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TCS, Tata Elxsi, Ireda kick off Q1 result season: See full list here
TCS, Tata Elxsi, Ireda kick off Q1 result season: See full list here

Business Standard

time3 days ago

  • Business
  • Business Standard

TCS, Tata Elxsi, Ireda kick off Q1 result season: See full list here

The first-quarter earnings season for the financial year 2025–26 (Q1 FY26) officially begins this week. Thursday will see IT major Tata Consultancy Services (TCS) among 17 companies set to release their earnings report for the quarter that ended on June 30. Indian Renewable Energy Development Agency (Ireda), Tata Elxsi, and Anand Rathi Wealth Ltd are also among the major companies set to release their Q1 performance reports today. TCS will announce its audited standalone and consolidated financial results after market hours, followed by a press conference at 5:30 pm. The company is also expected to declare an interim dividend for FY26, according to its regulatory filing. TCS Q1 result preview Tata Group's IT flagship TCS is expected to post muted Q1 performance, reflecting pressure from deal ramp-downs and subdued discretionary tech spending. Analysts polled by Business Standard expect a slight decline in the company's revenue to ₹64,342.93 crore, marking a 0.21 per cent drop quarter-on-quarter. Margins are anticipated to remain flat, with limited support from growth to provide any operational leverage. The overall performance is likely to be dragged down by reduced revenue from BSNL and delays in client ramp-ups. Market overview July 10 Indian equity markets opened lower on Thursday, weighed by uncertainty around US tariff policy and anticipation ahead of Q1 results. Indian equity markets opened on a weaker note on Thursday, pressured by uncertainty surrounding US tariff policy and cautious sentiment ahead of the first-quarter earnings season. At 10 am, Sensex was trading at 83,420, down 116 points or 0.14 per cent, while the Nifty50 stood at 25,429, down 47 points or 0.19 per cent. Despite the broader weakness, the Nifty MidCap and SmallCap indices remained in positive territory, although they had retreated from their early highs. Follow the latest market updates here: List of firms releasing Q1 FY26 results on July 10 ACE Edutrend Ltd Ajel Ltd Anand Rathi Wealth Ltd Atharv Enterprises Ltd Eimco Elecon (India) Ltd Futura Polyesters Ltd Groarc Industries India Ltd GTPL Hathway Ltd Indian Renewable Energy Development Agency Ltd International Travel House Netlink Solutions India Ltd Oswal Pumps Ltd Silverline Technologies Ltd Stellant Securities (India) Ltd Tata Elxsi Ltd Tata Consultancy Services Ltd TeleCanor Global Ltd

Best stocks to buy today, 8 July, recommended by NeoTrader's Raja Venkatraman
Best stocks to buy today, 8 July, recommended by NeoTrader's Raja Venkatraman

