Why foreign analysts like Citi, Jefferies are suddenly turning bullish on India's gloomy marketsCiti has recently upgraded India to “overweight” status, as strategists forecast a significant upside driven by the country’s less demandin...
24 Feb, 2025, 08.32 PM IST
Can Zomato shares fall another 39% to as low as Rs 130? Macquarie thinks soShares of Zomato plummeted by as much as 9.3% to Rs 218.45 on the BSE, wiping out recent gains, as several brokerages downgraded the stock ...
21 Jan, 2025, 12.16 PM IST
Swiggy shares fall over 9% as Zomato numbers spoil near-term outlookSwiggy share price: In Q3, Blinkit's GOV grew by 27.2% QoQ, maintaining a strong growth trajectory. However, profitability faced pressure, ...
21 Jan, 2025, 10.40 AM IST
Zomato infuses Rs 500 crore in quick commerce platform BlinkitZomato has invested Rs 2,800 crore in Blinkit since acquiring the company for Rs 4,477 crore in an all-stock deal in August 2022. This late...
17 Jan, 2025, 01.56 PM IST
Rs 10,200 crore food bill! Zomato most bought stock of mutual funds in Q3Mutual funds invested Rs 10,200 crore in Zomato shares in Q3, making it the most bought stock. Mutual fund holdings increased to 16.42%, wh...
16 Jan, 2025, 10.04 AM IST
Microsoft’s $3 billion India AI bet; Mobikwik earningsMicrosoft announced a $3 billion investment in India to strengthen AI and cloud infrastructure. This and more in today’s ETtech Top 5.
07 Jan, 2025, 08.00 PM IST
Paras Defence shares rally 10% on getting license to make Light Machine GunsParas Defence and Space Technologies announced that it had obtained a license from the Department for Promotion of Industry & Internal Trad...
07 Jan, 2025, 10.51 AM IST
Zomato shares fall 5% following Jefferies downgrade, target price slashed to Rs 275Zomato share price: Shares of Zomato fell by 4.8% following Jefferies' downgrade of the stock from 'buy' to 'hold' and a 18% cut in the tar...
07 Jan, 2025, 10.38 AM IST
Hot Stocks: Brokerages on Nykaa, Zomato, Adani Ports and Cholamandalam InvestmentKotak Securities has downgraded Nykaa to "Sell" from "Add" and lowered the target price to Rs 190 from Rs 195. While Nykaa's portal excels ...
12 Sep, 2024, 09.17 AM IST
Sandip Sabharwal on how to play the market amid extended valuations and global volatilitySo, there are two plays. One, what has driven the speculative move in commodities? Has it been more about the dollar carry trade or the yen...
26 Aug, 2024, 11.13 AM IST
Hot Stocks: Brokerage take on TCS, Zomato, Federal Bank, ABB, Vedant Fashions and Prestige EstatesJefferies upgraded TCS post Q1 earnings, increasing its target. UBS reviewed Zomato, Federal Bank, and ABB India. Morgan Stanley reaffirmed...
12 Jul, 2024, 09.19 AM IST
Hot Stocks: Brokerage view on RIL, IIFL Finance, MGL and UltraTech CementCitigroup maintains buy rating on UltraTech Cement, downgrades MGL. Jefferies downgrades IIFL Finance, JPMorgan maintains overweight rating...
06 Mar, 2024, 10.31 AM IST
Hot Stocks: Brokerages view on Hindalco, Biocon, Schaeffler India and ZomatoBrokerage firm Nuvama maintained a hold rating on Hindalco, Jefferies downgraded Biocon to underperform, Elara Capital recommended an accum...
21 Feb, 2024, 09.58 AM IST
Hot Stocks: Brokerage view on Page Industries, Zomato, Lupin and ITCMacquarie maintained an underperform rating on Zomato with a target price of Rs 76. The company has seen steady margin improvements and str...
09 Feb, 2024, 09.53 AM IST
Zomato, Tata Motors, Mamaearth among top 21 bets for Jefferies as India prospects brightBesides, the brokerage has also shared the list of companies it remains bearish on given the challenges and risks to earnings growth. These...
22 Nov, 2023, 02.33 PM IST
Tata Motors, HDFC Bank among 12 stocks with highest upgrades after Q1 results. Which ones to buy?Within its model portfolio, Motilal Oswal is overweight on financials, consumption, and automobiles and underweight metals, energy and util...
18 Aug, 2023, 10.28 AM IST
Q3 results impact: Tata Motors, Zomato among over 35 stock upgrades and downgradesA team of analysts from global brokerage firm Jefferies has raised the FY23 earnings estimates for 47% of 147 companies under its coverage ...
21 Feb, 2023, 10.15 AM IST