Daily Headlinez Top News Updates
Motilal Oswal Securities has initiated its coverage of Jio Financial Services with a buy recommendation and a target price of Rs 320. Analysts said the company is architecting India’s next-gen financial services platform, leveraging ecosystem synergies, data, distribution and discipline for scalable finance. While near-term profitability remains subdued due to the incubation phase of multiple…
Morgan Stanley maintained an overweight rating on Reliance Industries with a target price of Rs 1,803. Analysts said tight global markets are keeping refining margins higher. The company can process heavy and sour crude which is supportive for the stock. The company also has a diversified crude sourcing process among global refiners which also supports…
Jefferies has a buy on Shriram Finance with the target price at Rs 1,220. Analysts said interaction with the management suggests commercial vehicle (CV) demand (including the used ones) stays healthy. The company reiterated 18-20% assets under management (AUM) growth guidance for FY27-28. Cos of finance can fall 80 basis points (bps) and lift spreads…
Representative image (AI) Yes Securities has a buy recommendation on Amber Enterprises with the target price at Rs 8,962. Analysts said Amber Ent has started to witness strong traction as it has significantly increased its capabilities and is now focusing on value addition that will drive growth and margins. Railways business revenue is expected to…
Kotak Institutional Equities has a reduce rating on Kaynes Technology with the target price at Rs 6,180. Analysts said the company’s management was confident of achieving its revenue guidance of Rs 4,500 crore despite a weak Apr-Sept half year (H1FY26) on the back of a strong order book. The company also believes that ongoing working…
Morgan Stanley initiated its coverage on LG Electronics with an overweight rating and a target price of Rs 1,864. Analysts said the company stands out across many categories in a highly competitive consumer durables market with industry-leading margins and best-in-class capital efficiencies. They expect revenues and margins to be driven by its new capacity, and…
CLSA has an underperform rating on Jubilant Foodworks with the target price at Rs 477. Analysts said the company missed its sales estimates, which was known. Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin was below consensus but slightly improved sequentially, while gross margin improved slightly as it raised prices and packaging charges….
Jefferies has a buy rating on Asian Paints with the target price raised to Rs 3,300. Analysts said the domestic volume growth of Damp Defence (a waterproofing solution) along with share gains were key highlights from the company’s July-Sept quarterly (Q2FY26) numbers, led by investments in brands, innovation, and regional activations. Interestingly, this was coupled…
Goldman Sachs upgraded Maruti Suzuki to buy with the target price raised to Rs 18,900. Analysts said the stock price upgrade was to factor in a potential pickup in market for entry level cars post GST cuts and price changes, resumption of new model launches after a gap of 2.5 years with Victoris SUV and…
Nuvama initiated coverage on Neuland Laboratories with the target price at Rs 17,700. Analysts said peptides are expected to drive growth post-FY28, while the company’s Unit III expansion is the key lever till that year. Its pipeline of drugs, peptide facility to support growth beyond FY28, and a pick-up in growth is expected from Oct-Mar…
