buy rating

Buy, Sell or Hold: Nuvama initiates coverage on Eureka Forbes; Religare Broking positive on REC

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Buy, Sell or Hold: Nuvama initiates coverage on Eureka Forbes; Religare Broking positive on REC

Brokerages remain optimistic on select mid-to-large cap names, highlighting strong structural drivers and attractive valuations. Nuvama has initiated coverage on Eureka Forbes, Religare Broking has turned positive on REC Ltd, while Motilal Oswal reiterated its bullish stance on Biocon. The common thread across these calls is robust earnings visibility, leadership in core segments, and growth … Read more

Kalyan Jewellers shares may rally up to Rs 700, JM Financial says as it begins coverage with buy call

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Kalyan Jewellers shares may rally up to Rs 700, JM Financial says as it begins coverage with buy call

JM Financial has initiated coverage on Kalyan Jewellers with a ‘buy’ rating and a target price of Rs 700 per share, citing the company’s strong store expansion strategy, improving financial metrics and favourable structural tailwinds in India’s jewellery industry. The target implies a potential upside of 19.4% from Monday’s closing price. The brokerage values Kalyan … Read more

Marico shares surge 9% after reporting 20% YoY jump in Q2 PAT. What analysts say?

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Marico shares surge 9% after reporting 20% YoY jump in Q2 PAT. What analysts say?

Shares of FMCG company Marico shot up 9.3% to an intraday high of Rs 687.30 on the BSE after the company on Tuesday reported a 20% in consolidated net profit to Rs 433 crore for the September quarter. It had posted a net profit of Rs 360 crore in the July-September quarter a year ago. … Read more

Coforge shares jump 14% in 2 days to hit new 52-week high post Q2 results. Should you buy, sell or hold?

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Coforge shares jump 14% in 2 days to hit new 52-week high post Q2 results. Should you buy, sell or hold?

Coforge shares surged 14% over the last two trading sessions, reaching a new 52-week high of Rs 7,755 during Thursday’s trading on the BSE. This increase follows the company’s announcement of a profit after tax of Rs 233.6 crore for the second quarter of FY25, marking a 24.3% year-on-year rise compared to the same quarter … Read more

Analysts’ most-loved stocks can return up to 50% in a year

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Analysts’ most-loved stocks can return up to 50% in a year

Mumbai: The recent decline in equities triggered by the crisis in the US banking industry has investors scouring the stock market for potential winners. Though share valuations in India remain expensive despite the recent correction, analysts said there is a growing demand for companies that could withstand the ongoing uncertainty and grow faster when the … Read more