“I think Escorts Kubota is a good one to look at. The company benefits from farm equipment sales that will kind of pick up because of the Kubota access to new products, it enlarges the whole canvas of products that they can offer which is quite good and lowers the cyclicality of the business,” says … Read more
Brokerage firms like Goldman Sachs have a buy rating on Power Grid and NTPC, while Macquarie has an outperform rating on BEL. UBS has downgraded Dabur to neutral from buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on Power Grid: Buy | Target price: … Read more
“And right now, in today’s trade also, I feel that going by the charts in the largecap as well as in the midcap segment in IT stocks, I feel that in the short term also we can get good momentum in the IT sector,” says Vinay Rajani, HDFC Securities.IT seems to be leading the gain … Read more
Brokerage firms such as Jefferies have a buy rating on ITC and Adani Ports, while Goldman Sachs has a sell call on Sun Pharma. Macquarie has an outperform rating on Zomato, and JP Morgan has a neutral view on Dabur. We have collated a list of recommendations from top brokerage firms from ETNow and other … Read more
The first quarter earnings season is underway and as many as 88 companies will announce their quarterly numbers on Thursday. Key results to watch out for include ITC, Sun Pharma, Tata Motors, Adani Enterprises, Adani Ports, Zomato and Dabur. Apart from the above, companies like AB Capital, Clean Science Tech, Emami, Escorts Kubota, Indegene, Le … Read more
India’s Finance Minister Nirmala Sitharaman on 23rd Jul’24 presented the Union Budget 2024-25. This was the first budget of Prime Minister Narendra Modi’s third term in the government. Overall, the broad themes from the interim Budget remained unchanged. The Union budget 2024-25 focused on infrastructure, fiscal consolidation, job creation, MSMEs, women, and agricultural support. Broadly … Read more
Domestic markets experienced one of the best weeks in 2024 with Nifty and Sensex extending closing at record highs last week. In today’s trade, shares of HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank among others will be in focus due to news developments and first quarter results. HDFC Life, Jio Financial, HDFC AMC, … Read more
Dabur India ’s consolidated revenue is expected to register mid-to-high single-digit growth during Q1 FY25, the FMCG major said in its quarterly update via filing to the stock exchanges. The India business is likely to record mid-single digit volume growth with the HPC and healthcare segments expected to grow in high-single digits, the filing said. … Read more
A spokesperson for the Burman family said: “We remain committed to completing the Open Offer in the interest of public shareholders of Religare Enterprises Ld.” In response to the Sebi order, a Religare spokesperson said: “As per Sebi’s advisory the company will apply for the fit and proper status of the acquirers for the open … Read more
As management has expressed optimism about consumption revival and confidence in their execution, Dabur India’s target price was raised to Rs 700 by domestic brokerage firm Emkay Global. Emkay Global said that they foresee Dabur benefiting from consumption recovery, with the company positioned to gain from steady distribution expansion, comprehensive portfolio category coverage, sustained focus … Read more
