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INSANE: Clsa - The Real Truth

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…

The Economic Times

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.

Barchart

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

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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…

The Economic Times

Vedanta Power, Oil & Gas shares fall 3%; Vedanta Aluminium, Iron & Steel jump up to 5%. What lies ahead?

Vedanta's demerger saw mixed fortunes for its listed entities. While Vedanta Power and Oil & Gas shares dipped, Vedanta Aluminium and Iron & Steel surged, with the latter showing significant gains post-listing. Analysts are bullish on Vedanta Aluminium, citing strong global demand and operational strengths, with multiple brokerages initiating 'Buy'…

The Economic Times

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Vedanta Aluminium shares rise nearly 2% as CLSA initiates Outperform call, sees 18% upside potential. Here's why

Vedanta Aluminium Metal shares surged nearly 2% after CLSA initiated coverage with an 'Outperform' rating and a Rs 540 target price, citing a strong aluminium cycle and operational strengths. The brokerage anticipates backward integration will significantly improve the company's cost position. Robust demand from electrification and constrained supply are expected…

The Economic Times

Beyond Jio IPO: 5 triggers Mukesh Ambani has lined up to revive Reliance shares for 44 lakh investors

Reliance Industries is charting a new course to boost its stock for 44 lakh investors, moving beyond a potential Jio IPO. Billionaire Mukesh Ambani has unveiled five key growth drivers, including revitalizing the O2C business, scaling up new energy ventures, building India's AI backbone, expanding FMCG operations to a Rs…

The Economic Times

Will Jio IPO finally get a date today? What to expect from Mukesh Ambani at RIL AGM

Reliance Industries shareholders eagerly await Mukesh Ambani's address at the 49th AGM, seeking a definitive Jio IPO date as the company's stock faces pressure. Investors are also looking for updates on Reliance Retail's potential listing, AI investments, and green energy initiatives, with several key deadlines approaching.

The Economic Times

Beyond Vedanta: The other Anil Agarwal stock that just exploded 500% on AI boom

Sterlite Technologies, a Vedanta-backed optical fibre manufacturer, has witnessed an extraordinary 500% surge in its stock value in 2026, driven by the global AI boom. This rally is fueled by the escalating demand for high-speed connectivity infrastructure, particularly for data centers.

The Economic Times

CLSA set to vanish as brand after 40 years in Asian brokerage: Report

Hong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and strong presence across Asian financial markets. The move reflects Citic's effort to integrate CLSA more closely into its institutional framework.

The Economic Times

Sterlite Tech, HFCL shares rally up to 5% after 2-day fall. What’s triggering the surge?

Shares of HFCL and Sterlite Technologies surged up to 5% on Friday, recovering from a two-day decline. This rebound follows a global tech stock recovery and is driven by India's booming data center industry, fueled by digitalization and AI demand. Both companies, key players in optical fiber cable manufacturing, are…

The Economic Times

Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?

Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, some analysts believe the sector is poised for recovery, arguing Gen-AI presents an opportunity rather than an existential threat. Valuations have become attractive, leading to upgrades for major…

The Economic Times

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The Economic Times

Is SaaSpocalypse real? CLSA says maybe not and here’s why

Initial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to consumption-based models, with IT firms partnering with SaaS providers poised to benefit from implementation demand. Systems of Record are seen as less vulnerable, while AI is expected to enhance…

The Economic Times

TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?

IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages such as CLSA, Nuvama and Choice Institutional Equities remain optimistic, citing resilient earnings, strong order books and expanding enterprise AI opportunities.

The Economic Times

AI, data centre boom powers these 9 stocks up to 477% in 2026. Can you still join the party?

India's data centre industry is experiencing a multi-year growth phase, fueled by digitalization, cloud adoption, and AI demand. This surge is driving significant gains in companies linked to data centre infrastructure, power, and hardware, with analysts suggesting the rally has further room to run.

The Economic Times

No negative impact of AI visible yet on software companies' earnings: Report

Artificial Intelligence (AI) has not yet had a negative impact on the earnings performance of software-as-a-service (SaaS) companies, according to a report by CLSA.

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The Economic Times

Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engine

CLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “twin engine” of cost deflation and premiumisation, strong software-led revenues, and improving unit economics, expecting EBITDA breakeven by FY28 and significant margin expansion through FY31–32.

The Economic Times

HFCL vs Sterlite Tech: Both stocks turn multibaggers, rocket up to 375% YTD. Should you invest amid AI boom?

Optical fibre makers HFCL and Sterlite Technologies are experiencing a boom, with shares surging due to massive demand for AI-driven data centre infrastructure. India's growing data centre market and global hyperscaler investments are fueling this growth, making these companies key beneficiaries of the AI expansion.

The Economic Times

Can Honasa shares rally up to 57% after strong Q4 show? Jefferies, CLSA & two other brokerages weigh in

Honasa Consumer shares surged over 11% on Friday after a strong Q4 FY26 performance, with brokerages including Jefferies, CLSA, ICICI Securities and JM Financial turning more optimistic. Jefferies sees up to 57% upside, citing robust multi-channel growth, improving margins and stronger execution, while other brokerages also highlight rising traction across…

The Economic Times

Honasa Consumer shares zoom 11% on robust Q4. Jefferies, CLSA see more room to run

Honasa Consumer, Mamaearth's parent company, saw its shares surge after reporting a 177% year-on-year jump in net profit to Rs 69 crore for Q4 FY26. Revenue also climbed over 23% to Rs 657 crore, with EBITDA soaring 186%. Analysts from CLSA and Jefferies maintain positive ratings, citing strong growth momentum…

The Economic Times

Flipkart Pulls Ahead: How India's E-Commerce Giant is Winning Hearts and Carts

From weekly active users to GMV share, two new institutional reports reveal that Flipkart is extending its lead over competitors and building a multi-business moat that rivals struggle to replicate.

The Economic Times

Kaynes Tech shares fall another 5% a day after crashing 20%. What brokerages fear the most?

Kaynes Tech shares extended losses, falling another 5% after a 20% crash following weak Q4 earnings. Profit declined 22% YoY despite 26% revenue growth, which missed internal targets. Brokerages including JP Morgan, Nuvama and CLSA cut targets, citing execution concerns, margin pressure, and weak near-term visibility.

The Economic Times

Kaynes Technology shares plunge 19%. Why JPMorgan, Nuvama downgraded the EMS stock

Kaynes Technology shares plunged after the company’s Q4 results disappointed investors on multiple fronts, including a revenue guidance miss, weaker balance sheet metrics, and a sharp drop in profit. The stock fell to Rs 3,760.10 on the BSE as brokerages turned cautious following the earnings report.

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