Analyst at LKP Securities)Stop Loss: Rs 1,245Target: Rs 1,350The stock has witnessed a short-term consolidation breakout along with a falling trendline breakout on the daily chart, suggesting a shift in momentum. It is trading above both the 20-day and 100-day EMAs, reflecting underlying strength. Additionally, the RSI is in a bullish crossover, supporting positive momentum. With a favorable risk-to-reward ratio, one can consider buying the stock, placing a stop-loss at 1245 and aiming for a target of 1350.(Vatsal Bhuva, Technical Analyst at LKP Securities)Stop Loss: Rs 660Target: Rs 725The stock gave a consolidation breakout on July 17 and has since been sustaining above its 20-day EMA, indicating strength and positive momentum. In Monday's session, it also closed above its 100-day EMA, adding to the bullish sentiment. The RSI continues to hold in bullish crossover territory, suggesting ongoing buying interest. With these technical indicators aligning positively, the stock is expected to move higher and test its 200-day EMA zone in the near term, making it an attractive candidate for further upside.(Vatsal Bhuva, Technical Analyst at LKP Securities)(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Engadget
6 days ago
- Entertainment
- Engadget
Donkey Kong Bananza review: Nintendo's latest 3D platformer is an instant classic
The best Nintendo games do two things. The first is introducing a delightful gaming mechanic — take Ultrahand in The Legend of Zelda: Tears of the Kingdom or Cappy in Super Mario Odyssey for some recent examples. The second is building a world around that mechanic for players to explore. Obviously games are more than one specific tool, and building a compelling game around a good mechanic is no small task. But when it all comes together, look out. You've got a game that people will remember for years, if not decades. It's a little early in the Switch 2's lifecycle to say definitively that Donkey Kong Bananza is a game of that caliber, but after playing it for the better part of a week I can say that the 'smash everything' mechanic that defines its gameplay is an absolute delight. And, just as importantly, Nintendo built a wonderful world around it, completely with varied levels and obstacles, charming characters, bizarre and delightful enemies, some catchy tunes and just enough challenge to keep it interesting. 3D platformers aren't even my favorite game style — I prefer Super Mario Wonder over Odyssey , and I love the various Donkey Kong platformers going back to the SNES days. But Bananza makes consistently good use of every dimension you can play in, and it's the kind of game that I'm going to keep exploring long after I roll credits. To view this content, you'll need to update your privacy settings. Please click here and view the "Content and social-media partners" setting to do so. To back up quickly: Bonanza introduces us to Donkey Kong and his smashing skills in a somewhat lengthy tutorial where you bust through a mine looking for gold. This sequence involves mashing the Y button to bust up the rocks around you and collect all the treasures that are revealed. DK can jump, climb many surfaces, rip up pieces of the terrain to throw and pound the ground to quickly collect treasure, but the main thing you're doing here is smashing. Smashing as much as possible. You can smash above you, below you and in front of you, and you can smash almost any surface you encounter (the game helpfully makes it obvious when a surface is impervious to DK fists.) At first, I thought I was going to get tired of all the smashing — the tutorial made it feel like mindlessly mashing Y was going to be all I was going to do in the game. But then the expected villain appears, stealing the Banandium gems (just go with it) and DK is compelled to dive deeper and deeper into the crust of the planet to get his bananas back. Once that happens, the game truly reveals itself: each 'world' you need to clear is a layer of the planet, but this being a Nintendo game none of the rules apply. Lagoon Layer is up first, and there's clear blue skies, water everywhere and varied terrain to explore (and smash). Residents of each layer will direct you to help clean up the trouble wrought by the three Kong creatures who make up VoidCo, the dastardly antagonists who stole the bananas. Bananza is good about guiding you from goal to goal while also giving you tons of freedom to explore and navigate the layers in any way you see fit. My guess is that the first thing you'll do is smash everything in sight. The smash mechanic on its own in the tutorial level didn't feel all that exciting, but putting it into the context