FORMULA SYSTEMS (1985) LIMITED (FORTY)

Brokerages initiated coverage on three Indian companies with positive ratings. Kirloskar Oil Engines has a price target implying a twenty-four percent upside. APL Apollo Tubes is seen as a strong play in building materials. Union Bank of India offers a sixteen percent potential return.

Higher prices for raw materials and semiconductors were likely a boon to S&P 500 earnings last quarter. They could also be a risk.

For investors seeking similar ... stocks list offers current prospects identified by these same analytical models. Fortune Brands Innovations operates in the consumer cyclicals sector, manufacturing plumbing, doors, and security products for residential and commercial applications. When InvestingPro…

The Dow gained 9% in the first six months of the year, the best first-half since 2021, while AI hype fueled major gains in the Nasdaq 100.

The June-quarter earnings season begins with TCS reporting on Thursday, with Motilal Oswal forecasting a 3% year-on-year earnings decline for its coverage universe—the weakest since September 2020. While large- and mid-cap companies are expected to post profit declines, small caps are projected ...