While Nifty ended with modest weak-on-weak gains of 0.4%, the truncated trading week was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 40,543 crore on screen, which included both buying and selling. In the largecap segment, 15 companies witnessed significant block deals … Read more
Indian headline indices ended in the red on Saturday conceding their morning gains amid selling pressure in FMCG, IT and pharma sectors despite a good show by banks. The S&P BSE Sensex declined nearly 260 points while the Nifty50 closed below 21,600 level. Stocks that were in focus include names like Bharti Airtel rose more … Read more
Brokerage firm Citigroup maintained a buy on IGL, CLSA maintained a buy rating on Titan Company, Axis Capital initiated coverage on Rallis India to reduce and Jefferies maintained a buy rating on IndusInd Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on IGL: Buy| Target … Read more
Bolstered by better-than-estimated September quarter earnings last week, shares of Titan Company found a favourable review from a clutch of top brokerages. While CLSA upgraded the stock to buy and revised its price targets upwards on the company’s knack for finding buyers with spending ability, HSBC reinforced its stance on strong Q2 earnings. Among domestic … Read more
Ace investor Rekha Jhunjhunwala has raised her stakes in smallcap stock D B Realty by 57 basis points to 1.99% in the quarter ended September 30. She has also increased her equity in Fortis Healthcare while slashing it in Federal Bank. Jhunjhunwala held 1.42% in D B Realty at the end of the June quarter. … Read more
A host of important triggers are likely to have an impact on Titan Company, FSN E-Commerce Ventures, Dabur India and Gravita India. After Q2 updates, Morgan Stanley took an Equal Weight stance on Titan while Nomura maintained a neutral view on the Lifestyle-focused consumer technologies platforms FSN which operates Nykaa. Macquarie has a ‘Neutral’ stance … Read more
The Indian stock market closed in the green on Wednesday tracking positive global cues. The S&P BSE Sensex rallied over 200 points to close in the green for the 9th consecutive day while the Nifty50 make a record closing above 20,000. Sectorally, buying was seen in telecom, public sector, consumer durables and energy stocks while … Read more
Larsen & Toubro Share Price 2983.70 09:23 AM | 12 Sep 2023 89.50(3.09%) JSW Steel Share Price 839.00 09:23 AM | 12 Sep 2023 14.50(1.76%) ICICI Bank Share Price 992.95 09:23 AM | 12 Sep 2023 14.70(1.50%) Dr Reddys Laboratories Share Price 5670.00 09:22 AM | 12 Sep 2023 56.20(1.00%) Divis Laboratories Share Price 3773.00 … Read more
Shares of Titan Company fell 3% to the day’s low of Rs 2,886 on the NSE in Thursday’s early trade after the jewellery maker reported a 2% year-on-year (YoY) decline in the June quarter net profit on Wednesday. Tata Group‘s fashion and lifestyle products retailer Titan reported its standalone profit after tax at Rs 777 … Read more
Brokerage firm Morgan Stanley maintained an equal-weight rating on M&M Finance, Macquarie had an outperform rating on Mankind Pharma, Jefferies retained an underperform rating on HPCL, Morgan Stanley had a buy call on Indigo and HSBC maintained a buy on Titan Company.We have collated a list of recommendations from top brokerage firms from ETNow and … Read more