Promoters held 51.26 per cent stake in the company as of 31-Mar-2022, while FIIs owned 14.34 per cent, DIIs 10.84 per cent.

India’s second-largest telco posted consolidated net profit at Rs 2,007.8 crore in the March quarter, also up 141% sequentially. Analysts had estimated net profit of around Rs 1,970 crore. This was Airtel’s sixth successive quarter in the black after six straight losses earlier.

Bajaj Electricals reported mere 6% YoY revenue growth, impacted by rural slowdown and reducing traction on alternate channels (e-commerce and modern trade).

​​Vodafone Idea narrowed its March quarter net loss to Rs 6,544.9 crore from Rs 7,234.1 crore in the previous three-month period, supported by the November tariff hikes, but also lost 3.4 million users. Net finance costs at a consolidated level fell 10.6% sequentially but rose 1% on year.

"It would be prudent to avoid the rate-sensitive sectors in a rising interest rate environment. However, given the current valuations of specific sectors, we would like to look at stocks individually, considering all factors such as demand environment, earnings capability, and valuations before taking a call on the stock," says Tata AIA Life Insurance CIO.

Investors who missed the opportunity before can look at entering the stock or accumulating the stock on dips between Rs 800-840 for a target of Rs 960-1020 in 1-2 months, suggest experts.

“If LIC is doing well by the 9th and 10th month., then maybe after the 12th month, the government will again look to sell more. Therefore I hope that it does well now and if we have to buy, we will have to buy it in the next few months. Otherwise, everybody will keep waiting for the next tranche.”

Data Patterns has proven in-house design and development capabilities and experience of more than three decades in the defence and aerospace electronics space across all the platforms - space, air, land and sea.

"We do not offer any guidance on the deal wins, but we see a pipeline of $40 million (~ Rs 300 crore) for this year with fair confidence. As of date, we serve six unicorns and have ten Fortune 500 companies as our active clients. Given the accelerated need for digital transformation post-pandemic, we are able to win good opportunities across geographies where we are present i.e. US, Germany, UAE, and recently, India."

“In the case of metal stocks, one has to get the entry points right. The prices are slightly on the higher side and the best of the earnings probably is either in the price or behind us. In the case of ITC, one has to see how the margins of the FMCG business is shaping up.”