Indian metal stocks have underperformed most global peers CYTD (year-to-date), and global brokerage Jefferies sees this as a buying opportunity and its top stock buy in the sector is Tata Steel, followed by Hindalco. Jefferies highlighted that its covered metal stocks – Tata Steel, Hindalco and JSW Steel (JSTL) –Read More →
Newgen Software Technologies Ltd’s Q3 were strong all-round beat as revenue, net profit were ahead of estimates, said global brokerage Jefferies. The software company’s Management highlighted a strong growth outlook in traditional markets (India, EMEA) and APAC. While US remains subdued, Newgen plans at stepping up on marketing/GSI network toRead More →
Private lender IndusInd Bank in its pre-quarter update posted 19 per cent year-on-year (YoY) increase in net advances at ₹2,71,966 crore by the end of December 31, 2022 (Q3FY23). Net deposits, too, grew 14 per cent YoY to ₹3,25,491 crore. Brokerage firm Jefferies assigned ‘buy’ rating to the banking stockRead More →
