BROKERAGE FIRMS
How Sebi action will impact profits of discount stock broking firms like Zerodha and Groww Market regulator Sebi mandated in its July 1 circular uniform brokerage charges that are not based on volumes. Due to this, tech-first brokers are staring at impact on valuations. Platforms like Shoonya and Mstock charge zero brokerage fees, and the...
04 Jul, 2024, 04.46 PM ISTHot stocks: Brokerage take on L&T Finance, Bajaj Finance, Gujarat Gas, Sun Pharma, and others Brokerage firms such as UBS have maintained a buy rating on L&T Finance, while JP Morgan maintained an overweight rating on Bajaj Finance, Citi has initiated coverage on Indegene and maintained a sell rating on Gujarat Gas.
04 Jul, 2024, 09.02 AM ISTSebi's levy order likely to erode Rs 2,000 crore from discount brokers' income, hit client base Several brokerage companies, including IIFL Securities and Motilal Oswal Financial Services, saw share declines of 3% to 7% due to the regulatory order affecting brokerages, potentially leading to adjustments in zero-payment plans or increased rates.
03 Jul, 2024, 12.04 PM IST- ADVERTISEMENT
Kotak Equities initiates coverage on JB Chemicals with a target price of Rs 2,025 “Having primarily grown organically until FY2022 and later on aided by benefits from acquired brands, JB has handsomely outperformed the IPM in the past decade by ~600 bps and currently ranks 22 in the IPM,” said Alankar Garude, Analyst at Kotak Equ...
01 Jul, 2024, 03.56 PM ISTRIL market cap hits Rs 21 lakh crore milestone as target prices rise on Jio tariff hikes Reliance Industries shares hit record high after Jio's pricing move, driving positive outlook from global brokerages and potential sector re-rating.
28 Jun, 2024, 11.32 AM ISTInitiating Coverage: Brokerage sees 10-26% upside in Coforge, Man Industries & Bandhan Bank Emkay has initiated a buy rating on Man Industries with a target price of Rs 500, indicating a 26% upside from the current price of Rs 394.
28 Jun, 2024, 09.12 AM ISTHot Stocks: Brokerage view on Nuvama Wealth,Man Industries, Automotive ER&D, SRF and Bandhan Bank InCred has a reduce rating for ER&D stocks Tata Tech and Tata Elxsi. Yes Securities suggests buying in Tech Mahindra, Indus Towers and Granules.
28 Jun, 2024, 08.58 AM ISTAdani Ports target price increased by Kotak Equities as outperformance is likely to continue Adani Ports' growth in volumes outpaced the Indian market, despite Gangavaram Port's loss due to strike/shutdown. RITES shares rallied 4% on signing an MoU with DMRC.
14 Jun, 2024, 02.15 PM ISTHot Stocks: Brokerage view on Kaynes Technology, Zomato, Birlasoft and MGL Global investment bank Morgan Stanley has maintained an overweight rating on Kaynes Technology but raised the target price to Rs 3,845 from Rs 2,440, while Macquarie maintained a sell rating on Zomato with a target price of Rs 100.
10 Jun, 2024, 10.19 AM ISTHot Stocks: Brokerage view on Wipro, IndiGo, UNO Minda and GAIL Domestic brokerage Kotak Institutional Equities has a buy rating on IndiGo with a target price of Rs 5,700. The probability of Indigo breaching margin peaks is increasing. Most challengers to IndiGo will see another year of stiff losses in FY2025.
07 Jun, 2024, 09.57 AM ISTHot Stocks: CLSA lists stocks that could benefit from the 100-day plan for Modi 3.0 Global brokerage CLSA lists out stocks such as L&T, IRB, and NCC, among others that can benefit from Modi 3.0's 100-day plan, while Goldman Sachs is positive on private banks, Jefferies prefers Aavas Financiers, Can Fin Homes as top housing finance ...
06 Jun, 2024, 10.40 AM ISTElection results may trigger India de-rating, Modi stocks to be worst hit "We expect a market derating in the short term, as the risk on India has gone up. PSUs and Capital goods are the most vulnerable sectors, from which we would stay away for the time being. On the other hand, consumption should come back and we see FM...
04 Jun, 2024, 03.30 PM ISTHot Stocks: Brokerages on Balkrishna Industries, M&M, HAL and L&T Brokerage firms like Jefferies, ICICI Securities, and Citigroup are positive on industrial space with L&T, HAL, Balkrishna Industries, and M&M as top picks.
04 Jun, 2024, 10.25 AM ISTSome Indian brokers impose higher trading margins to withstand election volatility Some large Indian brokerage firms have asked clients to furnish higher margins against trades this week to limit the risk of default ahead of the results of India's national elections, due on Tuesday.
03 Jun, 2024, 01.47 PM ISTHot Stocks: Brokerages view on Aurobindo Pharma, Apollo Hospitals, Suzlon & Titan Company Top brokerage firms like Macquarie maintained an outperform rating on Aurobindo Pharma, raising the target price to Rs 1,385. Aurobindo Pharma signed a master service agreement with Merck Sharp & Dohme, leading to a biologics CMO contract with Thera...
03 Jun, 2024, 10.05 AM ISTFood delivery, quick commerce take a bite out of QSR sales: brokerage reports For the overall QSR industry, revenue growth for the final quarter of FY24 was at 9% on a year-on-year basis, down from 18% a year ago, while both same-store sales growth (SSSG) and average daily sales (ADS) declined, a report from brokerage firm BN...
28 May, 2024, 04.26 PM ISTZee Entertainment Enterprises shares rise 3% as firm swings back to black in Q4 Zee Entertainment Enterprises experienced a nearly 3% increase in its share price to Rs 144.4 during Tuesday's trading session on the BSE, following the company's announcement of a profit of Rs 13 crore in the March quarter of FY24. This marks a sig...
21 May, 2024, 11.26 AM ISTApollo Tyres shares jump 7% post Q4 results. Should you buy or sell? Apollo Tyres' shares rose by 7% to Rs 508 in Thursday's trading session on the BSE, despite the company posting modest financial results for the March quarter of FY24. Although the firm reported a 13.7% year-on-year (YoY) decrease in net profit, amo...
16 May, 2024, 11.44 AM ISTVarun Beverages shares surge over 5% post Q1 results. Should you buy, sell or hold? Varun Beverages' (VBL) shares surged 5.5% on BSE, hitting Rs 1,558.45, following a 25% YoY increase in March quarter PAT to Rs 548 crore. Q1 revenue reached Rs 4,398 crore.
14 May, 2024, 11.22 AM ISTGodrej Consumer shares surge nearly 8% after Q4 results. Should you buy? Godrej Consumer Share Price: Shares of Godrej Consumer Products surged 8% to its fresh all-time high of Rs 1,349.65 on BSE in Tuesday's early trade even after reporting a consolidated net loss of Rs 1,893 crore for the quarter ended March 31, 2024.
07 May, 2024, 01.05 PM IST