[ad_1] New Delhi: Ahead of corporate earnings for the June quarter, foreign brokerages have come out with their reports on select domestic companies. While they remain mixed on the financials, the views on FMCG suggest a promising outlook for the sector. CSLA maintains its sales rating Because growth has slowed down from pre-covid levels. Its target price on the stock is Rs 5,000, indicating a decline of over 13 per cent from current levels. CLSA said customer acquisition is strong but AUM growth was in line with expectations and valuations…
Tag: Bajaj
HDFC AGM: Corporate Radar: Bajaj Auto, Biocon to turn ex-dividend; MMTC Q4 Earnings, HDFC AGM & More
[ad_1] New Delhi: Several board meetings and corporate actions are scheduled for Thursday. Shares of 19 companies – A-1 Acid (Rs 1.5 per share), Bajaj Auto (Rs 140 per share), Bajaj Finance (Rs 20 per share), Bajaj Finserv (Rs 4 per share), Bajaj Holdings (Rs 25 per share) ) share), Biocon (0.5 per share), Escorts Kubota (Rs 7 per share), Gandhi Special Tubes (Rs 10 per share), Larsen & Toubro Infotech (Rs 30 per share), (Rs 80 per share), (Rs 7.5 per share), (Rs 7 per share), PTL Enterprises (Rs…
Bajaj Auto News: Bajaj Auto gets sales rating post share buyback announcement
[ad_1] After the announcement of share buyback, Bajaj Auto Stock Received a rating cut from ‘Buy’ to ‘Sell’ from Broking. On the other hand, foreign brokerage City Citi maintained its ‘Sell’ rating on the stock. To be sure, out of 46 analysts’ recommendations over the counter, 30 are still buy calls, another 13 suggest a hold over the counter and Reliance Securities’ downgrade comes mainly on account of a possible slowdown in export business. On Tuesday, the stock gained 0.46 per cent to Rs 3880 per piece. On share buybacks,…