of beautifully crafted 3D worlds to explore makes it an absolute delight. You can basically go anywhere you can see, and you can smash nearly anything the game puts in front of you. It's hard to pinpoint exactly what makes smashing so satisfying, besides the obvious and undeniable fact that destruction is fun. But the combination of visual, haptic and audio cues combine to make it something that absolutely does not get old despite my initial reservations. The crunch of smashing through rocks and mountains just feels different than when you're pounding your way through dirt or splintering giant trees. And smashing also equals exploration — if you see a mountain you can just pound your way into it to find gold, fossils (that you can exchange for upgraded costumes), power-ups and, most crucially, Banandium gems. The Banandium gems are similar to the stars or moons or whatever else other 3D platformers have you collect as you explore. Some you'll get naturally as you progress through the game and defeat various bosses, but there are dozens hidden around each layer that you'll want to seek out, as getting five gives you an upgrade point. Those you can use to add more health, and upgrade DK's various skills (like being able to smash through tougher terrain). There are also little hidden challenge levels that throw some tough platforming or timed battles at you with multiple bananas as a reward. There are a ton of ways to find bananas, and tons of them scattered around the various levels. I'm not exactly rushing through the game (there's so much to smash, you see), and I don't think I've found more than half of the bananas in any of Bananza 's layers. Donkey Kong Bananza is more than just smashing, though! I'd be remiss if I didn't mention the game's secondary protagonist, Pauline. It's reasonable if you don't know her by name; she's the damsel in distress in the old '80s Donkey Kong games but more recently showed up in Super Mario Odyssey as the mayor of New Donk City who loves to belt out a tune. In Bananza, Pauline is a 13-year-old who was captured by the VoidCo crew but is rescued by DK early in the game. From there, she sits on your shoulder as you work together to achieve your ends: Pauline needs to get to the planet's core to eventually get back to the surface and DK needs to get the VoidCo Kongs to get his Banandium gems back. Pauline's love of singing becomes a crucial part of the game, as her voice guides to checkpoints, unlocks hidden areas and, most importantly, activates various special powers that DK gains throughout the game. Multiple layers have delightfully ridiculous Elder animals presiding over them, including a giant ape, ostrich and zebra. Most of them have peacefully retired in their layers and have taken up DJing as a hobby; if you repair whatever damage VoidCo has caused, they'll grant you a new Bananza power. The Kong power supercharges DK's punches, while the Ostrich power lets you temporarily fly and float. Naturally, these powers end up being crucial to advancing in the game. They're all activated by different songs that Pauline learns, and those cut scenes are some of my favorite parts of the game. As a 13-year-old, she's not exactly comfortable singing in front of the big crowds gathered by the Elders, but she gets over it, performs with gusto and starts a wild dance party. As with most Nintendo games in this style, Pauline doesn't get a ton of character development — but watching her bond with DK and become more confident throughout her side chatter during the game is extremely sweet. One of my favorite moments in the game happens when DK takes a nap at the various hideouts you find to recover your energy. As the screen darkens for your nap, Pauline starts chattering about the world you're in or the adventures you've had, and it all feels like a kid trying to talk to their parents to avoid falling asleep. She gets drowsy, starts making a little less sense and eventually nods off. It's an unexpected and totally unnecessary (and optional) part of the game, but it really gives Pauline a personality. I'm in the last stages of the game, and at this point I'm playing as much to see what happens with Pauline and DK as I am to keep smashing more things. That somewhat unexpected combo of heart and destruction has kept me engrossed in Donkey Kong Bananza for the last week, and there's a ton of replayability that'll likely have me starting a new run once I finish this one. There's so much to explore, so many Banandium gems to find, so much to smash. It might not be the system-seller that something like Mario Kart World is, but it's the first truly great game for the Switch 2.
