The stock climbed 5.46 per cent to an intraday high of Rs 3,878 apiece on the NSE.Brokerage firm JM Financial Institutional Securities said Siemens' management indicated strong domestic demand across both public and private sectors.The brokerage noted that order inflows rose 33 per cent year-on-year to Rs 67.31 billion during the quarter, taking the order backlog to Rs 450.33 billion. It maintaine...

IndusInd Bank shares rose about 4 percent in trade on Monday after multiple brokerages upgraded the stock following the lender’s March quarter results.The private sector bank on Friday reported a net profit of Rs 594 crore for the fourth quarter, against a loss of Rs 2,329 crore in the year-ago period. The bank said it aims to match industry loan growth by FY27.Gross slippages declined to Rs 1,8...

Shares of Eternal Ltd, the parent of Zomato and Blinkit, emerged as top market gainer on March 17 amid value buying and a brokerage seeing up to 80% upside in the next 12 months. Eternal shares fell 40% from their recent highs and investors saw value in the stock again as it climbed over 4% on March 17.At 11 am on March 17, Eternal shares on BSE were trading 4.4% higher at Rs 231.75 apiece."While ...

Morgan Stanley On WiproUnderweight Call, Target At `250/ShAfter Capco (2021) & Rizing (2022) Acquisition, See Applied Value Tech Acqn Being Relatively SmallSee The Acqn Supporting More Of Capability Boost & Adding Some Marquee Clients To PortfolioGiven Small Scale, See Acquisition Having A Limited Impact On Financials In FY25/FY26CLSA On ITTCS, Infosys & Wipro, In Their Quarterly Preview, Showed C...

JM Financial shares surged 6 percent in the morning session on October 21 despite a muted market sentiment as the Reserve Bank of India has lifted restrictions from its subsidiary JM Financial Products Ltd from financing against shares and debentures.At 10 AM, shares of JM Financial were quoting Rs 163.58, higher by 3 percent on the NSE, after trimming early gains."With this communication, the com...