Ardee Industries IPO: Reasonable valuations, strong fundamentals, and growth prospects make analysts bullish on the public offer.
MOFSL reiterated its 'Buy' rating on Restaurant Brands Asia with a target price of 125, signalling a 75 per cent upside from the last close.
Ather Energy share price: Analysts at Nomura said that Ather Energy remains their top pick in the EV two-wheeler space.
Elevated crude prices against the backdrop of the West Asia crisis remained the key factor that roiled the OMCs' Q1 earnings performance.
Urban Company remains well positioned to benefit from the long-term formalisation of home services, but the core business is largely reflected in current valuations, said MOFSL.
Maruti Suzuki's stock has declined 16.48 per cent year to date and has underperformed the BSE barometer, the Sensex, which is down 7.74 per cent during the same period.
Zerodha founder Nithin Kamath, in a recent social media post, explained that this move is aimed at curbing stock price manipulation.
The Nifty IT pack rebounded with an 18.4 per cent rise this month. Before this, Nifty IT's best show was in June 2020 when it rose 22.5 per cent.
Apple Inc management warned that supply constraints would intensify significantly from the June quarter.
Even if silver performs, we believe the weightage for gold could be higher in one's portfolio, said Manav Modi of MOFSL.
While brokerages called Bajaj Finance's Q1 performance spectacular, they remain dividend on the stock price performance amid valuation concerns.
Driven by price hikes of around 12 per cent during the quarter, Asian Paints posted a 40 per cent Y-o-Y growth in its net profit to ₹1,539 crore.
The debut was ahead of grey market expectations. Before the listing, Indo-MIM IPO's GMP was ₹187 per share, or 38.56 per cent.
Manipal Health IPO GMP is ₹10, suggesting a listing gain of less than 2 per cent at current levels. That said, analysts find it a compelling long-term bet.
Fed policy preview: The bigger risk for the market lies not in the rate decision itself but in the possibility of a more hawkish tone than markets currently anticipate.
Tata Chemicals share price: Hurt by lower realisations, reduced other income, and lower JV income, Tata Chemicals reported an 81 per cent decline in consolidated net profit to Rs 60 crore.
The sharp gains in IT stocks today follow easing valuations, a decent Q1 show, and an improving outlook after a sharp selloff this year.
The correction in chip stocks and concerns surrounding the AI trade have the potential to revive FPIs ' enthusiasm for Indian stocks.
Dr Lal PathLabs' share price jumped 8 per cent to a fresh 52-week high of ₹1,893.65 on the BSE today. The company has posted a better-than-expected Q1 show, prompting analysts to raise target prices.
IndiGo share price: Despite of a headline miss in Q1 earnings, analysts believe that IndiGo's structural story remains intact, prompting them to retain their ratings on the stock.