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JEFFERIES REPORT
TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...
US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: JefferiesThe United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI ...
Coal India shares fall 2% after Q1 results. What are Jefferies, other brokerages saying?Coal India shares fell after the state-run miner reported a marginal 1% year-on-year rise in Q1 FY27 consolidated net profit to Rs 8,852 cr...
ETtech Explainer: Why PhonePe’s UPI lead lags Paytm’s profitsPhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...
Flipkart to launch food delivery pilot in August: Kalyan KrishnamurthyET had first reported in February about Flipkart’s plans to foray into an industry dominated by Eternal-owned Zomato and Swiggy. On Friday,...
Hindustan Zinc names Amarendu Prakash as new CEO; quarterly profit more than doubles on strong metal pricesAmarendu Prakash will become Hindustan Zinc's new CEO on August 1. The company reported its first-quarter profit more than doubled from las...
Chris Wood warns of massive capital destruction in US as China challenges AI boomJefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-sou...
Flipkart may add food delivery to its product offeringsFlipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge established players like Zomato a...
AstraZeneca 'magic' faces rare test after trial failure, share slideAstraZeneca's nerve drug Wainua unexpectedly failed a late-stage heart disease trial. This setback has caused investor concern and impacted...
AI investment boom faces growing credit risks as hyperscalers ramp up debt: JefferiesInvestors are now scrutinising massive artificial intelligence infrastructure spending by major tech companies. Hyperscalers are increasing...
Infosys shares fall 3% as JPMorgan downgrades stock, Jefferies cuts target after Q1 resultsInfosys shares fell after global brokerages turned cautious following the company's Q1 FY27 results and a cut to the upper end of its reven...
HDFC Bank shares slide 10% in four days after Q1 results but brokerages see up to 40% upside. Here’s whyHDFC Bank shares have fallen nearly 10% in four sessions since its Q1 FY27 results despite reporting steady earnings growth. Brokerages rem...
Profit up 35%, shares down 15%: What went wrong at Bandhan Bank?Bandhan Bank shares hit the 15% lower circuit despite a 35% jump in Q1 profit, as investors focused on the lender's sharp cut to its FY27 R...
InMobi appoints JPMorgan, Jefferies for nearly $1 billion IPOThe SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported...
HDFC Bank shares fall for 2nd day but Jefferies, others brokerages remain bullish. Should you buy the dip?HDFC Bank shares extended losses for a second straight session after its Q1 FY27 earnings, but brokerages remain optimistic on the stock. J...
Cause for concern? HDFC Bank is lagging ICICI Bank where it matters as investors count Rs 5 lakh crore lossHDFC Bank's stock has declined significantly this year, losing considerable investor value. Analysts note a widening operating gap between ...
HDFC Bank CEO reappointment delayed by board review, sources sayHDFC Bank has delayed recommending CEO Sashidhar Jagdishan's reappointment to the Reserve Bank of India (RBI) as its independent directors ...
FIIs and mutual funds increase stakes in Groww. Should you buy, sell, or hold?Groww's parent, Billionbrains Garage Ventures, saw FIIs and mutual funds raise stakes in Q1FY27 as net profit surged 94% YoY, prompting Jef...
HDFC Bank shares crash 5%, wipe off Rs 70,000 cr from investor wealth. Why Jefferies, Nomura, others see up to 28% upside?HDFC Bank shares fell sharply on Monday after its Q1FY27 earnings failed to impress investors, wiping out nearly Rs 70,000 crore in market ...
After record $29 billion selloff, FIIs buying India again. Chris Wood explains whyAfter a record $29 billion foreign selloff, FIIs have turned net buyers of Indian equities in July. Jefferies' Christopher Wood says the ea...