Is TCS a buy after Q1? Here’s what brokerages say
While ICICI Securities retained its ‘Buy’ stance on TCS shares, Axis Securities and Jefferies assigned ‘Hold’; Nomura and Morgan Stanley gave ‘Reduce’ and ‘Equal Weight’ ratings, respectively.
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Blinkit, Zepto, Instamart, JioMart, DMart: Jefferies orders groceries to find best discounts
Quick commerce players offer the lowest discounts due to their focus on convenience.
This PSU railway stock hits all-time high; brokerages see up to 26% upside
On Friday, the PSU stock opened higher for the fourth straight session and gained as much as 5.47% to touch a fresh record high of ₹771.4 on the BSE.
Zomato stock rises 4.3% after falling 21% in 2 days; here’s why
Foodtech company Zomato Ltd approves allotment of 4.6 cr shares to employees at ₹1 apiece; Jefferies says ‘great case’ to buy
Zomato cracks 12% to all-time low, Jefferies says 'great case' to buy
Jefferies has a 'buy' rating on Zomato with a target price of ₹100.
Sensex to hit 1 lakh by FY27: Christopher Wood of Jefferies
To calculate the Sensex target, Wood made two assumptions that include a 15% EPS growth and an earnings multiple of 19.4 which is also a five-year average.
Jio Platform’s valuation may only be second to Amazon
According to a Jefferies research report, at an estimated valuation of $65 billion-$70 billion, the newly formed Jio Platform’s EV/Ebitda multiple could be ahead of Alibaba, Alphabet, and Apple.
