Goldman Sachs: Neutral on Ambuja Cements; Citi: Sell on PNB; UBS: Sell on Ambuja Cements, Buy on Federal Bank; Nomura: Buy on Macrotech; JP Morgan on Auto and More!

Goldman Sachs on Ambuja Cements Recommendation: Neutral, Target Price (TP) increased to Rs 640 (up from Rs 625). Q2 Analysis: Ambuja’s Q2 volumes and realizations […]

Vodafone Idea Shares Plummet 15% After Supreme Court Ruling on AGR Dues

Shares of Vodafone Idea dropped by as much as 15% on Thursday following the Supreme Court’s decision to uphold the Adjusted Gross Revenue (AGR) ruling […]

Nifty 50 Hits 25,000: Ten Key Stocks Drive 25% Surge, with Bharti Airtel and Reliance Leading the Way

India’s Nifty 50 index reached 25,000 for the first time in 220 sessions since hitting 20,000 on September 11, 2023. The benchmark index surged nearly […]

Bharti Hexacom’s IPO Hits $8.43 Billion: Surge in Demand Signals Telecom Sector Boom

Bharti Hexacom, an Indian telecom company, received bids worth $8.43 billion in its IPO, surpassing its offer size of $572 million. Investors bid for 1.23 […]

Bharti Hexacom Announces IPO with Government Share Sale: Check Financial Highlights and Operational Risks

Bharti Hexacom Ltd., a subsidiary of Bharti Airtel, is set to launch its initial public offering (IPO) through an offer-for-sale of shares by the government-owned […]

Bharti Airtel’s Strategic Move: Bharti Hexacom IPO and Government Exit Plan Unveiled

Bharti Airtel Plans Bharti Hexacom IPO: – Bharti Airtel is gearing up for an initial public offering (IPO) of its subsidiary, Bharti Hexacom. – This […]

JIO and Airtel Set to Increase Mobile Tariffs by 20% in Q3 2024, Focusing on 5G RoCE Enhancement

• JIO and Airtel are anticipated to raise mobile tariffs by a minimum of 20% in the September quarter of 2024. • This strategic move […]

Brokerage Reports: 15th December 2023

– CLSA on Insurance: – Notable change in regulator’s draft guideline focuses on surrender value calculation for non-linked savings policies. – New method likely to […]