Global brokerage firm JPMorgan remains constructive on PNB Housing Finance and IIFL Finance following meetings with the managements of the two companies, with the brokerage maintaining PNB Housing Finance as its top pick among housing finance companies and IIFL Finance as its preferred stock among gold lenders. JPMorgan highlighted several key takeaways from its meetings,…
Shares of Azad Engineering Ltd. gained on Tuesday, September 29, as brokerage firm Goldman Sachs reiterated its positive stance on the stock. The bullish call comes after Azad Engineering inaugurated two units for GE Vernova. Goldman Sachs maintained its “buy” rating on Azad Engineering with a price target of ₹3,315 per share, indicating an upside…
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Shares of Tata Group companies, generally associated with the potential listing of Tata Sons, namely Tata Chemicals, Tata Motors PV, and Tata Investment Corporation traded with losses that ranged between 3% to 4% on Tuesday, September 29, after the latest proposal by the Tata Trusts with regards to the future of Tata Sons. The latest…
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Shares of Kalyan Jewellers India Ltd. are in focus on Tuesday, September 29 after its management said it has a stronger growth outlook for the rest of the current financial year. As a result of the optimistic management commentary, brokerage firm UBS has maintained its “buy” recommendation on Kalyan Jewellers with a price target of…
