Shares of Bajaj Housing Finance fell 5% in intraday trade due to HSBC’s ‘reduce’ rating and Rs 110 target price, citing earnings slowdown and valuation concerns. HSBC noted potential pressure on RoA and slower AUM growth for the stock. They suggest alternatives among other NBFC peers with higher ROE and stable growth outlook.
Posts in category Economic Times
Bajaj Housing shares dip 5% after HSBC initiates coverage with ‘reduce’ rating, predicts 27% downside (07-10-2024)
Shares of Bajaj Housing Finance fell 5% in intraday trade due to HSBC’s ‘reduce’ rating and Rs 110 target price, citing earnings slowdown and valuation concerns. HSBC noted potential pressure on RoA and slower AUM growth for the stock. They suggest alternatives among other NBFC peers with higher ROE and stable growth outlook.
Buy Vedanta, target price Rs 600: ICICI Securities (07-10-2024)
ICICI Securities has buy call on Vedanta with a target price of Rs 600. The current market price of Vedanta Ltd. is Rs 499.45.
Buy Vedanta, target price Rs 600: ICICI Securities (07-10-2024)
ICICI Securities has buy call on Vedanta with a target price of Rs 600. The current market price of Vedanta Ltd. is Rs 499.45.
China stock skepticism gets louder amid world-beating run (07-10-2024)
Invesco, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings are among those viewing the recent rebound with skepticism and waiting for China to back up its stimulus pledges with real money.
China stock skepticism gets louder amid world-beating run (07-10-2024)
Invesco, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings are among those viewing the recent rebound with skepticism and waiting for China to back up its stimulus pledges with real money.
Share price of Max Healthcare jumps as Sensex gains 114.43 points (07-10-2024)
Promoters held 23.74 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 56.98 per cent and 12.19 per cent, respectively.
Share price of Max Healthcare jumps as Sensex gains 114.43 points (07-10-2024)
Promoters held 23.74 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 56.98 per cent and 12.19 per cent, respectively.
Learn with ETMarkets: Spot gold at its all-time high. Know how to trade using RSI and economic data (07-10-2024)
Gold prices achieved significant gains this year, almost 20% domestically and 30% internationally. Key factors influencing these prices include central bank buying, global economic conditions, the dollar index, economic data, and geopolitical tensions. The use of the RSI indicator is recommended for trading Gold effectively. Gold continues to be a popular investment, especially during economic slowdowns and crises.
Learn with ETMarkets: Spot gold at its all-time high. Know how to trade using RSI and economic data (07-10-2024)
Gold prices achieved significant gains this year, almost 20% domestically and 30% internationally. Key factors influencing these prices include central bank buying, global economic conditions, the dollar index, economic data, and geopolitical tensions. The use of the RSI indicator is recommended for trading Gold effectively. Gold continues to be a popular investment, especially during economic slowdowns and crises.