Big movers on D-Street: What should investors do with JM Financial, Samvardhana Motherson and L&T Finance?

Big movers on D-Street: What should investors do with JM Financial, Samvardhana Motherson and L&T Finance?

Benchmark indices settled at fresh record high levels in a volatile trade on Wednesday. The 30-share Sensex jumped 408 points to settle at a new record high of 74,085 and the broader Nifty climbed 117 points to close at a lifetime high of 22,474. Stocks that were in focus included names like JM Financial, which … Read more

Hot Stocks: Brokerage view on PNB, L&T Finance, Marico and Indian Hotels

Hot Stocks: Brokerage view on PNB, L&T Finance, Marico and Indian Hotels

Brokerage firm Morgan Stanley maintained an underweight rating on PNB as well as on L&T Finance. Macquarie recommends an outperform rating on Marico and Emkay initiated coverage on Indian Hotels with a buy rating. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on PNB: Underweight| … Read more

Why L&T Finance has failed to replicate the success of LTTS and LTI

Why L&T Finance has failed to replicate the success of LTTS and LTI

Infrastructure behemoth Larsen & Toubro has a slew of publicly traded companies under its brand name, such as L&T Technology Services (LTTS), L&T Infotech (LTI) and L&T Finance Holdings (LTFH). All the subsidiaries have a sterling reputation in the sectors they operate in. A look at the Q4 FY22 revenue breakup of the infra giant … Read more