Shares of Larsen and Toubro (L&T) Ltd. declined on Tuesday, April 7, as brokerage firm JM Financial cut its price target by 6%. JM Financial has maintained its “buy” rating on L&T but has cut its price target to ₹4,380 per share from ₹4,655 apiece. This still implies 17.5% upside potential from its previous close….
Jewellery retailers delivered a strong set of fourth‑quarter business updates despite a sharp correction in gold prices from record levels, underscoring resilient consumer demand and robust wedding‑led buying. Gold has corrected nearly 26 per cent from its all‑time high of Rs 2,02,984 hit on January 29 to around Rs 1,50,474 currently, while spot gold prices…
Anupam Tiwari, Head of Equity at Groww Mutual Fund, expects a strong current quarter with limited impact from oil shocks so far, but flags risks from the next quarter onward. He remains positive on premium consumption, NBFCs, manufacturing exports and capex, while adding IT and premium real estate after corrections. He believes market fears may…
Shares of Godrej Consumer Products Ltd. gained around 4% on Tuesday, April 7, after the company’s Q4 business update signalled steady growth momentum across key markets. In India, the company expects to deliver double-digit underlying sales growth, supported by high single-digit volume expansion. Excluding soaps, volume growth continues to remain in double digits, while EBITDA…
Jubilant FoodWorks Share Price: Jubilant FoodWorks shares fell nearly 10 per cent after a mixed Q4 (Image: ET Now) No stock data available Jubilant FoodWorks Share Price: The share price of the BSE 200 stock, Jubilant FoodWorks, is in focus in today’s trading session, as the stock has plunged nearly 10 per cent following the…
Stocks to BUY, SELL or HOLD Today, April 7: Investors looking for opportunities in 2026 have mixed signals from top brokers. Maruti Suzuki remains a strong buy, with Goldman Sachs assigning a target of Rs 15,800, reflecting confidence in its growth prospects. Vedanta and Hindalco have also received upgrades to Buy from JP Morgan, with…
Godrej Consumer Products received bullish commentary from both Nuvama Institutional Equities and Goldman Sachs, reiterating their ‘Buy’ ratings on the stock, citing a strong domestic performance and improving growth momentum. Nuvama has maintained a target price of Rs 1,565, pointing to better‑than‑expected volume growth in India, while Goldman Sachs highlighted sustained earnings growth potential, supported…
The stock market saw notable moves today as several stocks emerged as top gainers and losers. Leading the gainers were companies that posted positive developments or benefited from sectoral momentum. These stocks recorded significant price appreciation, supported by higher trading volumes and positive investor sentiment.Meanwhile, the losers list featured stocks that came under pressure due…
Aluminium Stocks to Buy: JP Morgan has turned bullish on Indian aluminium producers, upgrading Vedanta and Hindalco to ‘Buy’ from ‘Neutral’ on expectations of sustained strength in aluminium prices and improving earnings visibility. The brokerage raised its target price on Vedanta to Rs 850 from Rs 680, implying a 22 per cent upside, and on…
“As a journalist, the details always tell the story” – this quote by American author and musician James McBride describes a scribe in a nut shell. Meet Shubhobrota Devroy, who carries this journalism sentiment in his heart. As an experienced business journalist, he is always on a steep learning curve in his profession. From macroeconomics,…
