Posts tagged BL
Stanley Lifestyles makes warm listing (28-06-2024)
Comfort zone. Stocks ends 28% higher sat ₹474 over IPO price
Lithium prices may come under further pressure as supplies rise (28-06-2024)
Market turns surplus as ramp-up of new production outpaces demand growth
Indian exporters body seeks fixed duty on white and broken rice than ban (28-06-2024)
Moots $30-120 a tonne duty on rice exports, urges similar treatment for parboiled rice too
Broker’s call: Eureka Forbes (Buy) (28-06-2024)
Elara Securities
Broker’s call: Ami Organics (Buy) (28-06-2024)
ULJK Research
Stanley Lifestyles makes strong stock market debut, but falls short of expectations (28-06-2024)
For existing investors, it is advisable to hold shares with a suggested stop loss of ₹450
Nomura’s top cement stock picks: Shree Cement, Ultratech, Ramco Cements, and Nuvoco (28-06-2024)
Nomura identifies aggressive expansion targets and stronger balance sheets of major cement players as key drivers for sector consolidation
Crude oil up on rising geopolitical tensions in West Asia (28-06-2024)
Israel stand-off with Hezobollah intensifies following the latter’s rocket, drone attacks
Reliance Industries Share Price Today Live: RIL gains over 1% in early trade, brokerages optimistic on growth (28-06-2024)
Reliance Industries share price live updates: Based on recent analyst reports, Reliance Industries Limited (RIL) is poised for strong growth driven by strategic moves in its telecom and energy sectors. Jefferies has upgraded its recommendation on Reliance Industries Limited (RIL) to “Buy” and raised its target price to Rs 3,580 following Jio’s implementation of tariff hikes ranging from 13% to 25%. These adjustments are expected to impact FY25-27 estimates positively, with anticipated revenue and profit after tax (PAT) compound annual growth rates (CAGR) of 18% and 26% respectively over FY24-27. The revisions include minor tweaks in RIL’s EBITDA forecasts for FY25/26 to reflect Jio’s performance metrics, highlighting the telecom segment’s pivotal role in driving overall growth. Reliance Industries stock traded at ₹3,109.80 on the NSE, higher by 1.59% as of 10.47 am.
Brokerages favour telecom stocks: Jio’s tariff hike signals market shift (28-06-2024)
Analysts anticipate Bharti Airtel and VI to follow Jio’s lead with expected tariff hikes of 20-25 per cent across plans, signalling a shift in competitive dynamics.