Stocks to buy: Analyst pick Hindalco, Canara Bank and one more share to buy; Check full details
The ₹150-cr space allotment at Prestige Trade Centre stems from a 2020 insolvency resolution involving the defunct Ariisto Developers
Stocks with the sharpest EPS downgrades included IndusInd Bank, Adani Enterprises, Eicher Motors, ONGC, and Tata Motors, according to JM Financial
JM Financial share price: In Q4, the company's standalone profit after tax (PAT) increased 390 per cent to ₹134.55 crore as compared to ₹27.47 crore a year ago
While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war, Kapoor said
Shares of broking companies were under pressure on Monday on concerns that any significant volatility in the market's performance can directly put pressure on their overall income profile.
The analysts at JM Financial have assigned a target price of Rs 820 for Hexaware Technologies, an upside of 10 per cent from the listing price of the company's shares.
JSW Steel reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24
On the bourses, NTPC share price dropped as much as 2.84 per cent, hitting an intraday low of Rs 314.50 per share
Goldman Sachs reportedly has maintained a 'Buy' rating and increased its target price to Rs 12,580, up from Rs 12,460, citing volume recovery and lower costs contributing to margin improvement
Analysts have mixed views on TCS following its Q3FY25 performance, with several brokerages highlighting the company's growth potential despite near-term challenges
The rise in Nykaa share price was fuelled by a healthy December quarter (Q3FY25) business update
Administrative warning issued in relation to the IPO of Western Carrier (India)
The uptick in Piramal Pharma share price came after domestic brokerage JM Financial initiated coverage with 'Buy' for a target price of Rs 340
Meanwhile, according to a note by JM Financial, 66 per cent companies under their coverage saw earnings per share (EPS) cuts for FY25
JM Financial's subsidiary, JM Financial Products can now again offer loans against shares and debentures, according to a brief statement from the financial services group
JM Financial's non-banking unit can now immediately offer loans against shares and debentures, according to a brief statement from the financial services group
JM Financial on Friday said the Reserve Bank of India has lifted restrictions imposed on its subsidiary JM Financial Products Ltd with regard to financing against shares and debentures. "We wish to inform you that the RBI, vide its letter dated October 18, 2024, has lifted the restrictions imposed by it on the company (JM Financial Products Ltd) through its order dated March 5, 2024," JM Financial said in a regulatory filing. With this communication, the company is permitted to provide, with immediate effect, the financing against shares and debentures in compliance with all applicable laws and regulations, it added. On March 5, the RBI barred JM Financial Products Ltd (JMFPL) from giving loans against shares and debentures, including sanction and disbursal of loans for initial public offering (IPO) of shares with immediate effect.
Healthcare, pharma, tech to drive M&As in coming quarters
Based on expectations of the BPC company delivering robust numbers during the festive period this year, JM Financial has raised the target price on Nykaa with an upside of 15 per cent