Credit Suisse says the sell-off in Disney is overblown, stock can rebound nearly 30%

The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day.Source: NYSE

Tuesday's sell-off for Disney after the company warned of slowing subscriber growth was an overreaction and the stock should rebound, according to Credit Suisse.

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Revfin raises $4 million in pre-series A funding round

Representative image EV financing digital platform Revfin on Wednesday said it has raised USD 4 million (nearly Rs 30 crore) in pre-series A funding round with both equity and debt. ... Read more »

Facebook will soon change parent company name

Not commonly used The company’s new name is still a closely guarded secret, according to The Verge. Even in the top few people would know about it. It is not ... Read more »

€570m in spending and 300 fines: environmental inspectors in spotlight

Work on building a new underground bike park in Amsterdam. Photo: DutchNews.nl Government environmental service inspectors handed out almost 300 fines to companies last year and issued over 2,000 warnings, ... Read more »

Most S'poreans want priority schemes removed, limit resale buyers for HDB flats in prime areas

More than 7,500 Singaporeans have weighed in on how to keep new HDB flats in prime areas such as the Greater Southern Waterfront inclusive. SINGAPORE – Removing Housing Board priority ... Read more »

Advice: new distribution of billions among municipalities still problematic

A new way of distributing 30 billion euros between municipalities is better than the current one, but still has problems. That is what the Council for Public Administration (ROB) says ... Read more »

British inflation dips but rate rise still forecast

British annual inflation cooled slightly in September, official data showed Wednesday, remaining close to a nine-year peak that still risks a UK interest rate rise next month. The annual inflation ... Read more »

Rains disrupt business revival of Uttarakhand, Kerala hotels

Incessant rains and flash floods in Uttarakhand and Kerala have delivered a body blow to the revival of hotels in the tourism-dependent states, pushing the process back by at least ... Read more »

OnMobile Global announces new leadership structure; names Sanjay Baweja as MD, Global CEO

OnMobile Global (Image: onmobile.com) OnMobile Global has announced a new leadership structure and named Sanjay Baweja as its Managing Director and Global CEO. Krish Seshadri takes over as Chief Executive ... Read more »

Startups' salary expenses jump 43% in April-Sept amid hiring spree

Ballooning salaries and team expansions over the last six months has led to a 43 percent spike in salary spends of startups in India with companies hiring aggressively amid a ... Read more »

Navin Fluorine Consolidated September 2021 Net Sales at Rs 338.96 crore, up 6.28% Y-o-Y

Reported Consolidated quarterly numbers for Navin Fluorine International are: Net Sales at Rs 338.96 crore in September 2021 up 6.28% from Rs. 318.92 crore in September 2020. Quarterly Net Profit ... Read more »

L&T Technology Consolidated September 2021 Net Sales at Rs 1,607.70 crore, up 22.37% Y-o-Y

Reported Consolidated quarterly numbers for L&T Technology Services are: Net Sales at Rs 1,607.70 crore in September 2021 up 22.37% from Rs. 1,313.80 crore in September 2020. Quarterly Net Profit ... Read more »

NELCO Consolidated September 2021 Net Sales at Rs 61.22 crore, up 15.03% Y-o-Y

Reported Consolidated quarterly numbers for NELCO are: Net Sales at Rs 61.22 crore in September 2021 up 15.03% from Rs. 53.22 crore in September 2020. Quarterly Net Profit at Rs. ... Read more »

Relic Life Scie Consolidated September 2021 Net Sales at Rs 0.48 crore, up 30.17% Y-o-Y

Reported Consolidated quarterly numbers for Relic Life Science are: Net Sales at Rs 0.48 crore in September 2021 up 30.17% from Rs. 0.37 crore in September 2020. Quarterly Net Profit ... Read more »

ICICI Prudentia Consolidated September 2021 Net Sales at Rs 769.11 crore, up 23.5% Y-o-Y

Reported Consolidated quarterly numbers for ICICI Prudential Life Insurance Company are: Net Sales at Rs 769.11 crore in September 2021 up 23.5% from Rs. 622.75 crore in September 2020. Quarterly ... Read more »

