Marico shares surge 10% on Q4 results; brokerages turn upbeat

[ad_1] Shares of Marico Ltd zoomed 10 per cent on Tuesday after the company reported a 4.9 per cent rise in consolidated net profit in quarter that ended March 2024. A few brokerages even upgraded the FMCG company post-results and hiked price targets.The stock ended at ₹582.10...

Havells gathers speed to hit all-time high; analysts divided over its prospects

[ad_1] Shares of Havells India Ltd surged on Thursday after the company reported its Q4 financial results. The stock has hit a fresh high at ₹1,706.85 and traded at ₹1,669.20 on the NSE, up 0.31 per cent as of 1.03 pm. . The brokerages’...

CLSA warns Vodafone Idea share price could drop to ₹5

[ad_1] Even as Vodafone Idea (Vi) is looking to do a follow-on public offer to raise ₹20,000 crore, analysts at CLSA warned that shares of the cash-strapped telecom operator could drop as much as 61 per cent to ₹5, if...

Vedanta hits 52-week high on positive outlook

[ad_1] Anil Agarwal-led Vedanta hit a fresh 52-week high of ₹370 on the back of positive sentiment from analysts and market participants, ahead of their Q4 FY24 results. Shares of the company closed with a gain of 7 per cent...

Vedanta surges to near two-year high on CLSA upgrade

[ad_1] Vedanta Ltd's shares rose as much as 7.7 per cent on Wednesday to their highest in nearly two years after CLSA upgraded the stock by two notches to "buy" from "underperform," expecting the miner to benefit from an ongoing...

IT sector 2024 growth outlook “weak at best” CLSA downgrades TCS and HCL to “sell”

[ad_1] The 2024 growth outlook for the IT sector remains weak at best, even as it has not reflected in valuations since November 2023, as Nifty IT is up 23 per cent and outperforming Nifty by 10 percentage points, according...