Synopsis: Nomura has maintained an “Accumulate” rating on Dr Reddy’s Laboratories Ltd, raising its target to ₹1,740, implying ~34% upside. The view is driven by a strategic shift toward branded drugs, improving margins, pricing power, and earnings quality. Lower...
Synopsis: Citi placed Cipla Ltd on a 90-day Positive Catalyst Watch, retaining a Buy rating with a ₹1,700 target, implying 20% upside. Growth is driven by a strong US respiratory pipeline, regulatory clearances, and recovery in India business. Earnings bottoming,...
Synopsis: Vedanta shares came under pressure after reports of a promoter stake sale through a block deal. The transaction follows the company’s recent demerger and has drawn investor attention. The shares of this large cap company majorly engaged in exploring,...
Synopsis: BEL secured new defence orders worth ₹1,081 crore, boosting its order book and strengthening future growth visibility across key defence segments. This Navratna Defence Stock, engaged in the design, development, manufacturing, and supply of advanced defence...
Synopsis: TCS is in a bearish phase, with mixed earlier brokerage views. While Jefferies and Citi remain cautious due to weak demand and valuation concerns, Nomura and Nuvama are positive on AI-driven growth and valuations. A sustained downtrend could pressure the...
Synopsis: India’s largest commercial vehicle maker said it has received over 3,400 orders for electric commercial vehicles, ranging from small commercial vehicles to trucks and buses, across sectors such as e-commerce, logistics, FMCG, cement, steel, mining and...
Synopsis: A major defence contract marks a historic first for Indian naval power generation, as a leading forging and engineering company secures a ₹425 crore multi-year government order to supply gas turbine generators to the Indian Navy. India’s push for...
Synopsis: A global IT major bets big on India’s sovereign AI space with a $150 million investment, earning a bullish reiteration from an international brokerage with a 38% upside target. India’s artificial intelligence ecosystem has been drawing serious...
Synopsis: The share of this company jumped 6 percent after a ‘Buy’ rating, driven by attractive valuations, strong outlook, 21 percent upside potential, and a sharp volume surge of nearly 394 percent. The shares of this company, which is one of India’s largest...
Synopsis: A much-anticipated strategy update from the India-owned British luxury carmaker left investors wanting more, sending its Indian parent’s shares into a sharp decline. Not every big announcement lands the way a company hopes. Sometimes, the more a...
