Following the results, global brokerage firm Jefferies cut its price target on the stock to Rs 660 from Rs 700 earlier, maintaining a ‘Buy’ rating.
Fintech player Pine Labs has entered into a strategic partnership with the UAE’s leading digital financial platform, Wio Bank, to modernise its merchant acquiring infrastructure.
Jio Financial Services (JFS): The company has officially incorporated a new wholly owned subsidiary, Jio Alternative Investment Manager Ltd (JAIML), to spearhead its entry into the alternative investment space.
The addition of this new project effectively doubles the capacity at the Salboni site to 3,200 MW, transforming it into the company's largest single-location asset.
Stocks including HDFC Bank, Amagi Media Labs, HCL Technologies, United Spirits, Tata Steel, AU Small Finance Bank, Power Grid and more will be in the spotlight on Wednesday, January 21.
JSW Energy revenue is likely to jump 79 per cent YoY to Rs 4,368 crore, led by incremental contribution in generation from acquisition of KSK Mahanadi, Unit-II of Utkal TPP and Mytrah, JM Financial said.
Stocks including Reliance Industries, Titan, ONGC, YES Bank, IEX, Meesho, Lodha Developers, IRB Infra, Steel Companies and more will be in the spotlight on Wednesday, January 07.
Emkay Global Financial Services believes that the Indian equity market continues to remain in a consolidation phase as it has been trading in a 500-point range over the past 30 trading sessions.
The company plans to raise up to Rs 10,000 crore in one or more tranches through Qualified Institutions Placement (QIP) or other eligible securities.
The company’s portfolio continues to expand, with the total locked-in generation capacity now standing at 30.5 GW.
ICICI Securities said the current trajectory resembled the 2001–2004 phase, which preceded an exponential growth period. It likes State Bank of India, Axis Bank, Larsen & Toubro, BHEL, JSW Energy, NTPC and RIL.





