Page 27 - The Smart Investor News

Eureka Forbes can double in 3-4 years, says Emkay; stock up over 2% today

Emkay initiated coverage on Eureka Forbes stock with a target price of ₹725, implying about 24 per cent upside.

YES Securities sees 40% upside in this hotel stock, initiates with 'Buy'

Analysts at Yes Securities said Samhi Hotels has a presence in key metro markets with upcoming capacity additions and a proven track record of asset turnaround

Nazara Technologies rises 20% in a year; brokerage sees 24% more upside

Nazara Technologies is well-positioned to benefit from the rapidly-expanding global and India gaming markets, according to analysts

QSR stocks rally: Domino's, KFC parent firms soar up to 7% on GST relief

Jubilant FoodWorks' stock rose 4.6 per cent, while Devyani International and Sapphire Foods India rose 4.2 per cent and 7.6 per cent, respectively

Footwear stocks cheer GST rejig; Bata, Campus, Metro Brands rally up 10%

The GST council in its meeting approved the proposal that footwear items up to ₹2,500 will be taxed at 5% while above ₹2,500 shall be taxed at 18%.

Auto stocks rally on GST 2.0; Emkay sees M&M, Maruti as top beneficiaries

Auto stocks surged after the GST Council slashed tax rates across the automobile sector. Analysts at Emkay Global pick M&M, Maruti Suzuki, Hero MotoCorp as top auto stocks to buy

What's the link between Bajaj Finance and GST 2.0? Stock rallies 5% today

Bajaj Finance is one of India's largest and well-diversified non-banking finance companies (NBFCs). The company provides loans for two wheelers, consumer durables, housing, SME & MSME businesses etc

HUL, Nestle: FMCG stocks rise up to 7% on GST reforms; analysts weigh

Nifty FMCG rose 2.66 per cent in early deals after the Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman on Wednesday, simplified the GST structure

Nifty Metal index surges 3%; why Tata Steel, SAIL rallied up to 6% today?

Metal stocks were in demand on Wednesday amid buzz that the government may reallocate non-operational iron ore mines held by SAIL and OMC.

Manappuram, Muthoot zoom up to 45% in 6 months; what's behind the surge?

The expanding market for gold backed loans in India - amid a shift in borrower preference towards gold loans - should benefit gold finance companies, analysts said.

HDFC Securities initiates 'Buy' on Aditya Birla Lifestyle; sees 28% upside

On a consolidated basis, HDFC Securities anticipates the company to clock 10/19 per cent revenue/Ebitda CAGR over FY25-28, building in 180/250 bps margin expansion over FY25-28/30

TBO TEK surges 15%, hits 6-month high; what's driving travel related stock?

TBO TEK stock rallied today after the company announced its plan to acquire US-based Classic Vacations from The Najafi Companies to expand its global reach into North America.

Ashok Leyland forays into battery ecosystem; Nomura analyses implications

Nomura noted that management remains mindful of internal rate of return (IRR) and intends to step up into full-fledged cell manufacturing only if reasonable returns are visible.

Kaynes Technology up 42% in a year; Motilal Oswal Wealth sees 11% upside

Motilal Oswal believes that electronic manufacturing services (EMS) companies like Kaynes Tech have strong ties with Chinese component manufacturers

Eicher Motors stock enters top 50 most-valuable club; up 18% in 5 weeks

Royal Enfield maker posts record August sales of 114,002 units, up 55% Y-o-Y

Balrampur, Rajshree zoom up to 20%; why sugar stocks are sweetening?

The government has allowed sugar mills, distilleries to make ethanol from sugarcane juice, syrup and all types of molasses without any restrictions on volumes in Ethanol Supply Year (ESY) 2025-2026.

Inox Wind shares rise 3%; why is JM Financial bullish on this stock?

Inox Wind shares rose 2.5 per cent on Tuesday and registered an intra-day high at ₹144.7 per share on BSE, after management raised its Ebitda guidance to 18-19 per cent

4 reasons why Motilal Oswal upgraded Phoenix Mills to 'Buy'; target raised

On the bourses, Phoenix Mills share has gained nearly 3 per cent over the past month, although it remains 4.5 per cent lower on a year-to-date (YTD) basis.

Nifty Auto index up 3%; Bajaj, TaMo gain up to 5%; what's behind the rally?

In the past one month, the Nifty Auto index has outperformed the market by soaring 9.5 per cent, as against 0.18 per cent gain in Nifty 50.

Ather Energy hits all-time high on unveiling new EL platform; buy or sell?

Ather Energy shares zoomed 14 per cent on Monday and logged an all-time high at ₹512.75 per share on BSE, after the company unveiled its highly anticipated all-new EL platform