Motilal Oswal Securities has reaffirmed optimism on India’s consumer sector after a steady first quarter. Its top bets are Hindustan Unilever, Godrej Consumer, Marico, Page Industries, Titan, P N Gadgil, and Restaurant Brands Asia. Agencies The brokerage expects a broad-based recovery in FY26, driven by easing inflation, potential rate cuts, tax benefits, and a strong … Read more
Mumbai: Bernstein initiated coverage on housing finance companies in the affordable segment and assigned an ‘Outperform’ ratings to HomeFirst Finance, Aptus, and Aadhar; and ‘Market-Perform’ ratings to Aavas and PNB Housing Finance. The brokerage said around 60% of the labour force has access to credit and mortgages are likely to drive the next leg of … Read more
A significant volume of pre-IPO shareholder lock-ins worth $ 1,860 million is set to expire in July 2025, potentially reshaping the shareholding structure of several recently listed companies. According to a report by domestic brokerage Nuvama Institutional Equities, the lock-in expiries next month span across multiple companies and include both promoter and non-promoter holdings. The … Read more
Jefferies said its top stock picks among engineering and construction companies are Hindustan Aeronautics, Siemens, Larsen & Toubro and KEI Industries. The brokerage said the order flow of companies in these segments rose by 28% in FY25, led by HAL and Siemens. Agencies “Operating leverage was seen for most companies led by defence stocks, which … Read more
Bajaj Broking advises only well-informed, surplus fund investors to consider Ather’s IPO with a long-term horizon. Despite financial losses and high debt, it sees potential in the company’s future scale-up plans and strong backers. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the … Read more
Is the ‘gap-down’ opening in the Sensex and Nifty on December 19 signalling a rebound in the market? The indices opened gap down 1.3% on Thursday after the US Fed tempered the market’s expectations of interest rate cuts. A gap-down happens when a stock opens at a much lower price than where it closed the … Read more
Shares of Larsen & Toubro (L&T) today surged 2% to the day’s high of Rs 3,555 on BSE after the global brokerage firm JP Morgan initiated coverage on the stock with an ‘overweight’ rating and a target price of Rs 4,360, an upside potential of 25%. The global brokerage firm believes that the stock seems … Read more
Indian Railway Finance Corporation Share Price 169.85 04:03 PM | 6 Sep 2024 -3.63(-2.1%) One97 Communications Share Price 603.8 04:03 PM | 6 Sep 2024 -22.75(-3.64%) YES Bank Share Price 23.14 04:03 PM | 6 Sep 2024 -0.25(-1.07%) ITC Share Price 501.7 04:03 PM | 6 Sep 2024 -9.5(-1.86%) HDFC Bank Share Price 1636.95 04:03 … Read more
Investments yielding returns over an extended period, specifically a minimum of one to three years, are categorised as long-term capital gains (LTCG). This classification encompasses returns from various investment vehicles such as real estate, stocks, mutual funds and zero-coupon government bonds. Senior citizens intending to liquidate assets such as real estate, stocks, mutual funds, bonds, … Read more
Shares of Eicher Motors jumped 2.6% to the day’s high of Rs 3,675 on the NSE on Monday despite a weak start to the week from the domestic stock markets. The gains were on strong September quarter earnings and favourable view by top brokerages. Among them were Jefferies CLSA and Nuvama which held on to … Read more