Stocks to buy for long-term: Tata Tech, PFC to REC — top brokerage firms initiate coverage on these 5 shares
6 days, 2 hours ago

Stocks to buy for long-term: Tata Tech, PFC to REC — top brokerage firms initiate coverage on these 5 shares

Live Mint  

Stocks to buy: After a modest 9 per cent return last year, experts caution investors to temper their market expectations this year. Tata Technologies Brokerage firm Chola Securities has initiated coverage on Tata Technologies with a target price of ₹1082, implying an upside potential of nearly 22 per cent. Kalpataru Projects International Axis Securities has initiated coverage on the Kalpataru Projects International stock with a buy recommendation, pegging the target price at ₹1,590, implying an upside potential of 25 per cent. "We assign a target P/E multiple of 22.5 times on our FY27 EPS estimate to arrive at our target price of ₹1,590 and initiate coverage with a buy rating," said the brokerage firm. "We initiate coverage on PFC and REC with buy and Dec-25E target price of ₹600 and ₹650, respectively), valuing REC at FY26E P/BV of 1.9 times, and PFC at FY26E standalone P/BV of 1.5 times and 25 per cent holding company discount on its REC stake," Emkay said.

India Earnings Price Coverage Cent Target Buy Eps Emkay Initiate Pfc Brokerage Jm Financial Rec Upside Tata Technologies Tata Tech  times  longterm  shares  upside  earnings  coverage  tata  rec  cent  brokerage  buy  price  initiate  firms  tech  target  stocks  pfc

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Sagility India share price hits 5% upper circuit, soars over 30% in December so far; Jefferies, JPMorgan see more upside
2 weeks, 2 days ago

Sagility India share price hits 5% upper circuit, soars over 30% in December so far; Jefferies, JPMorgan see more upside

Live Mint  

Sagility India share price surged 5 per cent to hit the upper circuit limit of ₹48.91 in morning trade on BSE on Tuesday, December 24. Sagility India share price opened at ₹47.90 on Tuesday against its previous close of ₹46.59 and soon jumped 5 per cent to the level of ₹48.91. Jefferies, JPMorgan see more upside in Sagility India stock …

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, 2 weeks 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 …

Tata Motors share price breaks three-day losing streak as Emkay Global upgrades stock to ‘Buy’, sees 22% upside
3 months, 3 weeks ago

Tata Motors share price breaks three-day losing streak as Emkay Global upgrades stock to ‘Buy’, sees 22% upside

Live Mint  

Tata Motors share price snapped a three-day losing streak to trade higher on Thursday after ratings upgrade by Emkay Global. {{^adFree}} {{/adFree}} Emkay Global Financial Services upgraded its rating on Tata Motors stock to ‘Buy’ from ‘Add’ with a target price of ₹1,175 per share, implying an upside potential of 22% from Wednesday’s closing price. Moreover, the company’s new launches, …

TCI: ICICI Securities initiates coverage with ‘buy’, sees 20% upside in next 12 months – here’s why
5 months, 1 week ago

TCI: ICICI Securities initiates coverage with ‘buy’, sees 20% upside in next 12 months – here’s why

Live Mint  

Just around 6 percent away from record high, Transport Corporation of India is expected to see 20 percent upside in the next 12 months. "Key points: 1) In the process of refining freight mix in favour of higher-margin LTL business; 2) Capex in high-margin sea freight segment likely to improve overall margins; 3) Improving performance of JVs expected to result …

Brokerages initiate coverage on these 5 stocks ahead of Q4 results: What you need to know. Do you own any?
9 months ago

Brokerages initiate coverage on these 5 stocks ahead of Q4 results: What you need to know. Do you own any?

