M&M vs Hero MotoCorp: Leading Indian auto majors Mahindra & Mahindra and Hero MotoCorp have received fresh reviews and upgrades from domestic brokerages after the conclusion of the July-September quarter results for fiscal 2024-25. Auto Sector Q2 Review The brokerage said that the aggregate revenue of auto OEMs under its coverage universe was up two per cent in Q2FY25, driven …
Shares of Life Insurance Corporation of India were in the spotlight on Monday and ended the day with nearly a 1% rise after the state-owned insurance giant reported a 4% decline in net profit for Q2 FY25. They anticipate sustained growth despite the new surrender regulations, though they LIC’s stock saw a 2% rise, reaching Rs 933.30 on Monday, pushing …
Rossari Biotech share price traded over a percent higher on Friday after domestic brokerage firm Anand Rathi initiated coverage on the stock on expectations of strong growth. {{^adFree}} {{/adFree}} Anand Rathi has assigned a ‘Buy’ rating on Rossari Biotech shares with a target price of ₹950 apiece, implying an upside potential of nearly 26% from its Thursday’s closing price. With …
Tech Mahindra Ltd has set its sights on the future amid the difficult demand conditions facing Indian information technology companies. To achieve its objectives, Tech Mahindra will take several steps, including scaling up capabilities in key markets and service lines, focusing on top accounts, and implementing a cost-optimization programme named Project Fortius, which is expected to yield an average benefit …