Stocks To Buy: Three power stocks that BoFA has upgraded on strong demand visibility
BofA Securities expects power demand to grow at a compound annual growth rate of 7.2% between FY25 and FY30, compared to 5.4% over FY15 to FY25.
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The AI race between China and the US heats up. These stocks could be winners, Bernstein says
Bernstein says China AI compute could reach 1936 ZFLOPs by 2035, topping US, boosting CATL, Sungrow, Cambricon and Hygon as Beijing expands power and chip capacity.
Coforge shares recover from intraday lows as Motilal Oswal sees 73% upside; UBS stays ‘neutral’
Of the 39 analysts who have coverage on the Coforge, 30 have a ‘buy’ rating, three have a ‘hold’ rating and six have a ‘sell’ rating.
Axis Mutual Fund’s problems start at the top
Three CIOs in 10 years have tried to improve the performance of its funds and to lure new investors. Will the fourth one be the charm?
Vishal Mega Mart share price fall below ₹100 turns a ‘bear’ into a ‘bull’
Ambit prefers Trent over Vishal Mega Mart over DMart within the value retail segment, and has “sell” rating on the latter.
Hindustan Zinc, Tata Steel partner to boost low-carbon zinc use, cut steel emissions
Hindustan Zinc Ltd and Tata Steel partner to use EcoZen low carbon zinc in steel, cutting emissions and supporting Indias low carbon industrial growth.
Nifty FY27 earnings may be cut 2–3%, valuations better but not cheap: Gautam Duggad
Gautam Duggad of Motilal Oswal Financial Services said higher oil prices, a weaker rupee and rising input costs are weighing on margins. While market valuations are more attractive now, with the Nifty trading below 20 times forward earnings, they are…
Power Grid hikes FY26 capex guidance to ₹35,000 crore; raises capitalisation target
Power Grid raises FY26 capex and capitalisation guidance after strong execution, outlines massive long term transmission capex pipeline as shares edge higher.
IndiGo shares slide 6% to a 52-week low after Goldman Sachs sharply cuts earnings estimates
Goldman Sachs said the Indian aviation sector is likely to look much different post the current oil price shock and it believes the supply constraints will start to show up over the next few quarters.
CG Power shares decline even as UBS raises price target, says ‘worst is largely behind’
A strong cash position, post its QIP, supports the company’s product portfolio expansion, while its outsourced semiconductor assembly and test (OSAT) unit, although blackened, remains scalable over time, according to the brokerage.