India travel booking platform seen rebounding as airline disruptions ease; analysts see 29% upside to new price target JM Financial upgraded Le Travenues Technology Ltd., the operator of India’s ixigo travel booking platform, to buy from reduce, arguing the stock’s roughly 20% tumble since late November has created an attractive entry point for long-term investors. … Read more
JM Financial and HDFC Securities maintain buy ratings on muted revenue growth, banking on accelerating AI adoption and strong deal pipeline for FY27 recovery. Tata Consultancy Services delivered a quarter that has brokerages pointing to early signs of demand recovery, with artificial intelligence services and deal momentum emerging as key themes for investors tracking the … Read more
Avenue Supermarts posts strong Q3 FY26 profit growth with margin expansion, but same-store sales slip to 5.6% amid deflation and competition concerns. Avenue Supermarts posted quarterly results that divided analyst attention between strong profitability and a troubling slowdown in its core business metrics. The company added stores at a steady clip to generate headline revenue … Read more
Bengaluru-based SaaS firm to open book on Jan 14; targets ₹7,810 crore valuation despite losses Amagi Media Labs Ltd., India’s largest cloud-native broadcast technology provider, is set to launch its initial public offering on Tuesday, seeking to raise up to ₹1,789 crore ($214 million) as it rides the wave of streaming media’s explosive growth. The … Read more
Leading brokerages recommend ‘subscribe’ on the IPO citing strong market position, attractive valuations, and India’s growing steel demand, though caution on seasonal production risks Leading brokerages have issued positive recommendations on the Bharat Coking Coal Limited (BCCL) initial public offering, citing the company’s dominant market position, strong operational performance, and attractive valuation metrics. HDFC Securities … Read more
JM Financial analysts initiate coverage with REDUCE rating as India’s value commerce champion trades at premium valuations post-IPO JM Financial just dropped their first report on Meesho after the company’s December 2025 listing, and the thesis is fascinating: Meesho has built something genuinely important for Indian e-commerce, but the stock price already knows it. “Meesho … Read more
Morgan Stanley Report Shows Historic Shift Away from Gold and Property; Equity Investments Triple in Five Years Indian household wealth has swelled to a record $10.1 trillion, with families dramatically reshaping their portfolios by moving money from traditional gold and real estate into stocks and mutual funds at an unprecedented pace, according to a comprehensive … Read more
Indian equity markets have entered the new year on a high and an slippery footing, unsettled less by domestic weakness and more by renewed turbulence in global trade policy. The latest bout of volatility on Dalal Street is a reminder that in an era of integrated capital flows, tariff decisions taken thousands of miles away … Read more
Declining oil intensity, rising exports signal sustainably lower real interest rates ahead; household wealth shift accelerates India’s improving macroeconomic fundamentals are creating conditions for a structural re-rating of the country’s equity markets, with declining oil dependency, rising service exports, and stabilizing inflation setting the stage for a multi-year transformation in how global investors value Indian … Read more
Investment bank cites favorable valuations, growth momentum as catalysts for 13% rally by December 2026 Morgan Stanley is positive on Indian equities projecting the BSE Sensex will reach 95,000 by December 2026, a potential 13% upside from current levels, according to a strategy report released Monday that marks a significant shift in sentiment toward Asia’s … Read more