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Samir Arora, Founder of Helios Capital, suggests that the current Budget could be significant since it is the first full one of the government's term. He advises holding small and midcap stocks despite recent market struggles and maintains a bullish outlook on the market, emphasizing that significant corrections are unlikely given current conditions.
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Inox Wind shares surged 12% to Rs 188.45 after posting a multifold jump in Q3 net profit to Rs 112 crore. Revenue nearly doubled to Rs 994 crore. The company plans to expand operations, with Nuvama maintaining a 'buy' rating and a target price of Rs 223.
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Vishal Mega Mart's shares rose by 2.6% after reporting a 28% YoY increase in net profit to Rs 262.7 crore in Q3 FY25. The company's revenue from operations also grew by 19.5% to Rs 3,136 crore. Vishal Mega Mart operates 668 stores across 432 cities with a loyal consumer base of approximately 141 million.
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