Hindustan Times  

Brokerage firms- global and domestic initiated coverage on several stocks ahead of Q4 results. Here's a look at 5 stocks on which brokerages initiated coverage: Here's a look at 5 stocks on which brokerages initiated coverage Aditya Birla Capital: Macquarie initiated coverage on Aditya Birla Capital with an 'Outperform' rating and set a target price of ₹230 on the stock. …

Stocks to Watch: TCS, Tata Motors, IDBI Bank, SpiceJet, Adani Enterprises
1 year, 2 months ago

Stocks to Watch: TCS, Tata Motors, IDBI Bank, SpiceJet, Adani Enterprises

Live Mint  

Here are the top stocks that could be in focus in today's trade: TCS: A nearly six-month-long probe into the bribes-for-jobs scandal at Tata Consultancy Services Ltd has resulted in crucial suggestions for hiring reforms, along with the sacking of the former head of its resource management group. Tata Motors: Tata Motors Ltd sold a 9.9% stake in Tata Technologies …

Paytm share price rises 3% to hit a 52-week high; Bernstein initiates coverage
1 year, 4 months ago

Paytm share price rises 3% to hit a 52-week high; Bernstein initiates coverage

Live Mint  

Paytm share price rose almost 3 per cent to hit its fresh 52-week high of ₹931 in morning trade on BSE on Thursday. The brokerage firm expects Paytm's loan disbursal volumes to grow sharply and achieve a market share of nearly 4 per cent by FY26E in the high-yield household lending segment, with more than 13 per cent interest rate. …

LTIMindtree Q1 results: Why are brokerages optimistic despite soft Q1 earnings?
1 year, 5 months ago

LTIMindtree Q1 results: Why are brokerages optimistic despite soft Q1 earnings?

Live Mint  

LTIMindtree shares price declined almost 4 per cent in morning trade on BSE on Tuesday a day after the company reported a weaker-than-expected April-June quarter results. The brokerage firm also trimmed FY24 and FY25 EPS estimates by 2.8 per cent and 2.2 per cent, respectively, given lower growth. The brokerage firm also lowered its FY24 and FY25 PAT estimates of …

Paytm share price surges 8%; brokerages remain upbeat about the stock
1 year, 7 months ago

Paytm share price surges 8%; brokerages remain upbeat about the stock

Live Mint  

Shares of One 97 Communications surged over 8 per cent in intraday trade on BSE on Thursday, looking set to extend their gains into the second consecutive session. Paytm, in a BSE filing on Monday, said it continued witnessing the expansion of the consumer base with average monthly transacting users at 9.2 crore for the quarter to date, up 24 …

How mutual funds are betting on long-term India story
2 years, 1 month ago

How mutual funds are betting on long-term India story

Live Mint  

Even as private equity investors cash out of several new-age companies that went public last year, domestic institutions are buying into these firms, signalling their long-term belief in the India story. “MFs have seen a jump in investor interest through the SIP route, and they zero down on such firms through block deals normally where they can’t buy a substantial …

Paytm Gets Thumbs Up From All Major Brokerages After Its Analyst Meet
2 years, 1 month ago

Paytm Gets Thumbs Up From All Major Brokerages After Its Analyst Meet

The Quint  

Paytm, India’s leading digital payments and financial services company and the pioneer of QR and mobile payment, recently held a meeting in Mumbai with top analysts. Post the company management’s strong presentation, Paytm has received a thumbs up from all major brokerages which was Here’s a look at the top call for Paytm from analysts: Gets another upgrade to BUY …

Diwali picks for Samvat 2079: HDFC Securities suggests top 10 stocks to buy
2 years, 2 months ago

Diwali picks for Samvat 2079: HDFC Securities suggests top 10 stocks to buy

Live Mint  

In Samvat 2079, volatility could continue, though at a slower pace, being close to a peak in the rate hike cycle. HDFC Securities' top Diwali stock picks: Aster DM Healthcare: Better case mix, price hikes and expansion in Tier 1 cities are likely to improve the company's ARPOB and Medical value tourism could find traction due to its focus on …

Paytm listing: Macquarie initiates underperform rating, cuts target price by 40%
3 years, 1 month ago

Paytm listing: Macquarie initiates underperform rating, cuts target price by 40%

Live Mint  

Brokerage firm Macquarie Research has initiated an underperform rating on Paytm owner One97 Communications ahead of its listing on Thursday, saying its business model lacks focus and direction. The brokerage firm has reduced its target price to ₹1,200 a share, down 40% from its issue price of ₹2,150 calling the company a 'cash guzzler'. “Dabbling in multiple business lines inhibits …

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