Upgrades

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.
Paytm Jumps Over 3% After Citi Upgrades Stock To 'Buy', Sees 21% Upside
|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.
Bharti Airtel Gets Massive Upgrade As HSBC Sees 13.6% Upside Ahead
|HSBC's upgrade factors in its confidence in Bharti Airtel's future growth, particularly in its mobile and home broadband segments.
Tata Steel, JSW Steel, Jindal Steel And Power Trade In Green As Brokerages Turn Bullish On Metals
|Brokerages are bullish on steel stocks due to strong domestic demand and Chinese stimulus.
Tata Power Hits All-Time High As Brokerage Upgrades Rating, Raises Target By 74%
|Tata Power's share price jumped up on Friday morning hitting a new all-time high of ₹485.90.
Paytm Shares Upbeat As Brokerage Raises Target Price By 100%
|Paytm's share price was upbeat on Tuesday morning as Emkay Global upgraded its rating for the payments giant to "add" from "reduce" increasing the target price to ₹750 from ₹375.
Why Macquarie Sees Upside For Tata Steel, JSW Steel, Hindalco, Other Metal Stocks
|Macquarie said steel companies are well-positioned to benefit from domestic price premiums and steady leverage, along with reduced input costs. The brokerage also noted that commodity prices could face upside risks in the next six to 12 months, potentially benefitting these firms further.
Tata Motors Shares Rebound After 3 Days As Brokerage Upgrades To 'Buy'
|Tata Motors' share price jumped back in the green on Thursday after the company received an upgrade from a brokerage firm.
Indraprastha Gas, Mahanagar Gas Fly Up To 4% Higher As UBS Hikes Target Price
|Brokerage firm UBS gave bullish outlook on Indraprastha Gas & Mahanagar Gas stocks due to inorganic growth prospects & infrastructure expansion.
IEX Shares Gain After Antique Raises Target Price, Sees Market Coupling Risk Fading
|IEX shares rose on bullish call and raised target price by 23% due to volume growth. Market coupling risk may decrease in future, the brokerage argues.
Morgan Stanley Believes There Is Steam Left In IT Rally: Infosys, TCS Key Picks
|Morgan Stanley believes IT stocks like Infosys and TCS are still good investments, while HCLTech got downgraded. Most IT stocks were down on Friday.
Zomato Shares Race Over 7% After JP Morgan Raises Target By 63%
|Zomato stock jumped 7% after JP Morgan raised target price to ₹340. Company's retail transformation and ambitious plans was praised by brokerage.
Bharti Airtel Rises To All-Time High As Bernstein Hikes Target Price, Supreme Court Hears AGR Petition
|The petitions asked the court to reconsider its 2019 judgement which was made in favour of Department of Telecommunication's (DoT) asking for AGR and other non-revenue related dues. Telecoms argued that the DoT made an error while calculating the AGR dues and imposed arbitrary penalty amounts.
TVS Motor Up 4% After JP Morgan Upgrades To 'Overweight', New Jupiter Scooter Launch
|TVS Motor stock up 3% after JP Morgan upgrades to overweight, launches new Jupiter scooter with better fuel efficiency.
Zomato Shares In The Black On Acquisition Of Paytm's Entertainment Ticketing Business
|Zomato is set to acquire Paytm's entertainment ticketing business for ₹2,048 crore, which is expected to boost growth and margins.
Zomato Up 3% After UBS Hikes Target Price To Reflect 19% Upside
|Zomato stock up 3% after UBS raises target price, citing strong Q1 performance with higher quick commerce GMV and food delivery growth.
Why Brokerages Are Bullish On BDL Even As Shares Tank 20% After Disappointing Q1 Print
|Shares of Bharat Dynamics were tanking at the bourses on Monday after the company's June quarter results disappointed investors. The stock slumped around 20% to hit an intraday low of ₹1,222.35.
Moody's Elevates Tata Motors' Rating, Citing Consistent Growth And Debt Reduction, JLR's Rating Also Upgraded
|Moody's Ratings has given a boost to the corporate family rating (CFR) of Tata Motors, elevating it from Ba3 to Ba1.
ONGC Surges 7% As Brokerage Cheers Increased Production Guidance
|ONGC shares surged 7% on Wednesday after positive calls from brokerages on increasing production guidance.
Zomato Shares Reach New Heights As Profit Mushrooms 126 Times, Analysts Upbeat On Healthy Outlook
|Quick-commerce arm Blinkit's revenue shot up to ₹942 crore, and adjusted EBITDA for the segment was close to breakeven, with an EBITDA loss of just ₹3 crore for the quarter, narrowing from a loss of ₹37 crore in the fourth quarter.
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.
Tata Motors' Shares Upbeat After Nomura Upgrades Stock To 'Buy'
|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.
ITC Shares Hit All-Time High — Brokerages See Rally Continuing
|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.
HDFC Bank Shares Flash Green As Analysts Cheer Better-Than-Expected Q1 Numbers
|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.
LTIMindtree Shares Shoot Up After Q1 Results Beat, Upbeat Guidance
|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.
TCS Shares Jump 3% As Earnings Beat Street Estimates, Brokerages Upbeat
| The surge today comes as the company's June quarter results beat street estimates. The Tata Group company's net profit for the June quarter was ₹12,040 crore, an increase of 8.7% from the ₹11,074 crore profit reported in the same quarter last year.
Yes Bank Shares Climb 7% As Moody's Outlook Upgrade Takes Note Of Healthy Performance
|Meanwhile, there have been reports of a large stake sale at the bank that could see a change in majority ownership, though the lender has so far denied the reports. However, its biggest shareholder, State Bank of India, has been reportedly looking to offload its entire 24% stake.
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