Brokerage Bernstein has initiated coverage on seven retail and restaurant companies — Avenue Supermarts, Trent, Aditya Birla Fashion & Retail, Jubilant FoodWorks, Westlife Foodworld, Devyani International and Sapphire Foods India. The firm has ‘outperform’ rating on Avenue Supermarts, Trent, Jubilant FoodWorks and Devyani and ‘underweight’ on Aditya Birla and Westlife World. Bernstein said that as … Read more
Hero MotoCorp. Share Price 4684.00 03:59 PM | 22 Mar 2024 164.11(3.64%) Maruti Suzuki India. Share Price 12337.70 03:59 PM | 22 Mar 2024 429.56(3.61%) UPL. Share Price 470.00 03:59 PM | 22 Mar 2024 14.45(3.18%) Apollo Hospitals Enterprise. Share Price 6375.90 03:58 PM | 22 Mar 2024 193.40(3.13%) Sun Pharmaceutical Industries. Share Price 1608.90 … Read more
Brokerage action on One 97 Communications, Info Edge (India) and Westlife Foodworld are likely to impact their stocks today. While Jefferies sees NCPI approval of its third-party app as the last regulatory challenge cleared by the Paytm operator, BofA retains its underperform rating on Info Edge. Meanwhile, Investec has initiated a ‘Buy’ view on Westlife … Read more
Brokerage firm JPMorgan maintained an overweight rating on Westlife Foodworld, Macquarie recommended an outperform rating on Asian Paints, HSBC maintained a buy rating on Zomato and Morgan Stanley recommended equal weight stance on AB Capital. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: JPMorgan on Westlife Foodworld: … Read more
Brokerage firm Nuvama maintained a buy rating on MGL, CLSA initiated coverage on Syrma SGS Technology with a buy rating, CLSA maintained a sell rating on Jubilant FoodWorks, and UBS maintained a buy rating on BEL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nuvama on MGL: … Read more
Neeraj Chadawar, Head of Quant Strategy, Axis Securities, says “we firmly believe that the Indian economy is rightly placed and continues with the growth momentum and we continue to believe in double-digit returns. Given the valuations are stretched at current juncture, we believe that bottom-up theme is the best place to identify the stock based … Read more
