CLSA

Dried branches of a tree stand outside Adani Corporate House in Ahmedabad, India, Friday, Jan. 27, 2023. Shares in India’s Adani Group plunged up to 20% on Friday and the company said it was considering legal action against U.S.-based…

New Delhi: Ahead of corporate earnings for the June quarter, foreign brokerages have come up with their reports on select domestic companies. While they remain mixed on financials, the views on FMCG suggest a promising outlook for the…

New Delhi: Global brokerages have turned positive on select Indian sectors as the companies have begun to provide updates for the June 2022 quarter performance. That said, some have a word of caution on infra plays. JP Morgan has maintained…

New Delhi: Global brokerage firm CLSA has released its reports on drugmaker and financial firm , wherein it is negative on the former and positive on the latter. On Lupin, the brokerage firm has an 'underperform' rating with a target price…

New Delhi: With volatility in the domestic equity markets increasing, global brokerage firms have turned negative on select underperformers of Dalal street. Credit Suisse has initiated its coverage on with a target price of Rs 510, which…

New Delhi: After the latest corporate actions by Indian listed companies, international brokerages have shared their outlook on them. JP Morgan has maintained overweight on , while Citi remains bearish on . CLSA, meanwhile, has positive…

New Delhi: Amid the ongoing volatility in the stock market, global brokerage firm BofA Securities is bullish on newly listed tech firm Delhivery and auto major . Meanwhile, CLSA has reiterated its positive view on while Morgan Stanley is…

Mumbai: Brokerages are bearish on the outlook for cement companies amid elevated costs and near-term inflation concerns. In a report on Monday, Jefferies indicated that all-India average cement prices fell 3% in May compared to the previous…

Credit Suisse (CS) has initiated coverage on Delhivery with an 'outperform' rating due to favourable industry structure and structural growth in e-commerce volumes. The same brokerage has maintained its 'underperform' rating on . CLSA said…

New Delhi: Global brokerage firm CLSA has come with a positive outlook on as many as three Indian stocks, across various consumer centric sectors. The Hong Kong headquartered firm is bullish on the companies like , and . On Tata Motors,…