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- May 16th, 2024
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Crime Today News
[ad_1] Target: â¹4,004CMP: â¹3,777.05We revise our FY25 EPS estimate down by 2.6 per cent factoring in execution of a lower than expected order book and downgrade the rating to âAccumulateâ from Buy with a revised TP of â¹4,004 (â¹3,345 earlier)...
[ad_1] Majority of domestic and global brokerages have maintained their ‘buy’ call on SBI after India’s largest PSU posted record profits.Also read:SBI posts record profit in Q4 on rise in income, leash on spendState Bank of India, after market hours...
[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...
[ad_1] Prabhudas Lilladher, one of the leading broking firms, expects the equity market to turn cautious in the run-up to the second phase of the General Election and give up some gains closer to the polling date.However, if the NDA...
[ad_1] Target: â¹500CMP: â¹468Mahindra Logistics consolidated revenue grew 4 per cent q-o-q to â¹1,450 crore (PLe: â¹1,420 crore), driven by sequential improvement in standalone 3PL (up 2 per cent q-o-q to â¹1,180 crore), freight forwarding (up 15 per cent to...
[ad_1] Brokerages turned mixed on Tata Consultancy Services (TCS) after the company reported a 9 per cent growth in net profit at ₹12,434 crore in the January-March quarter of FY24, driven by growth in domestic and UK business. Though most...
[ad_1] Target: â¹3,961CMP: â¹3,545.05We attended the InterGlobe Aviation (IndiGo) analyst meet wherein management highlighted plans to add more than one aircraft per week, increase capacity by early double digits, expand the network by launching 10 new destinations and add 5,500-6,000...
[ad_1] Target: â¹3,345CMP: â¹2,869We initiate coverage on BEML with a âBuyâ rating at a target price of â¹3,345, valuing it at a P/E of 26x FY26E. BEML is in a sweet spot to capitalise on âMake-in-Indiaâ and the countryâs flourishing...
[ad_1] Target: â¹610CMP: â¹493.75We initiate coverage on Nippon Life Asset Management Co (NAM India) with âBUYâ rating given: consistent equity outperformance translating to improved net flows and in-turn market share gains; focus on stronger investment process and risk management; and...
[ad_1] Target: â¹610CMP: â¹492.10We initiate coverage on Nippon Life India Asset Management with âBuyâ rating given consistent equity outperformance translating to improved net flows and in-turn market share gains; focus on stronger investment process and risk management; and robust retail...
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