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Business Standard
21-07-2025
- Business
- Business Standard
Paytm Q1 results preview: Will co's net loss narrow? Check date, estimates
Paytm Q1 results preview: One 97 Communications, the parent company of Paytm, is scheduled to release its first quarter (Q1FY26) results on Tuesday, July 22, 2025. Paytm Q1 results 2025: Profit estimates Bloomberg estimates Paytm's adjusted net loss to narrow year-on-year (Y-o-Y) on average, to ₹126.63 crore as compared to ₹838.9 crore. Sequentially, the adjusted net loss is expected to narrow from ₹539.8 crore in Q4. Paytm Q1 results 2025: Revenue expectations The company's revenue for the quarter under review is expected to increase by 31 per cent in the first quarter, on average, to ₹1,968.15 crore as compared to ₹1,501.6 crore a year ago. However, on a Q-o-Q basis, the revenue is poised to rise 2.9 per cent from ₹1,911.5 crore in Q4FY25. The revenue, according to analysts, will be led by robust merchant lending expansion (higher take rates against personal loans) and gradual user base recovery post-NPCI onboarding approval. Check List of Q1 results today How will Paytm perform in Q1FY26? Motilal Oswal: Analysts at the brokerage expect Paytm's gross merchandise value (GMV) to grow 3 per cent quarter-on-quarter (Q-o-Q) to ₹5.3 trillion in Q1FY26. The company's revenue from operations is likely to remain flat Q-o-Q and increase 26 per cent Y-o-Y to ₹1,896 crore, while contribution profit is expected to decline marginally, largely due to UPI incentives in Q4FY25, to ₹1,050 crore. Contribution margin is expected to improve to 55.6 per cent. Paytm is forecasted to report marginal profits during Q1. JM Financial Institutional Securities: On a consolidated basis, the brokerage expects revenue to remain flat sequentially, but up 27 per cent Y-o-Y. The revenue from operations is pegged at ₹1,910.9 crore as compared to ₹1,911.5 crore in Q4FY25 and ₹1,501.6 crore a year ago. The contribution margin is forecasted to decline by 67 basis points (bps) to 55.4 per cent as compared to 56.1 per cent in Q4, due to an increasing share of financial services in the mix (via higher take-rates from the DLG model in merchant loans). Further, better operating leverage due to lower employee cost will help Paytm to remain adjusted Earnings before interest, tax, depreciation and amortisation (Ebitda) positive in Q1 with an adjusted Ebitda margin of 1.1 per cent. The company's adjusted Ebitda is projected at ₹21.1 crore as compared to ₹803 crore in Q4 and Ebitda loss of ₹545.2 crore a year ago. Track Stock Market LIVE Updates Bonanza: According to Nitant Darekar, research analyst at Bonanza, Paytm's Q1FY26 represents a pivotal inflection point as the fintech player transitions from restructuring to sustainable growth. Darekar expects the company to achieve PAT profitability from Q1FY26 onwards (barring exceptional items), underpinned by normalised employee stock ownership plan (ESOP) expenses at ₹75-₹100 crore quarterly against ₹522 crore exceptional charge and significant AI-driven operational efficiencies reducing cloud/data center costs. The company's revenue growth will be led by robust merchant lending expansion (higher take rates against personal loans) and gradual user base recovery post-NPCI onboarding approval. However, personal loan disbursements will remain subdued due to industry-wide credit tightening and management's strategic shift to a pure distribution model. The UPI MDR implementation catalyst within FY26 could unlock substantial monetisation potential at 5-8 bps of GMV. Master Capital Services: Analysts at the brokerage expect the payments and financial services segments to fare very well in Q1, demonstrating the ongoing recovery. Further, expectations of a rise in merchant subscriber base as the company has a key focus on the area, which helped stabilise core business even amid earlier headwinds. Paytm is likely to move closer to overall profitability, with the potential to achieve Ebitda profitability in Q1. Swastika Investmart: Santosh Meena, head of research at Swastika, believes there is a high probability that the company could turn PAT positive this quarter.
