Global Brokerage JPMorgan has initiated coverage on Bharti Hexacom with an overweight rating, while Morgan Stanley has an equal-weight and overweight call on Apollo Tyres and Varun Beverages, respectively. Meanwhile, Citi and Goldman Sachs have buy calls on Vodafone Idea and HDFC Life. We have collated a list of recommendations from top brokerage firms from … Read more
Indian Railway Finance Corporation Share Price 171.76 03:59 PM | 1 Jul 2024 -2.06(-1.18%) One97 Communications Share Price 411.85 03:59 PM | 1 Jul 2024 10.11(2.52%) YES Bank Share Price 24.06 03:59 PM | 1 Jul 2024 0.37(1.57%) ITC Share Price 429.05 03:59 PM | 1 Jul 2024 4.16(0.98%) HDFC Bank Share Price 1705.2 03:59 … Read more
Broader markets catalysed the market fall on Tuesday with medium, small and microcap indices treading in deep red around 12:15 pm. The Nifty Midcap 100 index fell by over 7% or 3,700 points around this time to hit the day’s low of 49,623.10. This comes after a meteoric Monday rise after most exit polls gave … Read more
Vodafone Idea (Vi) CEO Akshaya said the telco is looking at further conversions of government dues into equity as well as internal accruals to address payout obligations toward spectrum and adjusted gross revenue (AGR). The moratorium on these payments ends in September 2025. The statement came during Vi’s FY24 fourth-quarter earnings call Friday. Moondra was … Read more
While calling Vodafone Idea a high-risk, high-reward opportunity, domestic brokerage Kotak Institutional Equities on Thursday maintained a sell call on the telecom operator but said that in the bull case scenario, it can rally up to Rs 23. “In our bull case, we assume a sharper 10% 10-year ARPU CAGR (versus our base case estimate … Read more
