Brokerage Research Reports share price target

In December20, OEMs like Maruti Suzuki (MSIL), Royal Enfield (RE), Ashok Leyland (AL), Tata Motors (TAMO), Escorts(ESC), M&M; (FES) has reported better than expected numbers and Hero Moto Corp (HMCL), TVS Motors (TVSL), Bajaj Auto (BJAUT) has reported below estimated numbers. Tractor OEM's like M&M; (FES) and Escorts sales improved as demand is driven fundamentally because restoration of channel inventory, govt. support in better procurement of Kharif crop and...

We expect HCLT, Infosys, Wipro to lead the growth in Tier-1 & LTI, MTCL, PSYS in Tier-2. We expect Infy & HCLT to revise their revenue & margin guidance upwards. We expect Wipro to give strong revenue guidance for...

We expect HCLT, Infosys, Wipro to lead the growth in Tier-1 & LTI, MTCL, PSYS in Tier-2. We expect Infy & HCLT to revise their revenue & margin guidance upwards. We expect Wipro to give strong revenue guidance for...

External position remains favourable

Both boards approve merger of JSHL into JSL Key highlights of proposed scheme The board of directors of Jindal Stainless (JSL) and Jindal Stainless (Hisar) (JSHL) have accepted the recommendations of the respective board committees and approved the merger of JSHL into JSL. The transaction between Jindal Stainless (Hisar) and Jindal Stainless Ltd is an all-equity merger. As per the approved share swap ratio, 195 equity shares of JSL will be issued for every 100 equity shares of JSHL. Furthermore, as per the...

After making a record high print in the previous quarter, 2QFY21 current account expanded to reflect a surplus of USD 15.5 bn amid some resumption in economic activity.

Infosys & Wipro are expected to register 2-18 bps improvement in EBIT margins due to lower travel cost, rationalisation and operational efficiencies partially offset by rupee appreciation. However, TCS & HCL Tech are...