JM Financial

JM Financial starts coverage on KPR Mill with 'Buy'; check target price

JM Financial has set a target price of ₹1,215 per share, implying an upside potential of 21 per cent

Updated On: 04 Dec 2025 | 3:19 PM IST

JM Financial Home Loans targets 30% annual AUM growth to FY27

JM Financial Home Loans aims to scale AUM to Rs 5,000 crore by FY27, driven by branch expansion, higher ticket sizes and tighter early-stage delinquency controls, MD & CEO Manish Sheth said

Updated On: 03 Dec 2025 | 5:10 PM IST

Gold loans, fee income to power Capri Global; JM Financial starts coverage

JM Financial said the non-bank lender's diversified retail-focused franchise, strong asset quality and expanding non-interest income engine position it well for sustained growth.

Updated On: 03 Dec 2025 | 9:01 AM IST

Why is JM Financial upbeat on Belrise Industries? Starts coverage with Buy

JM Financial has set a target price of ₹215 for Belrise Industries stock, valuing it at 25x FY28E P/E

Updated On: 28 Nov 2025 | 9:33 AM IST

Explained: How will implementation of the CoSS impact Swiggy, Eternal?

According to JM Financial Institutional Securities, in a worst-case scenario, the amount payable by Eternal and Swiggy towards the fund would work out to around ₹2.1-2.5 per order

Updated On: 24 Nov 2025 | 11:38 AM IST

Adani Green Energy newly rated 'Buy' at JM Financial; 18% upside seen

Over the years, according to JM Financial, Adani Green Energy has shown a strong track record in execution - adding almost 14 GW in the last 10 years

Updated On: 18 Nov 2025 | 9:40 AM IST

Power market coupling faces delay, unlikely before December 2027: Report

A J M Financial report says regulatory and procedural hurdles could delay India's proposed power market coupling until late 2027, affecting IEX's market share projections

Updated On: 03 Nov 2025 | 4:51 PM IST

Brokerages say 'Buy' Reliance Industries after Q2 show; check target here

RIL reported a consolidated net profit of ₹18,165 crore in Q2FY26, up 9.7 per cent year-on-year (Y-o-Y) but down 32.7 per cent quarter-on-quarter (Q-o-Q) from ₹26,994 crore in Q1FY26.

Updated On: 20 Oct 2025 | 3:41 PM IST

Zaggle Prepaid set to shine: JM Financial eyes 44% upside growth; details

On the bourses around 10:20 AM, Zaggle share price was trading 1.84 per cent lower at ₹345.90 per share. In comparison, BSE Sensex was trading 0.26 per cent lower at 82,112.30 levels.

Updated On: 14 Oct 2025 | 10:53 AM IST

Just Dial rings in a tepid September quarter; analysts keep a wary eye

On the bourses, Just Dial shares plunged up to 4.51 per cent to hit an intraday low of ₹820.85 per share on Q2 results.

Updated On: 14 Oct 2025 | 9:46 AM IST

JM Group entities pay ₹3.9 cr to settle regulatory lapses case with Sebi

JM Group entities -- JM Financial, JM Financial Services and JM Financial Products -- have settled with markets regulator Sebi a case of alleged irregularities in managing public issue of non-convertible debentures (NCDs) of Piramal Enterprises after paying Rs 3.92 crore. Additionally, JM Financial Ltd (JMFL) and JM Financial Services Ltd (JMFSL) disgorged illegal gains worth Rs 1.22 crore and Rs 1.33 crore, respectively, according to a settlement order passed by Sebi on September 19. Also, JM Financial has agreed to a voluntary three-month debarment from acting as a manager in any public issue of debt securities, effective from the date of the settlement order. Similarly, JMFSL will refrain from acting as a distributor in such issues for the same period, while JMPL has accepted a three-month ban on undertaking IPO financing activities. The case relates to public issues of NCDs during 2023. During the examination of one such public issue of NCDs of Piramal Enterprises, it was obser

Updated On: 23 Sep 2025 | 3:57 PM IST

Swiggy needs $500 mn war chest for quick commerce battle: JM Financial

JM Financial downgraded Swiggy citing widening losses and balance sheet stress, warning the firm needs over $500 million to sustain Instamart against Blinkit's rapid expansion

Updated On: 22 Sep 2025 | 8:41 PM IST

JM Financial downgrades CarTrade; stock bleeds 19%, 'Sell' call explained

Domestic brokerage JM Financial downgraded CarTrade to a 'Sell' rating from 'Hold' with a September 2026 target price of ₹2,350, implying around 14 per cent downside from current levels.

Updated On: 10 Sep 2025 | 11:39 AM IST

Angel One gets 'Buy' call; what makes JM Fin bullish after 20% YTD fall

JM Financial assigned a target price of ₹2,700 apiece on Angel One, implying an upside of 17.5 per cent from Friday's close

Updated On: 08 Sep 2025 | 9:41 AM IST

JM Financial downgrades defence, industrials; turns bullish on consumption

JM Financial also turned underweight on banks, NBFCs and insurance as disbursement growth is likely to remain weak in FY26

Updated On: 03 Sep 2025 | 12:43 PM IST

GST 2.0 to benefit QSR stocks like Jubilant, RBA, Devyani: JM Financial

GST 2.0 reforms may boost QSR demand as tax rates fall. Analysts see Jubilant FoodWorks, RBA, Devyani International, and Sapphire Foods gaining the most

Updated On: 25 Aug 2025 | 2:17 PM IST

JM Financial initiates coverage on ITC Hotels, sees 12% downside: Check why

JM Financial highlighted that ITC Hotels has delivered a 22 per cent CAGR in Ebitda over FY23-25, driven by strong RevPAR growth

Updated On: 25 Aug 2025 | 1:48 PM IST

JM Financial Q1 results: Profit jumps 166% to ₹454 crore on lower expenses

JM Financial on Monday reported a 166 per cent rise in consolidated net profit to Rs 454 crore for the June quarter of FY26. The financial services company had earned Rs 171 crore in the same quarter a year ago. Total income rose to Rs 1,121 crore during the June quarter 2025-26, from Rs 1,093 crore a year ago, JM Financial said in a regulatory filing. Total expenses declined to Rs 529 crore compared to Rs 849 crore in the April-June quarter of FY25. Net worth during the quarter has crossed Rs 10,000 crore. The transaction pipeline remains robust across businesses, reflecting the company's deep market engagement, Vishal Kampani, Vice Chairman and Managing Director of JM Financial Ltd, said. "In real estate loans and distressed credit, our focused recovery strategies have delivered strong results, and we remain committed to driving similar outcomes, going forward," he said.

Updated On: 11 Aug 2025 | 9:35 PM IST

JM Financial unit to sell 2.1% stake in JMFHLL to Bajaj Allianz Life

Under an investment agreement signed on August 9, 2025, JMFCSL will offload 13,646,000 equity shares in JMFHLL at ₹48 per share

Updated On: 11 Aug 2025 | 10:57 AM IST

Delhivery delivers in Q1: Stock hits 52-wk high, brokerages raise target

Brokerages remained bullish on Delhivery post Q1FY26 results, with most of them raising earnings estimates and target prices on the back of volume-led growth, improving margins, and positive guidance.

Updated On: 04 Aug 2025 | 10:05 AM IST