Page 2 - Emkay Global

Bajaj Auto gets mixed reactions from brokerages after muted Q3 results

Despite the strong export performance, the overall Q3 results were seen as somewhat lacklustre, leading to mixed reactions from brokerages

RBL Bank bleeds 6% as analysts cut target on weak Q3; stocks hits 52-wk low

RBL Bank reported an 86 per cent year-on-year (Y-o-Y) decline in net profit to Rs 32.6 crore for Q3FY25, mainly due to a surge in provisions

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Given the strong Q3 & recent correction in the stock, most brokerages remain optimistic about RIL' future prospects & potential in the stock. Emkay upgraded RIL to 'Buy', citing attractive valuations

Paytm share rallies 8% as Emkay upgrades to 'Buy' from 'Add', lifts target

The northward movement in the Paytm share price came after domestic brokerage Emkay upgraded the stock to 'Buy' from 'Add'. It also raised the target price to Rs 1,050, from 750 earlier

Most brokerages bullish on TCS post Q3; CLSA upgrades to 'Outperform'

Analysts have mixed views on TCS following its Q3FY25 performance, with several brokerages highlighting the company's growth potential despite near-term challenges

Rupee seen trading close to 85.80 per dollar by March end: BS Poll

Excessive intervention by the RBI could be counterproductive, particularly if other central banks allow their currencies to weaken, and could even affect rupee liquidity

Irdai's move to limit banca biz may stifle insurance sector growth: Emkay

Last week, reports suggested that Irdai is likely to bring in regulations to limit the overdependence of life insurance companies on their parent banks for business sources through bank channels

When will new RBI governor Sanjay Malhotra cut rates? Brokerages weigh in

Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation

Sensex gains over 3,000 points in two sessions. Time to buy, sell, hold?

While the rally on Friday of 1,961-points was mostly led by positive global cues amid some buying in Adani group shares, the up move on Monday was triggered by the outcome of Maharashtra polls

Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely

Emkay Global has raised the Nifty50 target to 26,000 for September 2025 on the back of rate cuts, revival in rural consumption, and earnings growth

Emkay initiates coverage on Adani Green, predicts strong returns from RE

AGEL has achieved a 41 per cent CAGR in operational RE capacity over the past five years

Paytm stock up 15% in two days on BSE amid heavy volume; what's happening?

In the past one month, Paytm stock has outperformed the market by zooming 25 per cent, as compared to 4.5 per cent rise in the BSE Sensex, data shows

Emkay Global sees 31% downside in Go Digit stock, gives 'Sell' rating

Go Digit stock: Go Digit's valuation at FY26E P/E of 49.6x and P/B of 5.9x seems to be building-in an optimistic outlook and ignoring the challenges, Emkay Global said

Central governments show fiscal prudence in Lok Sabha election years

Emkay Research study shows fiscal deficit trend much healthier than in FY19

Broking shares rally up to 20%; Emkay, Nuvama, Angel, MOFSL hit 52-wk highs

Emkay Global zoomed 20% to Rs 107.49, its highest level since May 2022 on the BSE, after reporting a consolidated PAT of Rs 9.69 crore in Q2FY24 against a loss of Rs 1.78 crore in Q1FY24

Govt expects Reserve Bank surplus to easily surpass Budget targets

Arora pegged the government's budgeted expectation just from the RBI dividend at Rs 38,000-40,000 crore for FY24, which is set to be easily crossed now

Emkay Global zooms 20% on Sebi's in-principle nod to enter MF business

The company said it has received in-principle approval from Securities and Exchange Board of India, Investment Management Department for sponsoring a Mutual Fund

Indian bank credit growth to be stronger in Q4FY23, says Emkay Global

The Indian banking sector performance was led by stronger than-expected credit growth after years of a lackluster performance, sharp margin uptick benefiting from the rate cycle

Cement companies mull price hike of Rs 10-30 per bag in November: Report

On a month-on-month (MoM) basis, prices rose by 2-3% in the East and South, and about one per cent in the West; while declining 1-2% in the northern and central regions, the report said

Weak volumes remain an overhang on Whirlpool stock; Q2 sales hit

Volatility in commodity prices and rise in competitive intensity are expected to weigh on margins