Shares of Godrej Properties jumped 9.7% in today’s session on BSE to a new all-time high of Rs 2,816.90 after brokerages increased target prices for the stock following a 14% year-on-year (YoY) growth in its consolidated net profit at Rs 471 crore for the quarter ended March 2024. The realty player has clocked the highest … Read more
Global brokerage firm JPMorgan maintained its overweight rating on , while CLSA recommended outperform rating on , and BofA Securities maintained its neutral stance on . We have collated a list of recommendations from top global brokerage firms from ETNow: JPMorgan on RIL: Overweight| Target Rs 3,170 JPMorgan maintained its overweight rating on with a … Read more
NEW DELHI: Realty stocks were on a roll on Thursday amid reports of higher expected property registrations in September and the stamp duty cut in Karnataka. Shares zoomed as much as 17 per cent during the session. A fresh round of rate cuts on home loans by mortgage lender HDFC and top lenders like Kotak … Read more
MUMBAI: It is not often that Indian shareholders triumph over the mighty promoters. While many might see Zee Entertainment Enterprises’ announcement of a merger with Sony India as a win for the beleaguered Puneet Goenka, it is truly a victory for shareholder activism. Invesco Oppenheimer, the largest shareholder in the broadcast company, wanted Goenka, MD … Read more