Brokerages retained their bullish stance on Reliance Industries Ltd after the conglomerate reported stronger-than-expected fiscal first quarter results. Analysts cited robust earnings from the oil-to-chemicals (O2C) business, steady growth at Jio and an improving outlook for its new energy ventures.While most flagged continued pressure on retail margins, they said the company’s diversified earni...

Goldman Sachs has downgraded Indian equities to 'marketweight' from 'overweight' and sharply cut its Nifty 50 target, citing deteriorating macro conditions and a looming earnings downgrade cycle.The brokerage has reduced its 12-month Nifty target to around 25,300–25,900, down from earlier projections near 29,300–29,500, a cut of roughly 14 percent.The shift reflects what the firm calls a less ...

Shares of Hyundai Motor India Ltd. gained as much as 3 percent to Rs 2,222 in morning deals on August 12, extending gains for a second consecutive session after Goldman Sachs initiated coverage with a buy recommendation, citing positive factors for growth.The international brokerage has set a price target of Rs 2,600 per share, implying an upside potential of 21 percent from the last close on the ...

Shares of Trent Ltd fell for the third consecutive session on Thursday, declining 2.5 percent after global brokerage Goldman Sachs downgraded the stock and slashed its price target.With Thursday’s drop, the stock has lost nearly 3 percent over the past three trading sessions.According to a CNBC-TV18 report, Goldman Sachs downgraded Trent to ‘neutral’ from ‘buy’ and reduced its target pri...

Shares of Colgate Palmolive (India) slipped over 2 percent to Rs 2,320 in morning trade on July 23 after the company reported an 11.8 percent year-on-year decline in net profit to Rs 321 crore for the quarter ended June 30, 2025.Net sales dropped 4.4 percent to Rs 1,421 crore from Rs 1,486 crore a year ago. Revenue from operations also fell 4.3 percent to Rs 1,433 crore, while total income decline...