Anand Rathi Securities upgrades Dilip Buildcon to Buy; Here’s why
1 year, 7 months ago

Anand Rathi Securities upgrades Dilip Buildcon to Buy; Here’s why

Live Mint  

Brokerage house, Anand Rathi Securities has raised Dilip Buildcon's recommendation from 'hold' to 'buy' and set a target price of ₹255, which translates to a 57% rise from the current price. The brokerage in its report further added that the company's operating profitability was below average, but the older order book's declining margin drag and rising contribution from current orders point to potential. FY24 additions, aimed at measured growth According to the brokerage's analysis, FY23 new orders of roughly ₹109 billion in total bid project cost fell short of covering orders completed. Using the remaining proceeds from the Shrem InvIT monetisation, additional monetisations, and a cash conversion cycle that is 8–10 days shorter, management hopes to further reduce it by ₹800–1,000 crore in FY24.

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Stocks to buy: Two stock recommendations from MarketSmith India for Wednesday-27 November
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4 weeks ago

Stocks to buy: Two stock recommendations from MarketSmith India for Wednesday-27 November

Live Mint  

The benchmark index, Nifty50, consolidated after sharp gains over the last two trading sessions. The Nifty managed to hold above 21-EMA, currently around 24,100, which may act as a crucial short-term support zone in today's trading session. According to O'Neil's methodology of market direction, the current market status is in a “Rally Attempt". Further, sustainable trading above 52,300 may turn …

Shares to buy: Maruti, RVNL, PNB, BPCL, SBI Life among 11 stocks that may rise 7-27% in the next 3-4 weeks, say analysts
3 months ago

Shares to buy: Maruti, RVNL, PNB, BPCL, SBI Life among 11 stocks that may rise 7-27% in the next 3-4 weeks, say analysts

Live Mint  

Shares to buy: The Indian stock market posted solid gains last week, fueled by the US Fed's 50-basis-point rate cut and indications of further cuts on the horizon. Escorts Kubota | Previous close: ₹ 4,079.25 | Buying range: ₹ 4,050-4,100 | Target price: ₹ 4,575 | Stop loss: ₹ 3,770 | Upside potential: 12% The stock has been declining for …

PNC Infratech, Ashoka Buildcon, KNR share price gain 47-167% in a year: Should you Buy, Sell or Hold before Q1 results?
5 months, 2 weeks ago

PNC Infratech, Ashoka Buildcon, KNR share price gain 47-167% in a year: Should you Buy, Sell or Hold before Q1 results?

Live Mint  

Stock Market Today: PNC Infratech, Ashoka Buildcon, KNR Constructions share price have risen 47-167% in a year. Muted Q1 expectations During 1QFY25, the overall highway construction stood at 1,288km versus 1,465km in 1QFY24 due to elections, extreme heat and unavailability of labor, said Nirmal Bang Institutional Equities. Ashoka Buildcon may still perform decently and Nirmal Bang analysts expects 6% YoY …

Marico share price jumps over 8% after Q4 results: Should you buy, sell or hold?
7 months, 2 weeks ago

Marico share price jumps over 8% after Q4 results: Should you buy, sell or hold?

Hindustan Times  

Marico share price: The share price of Marico rose over 8% today as brokerages remained bullish on the stocks following the company's Q4 results. Marico share price: Marico reported a consolidated net profit of ₹ 320 crore in the fourth quarter of FY24- marking a growth of 4.9% from the year-ago period. The brokerage upgraded Marico to ‘Buy’ from ‘Hold’ …

Day trading stocks to buy: Anand Rathi recommends three shares to buy today — 16th April
8 months, 1 week ago

Day trading stocks to buy: Anand Rathi recommends three shares to buy today — 16th April

Live Mint  

Day trading stocks to buy today: On account of weak global cues after the rise in the geo-political tension in the Middle East, the Indian stock market ended lower for the second straight session on Monday. Anand Rathi stock recommendations Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi believes that the Indian stock market may trade sideways in …

This fashion stock may deliver over 80% return on long term, says Anand Rathi
1 year, 10 months ago

This fashion stock may deliver over 80% return on long term, says Anand Rathi

Live Mint  

Stock to buy today: Arvind Fashions share price has remained under base building mode since November 2022. However, Anand Rathi believes that the fashion stocks is ready to come out of base building mode and in long term it may go up to ₹526 apiece levels. Arvind Fashions share price today is around ₹287 apiece that means brokerage is expecting …

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?
1 year, 10 months ago

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?

Live Mint  

Logistics firm Delhivery net loss widened to ₹195.7 crore for the third quarter ended December 2022 as compared to a loss of ₹127 crore in the yea-ago quarter. We believe B2B, operating leverage and low e-commerce penetration driven growth are being underestimated,” said global brokerage Jefferies which has maintained its Buy tag on Delhivery shares with a target price of …

This Adani Group stock gets ’Buy’ tag from brokerages post in-line Q3 results
1 year, 10 months ago

This Adani Group stock gets ’Buy’ tag from brokerages post in-line Q3 results

Live Mint  

Cement maker ACC Ltd's Q3 FY23 EBITDA declined 32% from the year ago quarter, with blended EBITDA/ton also declining similarly, both being broadly in line with analysts estimates. The company reported a net profit of ₹113 crore during the December 2022 quarter, down 60% year-on-year, on higher costs, flat cement prices and stagnant volume growth, whereas its revenue was up …

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