GAGA Share Market News

[hfe_template id='11223'] [ad_1] Brokerage firms are optimistic about Macrotech Developers, Titan Company, and Kalyan Jewellers. Synopsis Brokerages are optimistic about Macrotech Developers, Titan Company, and Kalyan Jewellers, citing strong fundamentals and growth prospects. Macrotech Developers shows a potential 31% upside, driven by robust pre-sales. Titan Company's jewelry sales grew significantly, with a 25% potential upside. Kalyan Jewellers experiences strong sales growth, supported by wedding demand, indicating a 28% upside. As the earnings season unfolds, brokerages remain upbeat on select stocks backed by strong fundamentals, consistent growth, and expanding market presence.We spotlight three top picks that have caught the attention of leading analysts. Macrotech Developers, Titan Company, and Kalyan Jewellers have each received bullish calls from reputed brokerages, citing robust sales momentum, aggressive expansion strategies, and favorable industry dyna...

[hfe_template id='11223'] [ad_1] IRFC Share Price 145.18 03:59 PM | 19 Nov 2024 6.9(4.99%) Suzlon Energy Share Price 62.22 03:59 PM | 19 Nov 2024 2.97(5.0%) IREDA Share Price 190.15 03:59 PM | 19 Nov 2024 2.63(1.41%) Tata Motors Share Price 783.2 03:59 PM | 19 Nov 2024 11.31(1.47%) YES Bank Share Price 19.56 03:59 PM | 19 Nov 2024 0.28(1.46%) HDFC Bank Share Price 1742.25 03:59 PM | 19 Nov 2024 37.16(2.18%) NHPC Share Price 80.01 03:59 PM | 19 Nov 2024 1.86(2.37%) RVNL Share Price 432.15 03:58 PM | 19 Nov 2024 15.95(3.84%) SBI Share Price 803.0 03:59 PM | 19 Nov 2024 -11.3(-1.39%) Tata Power Share Price 408.1 03:59 PM | 19 Nov 2024 3.41(0.85%) Tata Steel Share Price 139.46 03:59 PM | 19 Nov 2024 -1.75(-1.24%) Adani Power Share Price 524.1 03:59 PM | 19 Nov 2024 -2.75(-0.53%) PayTM Share Price 814.25 03:59 PM | 19 Nov 2024 30.36(3.88%) PNB Share Price 100.86 03:59 PM | 19 Nov 2024 0.33(0.33%) Zomato Share Price 271.36 03:59 PM | 19 Nov 2024 0.57(0.22%) BEL Share Price 279...

[hfe_template id='11223'] [ad_1] One of top performing sectors for more than a year, realty, is off its high point. Nifty Realty index, which represents a pack of top 10 real estate stocks, has declined 7% over the last three months, thanks to the election season which has slowed project approvals and launches. As markets are on a lookout for new winners with sectoral churing into effect, can it buck the trend to remain on top? Eight stocks in the Nifty Realty index have fallen in double-digits from their 52-week highs with the highest decline seen in Macrotech Developers (Lodha) at 23%. The next in line are Mahindra Lifespace Developers and Sobha which have corrected by 18% and 19%, respectively. Others including The Phoenix Mills, Sunteck Realty, Oberoi Realty, DLF, Godrej Properties, Brigade Enterprises and Prestige Estates have fallen between 17% and 7% from their 52-week top. Stocks like Prestige Estates, Sobha and Brigade Enterprises remain multibaggers despite the...

[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 164.06 09:21 AM | 17 Sep 2024 0.1(0.07%) One97 Communications Share Price 679.45 09:21 AM | 17 Sep 2024 -2.7(-0.4%) YES Bank Share Price 23.61 09:21 AM | 17 Sep 2024 0.11(0.47%) ITC Share Price 513.05 09:21 AM | 17 Sep 2024 1.95(0.39%) HDFC Bank Share Price 1668.65 09:21 AM | 17 Sep 2024 -2.3(-0.14%) Tata Motors Share Price 968.15 09:21 AM | 17 Sep 2024 -20.25(-2.05%) Zomato Share Price 275.5 09:21 AM | 17 Sep 2024 -2.2(-0.8%) Adani Enterprises Share Price 2977.95 09:21 AM | 17 Sep 2024 -6.96(-0.24%) Infosys Share Price 1944.25 09:21 AM | 17 Sep 2024 -6.0(-0.31%) Reliance Industries Share Price 2946.4 09:21 AM | 17 Sep 2024 3.71(0.13%) Adani Power Share Price 658.4 09:21 AM | 17 Sep 2024 -7.56(-1.14%) Vedanta Share Price 453.1 09:21 AM | 17 Sep 2024 6.81(1.53%) Indian Renewable Energy Development Agency Share Price 228.66 09:21 AM | 17 Sep 2024 0.28(0.12%) NHPC Share Price 96.06 09:21 AM | 17...

[hfe_template id='11223'] [ad_1] Shares of Macrotech Developers surged 5% to its day’s high of Rs 1,297.60 on BSE after the global brokerage firm Nomura initiated coverage on the stock with a buy rating and a target price of Rs 1,600, predicting a 30% upside potential. The global brokerage firm is positive on the stock’s future prospects given its solid earnings visibility with right capital- allocation strategies as the company expects pre-sales growth at 20% CAGR over FY25-26. Additionally, the company has ample potential to exceed business development (BD) goals to maintain future growth, thanks to strong operating cash flow (OCF) generation and relatively low net debt. The company is targeting an embedded ROE on projects to grow to 20% by FY26F. “We think the company’s township business (in the extended eastern suburbs of Palava and Thane) is due for rerating on volume growth as the region will likely see roughly one infrastructure upgrade per year going forward and ...

[hfe_template id='11223'] [ad_1] Brokerages such as Jefferies have maintained a "buy" and "hold" call on IOCL and Macrotech Developers, respectively, while Citi has a "buy" rating on GAIL. Goldman Sachs has retained a neutral view on Tata Consumer. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citi on GAIL: Buy | Target price: Rs 250 Citi has maintained a buy call on GAIL with a target price of Rs 250. In the Q1 results, transmission and trading drove a strong beat, while the gas transmission also reported strong volumes and margins. It was another solid quarter for gas trading as well, however, petchem and LPG were below expectations. Jefferies on IOCL: Hold | Target price: Rs 180 Jefferies has maintained a hold rating on IOCL and hiked the target price to Rs 180 from Rs 175 IOCL was ahead in Q1 results despite weak margins. Refining was below estimates and the margins are expected to rema...