Leading brokerage firms have recommended buy and underweight ratings for various companies. Jefferies has maintained a buy rating with a target price of Rs 1100 for SBI Cards and Payment Services. JPMorgan downgraded Persistent Systems to underweight with a target of Rs 4100. Emkay recommends a buy rating on Karur Vysya Bank with a target price of Rs 165, while ICICIdirect recommends a buy call with a target price of Rs 200 on PCBL.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.