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NUVAMA DOWNGRADE ITC
Everyone selling IT stocks after record crash, but this Rs 1.3 lakh crore mutual fund doing the exact oppositeWhile foreign investors fled India's IT sector, dumping Rs 17,000 crore in February, the PPFAS Flexicap Fund made a bold contrarian move. T...
Will Q3 earnings finally end 6 quarters of pain? 70 stocks to watch out for nowIndia's Q3 earnings season is set to deliver the strongest profit growth in two years. Brokerages forecast a sharp turnaround after six qua...
ITC shares in focus as stock hits 3-year low, brokerages downgrade after steep excise duty hike on cigarettesITC shares slid to a three-year low after a sharp tobacco tax hike triggered widespread brokerage downgrades. Analysts warn that higher exc...
ITC slides to three-year low as tobacco excise hike prompts brokerage downgradesITC shares plummeted to a three-year low following a government excise duty hike on tobacco products. Brokerages downgraded the stock, citi...
ITC shares plunge to 3-year low after tax bombshell: Is this a falling knife or hidden value?ITC shares slid to a three-year low after a sharp two-day, 14% fall triggered by a steep cigarette tax hike, prompting multiple brokerage d...
ITC hit by 6 brokerage downgrades as cigarette tax hike darkens earnings outlook. Should you buy, sell or hold?Brokerages have turned sharply cautious on ITC after the government’s steep hike in cigarette excise duties, triggering downgrades, earning...
Tax shocker makes Nuvama downgrade ITC shares, says cigarette prices can go up 20%Nuvama cut ITC’s target price to Rs 415 and downgraded the stock to hold after the government announced a sharper-than-expected hike in cig...
Rs 50,000 crore wiped out as ITC shares crack 10%, worst day in 6 years. Should investors buy the fear?ITC shares fell sharply on Thursday, erasing over Rs 50,000 crore in market value after a steep new cigarette tax spooked investors. The ex...
Buy, Sell or Hold: Emkay Global downgrades ACC; Nuvama maintain buy on M&MBrokerages offer mixed views on key Indian companies. Emkay Global downgrades ACC due to margin pressures and slower capex. Nuvama reiterat...
Q1 results led to Asia’s biggest downgrades but 5 brokerages have over 90 stocks in buying listDespite earlier earnings downgrades, brokerages anticipate a rebound in India Inc's earnings, potentially reaching double-digits after five...
AMFI reshuffle: Mazagon Dock and Radico Khaitan among 19 stocks which are upgraded in H2 CY25Mazagon Dock, Radico Khaitan, and Mankind Pharma are among 19 stocks upgraded in AMFI’s H2 CY25 market cap classification. The reshuffle, e...
AMFI reshuffle: Mazagon Dock, MCX among 19 stocks that may be upgraded in H2 CY25The upcoming AMFI categorisation may see about 10 stocks, including Indian Hotels, Lupin, and Mankind Pharma, upgraded to the largecap segm...
AMFI reshuffle: Mazagon Dock and Global Health among 18 stocks that may be upgraded in H2 CY25AMFI's upcoming rejig for H2 CY25 could see 18 stocks upgraded to large-cap and mid-cap segments, including Mazagon Dock and Global Health....
Small small but premium: FMCG bets on ‘access packs’ to boost demandCompanies like Hindustan Unilever, Britannia, ITC, and Colgate Palmolive are introducing smaller, lower-priced packs of premium products to...
Brokerages tweak model portfolios on lackluster Q2 earnings, list top stocks to buyMotilal’s top large-cap picks include HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India (SBI), HCL Technologies, Larsen & Toubro (L...
Market Wrap: Over Rs 4 lakh crore wiped off! Sensex tumbles 693 pts as HDFC Bank weighs heavyThe Indian equity markets experienced a downturn on Tuesday, with Sensex dropping 693 points, driven mainly by HDFC Bank's anticipated lowe...
Sun Pharma shares tumble 5% but brokerages raise target up to Rs 1,785. Should you buy, sell or hold?In Thursday's trading session on the BSE, shares of Sun Pharmaceutical Industries declined by 5%, reaching the day's low of Rs 1,467. This ...
Hot Stocks: Brokerages view on SBI Card, KPIT Technologies, JK Cement and ITD CementationInCred downgraded SBI Card to reduce from ADD earlier and has also slashed the target price to Rs 600 from Rs 1000 earlier.
Nearly one-third of BSE 500 cos’ EBITDA growth outpaced sales in Q1Data analysed by ETMarkets showed that as many as 154 companies that are part of the BSE500, have seen operating profit growing at a faster...
ETMarkets Smart Talk: Banks likely to deliver strong earnings growth for next few quarters: Ajay Vora"Looking at the current situation, domestic investors should continue to focus on the Indian market because that’s the biggest opportunity ...