Page 2 - Jm Financial

Explained: How will implementation of the CoSS impact Swiggy, Eternal?

According to JM Financial Institutional Securities, in a worst-case scenario, the amount payable by Eternal and Swiggy towards the fund would work out to around ₹2.1-2.5 per order

Adani Green Energy newly rated 'Buy' at JM Financial; 18% upside seen

Over the years, according to JM Financial, Adani Green Energy has shown a strong track record in execution - adding almost 14 GW in the last 10 years

Power market coupling faces delay, unlikely before December 2027: Report

A J M Financial report says regulatory and procedural hurdles could delay India's proposed power market coupling until late 2027, affecting IEX's market share projections

Brokerages say 'Buy' Reliance Industries after Q2 show; check target here

RIL reported a consolidated net profit of ₹18,165 crore in Q2FY26, up 9.7 per cent year-on-year (Y-o-Y) but down 32.7 per cent quarter-on-quarter (Q-o-Q) from ₹26,994 crore in Q1FY26.

Zaggle Prepaid set to shine: JM Financial eyes 44% upside growth; details

On the bourses around 10:20 AM, Zaggle share price was trading 1.84 per cent lower at ₹345.90 per share. In comparison, BSE Sensex was trading 0.26 per cent lower at 82,112.30 levels.

Just Dial rings in a tepid September quarter; analysts keep a wary eye

On the bourses, Just Dial shares plunged up to 4.51 per cent to hit an intraday low of ₹820.85 per share on Q2 results.

JM Group entities pay ₹3.9 cr to settle regulatory lapses case with Sebi

JM Group entities -- JM Financial, JM Financial Services and JM Financial Products -- have settled with markets regulator Sebi a case of alleged irregularities in managing public issue of non-convertible debentures (NCDs) of Piramal Enterprises after paying Rs 3.92 crore. Additionally, JM Financial Ltd (JMFL) and JM Financial Services Ltd (JMFSL) disgorged illegal gains worth Rs 1.22 crore and Rs 1.33 crore, respectively, according to a settlement order passed by Sebi on September 19. Also, JM Financial has agreed to a voluntary three-month debarment from acting as a manager in any public issue of debt securities, effective from the date of the settlement order. Similarly, JMFSL will refrain from acting as a distributor in such issues for the same period, while JMPL has accepted a three-month ban on undertaking IPO financing activities. The case relates to public issues of NCDs during 2023. During the examination of one such public issue of NCDs of Piramal Enterprises, it was obser

Swiggy needs $500 mn war chest for quick commerce battle: JM Financial

JM Financial downgraded Swiggy citing widening losses and balance sheet stress, warning the firm needs over $500 million to sustain Instamart against Blinkit's rapid expansion

JM Financial downgrades CarTrade; stock bleeds 19%, 'Sell' call explained

Domestic brokerage JM Financial downgraded CarTrade to a 'Sell' rating from 'Hold' with a September 2026 target price of ₹2,350, implying around 14 per cent downside from current levels.

Angel One gets 'Buy' call; what makes JM Fin bullish after 20% YTD fall

JM Financial assigned a target price of ₹2,700 apiece on Angel One, implying an upside of 17.5 per cent from Friday's close

JM Financial downgrades defence, industrials; turns bullish on consumption

JM Financial also turned underweight on banks, NBFCs and insurance as disbursement growth is likely to remain weak in FY26

GST 2.0 to benefit QSR stocks like Jubilant, RBA, Devyani: JM Financial

GST 2.0 reforms may boost QSR demand as tax rates fall. Analysts see Jubilant FoodWorks, RBA, Devyani International, and Sapphire Foods gaining the most

JM Financial initiates coverage on ITC Hotels, sees 12% downside: Check why

JM Financial highlighted that ITC Hotels has delivered a 22 per cent CAGR in Ebitda over FY23-25, driven by strong RevPAR growth

JM Financial Q1 results: Profit jumps 166% to ₹454 crore on lower expenses

JM Financial on Monday reported a 166 per cent rise in consolidated net profit to Rs 454 crore for the June quarter of FY26. The financial services company had earned Rs 171 crore in the same quarter a year ago. Total income rose to Rs 1,121 crore during the June quarter 2025-26, from Rs 1,093 crore a year ago, JM Financial said in a regulatory filing. Total expenses declined to Rs 529 crore compared to Rs 849 crore in the April-June quarter of FY25. Net worth during the quarter has crossed Rs 10,000 crore. The transaction pipeline remains robust across businesses, reflecting the company's deep market engagement, Vishal Kampani, Vice Chairman and Managing Director of JM Financial Ltd, said. "In real estate loans and distressed credit, our focused recovery strategies have delivered strong results, and we remain committed to driving similar outcomes, going forward," he said.

JM Financial unit to sell 2.1% stake in JMFHLL to Bajaj Allianz Life

Under an investment agreement signed on August 9, 2025, JMFCSL will offload 13,646,000 equity shares in JMFHLL at ₹48 per share

Delhivery delivers in Q1: Stock hits 52-wk high, brokerages raise target

Brokerages remained bullish on Delhivery post Q1FY26 results, with most of them raising earnings estimates and target prices on the back of volume-led growth, improving margins, and positive guidance.

Dixon rises 4% on camera module foray; brokerages decode stock strategy

Nomura believes Dixon Technologies' latest move to acquire a 51 per cent stake in Q-Tech's India unit is strategically sound and earnings accretive.

Oberoi Realty-led group to pay Rs 919 cr to acquire bankrupt hotel firm

The resolution plan was approved by the committee of creditors (CoC) on July 14 following which a letter of intent was issued in favour of the consortium

JM Financial bets big on cables & wires; KEI Ind, Polycab among top picks

Rising trend of energy consumption coupled with ongoing urbanisation and robust expansion of data centres and electric vehicles (EVs), the future growth trajectory of the C&W sector looks promising

NFO alert! JM Financial MF launches Large & Midcap Fund; check details here

JM Large & Midcap Fund aims to generate long-term capital growth through investments in high-quality growth stocks