Brokerage firm Jefferies downgraded ITC to hold and upgraded Lupin post Q3 results. Macquarie maintained an underperform rating on Zomato and an overweight rating on Page Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on ITC: Hold| Target Rs 420Jefferies downgraded ITC to hold from … Read more
MUMBAI – Motilal Oswal Mutual Fund on Monday sold a partial stake in online food delivery aggregator Zomato through the open market, and raked in a profit of Rs 622 crore. The domestic mutual fund firm sold 4.5 crore shares or 0.5% stake in Zomato at Rs 138.15 a share, according to block deals data … Read more
Brokerage firm Investec initiated a fast sell on HCL Technologies, HSBC maintained a buy on Zomato, Morgan Stanley maintained an overweight rating on Bank of India and Jefferies maintained a buy on Bharti Airtel. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Telecom: Bharti Airtel, … Read more
Equity indices advanced further to settle at record highs for the second straight session on Thursday. The 30-share BSE Sensex jumped 371 points to settle at an all-time closing high of 72,410 and the Nifty climbed 123 points to a fresh record of 21,778. Stocks that were in focus included names like Zomato, which fell … 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
Brokerage UBS maintained a buy rating on Zomato and initiated coverage on Adani Ports and Delhivery. Motilal Oswal recommended a buy on Siemens. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS on Zomato: Buy| Target Rs 150UBS maintained a buy rating on Zomato with a target … Read more
