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Ather Energy shares rally 270% in one year, but Nomura sees 22% more upside. Here’s why
Nomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected to improve, with PAT breakeven anticipated in FY29.
How to trade TCS shares before Q1 results? Key levels and 5 things to watch out for
TCS shares exhibit weak technical momentum before upcoming Q1 results. Analysts anticipate flat sequential revenue growth and a profit increase. Key support lies around the 1,985-2,000 zone for traders. Brokerages expect margins to decline due to wage hikes and other factors. Investors will monitor AI's impact and deal wins for future growth.
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top Gainers - Equitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top GainersEquitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top Gainers - Equitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top GainersEquitymaster
India to remain among world's fastest-growing major economy, says IMF
India remains among the fastest growing major economies, with growth projected at 6.4 percent in fiscal year 2027, a tad slower than the 6.5 per cent projected in April, supported by strong momentum in private consumption and services activity, IMF noted in its latest update. IMFs flagship biannual report, the World Economic Outlook Update said that the projected performance of Indian economy is supported by strong momentum in private consumption and services activity. The IMF, in its update projected India to grow at 6.7 per cent in fiscal year 2028, an increase of 20 basis points from the 6.5 per cent growth projected in April.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
TCS shares dip 2% ahead of Q1 earnings today. What can shareholders expect?
Tata Consultancy Services shares declined as the company prepares to announce its first-quarter results. Analysts anticipate modest profit growth and weak revenue momentum for the IT bellwether. Demand for IT services remains soft due to economic uncertainty and client spending caution. Large deal ramp-ups and AI-led spending may offer some support to growth. The company's stock has experienced significant declines throughout the current year.
Aegis Logistics among 4 stocks that closed below VWAP
Four Nifty500 stocks, Balkrishna Industries, Aegis Logistics, PhysicsWallah and OneSource Specialty Pharma, closed over 3% below VWAP, highlighting bearish sentiment and weakening price momentum.
Premier Energies among 4 stocks showing bullish RSI upswing
Four stocks in the Nifty500 pack featured in the RSI Trending Up scan on July 8 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Ajit Mishra recommends buy on Aether Energy, Sun Pharma; sell on ITC
Ajit Mishra of Religare Broking says that Ather Energy and Sun Pharma have a given a upside breakout after a period of consolidation, while ITC seems to be losing momentum on charts.
Market Trading Guide: Ather Energy among 2 stock recommendations for Thursday
Indian markets declined sharply as rising crude prices, higher bond yields and renewed West Asia tensions hurt sentiment. Technical analysts recommended Alkyl Amines Chemicals and Ather Energy, citing bullish trends, strong momentum and favourable technical indicators.
Torrent Pharma among 6 stocks to hit 52-week highs & rally up to 25% in a month
Despite a sharp sell-off in the broader market, six BSE 200 stocks touched fresh 52-week highs, highlighting resilient investor confidence. The outperformers from retail, pharmaceuticals and energy sectors continued to show strong momentum, signalling sustained buying interest despite market volatility.