Hot Stocks: Brokerages view on Avenue Supermarts, Bajaj Finance, ICICI Bank and Sun Pharma

Hot Stocks: Brokerages view on Avenue Supermarts, Bajaj Finance, ICICI Bank and Sun Pharma

Brokerage firm HSBC maintained a buy rating on Sun Pharma, Citigroup recommended a buy rating on ICICI Bank, JPMorgan has an overweight rating on Bajaj Finance and CLSA recommended a buy rating on Avenue Supermarts. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: HSBC on Sun Pharma: … Read more

Maruti Suzuki breaches Rs 4 lakh crore m-cap mark as stock races to fresh 52-week high

Maruti Suzuki breaches Rs 4 lakh crore m-cap mark as stock races to fresh 52-week high

Shares of Maruti Suzuki India (MSIL) jumped 4% on Wednesday to hit a fresh 52-week high of Rs 12,722.70 on the NSE. The company also entered the coveted club of stocks with a market capitalisation of Rs 4 lakh crore. Currently, there are 13 other stocks with a market capitalisation of Rs 4 lakh crore … Read more

Hot Stocks: Brokerages on Bharti Airtel, DMart, MGL, Cummins, Bajaj Finance and IRB Infra

Hot Stocks: Brokerages on Bharti Airtel, DMart, MGL, Cummins, Bajaj Finance and IRB Infra

US brokerage Jefferies has maintained a buy view on Bharti Airtel and MGL while Cummins India received a ratings upgrade from HSBC. Among other notable brokerage actions, BofA reiterated a buy view on NBFC play Bajaj Finance while CLSA initiated a coverage on Avenue Supermarts. Kotak Securities also upgraded IRB Infrastructure to ‘Add’ from an … Read more

Hot Stocks: Brokerage view on ITC, Godrej Consumer, Jubilant FoodWorks and Bajaj Finance

Hot Stocks: Brokerage view on ITC, Godrej Consumer, Jubilant FoodWorks and Bajaj Finance

Brokerage firm CLSA has a buy rating on ITC, Nomura recommended a buy call on Bajaj Finance, CLSA maintained a sell rating on Jubilant FoodWorks and Macquarie has a neutral rating on Godrej Consumer. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on NBFCs: Bajaj Finance, … Read more

Heavyweights lag, but new leaders give wings to rally

Heavyweights lag, but new leaders give wings to rally

Mumbai: The dynamics of stock leadership on Dalal Street has undergone a change of late with stalwarts of the recent past taking a backseat and giving way to new stars. Gone are the days when bluechip consumer, private financials and information technology (IT) dominated the performance of the Nifty for nearly a decade. Now, the … Read more

Most analysts hold targets on Bajaj Finance, upside seen at 28%

Most analysts hold targets on Bajaj Finance, upside seen at 28%

Mumbai: Analysts at most top brokerages trimmed or retained share price targets on Bajaj Finance after the non-bank lender’s third-quarter results missed estimates. The stock fell 5.10% on Tuesday to close at ₹6,825, emerging as the top Nifty loser on Tuesday. The average analyst price target on Bajaj Finance available on Bloomberg after the third … Read more

Bajaj Finance Q3 Preview: PAT may rise 26% YoY led by robust loan growth, firm margins

Bajaj Finance Q3 Preview: PAT may rise 26% YoY led by robust loan growth, firm margins

MUMBAI – Bajaj Finance is expected to report a strong double-digit growth in earnings for the quarter ended December, led by healthy loan growth, higher margins, and moderate costs. The non-bank finance major is seen reporting a 26.3% year-on-year (YoY) growth in net profit for the quarter to Rs 3,756 crore, the average of estimates … Read more

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more

Hot Stocks: Brokerages view on HAL, Bajaj Finance, ICICI Bank and M&M Financial Services

Hot Stocks: Brokerages view on HAL, Bajaj Finance, ICICI Bank and M&M Financial Services

Brokerage firm UBS initiated coverage on HAL with a buy rating, and CLSA is positive on financial stocks like Bajaj Finance, ICICI Bank and Mahindra Financials. Motilal Oswal has a buy rating on IIFL Finance. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS on HAL: Buy| … Read more

Bajaj Finance and start-up Fixed Invest tie-up for digital FDs

Bajaj Finance and start-up Fixed Invest tie-up for digital FDs

Fintech start-up Fixed Invest, which launched its fixed deposit (FD) marketplace recently, has partnered with Bajaj Finance to offer its customers and partners digital FDs. With this tie-up, investors on the Fixed platform can not only avail of and invest in all FD options by Bajaj Finance but can also explore, learn, invest, and manage … Read more