Avenue Supermarts, the parent company of the popular hypermarket chain D-Mart, has recently experienced significant selling pressure in its share price. Today, the shares plummeted by over 9%, marking the largest single-day decline since January 2019. While there has been some buying interest at these lower levels, the stock remains under substantial pressure, raising concerns ...
In the ever-evolving landscape of the telecom sector, foreign brokerage firm JPMorgan has released a comprehensive report outlining revised target prices for major players in the industry. The report specifically focuses on significant companies like Vodafone Idea, Bharti Airtel, Indus Towers, and Bharti Hexacom, reflecting optimism and growth potential in their respective markets. Overview of ...
The global brokerage firm UBS has maintained its ‘Buy’ rating on shares of TVS Motor Company and Eicher Motors. This decision comes amidst the fluctuating stock market and increasing competition in the automotive sector. Notably, UBS has pointed out that Hero MotoCorp’s shares are currently trading at a price-to-earnings ratio (P/E) of 26 times the ...