Latest News, Updates & Breaking Headlines
In a big change to the infant vaccination process, the CDC’s (Centers for Disease Control and Prevention) vaccine advisory committee has voted to move away from a “one‑size‑fits‑all” hepatitis B shot at birth, and instead, let parents and clinicians decide on a case‑by‑case basis for babies, whose mothers test negative for hepatitis B. This however,…
JP Morgan, Maquire see 30K nifty level by end-2026JP Morgan has raised the base case for the nifty target to 30,000 points for end-2026. Analysts feel with supportive fiscal and monetary policies, recovering domestic demand and broad-based sectoral growth, corporate earnings are set to rebound. They feel India’s valuations remain at a premium, but the…
Kotak Institutional Equities has a reduce rating on Kaynes Technology with the target price at Rs 6,180. Analysts said the company’s management was confident of achieving its revenue guidance of Rs 4,500 crore despite a weak Apr-Sept half year (H1FY26) on the back of a strong order book. The company also believes that ongoing working…
Jefferies initiated its coverage of LG Electronics India with a buy rating and a target price of Rs 1,900. Analysts said they view LG Electronics India as a strong play on the country’s discretionary spends, given its diversified mix. The company offers strong moats in the form of market leadership in multiple products, premium brand…
Emkay Global has downgraded ACC to sell due to weak margin trends and slower capex execution with the target price cut sharply to Rs 1,600 from Rs 2,280. Analysts said that ACC’s valuation revised to 7x EV/EBITDA (economic value/earnings before interest, taxes, depreciation and amortisation from 9x given deteriorating fundamentals. They have cut ACC’s FY27…
CLSA has an outperform rating on M&M with the target price at Rs 4,417. Analysts said that the company remains confident in maintaining its market leadership position for SUVs, tractors and LCVs. With new launches and focus on void spaces, M&M expects there is scope for further market share gains in some of the segments….
Jefferies has a buy rating on Adani Enterprises with the target price at Rs 2,940. Analysts said that the company has received committee of creditors (CoC) approval for its Rs 14,500 crore resolution plan for JAL (Jaypee), beating others with superior upfront payment terms. Adani Ent’s plan, subject to NCLT clearance, may involve carving out…
Morgan Stanley initiated its coverage on LG Electronics with an overweight rating and a target price of Rs 1,864. Analysts said the company stands out across many categories in a highly competitive consumer durables market with industry-leading margins and best-in-class capital efficiencies. They expect revenues and margins to be driven by its new capacity, and…
Jefferies has initiated its coverage of WeWork India with a buy rating and a target price of Rs 790. Analysts said that the company is the largest flexible workspace operator by revenues in India. At about 17% compounded annual growth rate (CAGR), flexible workspace stock is growing at two times the pace of office stock,…
Jefferies has an underperform rating on Tata Motors PV with the target price at Rs 300. Analysts said the company reported earnings before interest, taxes, depreciation, and taxes (EBITDA) loss in the July-Sept quarter (Q2FY26), dragged by cyberattack at JLR. Cyberattack-related disruptions continue in Q3FY26 and should normalize by Q4FY26. Nevertheless, analysts see multiple headwinds…
