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UBS Upgrade Keeps Ashok Leyland In The Black Despite Smaller Q1 Profit
Ashok Leyland shares rose 6% despite 6% profit dip in June quarter. UBS upgraded stock to buy with target price of ₹280 due to strong demand and better valuations.
Tech Mahindra Shares Deep In Red As Brokerages Wait For Turnaround After Worse-Than-Expected Q1 Results
Tata Power Shares Jump 3% After Brokerage Initiates Coverage With 'Buy' Rating
UBS Upgrade Keeps Ashok Leyland In The Black Despite Smaller Q1 Profit
Tech Mahindra Shares Deep In Red As Brokerages Wait For Turnaround After Worse-Than-Expected Q1 Results
Tata Power Shares Jump 3% After Brokerage Initiates Coverage With 'Buy' Rating
SBI Life Shares Skyrocket On Brokerages' Bullish Sentiment After Upbeat Q1 Earnings
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SBI Life reported a 36% year-on-year jump in its net profit to ₹519.5 crore.
IEX Shares Jump After Q1 Results, Brokerage Maintains 'Buy'
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IEX's share price was upbeat on Thursday morning going up close to 2% to hit an intraday high of ₹176.35.
Brokerages Turn Cautious On Suzlon Despite Strong Showing In June Quarter
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Suzlon shares surged after strong results, but Nuvama and ICICI Securities downgraded stock. Q1 showed 200% profit jump, high order inflow and margin.
L&T Shares Zoom As Most Brokerages Remain Bullish After Q1 Print
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The infrastructure giant's net profit for the June quarter was ₹2,786 crore, marking a 12% increase from ₹2,493 crore in the same quarter last year.
Tata Motors' Shares Upbeat After Nomura Upgrades Stock To 'Buy'
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Nomura upgraded Tata Motors to buy from neutral, raising the target price to ₹1,294 from ₹1,141. The firm believes that Jaguar Land Rover's (JLR) execution can lead to significant upsides for the company.
Axis Bank Shares Plunge As Brokerages Cut Target Price After Q1 Results Missed Expectations
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Axis Bank shares fell 4.35% after disappointing Q1 results led to target price cuts by brokerages. Net profit rose 4.1% but missed estimates.
Budget Boost Not Enough: Kotak Remains Cautious On Titan
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The penetration of lab-grown diamonds (LGD) would directly or indirectly hit Tanishq's growth and profitability, Kotak Institutional Equities noted.
ITC Shares Hit All-Time High — Brokerages See Rally Continuing
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ITC's share price rocketed on Wednesday morning breaching the ₹500 mark for the first time. The stock went up over 3.5% to hit an intraday high of ₹510.65.
Why Brokerages Are Bullish On HUL Even Though Shares Slump 3% After Q1 Print
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HUL shares opened in red despite brokerages maintaining positive stance on HUL after in-line earnings.
Bajaj Finance Shares In Red After Q1, But Brokerages Remain Bullish
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Bajaj Finance's share price was down in the red on Wednesday morning after the company posted lukewarm earnings for the quarter ended June.
Suzlon Shares Rocket To Record High As Earnings Beat Estimates
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Suzlon's share price rocketed on Tuesday morning going up around 5% to hit a new 52-week high of ₹57.83.
Why Analyst Sees 39% Downside In This Small Cap Tata Stock
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Rallis India's share price was upbeat on Monday going up over 2% to hit an intraday high of ₹334.35.
Why This Tata Group Company Shares Are Rising Despite Soft Q1 Performance
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Indian Hotels' Q1 net profit rose 11.66%, revenue grew 5.71%, and EBITDA jumped 8%. Brokerages maintained positive outlook on favourable demand outlook.
Yes Bank Shares Jump 3% After Q1, But Brokerage Remains Bearish
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Yes Bank's share price was upbeat on Monday morning after the company's results beat street expectations. The stock went up around 3% to hit an intraday high of ₹25.99.
Wipro Shares Plummet 8% As Q1 Result Disappoints: Here's What Brokerages Want You To Do
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Wipro's share price tanked over 8% to hit an intraday low of ₹514 after the company's June quarter earnings failed to meet street estimates.
HDFC Bank Shares Flash Green As Analysts Cheer Better-Than-Expected Q1 Numbers
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The bank's net interest margin (NIM) fell to 3.47% from 4.1% in the previous year due to higher funding costs. On a sequential basis, it expanded 3 basis points.
Reliance Shares Tank 3% After Muted Q1, But Brokerages Remain Bullish
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Reliance's share price was down in the red on Monday morning after the company's earnings seemingly failed to impress investors.
Tata Technologies Shares In Red After Soft Q1, But These 2 Brokerages Are Bullish
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Tata Technologies' Q1 result missed expectations but brokerages see potential due to growth in operational revenue and opportunities in automotive engineering and R&D.
JSW Infrastructure Shares Plunge After Weak Earnings, Brokerages Divided
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JSW Infra's share price was tanking on Friday after the company's June quarter results disappointed the streets.
Antique Bullish On Defence Companies Like HAL, BDL And BEL After Defence Ministry's 5th Positive Indigenisation List Release
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Antique Stock Broking maintains bullish stance on defence stocks like Hindustan Aeronautics, Bharat Dynamics, Bharat Electronics, and Bharat Earth Movers after positive PIL from Defence Ministry.
ONGC Shares In Red Today, But Brokerage Raises Target Price By 18%
Infosys Shares Soar To New All-Time High As Q1 Print Impresses Brokerages, Investors
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Infosys' share price shot up sharply on Friday morning as the company's strong results impressed the street.
Tata Technology Shares Under Pressure As Brokerages Cut Target Price After Q1 Results Miss Estimates
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Goldman Sachs cut Tata Technologies' target price to ₹950 after Q1 results showed a decline in net profit and revenue.
Asian Paints Shares In Red As Q1 Print Disappoints, Brokerages Cut Price Targets
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Asian Paints's share price was under pressure on Thursday after the company's June quarter results failed to meet expectations.
LTIMindtree Shares Shoot Up After Q1 Results Beat, Upbeat Guidance
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LTIMindtree's Q1 results beat expectations, with revenue up 5.06% and net profit down 1.49%. Brokerages maintain buy with target price of ₹7,000.
Brokerage Upgrades Target On BHEL, But Still Sees 70% Downside
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Analysts at Kotak Securities raised their price target on BHEL but maintained its "sell" rating for the PSU.
Eicher Motors Shares In Red As Brokerages Mixed On Launch of New Royal Enfield Model
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Brokerages had mixed reactions to Eicher Motors' announcement of new Royal Enfield Guerrilla 450 model launch. CLSA and Nomura maintained underperform and reduce calls, while Citi and Goldman Sachs maintained buy calls.