TCS has reached an annual AI revenue run rate of $3.1 billion, now accounting for 10% of its total earnings. While this marks a significant shift in business focus, investors are weighing the pressure of its $1 billion annual investment...
Suzlon Energy posted a 26% revenue growth to ₹4,900 crore for Q2 fiscal 2027, but EBITDA margins contracted to 15% from 18.6% a year ago. The shift toward EPC projects, while boosting order execution, is impacting profitability. Investor...
Brokerage firm Prabhudas Lilladher has set a price target of Rs 16,674 for Apar Industries. The view is supported by a record Rs 120 billion conductor order book and rising demand from data centers. Investors should balance this growth o...
Brokerage firm Prabhudas Lilladher has raised its price target for Grindwell Norton to Rs 2,245, maintaining an 'Accumulate' rating. This update follows strong growth in the company's ceramics and plastics divisions and improved operatin...
Brokerage firm Prabhudas Lilladher has downgraded Blue Star to 'Accumulate' with a price target of Rs 1,783. While the company continues to see strong sales growth, particularly in air conditioners, rising commodity costs are putting pre...
Brokerage firm Prabhudas Lilladher has issued an 'Accumulate' rating on Pidilite Industries with a target price of ₹1,600. The report notes margin pressure but highlights resilient volume growth in the core business. Investors are closel...
Brokerage firm Prabhudas Lilladher has raised its target price for Restaurant Brands Asia to Rs 112, citing strong domestic performance in India. While the company's India operations are growing, persistent losses in the Indonesian segme...
Brokerage firm Prabhudas Lilladher has maintained a 'Hold' rating on Asian Paints while lowering its target price to Rs 2544. This revision reflects caution due to intense sector competition from new entrants and potential margin volatil...
Brokerage firm Prabhudas Lilladher has maintained a neutral stance on InterGlobe Aviation, highlighting the struggle between rising fuel costs and passenger ticket pricing. While the airline successfully raised yields by 34%, the broker...
Prabhudas Lilladher has increased its target price for Prudent Corporate Advisory Services following strong quarterly earnings and robust distributor network expansion. While the company continues to see strong SIP inflows, investors are...
Brokerage firm Prabhudas Lilladher has increased its price target for Hero MotoCorp to Rs 5,850. The upgrade reflects strong gains in market share, a focus on selling higher-value motorcycles, and improved performance in the electric veh...
Brokerage Prabhudas Lilladher lowered its price target for Indian Energy Exchange to Rs 112 from Rs 135. The revision follows concerns over weak growth in the Renewable Energy Certificate market and delays in implementing market coupling...
Rubber chemical producer NOCIL reported a quarterly revenue of ₹4.3 billion, a 33% increase from the previous year. Despite this growth, falling sales volumes and rising costs have led brokerage firm Prabhudas Lilladher to maintain a 'Ho...
ICICI Securities has increased its target price for Acme Solar Holdings to ₹520, citing progress in its battery storage capacity and new power supply contracts. The company aims to reach 12GWh of storage capacity by FY27. Investors shoul...
ICICI Securities has updated its price target for BlackBuck to Rs 675, citing strong growth in the telematics and core logistics segments. While the company's platform user base has expanded, investors are closely monitoring a dip in pro...
ICICI Securities has upgraded Embassy Office Parks REIT to 'Buy' with a price target of ₹478, following a 15% rise in net operating income for Q2FY27. The company’s strong leasing performance and projected dividend growth are key factors...
Brokerage Jefferies estimates the National Stock Exchange’s Electronic Gold Receipts (EGR) business could reach ₹1,260 crore in annual revenue by FY30. This projected growth depends on increased trading volumes and the planned expansion...
Godrej Consumer Products reported a 19% year-on-year revenue increase, supported by 8% underlying volume growth. Despite this, rising input costs squeezed profit margins, leading the company to reduce advertising expenditure. Investors a...
ICICI Securities has maintained its positive outlook on Hero MotoCorp, setting a target price of ₹6,000. The brokerage highlights strong festive demand, a recovery in export markets, and improved profit margins in the company's electric...
ICICI Securities has lifted its target price for One 97 Communications to ₹1,945, citing improved operational efficiency. The brokerage expects strong growth in financial services revenue, though investors remain focused on the company's...