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140% rally in 4 months! This smallcap aerospace stock soars 18% in 3 days to fresh lifetime high. Should you buy?
Aequs shares extended gains for a third straight session, surging over 18% during the rally to hit a record high after bullish initiations by IIFL Capital and Nuvama. The brokerages cited the company's strong aerospace manufacturing capabilities, robust order book and long-term growth prospects, with target prices implying up to 73% upside.
Adani Power's operating profit could compound by 20% over next three years, IIFL Capital projects
IIFL Capital expects Adani Power to expand its customer base beyond DISCOMs, foraying into firm power supply to commercial and industrial (C&I) customers.
IIFL initiates coverage on Adani Power with target price at Rs 240, estimates EBITDA to quadruple by FY33-35E
IIFL initiated coverage on Adani Power with a 'Buy' rating and Rs 240 target price. The brokerage forecasts EBITDA to quadruple by FY33-35E due to growth pipeline. Adani Power is building significant new coal capacity, expanding its operational base. Free cash flow from operations is expected to rise substantially after portfolio buildout. The company also plans future ventures into nuclear and hydro power generation.
IIFL initiates coverage on Adani Power shares. Should you buy? - livemint.com
IIFL initiates coverage on Adani Power shares. Should you buy?livemint.com
IIFL bullish on Thermax, CG Power and ABB; sees Dixon's Vivo JV largely priced in
Renu Baid Pugalia, Senior VP-Research at IIFL Institutional Equities, shares her outlook on Thermax, CG Power, ABB and Dixon Technologies, highlighting margin recovery, export opportunities and key growth drivers in the capital goods sector.
Stocks to watch: HDFC Bank, Torrent Power, IIFL Finance among shares in focus today; check list here
Stock market today: On Thursday, the Sensex advanced 109.25 points, or 0.14%, to close at 77,100.47, while the Nifty 50 gained 34.35 points, or 0.14%, to settle at 24,056.00
Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail Lighting
Indian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in the banking sector. Several companies are making headlines: JSW Infrastructure is raising funds for expansion, TCS will announce its quarterly results and a potential interim dividend, and Craftsman Automation's promoter plans a stake sale.
Large NBFCs could see 3-5% earnings upgrades as borrowing costs ease: IIFL Capital
Viral Shah, Senior VP at IIFL Capital, said that credit growth trends remain healthy and asset quality is holding up despite economic uncertainties. Shah remains positive on diversified lenders such as Shriram Finance and Cholamandalam Investment, while cautioning that gold financiers remain heavily dependent on movements in gold prices.
Welspun Corp to attend IIFL Invest India Conference in London - scanx.trade
Welspun Corp to attend IIFL Invest India Conference in Londonscanx.trade
Smallcaps rally! IIFL Finance, Hindustan Copper, Meesho, other stocks jump up to 7%
Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurred despite broader market caution, with the Nifty Smallcap 100 index showing robust gains. Experts remain optimistic about mid and smallcap earnings, viewing recent corrections as opportunities.
ideaForge shares surge over 17% after Q4 profit; IIFL sees 95% upside for drone-maker
Brokerage firm IIFL has issued a double-upgrade for the stock after its results, raising its recommendation to "buy" from "reduce" earlier, and also raised its price target to ₹1,187 from ₹271 earlier.
Tata Power shares have a 'meaningful re-rating opportunity' on these factors, IIFL says
Tata Power shares are trading at a 12-month forward Enterprise Value to EBITDA multiple of 10 times, which is lower than its long-term median of 11 times.