CLSA on Tata Power• Target: 249• Recommendation: Sell – U.S. $5.6 billion growth premium already baked in – Stock seen ahead of fundamentals on retail […]
Category: Brokerage Reports
Brokerage Reports: SBI, Paytm, Tata Motors, LIC HFL, Indigo, UPL, Aurobindo Pharma, etc
Bernstein’s Analysis on SBI: – Target: 710 – Brokerage Radar: Predicts ~5% YoY Net Interest Income (NII) growth due to deposit repricing. – RoA Impact: […]
Brokerage Reports: Paytm’s Future Post RBI’s Paytm Payment Bank Direction
Bernstein on Paytm RBI’s recent order essentially halts operations for Paytm Payments Bank (PPBL). This development is a clear negative, compounding existing regulatory concerns for […]
JPMorgan Analysis: S&P 500 Rally Echoes Dot-Com Bubble, Raises Concerns Over Market Concentration in 2024
JPMorgan’s quant strategists, led by Khuram Chaudhry, contend that the current S&P 500 rally shares notable parallels with the dot-com bubble, despite assertions of the […]
Finance Ministry’s January Economic Review: Projecting Robust 7% FY25 GDP Growth and Charting the Course to a $7 Trillion Economy
In its economic review for January, the Finance Ministry presents a positive outlook for India’s economic landscape. It anticipates that the real GDP growth for […]
Tesla Faces Downgrade from Brokerages Following Disappointing Q4 Earnings Report
• Tesla continues its trend of declining more than 13% following earnings reports, experiencing a 30% decrease in the past 6 months and a 25% […]
Market Sentiment Shifts: March 2024 Rate Cut Expectations Plummet to 42%
Investors are adjusting their expectations for a U.S. rate cut amid a robust economy and resistance from central bank officials. This reconsideration is influencing Treasury […]
SEBI Grants Extension: FPIs Get Additional Time for Compliance with Ownership Disclosure Norms
SEBI, the market regulator in India, had initially mandated FPIs with over 50% of their Indian equity AUM in a single group or holding more […]
Brokerage Reports: Zee Entertainment Ratings Downgraded, ICICI Bank Maintains Positive Outlook, and Citi’s Market and Budget Projections
• Zee Entertainment (CITI Research): – Target: 180 (previously 340) – Recommendation: Sell – Valuation multiple expected to decrease. – Non-operational concerns and increased competition […]
Sony Calls Off $10 Billion Mega Merger with Zee Entertainment After Two-Year Saga, Leaving Zee Vulnerable to Competition
Sony Group Corp. has formally informed Zee Entertainment Enterprises Ltd. of its decision to cancel the merger with its India unit, concluding a two-year acquisition […]
SEBI Chairperson Exposes Irregularities in IPO Subscription Figures to Inflate Premium: Three Merchant Bankers Under Scrutiny
SEBI Chairperson Madhabi Puri Buch disclosed that the capital markets regulator has identified three merchant bankers consistently engaging in inflating subscriptions during share sales. Speaking […]
IDFC FIRST BANK Q3 Financial Highlights: Robust Growth and Improved Asset Quality
Net Interest Income (NII): IDFC FIRST BANK reported a robust performance in Q3 with Net Interest Income (NII) standing at ₹4,287 crores, marking a significant […]