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JPMorgan’s Rajiv Batra cuts Nifty target to 27,000; stays cautiously optimistic on equities
Rajiv Batra, Head of Asia & Co-Head of Global Emerging Markets Equity Strategy at JPMorgan, said the firm has lowered its earnings growth estimate by 2 percentage points, now expecting around 11% growth for CY26 and about 12% for CY27, implying a CAGR of roughly 10.5–11% over the next two years.
7 Nifty 500 stocks with up to 60% upside potential. Do you own any?
Analyst estimates highlight select Nifty500 stocks with 50% to 60% upside potential over the next year. Driven by strong revenue growth and broad analyst coverage, stocks like Sapphire Foods, Inox Wind, and Swiggy emerge as high-conviction breakout candidates in market outlooks.
Aditya Birla Real Estate announces early repayment of ₹250 crore NCDs
Aditya Birla Real Estate will redeem ₹250 crore worth of 8.05% non-convertible debentures early by exercising a call option, with May 4 set as the redemption date. Shares of Aditya Birla Real Estate Ltd ended lower on Thursday, April 9, by 2.07% at ₹1,289.40 on the NSE.
Aditya Birla Capital among 6 midcap stocks flash bullish signals, indicating possible uptrend
On April 8, six NSE midcap stocks, including Aditya Birla Capital, formed White Marubozu bullish candlestick patterns, signaling strong buying pressure and a potential uptrend, highlighting trader optimism for continued price momentum.
Advent gets CCI nod to pick up 14.3% stake in Aditya Birla Housing Finance
The Competition Commission of India has approved Advent International's proposal to acquire a 14.3% stake in Aditya Birla Housing Finance. This move involves a significant capital infusion into the housing finance subsidiary. The CCI also cleared other acquisitions, including Citrus Investment LLC's increased shareholding in Hitachi Construction Machinery and Indus Infra Trust's acquisition of KNR SPVs.
Birla Estates garners sales of Rs 1,600 cr from Birla Arika Phase 2 project
Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate (ABREL), has achieved bookings exceeding Rs 1,600 crore for its luxury project, Birla Arika Phase 2 in Sector 31, Gurugram. Nearly 97% of the residences-152 of 156 units-were sold within a month of launch, underlining strong buyer confidence in the brand's luxury developments in Gurugram.
Right policies can help bring idle household gold into the market
Indians hold significant idle gold. Unlocking this gold could ease economic pressure by reducing reliance on imports. A two-year-old brand, Indriya Aditya Birla Jewellery, sees increased gold exchange contributing to sales. The company focuses on design and quality, catering to women of all ages. Indriya also plans to expand its natural diamond business, seeing growth potential in the Indian market.
Nifty 50 can crash to 21,000 if crude oil prices remain around $100 for next 3-4 months amid US-Iran war: Seshadri Sen
Seshadri Sen of Emkay Global cautions that Nifty 50 could crash to 21,000 if oil prices remain above $100 for 3-4 months. However, he expects the situation to reverse once crude oil prices moderate to around $70 per barrel.
Cement capacity race with Birla group may ease as Adani shifts focus to margins
The rivalry between the Adani Group and the Aditya Birla Group’s UltraTech Cement Ltd has resulted in rapid manufacturing capacity expansion. In the last three-and-a-half years, the two conglomerates have added nearly 120 mtpa of cement manufacturing capacity between them.
Hindalco halts production of extruded aluminium products due to Iran war
The Aditya Birla Group-owned metals producer declared force majeure to all of its extruded aluminium customers on March 11, the notice showed.
Too early to see shift from equities to FDs: Federal Bank CEO KVS Manian
Speaking to CNBC-TV18 on the sidelines of the 21st India Business Leader Awards, KVS Manian, MD and CEO of Federal Bank, said it is too early to see investors moving money from equities back to fixed deposits. A Balasubramanian, MD and CEO of Aditya Birla Sun Life AMC, added that mutual fund investors continue to see healthy three- and five-year returns, helping keep inflows steady despite recent market volatility.
Outperforming Aditya Birla Group stock can rise another 21%, Kotak says
Aditya Birla Capital operates as a diversified financial conglomerate. Most of its value lies in its flagship diversified NBFC business, which has assets under management (AUM) of ₹1.5 lakh crore.