Stock Market: Top Stocks to Watch Today (12th Aug, 24 – Monday)
IDFC First Bank: IDFC First Bank has reported healthy growth in its loan book and a stable net interest margin. The bank’s focus on retail and corporate banking, along with its strong capital adequacy ratio, makes it a solid choice for intraday traders. Its consistent performance and prudent risk management are additional benefits.
Punjab National Bank: PNB has shown improvement in its asset quality and a significant increase in its net profit. As one of the largest public sector banks in India, PNB has a vast customer base and extensive reach. Its strong financial performance and government backing make it a stable option for intraday trading.
Oberoi Realty: Oberoi Realty has reported healthy growth in its revenue and profit margins. With a focus on high-end residential and commercial projects, Oberoi Realty has a strong presence in the Mumbai real estate market. Its premium offerings and strategic land acquisitions make it a good candidate for intraday trading.
DLF Limited: DLF has recently reported strong quarterly results with a significant increase in net profit and sales. As one of the largest real estate developers in India, DLF has a diverse portfolio of residential, commercial, and retail properties. Its strong financial performance and extensive land bank make it a reliable choice for intraday trading.
Torrent Pharmaceuticals Ltd: Torrent Pharma has shown robust growth in its revenue and profit, driven by strong performance in the domestic market. With a focus on chronic and specialty therapies, Torrent Pharma has a strong product portfolio and a consistent track record. Its strategic acquisitions and focus on innovation provide additional growth potential.
Glenmark Pharmaceuticals Ltd: Glenmark has reported healthy growth in its sales and profit, with a strong performance in the US and Indian markets. Glenmark’s focus on generics and specialty drugs, along with its strong R&D capabilities, make it a good candidate for intraday trading. Its consistent performance and strategic initiatives in the biosimilars space are additional benefits.
Emami Ltd: Emami has shown robust growth in its sales and profit, with strong performance in the personal care and healthcare segments. With a focus on natural and Ayurvedic products, Emami has a strong brand reputation and a diverse product portfolio. Its consistent performance and strategic initiatives in the rural markets make it a good candidate for intraday trading.
Procter & Gamble Hygiene and Health Care Ltd: P&G Hygiene has reported healthy growth in its revenue and profit, driven by strong performance in the feminine care and health care segments. P&G Known for its trusted brands and focus on innovation, P&G Hygiene has a strong market presence. Its consistent performance and strategic initiatives in the health and wellness space provide additional growth potential.
DB Corp Ltd: DB Corp has shown significant growth in its revenue and profit, driven by strong performance in the print and digital segments. With a focus on regional content, DB Corp has a strong market presence and a loyal reader base. Its consistent performance and strategic initiatives in expanding its digital footprint provide additional growth potential.
HT Media Ltd: HT Media has reported robust growth in its advertising revenue and digital subscriptions. Known for its strong presence in the print and digital media segments, HT Media has a diverse portfolio of publications and a strong brand reputation. Its consistent performance and strategic initiatives in digital transformation make it a solid choice for intraday trading.
Disclaimer: Please note that these are our observations based on the current market performance and past data. It is always a good idea to do your own research before making any trading decisions. Also, consider using fundamental & technical analysis tools to identify entry and exit points. Always stay informed about market news and events that could impact these stocks.
Happy Trading 😊
