Page 4 - Goldman Sachs

Goldman Sachs cuts China GDP growth forecasts citing tariff impact

However, the report added that "even these significant easing measures are unlikely to fully offset the negative effects of the tariffs

Goldman Sachs expects major Chinese fiscal easing to counter US tariffs

Goldman said in a report on Sunday that the new tariff rates announced by US President Donald Trump would lower Chinese GDP growth by at least 0.7 per cent this year

Tata Consumer jumps 8% in trade; Goldman Sachs upgrades to 'Buy'; check TP

Goldman Sachs believes the company is poised for strong earnings per share (EPS) growth over FY25-27

Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts

The brokerage also lowered the world's largest economy's GDP growth forecast for 2025 to 1.5 per cent from 2.0 per cent and projected three interest rate cuts

MakeMyTrip, Titan: 10 stocks Goldman Sachs thinks can rise 23% in 12 months

Nifty 50 has corrected 10 per cent from its peak in September 2024, Goldman Sachs said, driven by cuts in EPS growth following a slower macro as well as a sharp correction in valuation multiples

Goldman Sachs acquires Samvardhana Motherson's shares worth Rs 87 cr

Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for Rs 87 crore through an open market transaction. American multinational Goldman Sachs through its arm -- Goldman Sachs (Singapore) Pte -- purchased 65.48 lakh shares of Samvardhana Motherson International, as per the block deal data on the BSE. The shares were picked up at an average price of Rs 132.7 apiece, taking the transaction value to Rs 86.90 crore. Meanwhile, Hong Kong-based asset management firm Kadensa Capital through its arm -- Kadensa Master Fund -- sold the same number of the shares at the same price. On Tuesday, shares of Samvardhana Motherson International fell 2.13 per cent to close at Rs 131.15 apiece on the BSE. Last month, Samvardhana Motherson International reported a consolidated net profit of Rs 879 crore for the third quarter ended December 31, 2024. The company reported a net profit of Rs 542 crore for the October-December quarter of the last fiscal. The

Goldman Sachs gives managers a choice: Dallas, Salt Lake City or leave

The bank is trying to send more managers to locales outside its main hubs in an initiative dubbed informally by some as 'Project Voyage'

Goldman Sachs Asset exits Sterlite Tech, sells 2.13% stake for Rs 84 crore

Goldman Sachs Asset Management on Wednesday divested a little over 2 per cent stake in Anil Agarwal promoted-Sterlite Technologies for Rs 84 crore through an open market transaction. Goldman Sachs Asset Management through its affiliate Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 1.03 crore shares, amounting to a 2.13 per cent stake in Sterlite Technologies, according to BSE data. The shares were offloaded at an average price of Rs 81.04 apiece, taking the deal value to Rs 84.10 crore. Meanwhile, Bandhan Mutual Fund bought 60.11 lakh shares or 1.23 per cent stake in Sterlite Technologies for Rs 48.69 crore. The shares were acquired at an average price of Rs 81 apiece. Details of the other buyers of Sterlite Technologies' shares could not be ascertained on the BSE. The stock of Sterlite Technologies fall 4.02 per cent to close at Rs 80.29 apiece on the BSE.

Trump tariffs meant to 'level the playing field', says Goldman Sachs CEO

Trump said on Monday he will impose a 25 per cent tariff on goods imported from Canada and Mexico, effective from today

Goldman Sachs exits ISGEC Heavy Engineering, sells shares for Rs 96 crore

Global investment banking major Goldman Sachs on Thursday exited ISGEC Heavy Engineering, by selling its 1.4 per cent stake in the company for Rs 96 crore through an open market transaction. US-based Goldman Sachs through its arm Goldman Sachs Funds -- Goldman Sachs India Equity Portfolio sold 10.43 lakh shares, or 1.42 per cent stake, in ISGEC Heavy Engineering, as per the bulk deal data available on the National Stock Exchange (NSE). The shares were offloaded at an average price of Rs 915.49 apiece, taking the transaction value to Rs 95.50 crore. Meanwhile, Nippon India Mutual Fund acquired 8.32 lakh shares, or 1.13 per cent stake, in Noida-based ISGEC Heavy Engineering. The shares were picked up at an average price of Rs 915 apiece, taking the transaction size to Rs 76.21 crore. Details of the other buyers of ISGEC Heavy Engineering's shares could not be ascertained. On Wednesday, shares of ISGEC Heavy Engineering slipped 1.37 per cent to close at Rs 938 per piece on the NSE.

US tariff hike may hit India's GDP growth by up to 0.6 pp: Goldman Sachs

This forecast considers various scenarios, including the US government's planned reciprocal tariffs in early April and the price elasticity of US demand for Indian exports

Goldman Sachs acquires BSE shares worth Rs 401 cr via market deal

Banking and financial services major Goldman Sachs on Wednesday bought shares of leading stock exchange BSE for Rs 401 crore through an open market transaction. According to the bulk deal data available on National Stock Exchange (NSE), US-based Goldman Sachs through its arm Goldman Sachs (Singapore) purchased 7.28 lakh shares of BSE Ltd. The shares of Mumbai-headquartered BSE were picked up at an average price of Rs 5,504.42 apiece, taking the deal value to Rs 401.19 crore. Details of the sellers of BSE shares could not be ascertained on the bourse. Shares of BSE rallied 8.14 per cent to close at Rs 5,608.50 per piece on the NSE on Wednesday. On February 6, BSE reported its net profit doubling to Rs 220 crore for three months ended December 2024. The company had posted a net profit of Rs 108.2 crore in the same quarter of preceding fiscal. The exchange recorded its highest-ever quarterly revenue of Rs 835.4 crore in October-December period of current financial year (FY25), a 94

Don't see Ukraine ceasefire boosting Russia's output, says Goldman Sachs

US President Donald Trump's administration said it had agreed to hold more talks with Russia on ending the war in Ukraine

GenAI to become immersive across our businesses: Goldman Sachs' Samtani

Samtani talks about Indian engineers and Generative AI (GenAI) in banking

Goldman Sachs sees Trump immigration moves shaving US economic growth

The analysts see net immigration to the US plummeting to 750,000 a year, shaving 30-40 basis points (0.3-0.4 percentage points) off potential gross domestic product growth this year

Weak demand weighs on Asian Paints Q3; analysts see more pain in near-term

Asian Paints' consolidated net profit attributable to the owners of the company declined 23.3 per cent year-on-year (Y-o-Y) to Rs 1,110.5 crore in Q3FY25, down from Rs 1,447.7 crore in Q3FY24

Trump's tariffs to have limited impact on oil, gas prices: Goldman Sachs

Potential tariff-driven decline in US natural gas imports from Canada is too small to significantly raise US natural gas prices, the bank said

President Putin allows Goldman Sachs to sell its business in Russia

Putin permitted Balchug Capital to buy the division, according to a decree he signed

Tata Consumer share up 5% despite muted Q3; tea inflation worries analysts

Analysts observed that Tata Consumer Products faced margin pressures primarily due to inflationary tea prices but continued to post robust volume growth across its beverage and food segments

Tata Motors Q3 disappoints, analysts lower targets, ratings; stock tanks 9%

Tata Motors' consolidated profit for Q3FY25 fell 22.4 per cent year-on-year (Y-o-Y) to Rs 5,451 crore, from Rs 7,025 crore in Q3FY24