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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.
This smallcap aerospace stock could soar 91%, predicts Nuvama
Nuvama has initiated coverage on Aequs with a 'Buy' rating and a target price of Rs 444, implying a 91% upside. The brokerage expects strong earnings growth, backed by the company's $889 million order book, vertically integrated aerospace manufacturing capabilities, and long-term contracts with global aerospace OEMs.
Aequs Shares Could Nearly Double, Says Nuvama As It Initiates Coverage; Bets On Aerospace Growth
Nuvama has initiated coverage on Aequs with a 'Buy' rating and Rs 444 target price, implying 92% upside. The brokerage expects strong aerospace growth and an EBITDA surge through FY29.
RIL, BEL, Lenskart, Delhivery among Motilal Oswal's top monthly picks
Top monthly stock picks by Motilal Oswal Wealth Management Research Desk: Analysts are bullish on Reliance, Bharat Electronics, ACME Solar, Delhivery, Gokaldas Exports and Lenskart.
Bajaj Capital appoints Jai Bajaj as Managing Director and CEO
Bajaj Capital appoints Jai Bajaj as MD and CEO, marking a leadership transition to drive wealth management growth and digital transformation in India.
Cochin Shipyard among 5 F&O stocks with a sharp rise in futures open interest
Futures open interest in the NSE F&O segment rose sharply on June 11, with five stocks recording over 5% growth. Cochin Shipyard led the list, followed by Max Healthcare, Amber Enterprises, Nuvama Wealth, and Manappuram Finance, indicating fresh position build-up and heightened trading activity in select counters.
Nuvama gets nod for MF biz, eyes SIF foray; CMR Green shares up 29%
Nuvama gets Sebi approval to enter the mutual fund business, while CMR Green Technologies surges 29% on debut after a heavily subscribed IPO
Devang Mehta prefers capital market stocks over IT sector
Devang Mehta, Deputy MD & CIO-Equity at Spark Private Wealth Management, said India’s ongoing shift toward investing through mutual funds, PMS, wealth managers and capital market platforms offers a long-term growth opportunity. While remaining cautious on large-cap IT stocks due to weak growth visibility, he prefers capital market-linked businesses, power automation, engineering, manufacturing and discretionary consumption sectors, citing their potential to benefit from structural trends over the next three to five years. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Titagarh Rail Shares Rally After Nuvama Sees 30% Upside — Check Target Price, Outlook
The brokerage highlighted that Titagarh's order book remains healthy at around Rs 142 billion.
Nifty has a positive undertone, but Street waits for a decisive breakout
Nifty is trading in a consolidation zone between 23,200 and 24,050. Analysts suggest buying on dips with a target of 23,900. Key sectors like banking and auto are showing strength. Specific stock recommendations include Tata Power, Sona BLW, L&T, Indian Energy Exchange, Nuvama Wealth Management, and Syrma SGS Technology for potential gains.
Suzlon Energy shares rise after Q4 results. What are Motilal Oswal, Nuvama saying?
Suzlon Energy shares rose on the BSE on Monday despite the company reporting a 6% year-on-year decline in Q4 consolidated net profit to Rs 1,114 crore. Revenue from operations surged 45% YoY to Rs 5,468 crore, while profit jumped 150% sequentially from the December quarter.
Asian Paints, Devyani among top picks as consumption demand improves: Nuvama
Abneesh Roy, Executive Director of Nuvama Institutional Equities expects FY27 to be a stronger year for consumer-facing sectors as companies regain pricing power, competition in paints turns more disciplined and discretionary demand gradually improves across categories.