Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

INSANE: Clsa - The Real Truth

CLSA sees 29% downside in Meesho despite a 19% YTD rally. Buy, sell or hold?

CLSA maintained an Underperform rating on Meesho with a Rs 150 target, citing stretched valuations and optimism around advertising monetisation, order frequency and logistics savings. The brokerage sees significant downside if these growth drivers fail to meet market expectations.

The Economic Times

Sterlite Tech shares jump 5% to fresh 52-week high, multibagger skyrockets 745% in 2026. What lies ahead?

Sterlite Technologies shares hit a fresh 52-week high after rising 5% to the upper circuit, taking their 2026 gains to 745%. The rally follows the company’s growth plans, capacity expansion and strong Q1 performance, supported by robust demand for optical connectivity products.

The Economic Times

SaaS is beating the ‘SaaSpocalypse’! CLSA explains what AI means for Indian IT stocks

CLSA sees AI widening the gap between SaaS platforms and Indian IT services, favouring Persistent Systems and LTIMindtree. SaaS firms are gaining productivity, while system integrators face automation pressure. Both companies are adapting through deal growth, AI adoption and higher-value engineering work.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Ather Energy shares rally 4% after launch of Konarc electric scooter at Rs 99,999. Buy, sell or hold the stock?

Ather Energy shares rose after the company launched its new Konarc electric scooter at a starting price of ₹99,999. The model will be offered in six variants across the S and Z lines, with IDC ranges of up to 200 km. Ather Energy shares have gained 132% over the past…

The Economic Times

HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?

Indian IT stocks surged sharply, led by gains in largecap names, after Nvidia’s strong results and upbeat revenue outlook revived optimism around the global AI spending cycle. The rally came despite lingering concerns over AI disruption and mixed brokerage views on the sector.

The Economic Times

Quick commerce expands to 477 cities as players target smaller, untapped markets: CLSA

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players are targeting underpenetrated geographies, seeking a first-mover advantage in these markets. Established companies are deepening their networks in key cities while testing smaller dark store setups elsewhere. Blinkit leads in dark store count nationally and…

The Economic Times

Flipkart Minutes overtakes Swiggy Instamart in dark stores across top 10 cities

The gap is narrow but significant, pointing to the rapid expansion of Flipkart's quick-commerce business even as established players continue to deepen their networks. The 10 cities together account for 3,536 dark stores, according to CLSA's Quick Commerce Map, with Blinkit leading at 969 stores, followed by Zepto at 828,…

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Infosys, HCLTech, other IT stocks gain on Nvidia’s likely price hikes. Are AI bubble worries coming true?

Indian IT stocks gained on Monday as reports of Nvidia’s potential server price hikes revived concerns over rising AI infrastructure costs and stretched valuations. The Nifty IT index rose over 1%, with Infosys and HCLTech among the gainers. Analysts, meanwhile, continue to debate whether India’s IT sector offers an “anti-AI”…

The Economic Times

Vedanta Aluminium shares rise 2% as firm expands automotive portfolio with two advanced alloys. What’s ahead?

Vedanta Aluminium Metal shares gained more than 2% after the company launched two advanced offerings under its Primary Foundry Alloy range for high-performance automotive applications. The new products, unveiled at AutoEdge 2026, come as the company expands its value-added aluminium portfolio and targets growing demand from the automotive sector.

The Economic Times

IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's why

CLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on select mid-tier IT companies. The brokerage said Q1 earnings were mixed across Indian IT and global peers, but expects AI-driven volumes to eventually offset pricing deflation by FY30.

The Economic Times

Astral shares rally 10% following Q1 results; Citi sees target price at Rs 1,900, Nuvama upgrades stock to 'Buy'

Astral shares surged nearly 10% after strong Q1 FY27 results, with profit rising 51.8% YoY. Citi retained a Buy rating with a Rs 1,900 target, while UBS maintained Accumulate. Nuvama upgraded the stock to Buy, citing strong pipe volumes and margin prospects, while Motilal Oswal retained Buy and CLSA maintained…

The Economic Times

Tata Motors shares jump 6% after strong Q1; Nomura upgrades stock, CLSA retains Outperform rating

Tata Motors shares jumped after Q1 FY27 net profit surged 83% YoY to Rs 2,560 crore, aided by mark-to-market gains on Tata Capital investments. Revenue rose 19% YoY to Rs 20,667 crore.

