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Despite a 4% profit decline, three leading brokerages see 20-24% upside—unpacking the fundamentals that drove their conviction When ICICI Bank reported a 4% drop in quarterly profit two days ago, the initial reaction might have seemed concerning. But dig deeper into the numbers, and a different story emerges – oneContinue Reading

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The listing-day fireworks are real. But the long-term wealth creation? Well… India’s 2025 IPO market gave investors exactly what seemed promising: good opening-day gains. Two-thirds of the 108 mainboard listings popped on debut. Average first-day return? 9.2 percent. Retail investors who scored allocations felt like lottery winners. They should haveContinue Reading

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Asset-light expansion, RevPAR resilience, and a Clarks boost. The hotel chain isn’t just growing rooms—it’s rewiring how it makes money. Indian Hotels hit Rs 878 in November 2024. Then dropped 20% over two months. The fall looked like something broke. But the fundamentals kept building. Revenue grew 15%, EBITDA climbedContinue Reading

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There is a strong wealth destruction current under the calm and small caps are bearing a brunt of that India’s equity market appears untroubled. Benchmark indices have held their range, heavyweight stocks continue to attract steady flows. To the casual observer, it looks like a market taking a breather. ThatContinue Reading

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GST impact limited to 200 basis points as protection sales surge 70%; valuation concerns remain HDFC Life Insurance delivered a stable third quarter with total premium growth of 11%, but margin pressures from GST changes remained a drag on profitability. The private insurer reported total annualized premium equivalent (APE) ofContinue Reading

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JM Financial raises price target to Rs 1,930, maintains BUY rating on expectations of accelerating growth JM Financial Institutional Securities has upgraded its price target for Infosys Ltd. to Rs 1,930 from Rs 1,890, maintaining its BUY rating on the IT services giant following better-than-expected third-quarter results and positive managementContinue Reading

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Leading research houses recommend ‘Subscribe’ rating, citing compelling market opportunity and improving financials Amagi Media Labs’ Rs 1,789-crore initial public offering (IPO), currently open for subscription, has received some positive recommendations from leading brokerages which highlights its position in the rapidly growing media technology space and its recent turn toContinue Reading