Mint

time5 days ago

  • Business
  • Mint

Best stocks to buy today, 8 July, recommended by NeoTrader's Raja Venkatraman

A lacklustre day seems to be leading to a hard time, as we were unable to trigger any further negative bias. As we contemplate further action, we should continue to participate, albeit in a limited fashion, as the markets are not able to sustain the intraday decline, hinting at a possible breakout of resistance zones. Here are three stocks to trade, as recommended by Raja Venkatraman of NeoTrader for Tuesday, 8 July: SUVEN: Buy CMP and dips to ₹255 | Stop ₹245 | Target ₹295-310 TIRUMALCHM: Buy CMP and dips to ₹275 | Stop ₹267 | Target ₹310 TEGA: Buy CMP and dips to ₹1,680 | Stop ₹1,660 | Target ₹1,925-1,990 Market update Benchmark indices ended largely unchanged, with the Nifty lingering around 25,450 as investors adopted a cautious stance ahead of anticipated developments in a US-India mini trade deal later this evening. At closing, the Sensex gained 193.42 points, or 0.23%, to finish at 83,432.89, while the Nifty rose 55.7 points, or 0.22%, to 25,461. Broader markets lagged, with the MidCap index slipping 0.27% and the SmallCap index down 0.40%. Banking and IT stocks outperformed; energy lagged. There are reports that the customs component of the mini deal may be announced today, with remaining details to follow in subsequent phases. Outlook for trading The market remains muted, triggered by geopolitical tensions. The market tested our patience on Monday, but did not give up the lower levels. However, the trend seen over the last few days highlights that the Nifty managed to hold on and did not give up. In the last report, we mentioned, 'From the charts above, we can see that the trends are down into some strong set of supports yet again." On the charts, we note that the doji formation on Monday continues to keep us guessing. Taking some cues from the Option data, we can add that the levels around 25,450 that had steady Put writers have now ensured that the upward possibility gets more wings. With the PCR nearing 0.80, we can expect some trended move today. Stay alert. The trend that is emerging clearly suggests that the dips seen last week managed to hold the support zone, and the gap-down opening was covered to ensure that the prices traded above the range area that developed in the last few days. Hence, one should track the trends that are in progress as the up move needs to continue its way above 25,000 (Nifty Spot)to renew the bullish bias. Momentum on hourly charts is indicating that the prices after settling down seem to have witnessed a resumption of selling pressure. With the gradual and hesitant rise emerging from lower levels, we can expect the rise to remain hesitant. For shorts, we need to see the Nifty move above 25,300, which is immediate support as per the Open Interest data. If we witness a 30-minute range breakout on Tuesday, we can consider trading on either side as the trends remain tentative, and we expect some resistance to kick in. While the trends in the indices are still unclear, there is plenty of action as far as the stocks are concerned. Three stocks to trade, recommended by NeoTrader's Raja Venkatraman: Suven Life Sciences Ltd (Cmp 267.85) Why it's recommended: Suven Life Sciences Ltd is experiencing notable buying interest, with significant gains over various time frames. The stock has shown impressive growth in recent months and is trading near its 52-week high. It has maintained a bullish trend, outperforming broader market indices. As the prices have now managed to clear from its recent consolidation spanning more than 2 months, we can look to trade the upmove. Consider going long. Key metrics: P/E: 109.31 | 52-week high: ₹271.72 | Volume: 377.63K. Technical analysis: Support at ₹218 | Resistance at ₹350. Risk factors: Market volatility and slowdown in global markets and industry-specific challenges. Buy at: CMP and dips to ₹255. Target price: ₹295-310 in 1 month. Stop loss: ₹245. Thirumalai Chemicals Ltd (Cmp 291.55) Why it's recommended: The prices have been moving in a tight range, but at the same time, steady volume interest at lower levels has been holding the bullish bias. A long body candle on Monday has once again triggered some bullish possibilities in the coming sessions. With momentum picking up, one can look to buy. Key metrics: P/E: 36.02 | 52-week high: ₹395 | Volume: 555.53K. Technical analysis: Support at ₹225, resistance at ₹350. Risk factors: Rising input costs, increased operational expenses, and potentially foreign exchange impacts. Buy at: CMP and dips to ₹275. Target price: ₹310 in 1 month. Stop loss: ₹267. Tega Industries Ltd (Cmp 1755.30) Why it's recommended: The trends are remaining consistent and are showing a consistent rounding pattern, indicating that the momentum remains poised for more upside. Volumes saw a major uptick on Monday, indicating that the prices are giving a good follow-through post the value resistance area breakout. Key metrics: P/E: 66.43 | 52-week high: ₹2,327.45 | Volume: 530.66K. Technical analysis: Support at ₹1475, resistance at ₹2300. Risk factors: Rising input costs, increased operational expenses, and potentially foreign exchange impacts. Buy at: CMP and dips to ₹1,680. Target price: ₹1,925-1,990 in 1 month. Stop loss: ₹1,660. Raja Venkatraman is the co-founder of NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

JK Tyre, Timken among 5 smallcap stock ideas with upto 27% upside potential
JK Tyre, Timken among 5 smallcap stock ideas with upto 27% upside potential

Business Standard

time6 days ago

  • Business
  • Business Standard

JK Tyre, Timken among 5 smallcap stock ideas with upto 27% upside potential

Time to buy these 5 smallcap stocks? JK Tyre, Timken India, Triveni Turbine, Can Fin Homes and Rainbow Children can potentially rally up to 27% from here, suggest technical charts. Rex Cano Mumbai Listen to This Article The NSE Nifty SmallCap 250 index seems poised for further gains in the coming months following the formation of 'Golden Crossover' on the daily chart in recent trading sessions. Historical chart shows that this was the fifth 'Golden Crossover' on the Nifty SmallCap till date; the maximum rally the SmallCap index has witnessed after this technical development is a whopping 110 per cent. Against this background, here are 5 smallcap stocks which are favourably placed on the technical charts and

Should iShares Core S&P Small-Cap ETF (IJR) Be on Your Investing Radar?
Should iShares Core S&P Small-Cap ETF (IJR) Be on Your Investing Radar?

