ET looks at some of the latest stock recommendations by analysts. These stocks are expected to return between 29% and 40% as per analysts’ price targets. One 97 Communications BROKERAGE: YES SECURITIES Price Target: Rs 505 CMP: Rs 389.4 Upside: 29.8% Upgrade stock to ‘buy’ for the fi rst time since its listing Market currently … Read more
Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty50 closed below 22400 levels on Monday led by losses in banking stocks. It has formed sizeable bearish candles, indicating the possibility of consolidation within an overall uptrend. Both FIIs and DIIs were net buyers on Monday to the tune of … Read more
Mumbai: The earnings upgrade-to-downgrade ratio has weakened over the past three months, with 251 companies in the Nifty 500 universe experiencing downgrades for FY24, compared with 152 upgrades, Bloomberg data showed. Among the Nifty 50 companies, 30 experienced downgrades, while 19 underwent upgrades in this period. A Bloomberg earnings upgrade or downgrade is the consensus … Read more
