Jefferies has slashed its target price on Tata Consultancy Services to Rs 1,800 from Rs 2,275, its third cut this year, warning of AI-led revenue deflation. The brokerage retained an 'underperform' rating…
Manappuram Finance shares closed 3.67% lower at ₹354 on the BSE on August 12, erasing early gains despite reporting a 41% year-on-year rise in Q1 standalone net profit to ₹552 crore. The…
Finolex Cables shares closed nearly 6 per cent higher at Rs 1,278.90 on the BSE after hitting a fresh 52-week high of Rs 1,375. The rally followed strong Q1 results that beat…
Jefferies has overhauled its India portfolio, removing HDFC Bank, PolicyBazaar and REC and adding Multi Commodity Exchange (MCX), eyewear retailer Lenskart and Bajaj Finance. The changes are part of its Greed &…
Jefferies has removed HDFC Bank and PB Fintech from its India long-only portfolio, replacing them with MCX and Lenskart Solutions. Bajaj Finance takes the place of REC, while Eternal's allocation rises by…
Jefferies has initiated coverage of Kalyan Jewellers with a Buy rating and a target price of Rs 830, according to NDTV Profit. The target implies about 39% upside from the jeweller’s current…
Premier Energies reported a 50% rise in first-quarter profit, but its shares fell as much as 1.89% to Rs 1,022 before recovering slightly. The stock was down 0.9% at 9:45 am, NDTV…
