Hot Stocks: Brokerage view on SAIL, NHPC, Thermax and PI Industries

Hot Stocks: Brokerage view on SAIL, NHPC, Thermax and PI Industries

Brokerage firm BofA Securities maintained an underperform rating on NHPC, Morgan Stanley has an Equal Weight rating on SAIL, and Jefferies recommended a buy on Thermax and PI Industries, respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: BofA Securities on NHPC: Underperform| Target Rs 63 BofA … Read more

Oil markets brace for shipping disruption in southern Red Sea

Oil markets brace for shipping disruption in southern Red Sea

The oil market appears to be bracing for a weeks-long disruption to shipping in the southern Red Sea, where Houthi militants have for months been attacking merchant vessels in response to Israel‘s war in Gaza. Charters of tankers to haul crude and fuels – which for some vessels are arranged up to a month in … Read more

Hot Stocks: Tata Steel, SAIL, Max Healthcare and Cyient

Hot Stocks: Tata Steel, SAIL, Max Healthcare and Cyient

Brokerage firm Morgan Stanley maintained an Equal Weight rating on Tata Steel and SAIL. Motilal Oswal has a buy rating on Max Healthcare and Cyient. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Steel: Equal Weight on Tata Steel & SAIL Morgan Stanley maintained … Read more

JSPL top steel pick yet again, SAIL’s debt clouds prospects

JSPL top steel pick yet again, SAIL’s debt clouds prospects

Mumbai: Jindal Steel and Power‘s (JSPL) strong balance sheet and prospects of a further improvement in profitability have analysts vouching for it as the steel sector‘s top pick yet again. They remain wary about state-owned peer SAIL given its high debt levels. Both the steel majors announced earnings for the June quarter last week. Most … Read more

Tit-for-tat tariffs or waiver talks: Choices India have to navigate new EU regulations

Tit-for-tat tariffs or waiver talks: Choices India have to navigate new EU regulations

In April, the European Parliament adopted a unique law under which exporters of select products have to certify that their items sold in the European Union (EU) had not led to deforestation and forest degradation. Under the EU Deforestation Regulation, a slew of products, from coffee to wooden furniture, must not have come from fields … Read more

2 top stock recommendations from Aditya Arora

2 top stock recommendations from Aditya Arora

” Reliance is the heaviest weighted counter in Nifty and it has been a thing that whenever market needs a strong support when every other counter is lacking strength then Reliance comes back into action,” says Aditya Arora, Adlytick.Have we missed the big move on Reliance or it is just breaking out? Should any pullback … Read more

Jindal Steel & Power stock likely to double in 3 years: Kotak Institutional Equities

Jindal Steel & Power stock likely to double in 3 years: Kotak Institutional Equities

Mumbai: Shares of Jindal Steel and Power could double in three years helped by capacity addition and an improvement in profitability which can help the steelmaker drive sector-leading growth while its balance sheet remains robust, Kotak Institutional Equities said on Monday. The brokerage has projected the stock to touch ₹1,088 by FY27, implying a compounded … Read more

What will be the impact of new SEBI proposals on AMCs? A Balasubramanian answers

What will be the impact of new SEBI proposals on AMCs?  A Balasubramanian answers

“I would assume that the process would be I am sure many people in the industry who would benefit. The model will get to undergo a change and those representations would be received by the regulatory authorities and post that again they will go for a consultation,” says A Balasubramanian, MD & CEO, ABSL AMC. … Read more