Page 5 - Brokerages

Here's why Nuvama remains upbeat on Prince Pipes; Check target price here

Analysts attributed this outlook to India's burgeoning real estate sector recovery and robust infrastructure developments, which are driving demand for plastic pipe manufacturers like Prince Pipes

Groww's active client base tops 10 mn; becomes 1st broker co to attain feat

Zerodha Broking, which is the country's most profitable brokerage, has UCCs of 7.51 million, cornering an 18 per cent market share

Brokerages bullish despite BJP falling short of mandate in LS elections

Analysts expect India's macro stability to remain intact but see a hit to India's premium valuations

Nomura upgrades Eureka Forbes to 'Buy', sees 23% upside on cheap valuation

Margins, too, analysts at Nomura added, have multiple tailwinds from higher spare/ service revenue, direct-to-consumer sales, and operating leverage, which will drive expansion

Lok Sabha 2024 poll result on June 4:Brokerage expectation, market strategy

Here's how leading foreign and domestic brokerages have interpreted the Lok Sabha 2024 election-related developments thus far, their poll outcome scenarios and market strategy

Paytm drops 3% after Q4 loss broadens; check trading strategy here

The decline followed the company's announcement of its Q4 results, which fell short of market expectations. Paytm's loss widened to Rs 549.6 crore in Q4FY24

Brokerages mixed on Eicher Motors after Q4; check latest target prices

Overall, Eicher Motors reported promising numbers, with profits surging over 31 per cent to Rs 983.3 crore in Q4FY24, compared to Rs 747 crore in Q4FY23

Hero MotoCorp zooms 6% on robust Q4 performance; brokerages remain bullish

The company's reported better-than-expected gross margins but it was offset by higher, marketing spends toward EV and premium motorcycle segments during the quarter

Dr Reddy's Labs slumps 5% as brokerages give 'Reduce' call post Q4 earnings

The miss was driven by lower Revlimid sales, muted growth across markets and higher R&D spends. While the prevailing US tailwinds provide stability, absence of any meaningful approvals for Dr Reddy's

Broking industry aims to double customer count in 2 years: Dhiraj Relli

Relli delves into the broking house's journey and highlights key trends in the broking industry

Motilal Oswal Financial bonus issue plan buzz: Stock up 5%, hits record high

Thus far in the calendar year 2024, the stock price of MOFSL has appreciated by 76 per cent

Brokerage firm Groww seals top spot with nearly 23% market share

Rival Zerodha trails, market share slipped to 17.9 per cent

Steady Ebitda, mixed margins expected for capital goods firms in Q4

Many engineering and capital goods companies are currently executing multi-year high order books

Zomato hits new high in subdued market; stock zooms 55% thus far in CY24

In the past one year, Zomato's stock price has appreciated nearly four-times or 270 per cent from a level of Rs 51.75.

Mutual funds' equity buying hits record Rs 45,120 crore in March

Robust inflows amid mid, smallcap correction and large block deals

FY24's best-performing stock has more legs to run, say analysts

HDFC Securities foresees BSE derivatives market share breaching 30% by FY26; locks in target price of Rs 3,050

Brokerages see up to 25% upside for ITC post BAT stake sale

With today's sharp rally, technically ITC is seen trading close to its long-term moving average on the daily charts.

Jefferies suspends Paytm coverage amid uncertainty; shares jump 5%

Shares of Paytm gain for the second straight session

Data breach: No impact on biz ops, says Motilal Oswal Financial Services

Cybercrime group LockBit had claimed the attack on MOSL on its dark web site, according to a report by news portal TechCrunch

Q3 review: Listed AMCs on strong wicket but most positives factored in

The companies are likely to remain on the growth path in the coming quarters too, say brokerages