FMCG major ITC left investors little to chew on in its March quarter results with the shares falling nearly 1% to Rs 437.85 on BSE during the day but brokerages have raised target prices going up to Rs 540. Global brokerage firm Citi, which has a buy call on ITC, raised its target price to … Read more
Shares of PepsiCo bottler Varun Beverages (VBL) jumped 5.5% on BSE today to the day’s high of Rs 1,558.45 after reporting an increase of 25% year-on-year (YoY) in March quarter PAT to Rs 548 crore. The brokerages have increased the target price for the stock post earnings announcement. The company’s revenue from operations in Q1 … Read more
Shares of 2-wheeler giant Hero MotoCorp jumped 6% in today’s early trading session on BSE to the day’s high of Rs 4,898 after brokerages remained positive on the company’s future outlook post Q4 results. India’s largest 2-wheeler maker posted an 18% increase in net profit at Rs 1,016.05 crore, largely in line with street estimates, … Read more
