Analysts Maintain ADD Rating on HDFC AMC, Cites Strong Quarterly Performance
JM Financial keeps target price unchanged at Rs 2,900 as asset manager beats estimates with 4% PAT surprise JM Financial Institutional Securities has maintained its ADD rating on HDFC Asset Management Company (HDFC AMC) with an unchanged price target of Rs 2,900, following a robust third-quarter performance that saw theContinue Reading
Analysts Upgrade Infosys Target Price, Cite Strong Deal Wins and FY27 Growth Acceleration
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
Amagi Media IPO: Brokerages See Growth Potential in Cloud-Native SaaS Platform
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
Lemon Tree Hotels: Restructuring to Unlock Hidden Value
JM Financial maintains ADD rating with 175 rupee target as hotel chain splits into asset-light and property ownership platforms; Warburg Pincus backs spinoff with 9.6 billion rupee commitment Lemon Tree Hotels is embarking on a transformative restructuring that could significantly enhance shareholder value over the next 12 to 15 months.Continue Reading
HCL Technologies Upgraded to Buy by Axis Securities on Strong Deal Momentum
India’s third-largest IT services firm posts $3 billion in quarterly bookings; analysts see 13% upside as AI opportunities expand Axis Securities upgraded HCL Technologies Ltd. to buy from hold, citing robust deal wins and improving growth visibility as the IT services giant bets big on artificial intelligence to drive futureContinue Reading
After 20% Stock Plunge, Ixigo Gets Analysts Upgrade
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 attractiveContinue Reading
TCS Q3 Results: AI Services at $1.8bn Growing 17% QoQ, But Can It Drive Sustained Growth?
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 keyContinue Reading
DMart Stock Has 17-21% Upside Say Analysts, But Can Margins Hold At 8.1%?
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 steadyContinue Reading
Know Your IPO: Amagi Media Labs, Cloud Streaming Pioneer Eyes Rs 1,789 cr Raise
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 ofContinue Reading
Bharat Coking Coal IPO: Brokerages upbeat on India’s largest coking coal producer
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, andContinue Reading