Stocks in NewsLet's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and fund-raising, here’s a quick look at which stocks will be in focus in today's trade:Results TodayHero MotoCorp, Grasim Industries, Brainbees Solutions Firstcry, Honasa Consumer Mamaearth, Glenmark Pharmaceuticals, Ipca Laboratories, Bajaj Healthcare, Bharat ...

Brokerage firm Macquarie has adopted a cautious outlook on Zomato, citing potential downside risks that could reduce the stock's value by around 50 percent. This has led to a 2.5 percent drop in the stock on November 13.While Macquarie retained its 'underperform' call on Zomato, it raised its price target for the stock by 30 percent to Rs 130 to factor in on a lower discount rate assumption. Despi...

PNB Housing Finance | It is India's third-largest housing finance company as of FY24, with an AUM of Rs 71,243 Cr and a loan book of Rs 65,358 Cr. It also holds Rs 17,783 crore in deposits. The company aims to grow its retail loan book to over Rs 1 lakh Cr by FY27, targeting a CAGR of 16% from FY24 to FY27. Affordable housing is expected to contribute 14-16%, while the emerging markets segment is ...

Shares of Zomato gained over 2 percent on Tuesday as HSBC raised its target price for Zomato to Rs 330 from Rs 260 earlier while maintaining a buy rating. The brokerage noted that competitive intensity in the fast delivery market appears to be stabilizing, providing Zomato with opportunities to improve its take rates.In the quick commerce space, Swiggy is facing challenges in keeping pace with Bli...

“Every once in a while, the market does something so stupid it takes your breath away.” Jim CramerThe spreads of AAA and AA-rated corporate bonds (difference in yields between corporate and government bonds) have widened by 18-23 bps over the last year, according to an IIFL report. There are three reasons for this: higher FII flows have led to the softening of G-sec yields, more NBFCs are rais...