Veteran investor Samir Arora, reacting to CLSA’s move to raise India’s allocation to 20% overweight while reducing China exposure, cautioned on social media platform X that investors should not get …
Shares of state-owned Power Finance Corporation (PFC) rallied nearly 9% to Rs 480 in Monday’s trade on BSE after the company posted nearly 9% rise in consolidated net profit at …
FMCG major ITC left investors little to chew on in its March quarter results with the shares falling nearly 1% to Rs 437.85 on BSE during the day but brokerages …
Brokerage firm CLSA downgraded Delhivery to underperform, Jefferies has a hold rating on Zydus Life and an underperform rating on Anupam Rasayan. Citigroup recommended a buy on Phonix Mills. We …
CLSA’s downgrade of Indian IT bellwether Tata Consultancy Services (TCS) and HCL Technologies did not go down well with the investors, triggering a selling spree in most IT stocks. Both …
Mumbai: Brokerage CLSA has reiterated its cautious stance on the Indian steel sector, citing pressure on profitability and higher valuations. The firm downgraded its ratings on Tata Steel and JSW …
Mumbai: Shares of Asian Paints slumped 3.9% on Monday after brokerage CLSA downgraded its rating on the stock to ‘sell’ following the entry of Birla Opus into the industry. The …
“So, basically, two years ago we started with very inflated multiples and slowly earnings are growing and multiples are falling. So, essentially from that perspective if you think about it, …