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ALLIED BLENDERS NOMURA REPORT
RBI may face two hikes, one dilemma as repo rate is seen hitting 5.75% soon: ReportThe Reserve Bank of India is projected to increase its repo rate by 25 basis points in October and December. Inflationary pressures, primar...- India can add over 100 million long-term investors by 2035: ReportAccording to an EY India report, India could add over 100 million long-term investors by 2035 as investing expands beyond metros and afflue...
- Azad Engineering shares jump 10% as company expands GE Vernova's manufacturing footprintAzad Engineering shares jumped after the company inaugurated two dedicated lean manufacturing facilities for GE Vernova’s Gas Power busines...
- BSE shares rise 2% ahead of Nifty 50 entry tomorrow. Top brokerages share mixed outlookBSE shares rose ahead of their Nifty 50 inclusion, with the move expected to trigger significant passive fund inflows. While Macquarie rema...
- Nifty Bank crashes 1,800 points in 2 days, slips below 54K for first time in 4 months. What’s next?Banking stocks have come under heavy pressure, with the Nifty Bank index plunging nearly 1,800 points in two days and slipping below 54,000...
- Nomura initiates coverage on Allied Blenders with Buy rating, sees up to 20% upsideNomura has initiated coverage on Allied Blenders & Distillers with a Buy rating and a target price of Rs 850, implying nearly 20% upside. T...
- Bharti Airtel, Vi shares rise up to 2% after Aug mobile subscriber data. Which is Nomura’s top pick?India added 55 lakh mobile subscribers in August, according to data from the Telecom Regulatory Authority of India. Reliance Jio continued ...
- Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...
- Great Eastern Shipping rises 3% as Nomura retains Buy; projects up to 28%. Here's whyGreat Eastern Shipping shares rose nearly 3% after Nomura retained its Buy rating and set a Rs 1,965 target, implying 28% upside. The broke...
- Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fearsNomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures ris...
- Eye on India cocktail, Suntory eyes 10-15% stake in Allied Blenders & DistillersSuntory Holdings, the renowned Japanese beverage company, is in discussions regarding a potential minority investment in Allied Blenders an...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vin...
- Iran awaits US response on Strait of Hormuz plan after Trump reportedly rejects dealIran awaited a US response to its proposal to reopen the Strait of Hormuz and halt fighting across the Middle East, after the Wall Street J...
- Meesho shares can fall 28%, warns Nomura after initiating coverage with Reduce call. Here is whyShares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% do...
- Market Trading Guide: Allied Blenders among 3 stock recommendations for FridayIndian equities ended higher as investors focused on domestic growth momentum despite crude volatility and geopolitical risks. For Friday, ...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US Treasury yields hit 19-year highs,...
- Stocks in news: Adani Group, OMCs, Persistent Systems and IRB InfraThe Indian stock market closed lower on Tuesday, with profit-taking affecting investor sentiment. Adani Group companies resolved their SEBI...
- Lenskart shares drop 3% after 3 crore shares change hands in block deal; Platinum Jasmine likely sellerLenskart Solutions shares fell over 3% to Rs 683 after a massive block deal worth Rs 2,047 crore saw 3.53 crore shares change hands. Platin...
- Allied Blenders and Distillers shares in focus after Telangana grants malt spirit manufacturing licenceAllied Blenders and Distillers is likely to be in focus after receiving a Telangana excise licence to manufacture malt spirits at its Ranga...
- PhysicsWallah among 5 Nifty500 stocks flashing bullish signalsFive Nifty500 stocks appeared on the White Marubozu bullish scanner on September 11, according to StockEdge technical scan data. The patter...
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