Yahoo

time02-07-2025

  • Business
  • Yahoo

Should iShares Core S&P Small-Cap ETF (IJR) Be on Your Investing Radar?

If you're interested in broad exposure to the Small Cap Blend segment of the US equity market, look no further than the iShares Core S&P Small-Cap ETF (IJR), a passively managed exchange traded fund launched on 05/22/2000. The fund is sponsored by Blackrock. It has amassed assets over $80.13 billion, making it the largest ETFs attempting to match the Small Cap Blend segment of the US equity market. Sitting at a market capitalization below $2 billion, small cap companies tend to be high-potential stocks compared to its large and mid cap counterparts, but come with higher risk. Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Annual operating expenses for this ETF are 0.06%, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 2.13%. Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Industrials sector--about 18.90% of the portfolio. Financials and Consumer Discretionary round out the top three. Looking at individual holdings, Blk Csh Fnd Treasury Sl Agency (XTSLA) accounts for about 1.19% of total assets, followed by Mr Cooper Group Inc (COOP) and Brinker International Inc (EAT). IJR seeks to match the performance of the S&P SmallCap 600 Index before fees and expenses. The S&P SmallCap 600 Index measures the performance of the small capitalization sector of the U.S. equity market. The ETF has lost about -3.08% so far this year and was up about 7.08% in the last one year (as of 07/02/2025). In the past 52-week period, it has traded between $90.56 and $127.38. The ETF has a beta of 1.06 and standard deviation of 21.69% for the trailing three-year period, making it a medium risk choice in the space. With about 635 holdings, it effectively diversifies company-specific risk. IShares Core S&P Small-Cap ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, IJR is a great option for investors seeking exposure to the Style Box - Small Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well. The Vanguard Small-Cap ETF (VB) and the iShares Russell 2000 ETF (IWM) track a similar index. While Vanguard Small-Cap ETF has $64.20 billion in assets, iShares Russell 2000 ETF has $64.78 billion. VB has an expense ratio of 0.05% and IWM charges 0.19%. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares Core S&P Small-Cap ETF (IJR): ETF Research Reports Brinker International, Inc. (EAT) : Free Stock Analysis Report iShares Russell 2000 ETF (IWM): ETF Research Reports Vanguard Small-Cap ETF (VB): ETF Research Reports MR. COOPER GROUP INC (COOP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Stock Market Updates: Sensex Up Over 200 Points; Nifty Tops 25,600; Infosys, ICICI Bank Top Gainers
Stock Market Updates: Sensex Up Over 200 Points; Nifty Tops 25,600; Infosys, ICICI Bank Top Gainers

News18

time02-07-2025

  • Business
  • News18

Stock Market Updates: Sensex Up Over 200 Points; Nifty Tops 25,600; Infosys, ICICI Bank Top Gainers

Sensex Today: Stock markets opened higher on Wednesday amid a mixed market sentiment globally Sensex Today: Stock markets opened higher on Wednesday amid a mixed market sentiment globally. The BSE Sensex was trading at 83,871, rising 174 points or 0.21 per cent, while the Nifty50 was at 25,599, up 57 points or 0.22 per cent. The broader Nifty MidCap, and SmallCap indices were flat with positive bias. Nifty Bank index, meanwhile, hit a record high of 57,628 in the intraday trade. After breaking the 24500-25000 range Nifty has moved to the new range of 25200-25800. Positive news about a possible trade deal between India and US can help break the upper limit of the range but it would be difficult to sustain the Nifty at higher levels for long. There are no indications yet of a strong rebound in earnings. GST collections data for June indicates sluggish growth. Auto sales numbers for June also indicates subdued sales. In brief, there is no room for the market to sustain the upward momentum given the high valuations. A surprise element is the resilience of the US economy and corporate earnings, which in turn is imparting resilience to the US market, despite the tariffs. How long this resilience will hold remains to be seen. The Fed chief Jerome Powell has indicated that there is no room for a rate cut immediately. This will rein-in the enthusiasm of the bulls. First Published: July 02, 2025, 09:33 IST

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