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UBS SWIGGY COVERAGE
UBS initiates coverage on Swiggy with a 'Buy' ratingThe risk-reward for the stock is attractive as it is valued at an estimated Enterprise Value (EV) to Revenue of 6.2 times, as against 9 tim...27 Nov, 2024, 05.43 AM IST- Prabhudas Lilladher cuts Nifty target to 27,381; reduces weight on RIL, three other stocks in its model portfolioThe revision reflects macroeconomic challenges such as persistent inflation, weak urban demand, and revised EPS projections for FY25–27, ac...26 Nov, 2024, 04.28 PM IST
- YES Securities initiates coverage on TIPS Music, sees upside potential of 18% with target price of Rs 1,050YES Securities has initiated coverage on TIPS Music with a "Buy" rating and a target price of Rs 1,050, suggesting an 18% upside from the c...26 Nov, 2024, 01.47 PM IST
- Fitch takes negative rating actions on Adani Group entities amid US bribery scandalFitch has placed several Adani Group infrastructure entities and bonds under negative rating watch, following the indictment of key executi...26 Nov, 2024, 12.51 PM IST
- Hitachi Energy shares rally 10% on winning order from Power GridHitachi Energy shares surged 10% after securing a Rs 25,000 crore HVDC project with Power Grid Corporation. The project aims to evacuate re...26 Nov, 2024, 11.07 AM IST
- Swiggy shares rally 4% as UBS initiates coverage with Rs 515 target priceSwiggy share price: Swiggy shares rose 4% after UBS initiated coverage with a 'buy' rating and target price of Rs 515, citing growth potent...26 Nov, 2024, 10.38 AM IST
- Good quality IPOs bringing FIIs back to India; power sector on a roll: Nitin RahejaNitin Raheja from Julius Baer Wealth Advisors discusses the influx of IPOs in the Indian market, and these are bringing back FIIs. Raheja a...30 Sep, 2024, 08.11 AM IST
- Exclusive: Flipkart-Zepto deal talks falter; quick commerce startup opts for financial investorsThe strategic sale discussions are unlikely to be revived. Quick commerce company Zepto is now in discussions for fresh funding at a likely...19 Apr, 2024, 10.40 AM IST
- A big comeback likely at Byju’s Aakash; TCS chief on growth outlookHappy Monday! An important comeback seems to be in the works at Byju's-owned Aakash Institute, linked to the completion of the latter’s two...16 Oct, 2023, 07.47 AM IST
- Digital lending at an inflection point, and other top tech, startup stories this weekThe digital lending sector in India is experiencing an inflection point after years of challenges. Industry-level NPAs are decreasing, cred...14 Oct, 2023, 07.35 AM IST
- Amazon's plan for Indian satcom space; Food delivery market overcomes seasonal weaknessAmerican tech giant Amazon is looking to enter India's growing satellite communication space and has sought approval from the authorities.10 Oct, 2023, 08.08 PM IST
- Zomato shares rally 8% amid large volumesZomato has been swamped with multiple concerns over its Blinkit business after the quick-commerce platform’s delivery executives went on a ...25 Apr, 2023, 01.41 PM IST
- Hot Stocks: Brokerages on Zomato, Titagarh Wagons, ICICI LombardBrokerage firm UBS maintained its buy rating on Zomato, B&K Securities initiated coverage with a buy rating on Titagarh Wagons, and Morgan ...19 Apr, 2023, 10.16 AM IST
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