Apr 21, 2024, 10:24:26 AM IST The past week saw block deals across large, mid and smallcap companies. Among these, 15 were largecap stocks including companies like Zomato, Jio Financial and Infosys. Nuvama reports a detailed list of these deals. ETtech With a block count of 14 and nearly 57.6 lakh of share quantity, a … Read more
Brokerage firm CLSA maintained an outperform rating on Maruti Suzuki and downgraded HDFC Bank to outperform. Morgan Stanley maintained an overweight rating on Zomato and upgraded Voltas to Equal Weight. Bernstein downgraded SBI. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Maruti Suzuki: Outperform| Target … Read more
Shares of FSN E-Commerce Ventures are expected to witness their next leg of performance riding on margin improvements which will be akin to Zomato, according to estimates by Nuvama. The domestic brokerage reiterated its buy rating on the Nykaa operator while marginally raising the price target to Rs 192 from Rs 189, as suggested earlier. … Read more
Shares of FSN E-Commerce Ventures are expected to witness their next leg of performance riding on margin improvements which will be akin to Zomato, according to estimates by Nuvama. The domestic brokerage reiterated its buy rating on the Nykaa operator while marginally raising the price target to Rs 192 from Rs 189, as suggested earlier. … Read more
Brokerage firm Axis Capital initiated coverage on RBL Bank with an add rating, Jefferies maintained a buy on RIL, UBS upgraded Gujarat Gas to neutral and UBS maintained a buy rating on Zomato. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Axis Capital on RBL Bank: ADD| … Read more
Brokerage firms such as Macquarie maintained an underperform rating on Zomato, while Kotak Institutional Equities recommended a Sell on GAIL India, CLSA upgraded Vedanta to underperform, and Jefferies maintained a buy rating on MAX Financial. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Zomato: Underperform| … Read more
Zomato, part of the e-commerce industry, witnessed some profit-taking after hitting a fresh 52-week high earlier in December but the chart pattern suggests that the bulls are here to stay. Medium to long-term investors can look to buy the stock now or on the decline for a possible 12-month target of Rs 184 in the … Read more
