Real estate stocks to buy: As valuations run ahead, time to be selective on both regions & companies. 6 real-estate stocks with an upside potential of up to 42%
SynopsisWhen valuations are as expensive as they are now, it is time to be selective. But being selective is a generic term. For instance, the parameters used to pick a stock from the pharma industry would be very different from the ones used to buy infrastructure or capital goods stocks. The different macro and micro…
READ MORE
Nifty Realty down 7% from peak. Can property stocks buck sectoral churning to remain on top?
One of top performing sectors for more than a year, realty, is off its high point. Nifty Realty index, which represents a pack of top 10 real estate stocks, has declined 7% over the last three months, thanks to the election season which has slowed project approvals and launches. As markets are on a lookout…
READ MORE
Upside potential of 71%! Bajaj Finance among 8 stocks on which brokerages initiated coverage – Eye on returns
Indian Railway Finance Corporation Share Price 164.06 09:21 AM | 17 Sep 2024 0.1(0.07%) One97 Communications Share Price 679.45 09:21 AM | 17 Sep 2024 -2.7(-0.4%) YES Bank Share Price 23.61 09:21 AM | 17 Sep 2024 0.11(0.47%) ITC Share Price 513.05 09:21 AM | 17 Sep 2024 1.95(0.39%) HDFC Bank Share Price 1668.65 09:21…
READ MORE
Macrotech shares rally 5% as Nomura initiates coverage, sees 30% upside
Shares of Macrotech Developers surged 5% to its day’s high of Rs 1,297.60 on BSE after the global brokerage firm Nomura initiated coverage on the stock with a buy rating and a target price of Rs 1,600, predicting a 30% upside potential. The global brokerage firm is positive on the stock’s future prospects given its…
READ MOREproperty prices: Housing sales across India’s top 7 cities expected to witness double digit growth in FY25
MUMBAI: The residential sales across India’s top seven cities are expected to witness double digit growth in 2024-25. The area sold in Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru, Hyderabad, Pune, Kolkata, Chennai is likely to increase 10-12% to 785-800 million sq ft in the current financial year, on a high base of…
READ MORE
Hot stocks: Brokerage view on GAIL, IOCL, Macrotech Developers and Tata Consumer
Brokerages such as Jefferies have maintained a “buy” and “hold” call on IOCL and Macrotech Developers, respectively, while Citi has a “buy” rating on GAIL. Goldman Sachs has retained a neutral view on Tata Consumer. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citi on GAIL: Buy…
READ MORE