financetom
Market
financetom
/
Market
/
Titan, NTPC, Sona BLW and more: Monday's top brokerage calls
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Titan, NTPC, Sona BLW and more: Monday's top brokerage calls
Aug 20, 2023 11:46 PM

Titan | Macquarie has maintained an 'outperform' rating on Titan with a target of Rs 3,400 per share. It says it likes the company's attractive valuation for stake increase and continuation of most of the key management team.

Titan | HSBC has maintained a 'buy' rating on Titan with a target of Rs 3,580 per share. It says CaratLane's valuation increased to 30x under Titan's ownership.

Titan | JPMorgan has maintained an 'overweight' rating on Titan with a target of Rs 3,260 per share. It says the company is increasing its stake in CaratLane to 98 perent, value is accretive in medium term.

Titan | CLSA has maintained an 'outperform' rating on Titan with a target of Rs 3,270 per share. It says the acquisition of CaratLane is not likely to have a material impact on earnings.

Sona BLW | Citi has maintained a 'buy' raing on Sona BLW with a target of Rs 680 per share. It says the company's management focus is on returns, growth and margin.

NTPC | Goldman Sachs has maintained a 'buy' rating on NTPC with a target of Rs 275 per share. It says it foresees a revival in thermal capex as legacy coal business re-rates.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Experts decode food price index and outlook for gold in 2022
Experts decode food price index and outlook for gold in 2022
Dec 21, 2021
In this episode of ‘Commodity Champions’, Boubaker Ben-Belhassen, Dir - Trade & Mkts of UN FAO decode food price index and David Tait, Global CEO of World Gold Council talks about gold and outlook for gold in 2022.
Warren Buffett’s five best investments as Apple becomes world’s richest company
Warren Buffett’s five best investments as Apple becomes world’s richest company
Jan 5, 2022
Apple has topped a $3 trillion market valuation, proving to be one of the most lucrative bets Berkshire Hathaway (Warren Buffett's conglomerate) has made in the last decade. It is of note, however, that Buffett was initially averse to this tech stock. But thanks to Todd Combs and Ted Weschler, Buffett's investing deputies, he changed his mind. Now, Berkshire Hathaway is Apple's largest shareholder, outside of exchange and index traded fund providers. In fact, Buffett has called Apple Berkshire's third-largest business, changing his tune from calling iPhone a "sticky" product. From Coca Cola to American Express, here are Warren Buffett's other profitable investments. 
Asian stocks steady as investors focus on Fed policy
Asian stocks steady as investors focus on Fed policy
Jan 11, 2022
The fast spread of the Omicron variant of the coronavirus is also weighing on markets as US hospitalisations due to COVID-19 reached a record high on Monday.MSCI's broadest index of Asia-Pacific shares outside Japan slipped as much as 0.3 percent before trading steady.
US Fed to trim balancesheet; how will it impact global markets? Experts discuss
US Fed to trim balancesheet; how will it impact global markets? Experts discuss
Jan 6, 2022
In the latest FOMC meeting, Federal Reserve officials intensified their battle against the hottest inflation in a generation by shifting to end their asset-buying program earlier and signalling they favour raising interest rates in 2022 at a faster pace than expected.
Copyright 2023-2026 - www.financetom.com All Rights Reserved