Jefferies

Gold monetisation: Manappuram, MCX among Jefferies top stock picks

While gold has traditionally been a dormant store of value for Indian households, the current price upcycle is increasingly turning the asset into a source of liquidity through gold-backed loans.

Delhi Master Plan 2047 puts brokerages' spotlight on Max, Fortis, Medanta

For hospital operators, a Jefferies note said the MPD introduces several measures that could improve asset productivity and enable higher capacity creation in land-constrained areas.

Turtlemint shares up 5% as Jefferies turns bullish on POSP growth outlook

Jefferies initiated coverage on Turtlemint Fintech Solutions with a 'Buy' rating and a target price of ₹190. The target implies a 37 per cent upside from the stock's previous close of ₹138.92.

BSE hits 4-month low after Jefferies, Nuvama downgrade stock on CAS risks

Brokerages flag pressure from the closing auction session, weaker derivatives volumes and RBI bank guarantee norms, with BSE shares down nearly 9.3% in August so far

Indian Hotels, Tata Steel among key picks in Tata group for Jefferies

Jefferies favours Indian Hotels, Tata Consumer, Tata Steel and Voltas, while remaining cautious on TCS, Tata Motors Passenger Vehicles and Tata Power

InMobi appoints JPMorgan, Jefferies, Kotak and Axis for $1 billion IPO

The company has named JPMorgan Chase & Co., Jefferies Financial Group Inc. as well as local investment banks Kotak Mahindra Capital Co. and Axis Capital Ltd. for the IPO process

Digital payments boost fintech growth; wealth-tech leads profit pool

Sector's earnings jumped 22% in FY25 to ₹1.03 trillion

Multiple growth drivers could keep Polycab rally going despite valuations

At current price, company is trading at a steep 47 times its FY27 earnings

Jefferies favours defence, power equipment plays; L&T, HAL among top bets

Jefferies' top picks include Siemens Energy (SE), Hitachi Energy (Hitachi), Hindustan Aeronautics (HAL), Bharat Electronics (BEL), KEI Industries, and Larsen & Toubro (L&T)

Jefferies assigns Buy to Poonawalla Fincorp, says NBFC set for solid growth

Bhaskar Basu, Kamal Mulchandani, and Prakhar Sharma, equity analysts at Jefferies, expect PFL to deliver a 33 per cent AUM CAGR - the fastest among major NBFCs

Monthly SIPs to blame for rupee's slide and not CAD; Jefferies explains why

A potential valuation correction, artificial intelligence trade (AI) trade unwinding and the Strait of Hormuz opening for business, the note said, could stem these outflows

Jefferies downgrades Indus Towers to 'Underperform'; sees 14% downside

Jefferies has downgraded Indus Towers shares to 'Underperform', cutting target price to ₹375. The global brokerage stated renewal risks, rising capex, and pressure on earnings and valuations as risks

Jefferies calls Uno Minda a growth amplifier; initiates coverage with 'Buy'

While its 42x FY27E PE appears rich compared with the last five-year average of 43x, analysts believe the valuation is justified given its strong growth outlook, low margin volatility, and high ROE

Infosys, TCS: Jefferies downgrades Indian IT stocks, cuts earnings estimate

The global research and broking house has cut their earnings estimates by 1-4 per cent across IT firms and expects 6 per cent earnings CAGR over FY26-28.

From Jefferies to Goldman Sachs: Brokerages decode Budget 2026 fine print

Jefferies' industry discussions indicate up to 5 per cent volume impact, and estimate a 5 per cent decline in ADTO/orders for BSE/GROWW could result in 4 per cent earnings impact

Brokerage firm Jefferies initiates Groww at 'buy'; stock jumps 12%

The brokerage firm has set a price target of ₹180, implying an upside of about 12 per cent from current levels. Shares of Groww are already up 61 per cent over their IPO price

Jefferies backs Lenskart with 'Buy' despite muted market debut; here's why

The brokerage said Lenskart's vertically integrated omnichannel model; spanning design, manufacturing and retail; drives cost efficiency, faster delivery and a superior customer experience.

Jefferies says 'Buy' Amber, Syrma, 'Hold' Dixon amid PCB expansion plans

Amber and Syrma are primarily targeting printed circuit board (PCB) manufacturing, while Dixon is focused on backward integration in mobile value chains, specifically camera and display modules.

RIL, Bharti Airtel set to dominate India's $8bn data centre boom: Jefferies

India's data centre capacity is expected to quintuple to 8GW over the next 5 years, driven by rising internet traffic, growing adoption of AI & stricter regulatory mandates around data localisation.

Jefferies starts coverage on spirit stocks; Radico, United Spirits top bets

Jefferies has a target price of ₹2,800 per share for Radico Khaitan, ₹1,315 for United Spirits, and ₹620 for Allied Blenders