Shares of Jio Financial Services could draw fresh investor attention after brokerage Motilal Oswal Financial Services initiated coverage on the stock with a ‘buy’ rating, implying an upside potential of about 36 percent from current levels.Jio Financial Services shares have gained about 5 percent over the past one year, giving the company a market capitalisation of roughly Rs 1.5 lakh crore. M...

Shares of mall operator and real estate player The Phoenix Mills rallied nearly five percent in trade on Tuesday, September 2, after domestic brokerage Motilal Oswal upgraded the counter to 'buy,' citing a strong growth outlook.The broking house upgraded its rating on the stock, while hiking its target price to Rs 2,044, which indicated a 35 percent upside from current levels. At 9.55 a.m., shares...

Shares of One 97 Communications, the parent company of Paytm, rose by one percent to hit a fresh 52-week high of Rs 1,238 apiece on August 20 after Motilal Oswal Mutual Fund crossed the 5 percent shareholding mark.The fund house bought an additional 26.31 lakh shares, which is equal to 0.41 percent of the company’s total equity, through open market deals on August 11, 2024. After this purchase, ...

Domestic brokerage Motilal Oswal initiated coverage on retail chain operator Vishal Mega Mart Ltd, believing the value retailer is a play on rising aspirations in tier 2 cities and towns across India.Vishal Mega Mart is one of India’s largest offline-first value retailers, catering to a populationof one billion people across the middle- and low-income segments. It serves a substantial market val...

Recently listed Laxmi Dental Ltd shares rallied over two percent in early trade on Monday, July 14, after domestic brokerage Motilal Oswal initiated coverage with a 'bullish' buy rating.Laxmi Dental is distinguished as India’s only fully integrated provider of dental solutions, led by a highly experienced management team with extensive expertise in the field, noted the brokerage. The brokerage a...