Brokerage Citigroup maintained a buy rating on Adani Ports, CLSA maintained a buy rating on D-Mart, Macquarie initiated coverage on AB Capital and Jefferies has a buy rating on BEL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Defence: BEL, HAL, Data Patterns Jefferies maintained … Read more
Brokerage firm Jefferies maintained a buy rating on HDFC Bank post-Q2 results while Axis Capital initiated coverage on Deepak Nitrite with a buy rating. Kotak Institutional Equities maintained a buy rating on Federal Bank and Jefferies recommended a buy on Dalmia Bharat. We have collated a list of recommendations from top brokerage firms from ETNow … Read more
Also, Macquarie maintained a neutral stance on HDFC Life and Goldman Sachs recommended a buy on Paytm. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Avenue Supermarts (D-Mart): Hold| Target Rs 3850 Jefferies maintained a hold rating on Avenue Supermarts (D-Mart) but raised the target … Read more
Radhakishan Damani-owned ’ revenue growth slowed down on a sequential basis in the quarter ended December, even though the company posted a double-digit rise in the topline. The company, which operates D-Mart chain of supermarkets, saw revenue rising 25% year on year (YoY) in the period of October-December to Rs 11,305 crore, according to the … Read more
Global brokerage Morgan Stanley maintained its overweight rating on , JPMorgan remained underweight on D-Mart and , BofA Securities maintained its buy rating on and Citigroup maintained sell call on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on ICICI Prudential: Overweight | Target … Read more
Recovery in the second half of 4QFY22 offset the impact of the Omicron Covid wave. While the business was impacted for 35-40 days in 4QFY22, a quick recovery was seen in the latter part of the quarter. Sales in January 2022 and in mid-February 2022 were affected by the onset of the Omicron Covid wave. … Read more
NEW DELHI: Radhakishan Damani owned , which operates D-Mart store in the Western India, is set to report up to 5-fold increase quarter-on-quarter in profits, albeit on a low base, when it published its results on Saturday. Analysts tracking the company said it will report 48-52 per cent sequential and 45-47 per cent annual growth … Read more