Brokerage firm Nuvama has a reduce call on Kotak Bank, while Goldman Sachs and Jefferies have a buy rating on HDFC Bank. Investec has maintained a sell call on PVR Inox.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Nuvama on Kotak Mahindra Bank: Reduce | Target price: Rs … Read more
HDFC Bank surged nearly 3% to Rs 1,650.7 in Monday’s trade on BSE after the country’s top private lender reported a standalone net profit of Rs 16,175 crore for the quarter ended June 30, 2024, which was up by 35% over Rs 11,952 crore reported by the bank in the year-ago period. However, it was … Read more
We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Zomato: Underperform| Target Rs 96Macquarie maintained an underperform rating on Zomato with a target price of Rs 96. The competitive intensity is rising. Multiple incumbent e-commerce platforms have announced renewed ambitions in Qcom. The global investment bank … Read more
Brokerage firm Kotak Institutional Equities upgraded Dr. Lal PathLabs, Investec maintained a buy rating on Godrej Consumer, CLSA maintained an outperform rating on HDFC Bank and Jefferies upgraded InterGlobe Aviation to hold. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Kotak Institutional Equities on Dr Lal PathLabs: … Read more
Brokerage houses such as CLSA downgraded Tata Steel to sell and M&M to outperform from a buy rating earlier. Morgan Stanley maintained an overweight rating on Apollo Hospitals and HSBC gave a buy tag to HDFC Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on … Read more
State Bank of India Share Price 675.25 04:03 PM | 07 Feb 2024 25.00(3.85%) Grasim Industries. Share Price 2111.50 04:03 PM | 07 Feb 2024 45.50(2.21%) JSW Steel. Share Price 836.60 04:03 PM | 07 Feb 2024 17.86(2.19%) HDFC Life Insurance Company. Share Price 605.15 04:03 PM | 07 Feb 2024 12.40(2.10%) Axis Bank. Share … Read more
Following a 14% downside seen in seven trading sessions after Q3 disappointment, shares of HDFC Bank on Monday jumped up to 2% to the day’s high of Rs 1,462.85 after investors took comfort in RBI’s approval to LIC to increase stake in India’s largest private sector lender to 10%. While the state-run insurance company may … Read more
Mumbai: Life Insurance Corporation of India (LIC), the country’s largest insurer, has received approval from the Reserve Bank of India (RBI) to increase its stake in HDFC Bank, the largest private lender in India. RBI has allowed LIC to acquire an additional 4.8% stake in HDFC Bank, raising its total stake to 9.99% by January … Read more
Oil And Natural Gas Corporation. Share Price 242.05 04:00 PM | 19 Jan 2024 8.50(3.64%) Bharti Airtel. Share Price 1125.00 03:59 PM | 19 Jan 2024 37.96(3.50%) NTPC. Share Price 308.45 03:58 PM | 19 Jan 2024 9.15(3.06%) Tech Mahindra. Share Price 1389.90 03:59 PM | 19 Jan 2024 34.75(2.57%) SBI Life Insurance Company. Share … Read more
Mumbai: The recent selloff of HDFC Bank shares by foreign portfolio investors could prompt a re-evaluation of its potential weight in the MSCI index. If foreign holdings in the private lender fall by 3.87% over their December holdings, it could result in the bank’s weightage on the global index increasing, according to analysts. This could … Read more