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Goldman Sachs maintained its neutral rating on Jubilant Foodworks with the target price cut to Rs 460 from Rs 480 earlier. Analysts said that in the Jan-March quarter (Q4FY26) the company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) was slightly ahead of estimates due to Dunkin’ classification as discontinued operations.Analysts flagged near-term margin pressure…
Top stocks to buy (AI image) HSBC has initiated its coverage of SRF with a buy rating and the target price at Rs 3,390. Analysts said SRF was one of India’s largest chemical manufacturing companies, with 50% of its revenue coming from overseas. Improving fundamentals in specialty chemicals and performance films to drive a 26%…
UBS has a buy on Indian Hotels with the target price at Rs 900. Analysts said the company reported resilient Jan-March quarter (Q4FY26) numbers despite geopolitical headwinds, with consolidated revenues rising 14% on the year (YoY) to Rs 2,770 crore and profit after tax (PAT) up 15% YoY to Rs 600 crore.This was underpinned by…
Jefferies has a buy rating on Adani Enterprises with the target price cut to Rs 2,600 from Rs 2,750. Analysts said Adani Airports is facing near term traffic softness, delaying Navi Mumbai International Airport (NMIAL) ramp-up, but non-aero revenues and airport-led real estate monetisation continue to build. They also said that the company’s new energy…
The law allows authorities to impose penalties and imprisonment. It can also revoke registration, in case of proven violations. In recent years, the updated “RERA 2.0” emphasises transparency and faster grievance redressal. This regulatory framework offers an added layer of security to developers as well as buyers, making the process more transparent. Sources: Real Estate…
Motilal Oswal Securities has initiated its coverage of Jio Financial Services with a buy recommendation and a target price of Rs 320. Analysts said the company is architecting India’s next-gen financial services platform, leveraging ecosystem synergies, data, distribution and discipline for scalable finance. While near-term profitability remains subdued due to the incubation phase of multiple…
Nomura initiated its coverage of Lloyd Metals with the target price at Rs 1,600. Analysts said that supported by low-cost iron ore assets to 2057, vertical integration into steel, predictable (MDO) earnings, and diversification into copper, LMEL is transitioning from a pure-play miner to a more stable, diversified and less cyclical business model. They estimate…
MUMBAI: Markets regulator Sebi on Friday said that brokers with less than 10,000 clients do not need to report technical glitches at their end. It also doubled the reporting time for such incidents to two hours, and also excluded brokers from complying to the rules when technical glitches do not affect trading, and also the…
E-commerce platform Meesho’s shares dropped by 5 per cent to Rs 173.20 on Wednesday on the BSE after a one-month lock-in period ended. This made 110 million shares, representing 2 per cent of the company’s equity, available for trading. Despite this dip, major brokerages remain positive about Meesho’s future growth potential.The stock, which is still…
ITC shares slid to a three-year low of Rs 345.35 on Friday, extending a sharp two-day selloff that has erased about 14% of the stock’s value after the finance ministry announced a steep increase in cigarette taxes, triggering widespread analyst downgrades and renewed concerns over volumes and profitability.The Nifty heavyweight fell another 5% on Friday,…
