Morgan Stanley

Morgan Stanley has upgraded One 97 Communications Ltd, the parent of Paytm, to Overweight from Equal-weight, raising its price target by 35 per cent to Rs 1,950 from Rs 1,450 as it sees stronger execution across payments and financial services supporting faster growth and further earnings upgrades. The revised target implies an upside of about 22 per cent from Paytm's closing price of Rs 1,601.60 on October 27. Morgan Stanley said continued execution, favourable industry developments and the potential for upward revisions to earnings estimates could support a further re-rating of the stock. The upgrade comes after Paytm shares gained 46 per cent over the preceding six months. Despite the rally, the brokerage sees scope for further gains as revenue growth accelerates and profitability improves. It noted that consensus estimates for the company's FY28 earnings before interest, taxes, depreciation and amortisation had risen by more than 21 per cent over the same period. Morgan Stanley

In the Indian context, Morgan Stanley expects the total power demand to rise 6.75 per cent between 2025 and 2030 to 668 terawatt-hour (TWh). Of this, datacenter will see a demand of 68 TWh.

Alternative asset manager launches Blackstone Infrastructure Partners in Asia Pacific and appoints former KKR executive Ami Momaya as its first dedicated infrastructure hire in the region

Here's what leading brokerages expect from India Inc. in Q1-FY27 and a deep dive into expectations across companies in the frontline sectors.

As a base-case scenario, they have maintained June 2027 Sensex target at 89,000 levels, up nearly 14 per cent from the current levels. Morgan Stanley attached 50 per cent probability to this forecast.

What's next for the Indian stock market? ???? Morgan Stanley believes the answer lies in Q1 earnings and the monsoon. In this video, we break down the brokerage's Sensex targets, key sector bets, AI's

Group companies gained after Gautam Adani outlined expansion plans at the AGM, while Morgan Stanley raised its target price for Adani Power and retained an overweight rating

Global and domestic institutions bought a 2.3% stake in Lenskart for ₹1,960 crore as ADIA trimmed its holding ahead of the eyewear firm's market debut

India's economy has improved over the past two quarters, but compared to markets like the US, Korea, Taiwan and even Japan, growth still looks less compelling

Many bank executives have acknowledged that AI will upend some jobs as firms start implementing the technology across different functions

Sustained high oil prices, Morgan Stanley cautioned, could trigger non-linear and progressively larger impacts on growth, as the burden on households and firms intensifies over time.

Big Tech firms are pouring hundreds of billions of dollars into data centres amid strong demand for artificial intelligence, marking a shift from their long-standing reluctance to raise debt

If crude spikes to $150/bbl for a quarter, we see FY27 (GDP) growth at around 5.7 per cent, CPI inflation breaching 6 per cent and the CAD widening to around 3 per cent of GDP, Morgan Stanley said.

Morgan Stanley has laid off about 2,500 employees globally, even after reporting one of its strongest financial years.

Job cuts hit bank's three major business segments: Investment banking and trading, wealth management, and investment management

According to Morgan Stanley, India's trailing 12-month performance has been among the weakest historically, even as valuations approach previous troughs

Morgan Stanley, Goldman Sachs, Societe Generale, and Abu Dhabi Investment Authority, among others, on Wednesday collectively bought a 1.92 per cent stake in Ather Energy from the National Investment And Infrastructure Fund for nearly Rs 521 crore through open market transactions. ICICI Prudential Mutual Fund (MF), Tata MF, Invesco MF, Motilal Oswal MF, Aditya Birla Sun Life MF, WhiteOak Capital MF and Tata AIG Life Insurance Company Ltd also bought shares of electric two-wheeler maker Ather Energy, as per the block deal data available on the BSE and NSE. These entities purchased a total of 73,33,219 shares on NSE and BSE, representing a combined 1.92 per cent stake in Bengaluru-based Ather Energy. The shares were acquired at an average price of Rs 710 apiece, taking the combined deal value to Rs 520.66 crore. Meanwhile, the National Investment And Infrastructure Fund (NIIF) through its affiliate National Investment and Infrastructure Fund-II offloaded the same number of shares at t

Inexpensive relative valuations, strong policy stimulus and an emerging growth upcycle could support markets, the brokerage says

Morgan Stanley said the FY27 Budget backs growth through three pillars: a continued manufacturing push, stronger support for services and a renewed emphasis on capital expenditure

Morgan Stanley is pushing deeper into Asia as buoyant markets, a reviving Hong Kong IPO pipeline and rising trading volumes propelled the bank to a second consecutive record year in the region