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Mahindra & Mahindra Jumps 4% On Kotak's Upgrade To 'Buy' Following October Sales Data
In the utility vehicles segment, Mahindra sold 54,504 vehicles in the domestic market, reflecting a growth of 25%, which was its highest ever SUV sales, the company said.
Tata Motors Shares Slump On Monday, But This Brokerage Sees 40% Upside Ahead
Why Tata Power Shares Are In The Green Even Though Q2-Print Missed Estimates
Mahindra & Mahindra Jumps 4% On Kotak's Upgrade To 'Buy' Following October Sales Data
Tata Motors Shares Slump On Monday, But This Brokerage Sees 40% Upside Ahead
Why Tata Power Shares Are In The Green Even Though Q2-Print Missed Estimates
Why Analyst Sees Suzlon Shares Slumping 27% To ₹50
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Suzlon's shares have remained under pressure for the past few weeks. The stock has gone down around 13% in the last 30 days and analysts at Ventura see further downside.
Adani Ports Q2 Results Sparks Mixed Analyst Reactions, Shares Muted
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Kotak found the firm's performance reasonable considering the temporary loss of volumes at important ports.
IndiGo Shares Crash 10% After Massive Q2 Loss, Brokerages Maintain Optimism
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The carrier faced financial strain due to increased fuel and labor costs, along with problems related to Pratt & Whitney engines, which have grounded a portion of its fleet and driven up expenses.
Why IndusInd Bank Shares Are Slumping 19% On Friday
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IndusInd Bank stock fell 19% after weak Q2 results with net profit down 40%. Brokerages downgrade with challenging outlook. Stock at ₹1027.80
ITC Jumps 3% After Strong Q2 Performance But Analysts Reactions Mixed
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The company reported strong sales performance in the second quarter; however, margins faced pressure across segments, Nomura said.
Paytm Jumps Over 3% After Citi Upgrades Stock To 'Buy', Sees 21% Upside
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The upgrade came as the brokerage sees regulatory risks related to foreign direct investment, National Payments Corporation of India (NPCI) and Paytm Payments Bank (PPBL) simmering down.
HUL Falls 5% After Q2 Results Marginally Miss Estimates, Analysts Expect Recovery
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JPMorgan sees a slowing urban demand posing challenges for the firm's near-term outlook, although pricing strategies and market shares remain strong.
Bajaj Finance Jumps Over 4% As Brokerages Praise Strong Loan Growth In Q2 Results
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Bajaj Finance Q2 results: Net profit up 12.64%, net interest income up 23%, loan losses and provisions at ₹1,909 crore, assets under management grow 29%.
Why Paytm Shares Are Upbeat Today Even After Lukewarm Q2-Print
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Paytm Q2 results: net profit of ₹930 crore boosted by ticket business sale to Zomato, revenue down 34%, NPCI approval to onboard new UPI users
Zomato Shares Plunge 4% As Q2 Profit Misses Street Estimates: Why Analysts Remain Strongly Bullish
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All the brokerages believe that the firm's plans to raise funds via a qualified institutional placement (QIP) positions it better to remain aggressive in a competitive market.
Bajaj Housing Finance Shares In Green After Strong Q2, Brokerages Mixed On Core Earnings
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Bajaj Housing Finance posted 21% rise in Q2 net profit at ₹546 crore. AUM rose 26% to ₹1.03 lakh crore. Morgan Stanley gave overweight call.
HDFC Bank Shares Fly Nearly 3% Higher As Analysts See Up To 28% Upside After Q2 Results
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However, the bank's asset quality saw a slight decline, as gross non-performing assets (NPAs) rose to 1.36%, up from 1.33% in the preceding quarter and 1.34% a year ago. Net NPAs also edged higher to 0.41%, compared with 0.39% in the previous quarter.
Zomato Shares Surge 3% As Brokerages Gave Thumbs Up To Fundraising Plans
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Zomato shares rose after four days as brokerages gave bullish outlook on planned fund raising. Board to meet Tuesday to consider QIP, results.
LTIMindtree Shares Slide As Brokerages Zero In On Weak Outlook Despite In-Line Q2 Results
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Brokerages mixed on LTIMindtree after weak commentary for Q3. Net profit up 7.7%, revenue up 5.92%. EPS estimates lowered, stock falls 3.43%.
Infosys Shares Slump 4% As Q2 Profit Misses Estimates, But Brokerages Remain Bullish
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Infosys' share price was tanking on Friday morning as the company's September quarter results failed to impress analysts and investors. The stock went down over 4% to hit an intraday low of ₹1,889.
BSE Shares Tank 5% As Brokerage Downgrades Rating
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BSE's share price was tanking on Wednesday morning extending losses to the second straight session. The stock slumped around 5% to hit an intraday low of ₹4,500.
Bharti Airtel Gets Massive Upgrade As HSBC Sees 13.6% Upside Ahead
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HSBC's upgrade factors in its confidence in Bharti Airtel's future growth, particularly in its mobile and home broadband segments.
What's Going On With HDFC Bank Share Price Today?
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HDFC Bank's share price was wobbly on Tuesday morning after it closed over 2% higher on Monday.
HCLTech Shares In Green As Q2 Results Impress Brokerages But With A Sprinkle Of Caution
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HCLTech reported Q2 results with 10.5% increase in profit and 8.2% in revenue, beating estimates. Brokerages maintain bullish calls on the stock.
Tata Motors Shares Stay Under Pressure, But This Analyst Sees 40% Upside Ahead
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Tata Motors' share price has taken a beating at the bourses during the quarter, but analysts at Sharekhan remain strongly bullish on the auto giant.
Larsen And Toubro Shares Rise After JPMorgan issues 'Overweight' Call
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JPMorgan initiates bullish call on Larsen and Toubro with 25% upside, citing attractive growth, reasonable valuation.
Why This Analyst Sees NHPC Shares Climbing Up Close To 100%
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NHPC's share price has climbed up over 37% since the start of the year, and analysts at Ventura see the trend continuing going forward.
TCS Shares Wobbly After Q2 Profit Misses Estimates: What Brokerages Are Saying
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TCS reported 5% YoY growth in net profit to ₹11,909 crore & 7.5% increase in revenue at ₹64,259 crore. Motilal Oswal gave buy call while Citi had sell call.
Oil India Shares Surge 3% After Motilal Oswal Sees 25% Upside
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Motilal Oswal bullish on Oil India, keeps buy with target price of ₹720, citing cheap valuation and production growth outlook. Stock rises 3.42%.
Why SBI Is Nomura's Top Pick In The Banking Sector
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Nomura maintains 'buy' call on SBI with target price of ₹980, citing potential for 25% upside. Bank's strong asset quality and attractive valuations make it top pick in sector.
Zomato Shares Surge 3% As Brokerages See Continued Domination Over IPO-Bound Swiggy
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Talking about its quick commerce business, the brokerage noted that Blinkit is ahead of Instamart in terms of take rates, average order value (AOV) and profitability.
Morgan Stanley Remains Bullish On Trent, Shares Surge
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Morgan Stanley maintains 'overweight' call for Trent as new businesses contribute to expanding topline. Trent's beauty segment shows potential.