Last March when ports-to-cement billionaire Gautam Adani had his back against the wall following a short seller takedown on his conglomerate, Florida based GQG Partners took a $1.87 bet across three group companies. The investment decision to back the battered Adani Group stocks following Hindenburg Research’s scathing indictment was cutting against the grain — the …
Brokerage firm CLSA maintained a buy rating on RIL, Goldman Sachs downgraded ONGC, BPCL, and IOC. Jefferies has a buy rating on Godrej Consumer and Nuvama upgraded Infosys to buy ahead of Q3 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on RIL: Buy| Target …
“When you are able to make a 5% risk-free rate in the US, then that is obviously going to be something that will put equity valuations all over the world into a question mark, so that is one thing that we need to keep in mind,” says Mahesh Nandurkar, Head of Research & MD, Jefferies.What …
Brokerage firms such as Nomura upgraded Bajaj Finserv to a buy and initiated a buy rating on Birlasoft. Jefferies initiated a buy rating on Kfin Technologies and Geojit recommended an accumulate on V-Guard Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on Bajaj Finserv: Buy| …
Brokerage Jefferies has picked over two dozen stocks, including ICICI Bank, Tata Motors and Zomato as part of its India equity strategy, remaining most bullish on the financial stocks followed by consumer staples. One of the world’s leading investment and capital markets firm has cut its weight on the IT, energy and telecom sectors while …