Motilal Oswal upgrades IDFC First Bank to Buy, sets Rs 105 target
Motilal Oswal has upgraded IDFC First Bank to 'Buy' from 'Neutral', setting a target price of Rs 105 apiece. The brokerage expects the stock to rally about 23% from its last closing…
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Jio Prime return signals imminent tariff hikes
Reliance Jio has brought back its Jio Prime membership, charging Rs 300 upfront for a price lock until September 2027 on its entry-level Rs 299 monthly plan, effectively an 8 per cent…
Nifty 500 earnings up 13% in Q1, margins shrink on higher costs
India Inc's earnings grew 13% year-on-year in the April-June quarter (Q1FY27), according to a Motilal Oswal Financial Services report on Nifty 500 companies. Excluding oil marketing companies (OMCs), which posted a combined…
Indian banks in best shape in a decade, says Motilal Oswal
Indian banks have reached their strongest position in a decade, with gross non-performing assets (NPAs) near historic lows and capital buffers robust, according to Motilal Oswal Financial Services Ltd. The firm said…
Raamdeo Agrawal says Zepto IPO was premature as valuation halves
Market veteran Raamdeo Agrawal, an investor in Zepto, has called the quick-commerce company's IPO plans "premature" after it delayed its public listing amid valuation concerns. In an interview with The Economic Times,…
LG Electronics India shares surge 10% on strong Q1 earnings
Shares of LG Electronics India surged 10% on Friday, closing above Rs 1,700 for the first time since listing, after the company reported a 26.2% jump in Ebitda to Rs 904 crore…