The Economic Times

Manappuram Finance shares jump 3% after Q1 profit soars 4x. Why Jefferies, Morgan Stanley raised target prices

Manappuram Finance shares witnessed an uptick on Wednesday after Q1 FY27 profit surged nearly four-fold to Rs 585 crore. Jefferies raised its target price to Rs 430, citing better NII and lower provisions, while Morgan Stanley also raised its target. CLSA retained a Hold rating, with a Rs 350 target…

The Economic Times

Bharti Airtel shares jump 4% after Q1 results. Here’s what Jefferies, CLSA, others are saying

Bharti Airtel shares rose 4% after the telecom major reported a 37% year-on-year jump in June-quarter net profit and an 18% increase in revenue. Brokerages remained bullish, with target prices implying up to 21% upside, driven by strong subscriber additions, higher ARPU and robust cash flows.

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?

Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, prompting global brokerages including Nomura, CLSA, HSBC and Emkay to reiterate bullish views. Analysts cited strong demand, improving margins and capacity expansion, with target prices implying upside of up to…

The Economic Times

Bajaj Finance shares explode 7%, make investors Rs 46,445 crore richer. Is it still a buy?

Bajaj Finance shares surged over 7% to a record high after the NBFC reported strong June-quarter earnings, led by robust loan growth, improving asset quality and healthy AUM expansion. Most brokerages reiterated bullish views and raised target prices, citing sustained earnings momentum.

The Economic Times

Vedanta Aluminium share price target: Why Citi, CLSA, Nuvama see up to 20% upside after Q1 earnings

Vedanta Aluminium Metal reported a threefold jump in Q1 FY27 net profit to Rs 5,629 crore, accompanied by an Rs 8 interim dividend. Global brokerages including Citi, CLSA, Nuvama, and Emkay remain bullish, projecting up to 20% upside driven by cost discipline, capacity expansions, and captive mine operations.

The Economic Times

FIIs triple stake in Sterlite Tech after a stellar 400% surge this year. More legs to the rally?

Sterlite Technologies has surged over 400% in 2026, while FIIs nearly tripled their stake to 19.7% as of July 2026. The stock gained investor attention after strong Q1 FY27 results, a record order book, AI data centre opportunities and a bullish outlook from brokerages.

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Sterlite Tech shares jump 5% after CLSA upgrades 2026 multibagger after strong Q1 results

Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%. The Vedanta-backed company has delivered a stellar run in 2026, with its stock rallying 466% so far this year, making it one of the biggest…

The Economic Times

Eternal shares jump 3% after Q1 results. Jefferies, CLSA and 4 other brokerages weigh in

Shares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the stock. JPMorgan, CLSA, Jefferies, Nomura, Motilal Oswal and Emkay retained positive ratings, citing accelerating growth in food delivery and Blinkit, improving quick commerce profitability, stronger margin guidance and management's confidence that competitive intensity has…

Barchart

Data Center Costs Are Racking Up. What That Means for Oracle Stock Here.

Oracle might have to pay $7 billion in data center costs. Analysts are reacting by hitting the pause button.

The Economic Times

Profit up 35%, shares down 15%: What went wrong at Bandhan Bank?

Bandhan Bank shares hit the 15% lower circuit despite a 35% jump in Q1 profit, as investors focused on the lender's sharp cut to its FY27 RoA guidance. Brokerages remained divided, with concerns over margin pressure and funding costs overshadowing stronger earnings and improved asset quality.

The Economic Times

Sterlite Tech shares tumble 27% from June peak after 400% surge in 2026. Should you catch this falling knife?

Sterlite Technologies shares have seen a notable correction after a substantial rally. Analysts suggest this pause is normal within a broader bullish trend. A recent large order from a US hyperscaler bolsters fundamental outlook. India's data center industry expansion fuels demand for optical fiber infrastructure. Investors are weighing profit booking…

The Economic Times

Paytm shares gain 3% after Q1 results. What are Goldman Sachs, Citi and CLSA saying?

Paytm shares rose 2.7% after the fintech firm reported a 79% year-on-year jump in Q1 consolidated net profit to Rs 220 crore. Revenue from operations increased 28% to Rs 2,448 crore, while total income rose 22% to Rs 2,630 crore. Profit before tax climbed to Rs 247 crore, reflecting stronger…

The Economic Times

Vedanta Aluminium wipes off Rs 25,000 cr worth investor wealth in under a month. Time to buy?

Vedanta Aluminium shares have dropped significantly since their listing date. This decline has erased substantial investor wealth in a short period. However, analysts maintain a positive outlook on the company's future. Structural demand for aluminium is expected to remain strong globally. The company's cost reduction initiatives are poised for future…

1 2 3

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.