DRChoksey Research has maintained a BUY on State Bank of India, setting a sum-of-the-parts target of Rs 1,272 against a market price of Rs 1,062, an upside of about 20 percent.
News in Focus
Featured, India Business, Analyst View, Stock Markets, Finance Sector, Fusion Finance, ICICI Securities, India
ICICI Securities has maintained a BUY on Fusion Finance, holding a target of Rs 240 against a ruling price of Rs 206, an upside of about 17 percent.
Motilal Oswal Financial Services has reiterated a BUY on Gokaldas Export, setting a target of Rs 1,110 against a ruling price of Rs 761, an eye-catching upside of about 46 percent.
Featured, India Business, Analyst View, Business News, Cement Sector, India, Motilal Oswal, Ultratech Cement
Motilal Oswal Financial Services has reiterated a BUY on UltraTech Cement, pinning a 12-month target of Rs 13,800 against a prevailing price of Rs 11,780, an implied upside of roughly 17 percent.
Featured, India Business, Analyst View, Hexaware Technologies, India, Motilal Oswal, Technology Sector
Motilal Oswal Financial Services has reiterated a Buy rating on Hexaware Technologies, maintaining its target price at Rs 720, implying roughly 26% upside from the current market price of Rs 570.
The blockade in Strait of Hormuz has impacted Petrochemicals, Plastics, Fertilizers and Industrial Gases and that has led to higher inflation in many countries.
Main Regional Stories
Indian economy has been growing fast but the exports do not follow the same trajectory. Indian government has taken some steps to improve the exports but more would be needed.
Featured, India Business, Analyst View, Stock Markets, Delhivery, ICICI Securities, India, Retail Sector
ICICI Securities has maintained a Buy rating on Delhivery Limited, keeping its target price at Rs 600, implying roughly 27% upside from the current market price of Rs 473.
ICICI Securities has maintained a Buy rating on Star Cement Limited, trimming its target price slightly to Rs 251 from Rs 260 earlier, implying roughly 26% upside from the current market price of Rs 199.
Motilal Oswal Financial Services has maintained its Buy rating on Godrej Consumer Products Limited (GCPL), keeping its target price unchanged at Rs 1,300, implying roughly 27% upside from the current market price of Rs 1,025.
