Synopsis:- The cement business is being consolidated into a single large platform with 107 MTPA capacity. A major brokerage sees 36% upside with a ₹750 target, supported by scale benefits, rising efficiency, and heavy capex that may turn net debt briefly before...
Synopsis: ICICI Securities, one of the top brokers in India, has picked two stocks, Akums Drugs Pharmaceuticals and Shriram Finance, highlighting an upside potential of up to 33%, driven by strong growth prospects and strategic market expansions. ICICI Securities is a...
Synopsis: Nuvama initiates Welspun Corp with a BUY of target Rs. 1,028 with 26% upside, citing strong earnings growth, capex-led expansion, margin improvement, Sintex turnaround, and a record Rs. 23,500 crore order book offering multi-year revenue visibility. This...
Synopsis: Morgan Stanley and Jefferies initiated coverage on Pine Labs with target prices of Rs. 260 and Rs. 300, implying 11% and 28% upside, respectively, forecasting high revenue CAGR and EBIT margin expansion to 20% by FY28 driven by affordability solutions. The...
Synopsis: VBL’s shares are in focus following its recent update on plans to acquire 100% of a South African company, and Citi maintains a ‘Buy’ rating on the stock with a target price of ₹675, implying an upside potential of 40% The shares of the Large-cap...
Synopsis: Adani Power is in focus after Morgan Stanley stated an overweight rating on the company, highlighting 23.7 GW capacity additions, better capital efficiency, strong funding visibility, and a healthy EBITDA outlook as the key reasons for the...
SYNOPSIS: This article explains how SpaceX’s planned IPO, targeting a $1.5 trillion valuation, could significantly increase Elon Musk’s net worth to $677 billion and make Google’s 7 percent stake worth $111 billion. It highlights the broader impact of the listing on...
Synopsis:- The NBFC is gaining traction after multiple Buy calls, with a target of ₹1,225, implying 36% upside. Strong institutional backing, a $4.4 billion capital infusion, 15.7% AUM growth, and steady Q2 performance continue to improve long-term growth visibility....
Synopsis: Brokerage houses have turned positive on a set of well-known companies across real estate, hospitality, apparel, consumer durables, and power. Stocks such as Lodha Developers, Leela Palaces Hotels & Resorts, Arvind Fashions, Crompton Greaves, Tata Power,...
Synopsis: Crompton Greaves Consumer Electricals is in focus after Kotak estimates that the stock would rise by another 56 percent, citing strong margin recovery and new business scaling to Rs 1,000 crore each within the next 24 months. The shares of this leading...