Auto Sector Q1 Results Preview: Given the easing input cost pressure, price hikes taken by OEMs to partially offset the commodity hikes, and stable demand across segments, Motilal Oswal expects renewed investor interest in the sector in coming quarters.
IT Sector Q1 Results Preview: Systematix has highlighted that tech companies are expected to report another quarter of muted growth despite seasonal strength, impacted by client-specific issues, weakness in select verticals and geopolitical uncertainty.
The brokerage's optimism is premised upon a combination of inexpensive valuations, decent volume growth pick-up, and ONGC being a beneficiary of a multi-year government focus to turn around the sector.
As confidence builds around the sustainability of returns and the durability of the transformed franchise,Nirmal Bang believes South Indian Bank is well positioned for a valuation rerating.
Motilal Oswal believes the latest approvals, coupled with the government's fast-track procurement initiatives, could significantly improve order inflow visibility for domestic defence companies.
Swiggy, Zomato, Zepto and other platforms argue the Karnataka gig worker law overlaps with the Code on Social Security, 2020.
Mahindra said its E20-compliant petrol vehicles have undergone extensive testing, as automakers backed India's nationwide transition to ethanol-blended fuel.
Adani Defence & Aerospace said the Shivpuri project will create 5,000 jobs and strengthen indigenous missile manufacturing under the Aatmanirbhar Bharat initiative.
The last date for application is July 8, and the bank expects to complete the entire process by December.
Wipro IT Services is expected to be at the lower end of the range, while Tech Mahindra is likely to lead the large-cap pack.