Brokerage UBS upgraded rating on Eicher Motors to Buy while Jefferies initiated coverage on Syrma SGS and Kaynes Technologies. Nomura also shared its views on oil marketing companies (OMCs) in the light of a Rs 2 per litre cut in petrol and diesel prices. We have collated a list of recommendations from top brokerage firms … Read more
UPL. Share Price 467.30 09:50 AM | 15 Mar 2024 5.20(1.13%) Bharti Airtel. Share Price 1203.60 09:50 AM | 15 Mar 2024 9.00(0.76%) Power Grid Corporation of India. Share Price 268.35 09:50 AM | 15 Mar 2024 1.85(0.70%) Bajaj Finance. Share Price 6437.20 09:50 AM | 15 Mar 2024 39.75(0.63%) Bajaj Finserv. Share Price 1570.00 … Read more
New Delhi: Motorcycle maker Royal Enfield on Friday reported a 6 per cent year-on-year increase in wholesales to 75,935 units in February. The company, a part of Eicher Motors, had dispatched 71,544 units in the same month last year. Domestic sales were at 67,922 units last month as against 64,436 units in the year-ago month, … Read more
After seeing testing times in FY23 amid skyrocketing inflation and weak consumer demand, India Inc found solace in FY24 as several companies reported strong double-digit growth in earnings. One of the major factors driving this growth was easing inflationary pressures. As many as 234 companies, excluding banks and financial services, saw operating profit or EBITDA, … Read more
Brokerage firm Jefferies initiated a buy rating on Adani Enterprises, and Macquarie recommended an underperform rating on Zydus Life and an underweight on Wipro. Nomura maintained a neutral rating on Eicher Motors. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Adani Enterprises: Buy| Target Rs … Read more
Shares of Eicher Motors fell 2.5% to the day’s low of Rs 3,756.10 on the NSE on Wednesday notwithstanding a strong December quarter show and target upgrades by a couple of brokerages. While CLSA upgraded the stock to Underperform and raised the price target, Nomura took a neutral view and also revised the price target … Read more
