Q2 results this week: Airtel, Adani Enterprises, Zomato, Tata Motors, L&T, Titan, IndiGo and others

Q2 results this week: Airtel, Adani Enterprises, Zomato, Tata Motors, L&T, Titan, IndiGo and others

The second quarter results, even though a bit mixed, were largely in line with the expectations so far. While the IT companies’ revenue forecasts were muted, private lenders reported good margins and improved asset quality. In the upcoming week, a slew of Nifty companies and some Adani group firms will announce their earnings. Here’s a … Read more

Hot Stocks: Brokerages view on TCS, Tata Steel, Zomato and BPCL

Hot Stocks: Brokerages view on TCS, Tata Steel, Zomato and BPCL

Brokerage firm InCred maintained a hold rating on TCS while Morgan Stanley had an equal-weight rating on Tata Steel. Also, ICICI Securities maintained a buy on Zomato and Citi maintained a buy rating on BPCL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: InCred on TCS: Hold| … Read more

Hot Stocks: Brokerage view on Zomato, Star Health, Zydus Life and NYKAA

Hot Stocks: Brokerage view on Zomato, Star Health, Zydus Life and NYKAA

Brokerage firm Morgan Stanley maintained an overweight rating on Zomato while CLSA maintained a buy on Star Health. Also, Jefferies recommended a hold on Zydus Life and Morgan Stanley remained overweight on NYKAA. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Zomato: Overweight| Target … Read more

4 stocks to give 17 %-33% as per analysts’ price targets

4 stocks to give 17 %-33% as per analysts’ price targets

ET looks at some of the latest stock recommendations by analysts. These stocks are expected to return between 17 % and 33% as per analysts’ price targets. Mahindra & Mahindra BROKERAGE: HSBC SECURITIES Price Target: Rs 1800 CMP: Rs 1,536.6 | Upside: 17.1% Tractor demand resilient despite lower than normal monsoon this year Likely weak … Read more

Nomura, Goldman Sachs buy Zomato shares as SoftBank sells 1.17% in Rs 947 crore deal

Nomura, Goldman Sachs buy Zomato shares as SoftBank sells 1.17% in Rs 947 crore deal

SoftBank sold a partial stake in food delivery platform Zomato through bulk deals on Wednesday. The transaction was done at Rs 94.7 apiece, taking the deal value to Rs 947 crore. According to exchange data, SoftBank Vision Fund has offloaded 10 crore shares or 1.17% stake in the company as the lock-in for the post-Blinkit … Read more

Tiger Global sells entire stake in Zomato for Rs 1,123 crore via bulk deal

Tiger Global sells entire stake in Zomato for Rs 1,123 crore via bulk deal

Tiger Global, through its affiliate Internet Fund III Pte, has exited food delivery platform Zomato by selling its entire stake via bulk deals on Monday. Under the transaction, the US hedge fund has offloaded 12.3 crore shares or 1.47% stake in the company on BSE at Rs 91.01 apiece, earning about Rs 1,123 crore. Marquee … Read more

Stocks to buy today: Paytm, Zomato among top 9 trading ideas by experts for 24 August 2023

Stocks to buy today: Paytm, Zomato among top 9 trading ideas by experts for 24 August 2023

Indian market is expected to open higher on Thursday tracking positive global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 closed above 19400 levels in the previous trading session. India VIX was down by 0.17% from 11.75 to 11.73 levels on Wednesday. Volatility cooled off during the day and comforted … Read more

Sanjiv Bhasin on 4 largecaps to buy now; 3 new age stocks that may double in a year

Sanjiv Bhasin on 4 largecaps to buy now; 3 new age stocks that may double in a year

Sanjiv Bhasin, Director, IIFL Securities, says “in largecaps, this is a brilliant opportunity for Maruti, Lupin, Apollo Hospital and last but not least, Gujarat Gas. The largest city gas distribution and gas prices globally have fallen. Their margins will only rise and volumes will pick up. At Rs 458-460, I think this stock is headed … Read more

Hot Stocks: Brokerages on Godrej Consumer, Zomato, Ramco Cement, Britannia and Torrent Pharma

Hot Stocks: Brokerages on Godrej Consumer, Zomato, Ramco Cement, Britannia and Torrent Pharma

Brokerage firm JPMorgan maintained an overweight rating on Godrej Consumer, Morgan Stanley has an overweight rating on Zomato and an overweight rating on Britannia. Macquarie, meanwhile, maintained a neutral rating on Ramco Cement and Jefferies recommends a hold on Torrent Pharma. We have collated a list of recommendations of top brokerage firms from ETNow and … Read more

Breakout Stocks: How are Cipla, Zomato and InfoEdge looking on charts for Monday’s trade?

Breakout Stocks: How are Cipla, Zomato and InfoEdge looking on charts for Monday’s trade?

Indian market bounced back after falling for 3 consecutive days on Friday. The S&P BSE Sensex rose nearly 500 points while the Nifty50 managed to close above 19500 levels. Sectorally, buying was seen in IT, telecom, energy and realty stocks while some selling was seen in public sector, auto, power and utilities. Stocks that were … Read more