Sonata Consolidated September 2021 Net Sales at Rs 963.18 crore, up 19.83% Y-o-Y

Reported Consolidated quarterly numbers for Sonata Software are: Net Sales at Rs 963.18 crore in September 2021 up 19.83% from Rs. 803.77 crore in September 2020. Quarterly Net Profit at ... Read more »

Shakti Pumps Consolidated September 2021 Net Sales at Rs 369.02 crore, up 83.51% Y-o-Y

Reported Consolidated quarterly numbers for Shakti Pumps (India) are: Net Sales at Rs 369.02 crore in September 2021 up 83.51% from Rs. 201.09 crore in September 2020. Quarterly Net Profit ... Read more »

ING is third big bank to compensate customers over interest rates

Photo: Wikimedia Commons ING has become the third of the big Dutch banks to say it will compensate customers who paid too high interest rates on some variable loans. The ... Read more »

Xiaomi reportedly preparing to mass-produce its electric cars in 2024

Photo by: Christian Salas/Unsplash Xiaomi Corp. is gearing up to sell its own electric cars, and the company revealed the schedule for mass production was earlier than expected. The Chinese ... Read more »

Concord Drugs Standalone September 2021 Net Sales at Rs 9.86 crore, down 40.49% Y-o-Y

Reported Standalone quarterly numbers for Concord Drugs are: Net Sales at Rs 9.86 crore in September 2021 down 40.49% from Rs. 16.57 crore in September 2020. Quarterly Net Profit at ... Read more »

Kreon Fin Serv Standalone September 2021 Net Sales at Rs 0.79 crore, up 125.11% Y-o-Y

Reported Standalone quarterly numbers for Kreon Finnancial Services are: Net Sales at Rs 0.79 crore in September 2021 up 125.11% from Rs. 0.35 crore in September 2020. Quarterly Net Profit ... Read more »

Relic Life Scie Standalone September 2021 Net Sales at Rs 0.48 crore, up 30.17% Y-o-Y

Reported Standalone quarterly numbers for Relic Life Science are: Net Sales at Rs 0.48 crore in September 2021 up 30.17% from Rs. 0.37 crore in September 2020. Quarterly Net Profit ... Read more »

Navin Fluorine Standalone September 2021 Net Sales at Rs 324.44 crore, up 5.44% Y-o-Y

Reported Standalone quarterly numbers for Navin Fluorine International are: Net Sales at Rs 324.44 crore in September 2021 up 5.44% from Rs. 307.70 crore in September 2020. Quarterly Net Profit ... Read more »

NELCO Standalone September 2021 Net Sales at Rs 33.28 crore, up 260.95% Y-o-Y

Reported Standalone quarterly numbers for NELCO are: Net Sales at Rs 33.28 crore in September 2021 up 260.95% from Rs. 9.22 crore in September 2020. Quarterly Net Profit at Rs. ... Read more »

ICICI Prudentia Standalone September 2021 Net Sales at Rs 768.55 crore, up 23.52% Y-o-Y

Reported Standalone quarterly numbers for ICICI Prudential Life Insurance Company are: Net Sales at Rs 768.55 crore in September 2021 up 23.52% from Rs. 622.20 crore in September 2020. Quarterly ... Read more »

ICICI Securitie Standalone September 2021 Net Sales at Rs 856.19 crore, up 25.83% Y-o-Y

Reported Standalone quarterly numbers for ICICI Securities Ltd. are: Net Sales at Rs 856.19 crore in September 2021 up 25.83% from Rs. 680.45 crore in September 2020. Quarterly Net Profit ... Read more »

Arfin India Standalone September 2021 Net Sales at Rs 132.33 crore, up 73.11% Y-o-Y

Reported Standalone quarterly numbers for Arfin India are: Net Sales at Rs 132.33 crore in September 2021 up 73.11% from Rs. 76.44 crore in September 2020. Quarterly Net Profit at ... Read more »

L&T Technology Standalone September 2021 Net Sales at Rs 1,447.30 crore, up 19.82% Y-o-Y

