Brokerage firm BofA Securities has given a buy rating on Muthoot Finance and Zomato, and a neutral rating on Bandhan Bank and Divi’s Laboratories. The global investment bank has maintained a buy rating on Muthoot Finance with a target of Rs 1200 and upgraded Zomato to buy with a target price of Rs 85. On the other hand, BofA Securities maintained a neutral rating on Bandhan Bank with a target price of Rs 280 and Divi’s Laboratories with a target price of Rs 3250. Morgan Stanley also maintained an overweight rating on Delhivery with a target price of Rs 370 post March quarter results.
Kalyan Jewellers Q2 Results: Net profit jumps 64% YoY to Rs 427 crore, revenue rises 31%
Kalyan Jewellers reported a 63.6% YoY rise in consolidated net profit to Rs 427 crore in Q2FY27, while revenue grew 31.4% to Rs 10,323 crore.