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Global brokerage firm Nomura has increased its target price for Zomato to ₹280 from ₹225 while maintaining a ‘buy’ recommendation. This new target suggests a potential upside of over 9 percent. Continue Reading »
Stock Market today: Jefferies has maintained it defensive stand now with HUL, ICICI, HDFC Eicher, TVS and L&T among their preferred picks. Check for 10 picks and 3 key reaosn for Jefferies maintaining defensive stand now Continue Reading »
For most FMCG companies, except Marico, revenue from Bangladesh constitutes between 2% and 5% of their total income, indicating that the impact on overall margins may be limited. Continue Reading »
In July, foreign investors invested ₹32,365 crore in Indian equities, driven by expectations of ongoing policy reforms, sustained economic growth, and a better-than-expected earnings season. Continue Reading »
The BSE Smallcap 250 index has experienced upward momentum post the COVID-19 crash in 2020. It has has surged 96 percent since April 2023 as against 34 percent rise in Sensex. Capitalmind warns that if earnings do not improve, there is a high probability of a price correction in the small-cap index. Continue Reading »
Unicommerce eSolutions IPO price band is set at ₹102 to ₹108 per share. The company aims to raise ₹276.57 crore from the book-built issue which is entirely an offer for sale (OFS) of 2.56 crore equity shares. Continue Reading »
Stock market today: Akums Drugs share price opened at ₹725 on the BSE and the NSE, deliverinbg around 6.50% listing gain to the allottees Continue Reading »