Reported Standalone quarterly numbers for L&T Technology Services are: Net Sales at Rs 1,447.30 crore in September 2021 up 19.82% from Rs. 1,207.90 crore in September 2020. Quarterly Net Profit ... Read more »

Sonata Standalone September 2021 Net Sales at Rs 189.04 crore, down 9.61% Y-o-Y

Reported Standalone quarterly numbers for Sonata Software are: Net Sales at Rs 189.04 crore in September 2021 down 9.61% from Rs. 209.14 crore in September 2020. Quarterly Net Profit at ... Read more »

ACC Standalone September 2021 Net Sales at Rs 3,748.90 crore, up 5.98% Y-o-Y

Reported Standalone quarterly numbers for ACC are: Net Sales at Rs 3,748.90 crore in September 2021 up 5.98% from Rs. 3,537.31 crore in September 2020. Quarterly Net Profit at Rs. ... Read more »

Tata Steel BSL Standalone September 2021 Net Sales at Rs 8,308.72 crore, up 50.54% Y-o-Y

Reported Standalone quarterly numbers for Tata Steel BSL Limited are: Net Sales at Rs 8,308.72 crore in September 2021 up 50.54% from Rs. 5,519.40 crore in September 2020. Quarterly Net ... Read more »

ICICI Securitie Consolidated September 2021 Net Sales at Rs 856.37 crore, up 25.81% Y-o-Y

Reported Consolidated quarterly numbers for ICICI Securities Ltd. are: Net Sales at Rs 856.37 crore in September 2021 up 25.81% from Rs. 680.68 crore in September 2020. Quarterly Net Profit ... Read more »

Shakti Pumps Standalone September 2021 Net Sales at Rs 356.55 crore, up 85.63% Y-o-Y

Reported Standalone quarterly numbers for Shakti Pumps (India) are: Net Sales at Rs 356.55 crore in September 2021 up 85.63% from Rs. 192.08 crore in September 2020. Quarterly Net Profit ... Read more »

ITC corrects 6% after 26% rally. What should investors do now?

A seven-session rally, the market faced a drag from ITC off its record peak on Tuesday. It was perhaps the news of health ministry reviewing the taxation structure for tobacco products ... Read more »

Metal stocks turn volatile as China pledges to contain coal prices

The Indian stock market after trading flat in the morning session has slipped into the red amid volatility. Sensex is down 348.23 points, or 0.56%, to 61,367.82 and the Nifty ... Read more »

Buy Nestle India Ltd; target of Rs 22,395: Sharekhan

In Q3CY2021, Nestle India (Nestle) registered mixed performance with revenues growing by ~10% to Rs. 3,865 crore while PAT grew by 5% to Rs. 617.4 crore (due to a 52 ... Read more »

Buy Hindustan Unilever Ltd; target of Rs 3185: Sharekhan

buy_98315393 Hindustan Unilever Limited’s (HUL) Q2FY2022 operating performance was in-line with expectation with domestic revenue, growing by 11% to Rs. 12,724 crore, while PAT growth was moderate at 6% to ... Read more »

ING will compensate customers who have paid too much interest

ING will compensate customers who have paid too much interest on certain loans. The bank reported this on Wednesday. This concerns so-called consumer loans with a variable interest rate, such ... Read more »

Burberry goes shopping for British Versace boss Akeroyd to succeed Gobbetti

Investors give a positive reaction to the appointment which will not take effect until April next year under the terms of Mr Akeroyd's contract at Versace. Read more »

Buy L&T Technology Services; target of Rs 5900: Sharekhan

L&T Technology Services (LTTS) delivered yet another strong quarter beating estimates on all fronts, with healthy improvement in EBIT margins, client additions, offshoring revenue mix and free cash flows (FCF). ... Read more »

Buy ICICI Prudential Life Insurance; target of Rs 780: Motilal Oswal

IPRU posted ~35% YoY growth in new business APE, led by healthy trends in the Annuity segment (~67% YoY), while ULIP growth bounced back strongly (~44% YoY). Protection growth was ... Read more »