Page 19 - Tanmay Tiwary

Belrise Industries soars 13% in 2 days, hits record on Jefferies 'Buy' call

The northward move in Belrise Industries shares came after foreign brokerage Jefferies initiated coverage with a 'Buy' rating, and set a target price of ₹135, implying a potential upside of 31per cent

Delhivery rises 2% as MOFSL initiates coverage with 'Buy'; 18% upside eyed

Delhivery share popped after Motilal Oswal Financial Services (MOFSL) initiated coverage on the company with a 'Buy' rating and a target price of ₹460, implying an 18% upside.

Slowing growth and high valuations weigh on Trent stock performance

Trent shares fall 12% on weak Q1 growth; brokerages cite valuation mismatch, slowing momentum in fashion, and downgrade targets despite optimism on new verticals

DAC ₹1.05-trn nod spurs defence stocks; Paras, Astra, BEML jump up to 9%

The sharp rally in defence stocks today came after the Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh, approved 10 major capital acquisition proposals on Thursday.

Nuvama downgrades Trent to 'Hold' on slower growth outlook; stock bleeds 9%

The downgrade comes after Trent's AGM, where the company indicated that its fashion segment is expected to grow about 20% in Q1FY26E, considerably lower than its five-year CAGR of 35% over FY20-25.

Nomura maintains FY26 auto growth forecasts despite June wholesale miss

Tractors emerged as the lone outperformer, posting a robust 10 per cent Y-o-Y rise, ahead of Nomura's 6 per cent projection.

Morgan Stanley downgrades Dixon Tech to 'Underweight'; share price falls 3%

Dixon Technologies' share price came under pressure today after global brokerage Morgan Stanley downgraded the stock to 'Underweight,' even as it raised the target price to ₹11,563 per share.

Reliance Industries' solar leap prompts Nuvama's highest-ever target price

Nuvama forecasts that the company's 10GW module & cell capacity, to be fully operational by early CY26, could contribute an incremental ₹3,800 cr to consolidated PAT, equivalent to 6% of FY25 earnings

Torrent Pharma share pops 4% on ₹25,689-cr JB Chem deal; analysts cautious

Torrent Pharmaceuticals has signed a definitive agreement to acquire a controlling stake in JB Chemicals and Pharmaceuticals (JBCP) at a fully diluted equity valuation of ₹25,689 crore.

Nuvama sees mixed June auto sales; two-wheelers, tractors to outperform

June 2025 auto sales: Analysts at Nuvama cite rural demand and the ongoing marriage season as key drivers supporting two-wheeler and tractor volumes.

Why is Anand Rathi bullish on this defence firm? Ups target, sees 28% gain

The northward move in the Unimech Aerospace share price came after domestic brokerage Anand Rathi raised its target price to ₹1,610 per share, from ₹1,315 earlier.

Brokerages bullish on Nykaa's BPC growth, cautious on fashion outlook

Nomura described Nykaa's growth plans in the BPC segment as being "in line with our view," and highlighted the company's strong positioning in the premium beauty space.

Nifty IT worst performer so far in 2025, drops 10%; time to bottom fish?

Between December 31, 2024 and June 25, 2025 the Nifty IT index has slumped 9.90 per cent, in stark contrast to the Nifty 50, which is up 6.76 per cent during the same period, NSE data showed.

Titan rises 4% as Macquarie maintains 'Outperform'; top gainer on BSE, NSE

The northward move in Titan share price came after Sydney, Australia-based Macquarie reportedly maintained an 'Outperform' rating, with a target price of ₹4,150.

Nuvama upgrades IndiaMART to 'Buy'; ups target to ₹3,800 on growth revival

The brokerage has sharply raised IndiaMART's target price to ₹3,800 from ₹2,100, indicating an upside potential of 52 per cent.

85% of 2Ws to be impacted on ABS rule; Hero MotoCorp most exposed: Nomura

Nomura said Hero MotoCorp will be hit hardest, with 99 per cent of its sales from sub-125cc bikes. Honda India follows at 89 per cent, TVS Motor at 86 per cent, and Bajaj Auto at 72 per cent.

Goldman Sachs trims Q1 estimates on EMS, durables; turns positive on C&W

Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger fundamentals and growth visibility.

Air space closure, high oil price: How to trade IndiGo, SpiceJet shares?

Domestic brokerage firm Nuvama flagged key concerns, notably the potential impact of Israel-Iran tensions on global oil prices.

Analysts bullish on Trent on Zudio-led growth, Nuvama increases target

Trent's focused push on brand building, category expansion, and deeper market penetration-led by its flagship value retail brand Zudio-continues to find favour with analysts.

Brokerages cut EPS estimates, downgrade Voltas on weak RAC demand outlook

According to JM Financial, Voltas and the overall RAC industry saw a 20-25 per cent year-on-year (Y-o-Y) volume decline in April and May, primarily due to unseasonal weather.