Meesho shares drop 4% after block deal worth Rs 900 crore. Should you buy the dip?
Meesho shares witnessed a dip on Wednesday after 3.86 crore shares changed hands in a block deal worth Rs 899.71 crore on the BSE. The transaction came a day after the stock surged nearly 10% following UBS’ 24% target price hike.
Clean Max shares surge 13% in 3 days as Macquarie initiates coverage with outperform rating
Clean Max shares: Macquarie initiated coverage on Clean Max Enviro Energy Solutions with an Outperform rating and a Rs 1,700 target price, implying 24% upside from current levels. The stock has gained 13% in three sessions, making Macquarie the second brokerage to initiate coverage after JM Financial.
SS Retail shares rally another 6% after bumper listing at 51% premium over IPO price. Buy, sell or hold?
SS Retail shares extended gains after a bumper debut, rising over 6% following a 50.73% listing premium on the BSE. With the stock trading at around 46.5x FY26 P/E, Swastika Investmart maintained a Neutral view, citing demanding valuations and limited margin of safety despite strong growth and profitability.
Hero Motors shares hit 20% upper circuit after lackluster debut. Should you buy, sell or hold?
Hero Motors shares staged a dramatic recovery on Wednesday, surging 20% to hit the upper circuit at Rs 98.40 after listing at a 2% discount at Rs 82. Despite strong IPO demand, analysts recommend holding existing shares with a stop-loss or waiting for price consolidation before taking fresh positions.
UBS upgrades Bajaj Finance shares, LT Finance as it sees NBFCs better placed than banks. Here’s why
UBS upgraded Bajaj Finance to Neutral and L&T Finance to Buy, citing improving asset quality and a revival in unsecured lending. The brokerage sees scope for re-rating as personal loan growth accelerates, liquidity remains supportive and funding conditions stay favourable. It also expects improving return on assets across select NBFCs.
Bajaj Finance shares jump 3% after UBS upgrades to Neutral, hikes target price while Jefferies screams Buy
Bajaj Finance shares jumped 3% on Wednesday following bullish brokerage calls. Global brokerages Jefferies and UBS issued positive outlooks, with Jefferies maintaining a Buy rating with a target of Rs 1,280, while UBS upgraded the stock to Neutral with a target price of Rs 1,100.
Sensex jumps 350 points, Nifty above 23,400 as oil dips below $99/barrel. What can trigger the next sharp rally on D-Street?
Indian benchmark indices gain up to 0.5% as metal and financial stocks support the market, while elevated crude prices and bond yields remain key constraints. Analysts highlight resistance levels and stretched midcap and smallcap valuations.
360 ONE WAM shares rise over 2% after appointing Jefferies India Head and MD as new CEO
360 ONE WAM appoints Jefferies India Country Head Aashish Agarwal as Group CEO, with founders Karan Bhagat and Yatin Shah taking focused leadership roles across strategy and wealth management.
Ola Electric shares soar 10%, stock rallies 86% in 6 months. More upside ahead?
Ola Electric shares surged nearly 10%, extending their three-session rally and gaining over 86% in six months from the March low. Brokerages, however, remain cautious amid weak volumes, lower margins and continued cash burn.
Arvind SmartSpaces shares rally 11% as bookings cross Rs 500 crore in Bengaluru project
Arvind SmartSpaces shares surged 10.83% after its Bengaluru project, Arvind Sylva – The Green Reserve, crossed Rs 500 crore in bookings within 30 days, achieving 60% value-based absorption. Located on Sarjapur Road, the premium project spans 4.7 acres with 375 residences. The stock has also shown strong recent momentum.