Hot Stocks: Brokerage view on Page Industries, Zomato, Lupin and ITC

Hot Stocks: Brokerage view on Page Industries, Zomato, Lupin and ITC

Brokerage firm Jefferies downgraded ITC to hold and upgraded Lupin post Q3 results. Macquarie maintained an underperform rating on Zomato and an overweight rating on Page Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on ITC: Hold| Target Rs 420Jefferies downgraded ITC to hold from … Read more

Rs 62,000-crore bet! D-Street’s retail bulls bet big bucks on these top 10 stocks in Q2

Rs 62,000-crore bet! D-Street’s retail bulls bet big bucks on these top 10 stocks in Q2

While Dalal Street saw foreign investors taking the slow lane towards the end of the September quarter, retail investors bet big bucks during the same period, showing their underlying faith in the domestic market. The shareholding data of retail investors showed that in value terms, the stocks bought by them outnumbered those sold. In 10 … Read more

4 largecap stocks to buy with an upside potential of up to 30% – Promising Plays

4 largecap stocks to buy with an upside potential of up to 30% – Promising Plays

Bajaj Finance. Share Price 7967.60 03:59 PM | 03 Oct 2023 156.86(2.00%) Larsen & Toubro. Share Price 3073.25 03:59 PM | 03 Oct 2023 49.70(1.64%) Titan Company. Share Price 3196.25 03:59 PM | 03 Oct 2023 47.45(1.50%) Bajaj Finserv. Share Price 1561.05 03:59 PM | 03 Oct 2023 20.80(1.35%) Adani Ports & Special Economic Zone. … Read more

NSE Indices changes criteria to calculate price-to-book value for indices

NSE Indices changes criteria to calculate price-to-book value for indices

The price-to-book value (P/B) for indices on the National Stock Exchange will be calculated based on the networth of each index constituent at the consolidated level in the annual financials, NSE Indices, a subsidiary of the exchange, said in a release on Thursday. Currently, the P/B for indices are calculated by taking into consideration the … Read more

Adani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed?

Adani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed?

Adani Enterprises was the best performer on the Nifty50 in the week ended Friday, May 26 gaining over 30% during the five trading sessions. It was on the back of 61 block deals which fetched Rs 1,021 crore for the Ahmedabad-based company which has business interests in mining, solar manufacturing and water management among others. … Read more

Page Industries shares tank 15% on disappointing Q4 earnings. What should you do now?

Page Industries shares tank 15% on disappointing Q4 earnings. What should you do now?

After Page Industries reported a 59% year-on-year (YoY) fall in net profit for the quarter ended March 31, 2023, the stock tumbled 15% in Friday’s early trade. Brokerages remain split on the stock outlook as Morgan Stanley has an ‘Overweight’ stance on the counter while Nuvama recommends ‘Reduce’. Kotak on the other hand has a … Read more

Nifty may trade in 17,777-18,250 range: Analysts

Nifty may trade in 17,777-18,250 range: Analysts

Indian equities might advance on Monday, snapping their three-day losing run, after the US markets rallied on Friday, cheering the lower than-expected jobs data in December and the contraction of the country’s services industry activity during the month. Analysts, however, do not expect a rally to sustain for long as traders will be tempted to … Read more

AMFI stock category rejig: Paytm, Bandhan Bank can get downgraded to midcap

AMFI stock category rejig: Paytm, Bandhan Bank can get downgraded to midcap

In its upcoming semi-annual list of stocks, Association of Mutual Funds in India (AMFI) is highly likely to downgrade and One 97 Communication ( Paytm) from largecap to midcap category, according to a report by . The AMFI rejig will majorly be classified by size, taking into account data from July to December 2022. This … Read more