Amid F&O curbs, discount brokers need to diversify for stability
[ad_1] Revenue sources of discount brokers in India need to be diversified to make the business model more stable and resilient against market and regulatory
Broker’s call: Aditya Birla Fashion (Add)
[ad_1] Target: ₹280 CMP: ₹258.40 Aditya Birla Fashion & Retail (ABFRL’s) ‘investor day’ highlighted focus on profitable organic growth with no further acquisitions and need
Broker’s call: Datamatics Global (Hold)
[ad_1] Target: ₹610 CMP: ₹641.90 Datamatics Global Services’ revenue beats our estimates, but EBIT misses. PAT rises on exceptional gain. Datamatics Global Services has shown
Broker’s call: Zaggle Prepaid (Buy)
[ad_1] Target: ₹456 CMP: ₹353.10 Zaggle Prepaid Ocean Services Ltd operates at the intersection of fintech and enterprise financial management, offering spend management solutions that
Broker’s call: ONGC (Buy) – The Hindu BusinessLine
[ad_1] Target: ₹375 CMP: ₹246.40 We hosted AK Singh – Chairman and Vivek Tongaonkar – CFO in the US. ONGC has contracted BP as Technical
Broker’s call: Blue Jet Healthcare (Buy)
[ad_1] Target: ₹1,150 CMP: ₹906 We initiate our coverage of Blue Jet Healthcare with BUY and SOTP-based TP of ₹1,150. Blue Jet’s key strength is
Broker’s call: Dr Agarwals HC (Buy)
[ad_1] Target: ₹518 CMP: ₹432.45 With three generations of the promoter family involved in comprehensive eye care services, Dr Agarwals Health Care (DAHL) has built
Broker’s call: ITC Hotels (Buy)
[ad_1] Target: ₹230 CMP: ₹166.80 Backed by a $58 billion conglomerate, ITC Hotels is India’s 2/4 hospitality chain based on operational hotels/keys. ITC Hotels operates
Broker’s call: India Shelter Fin (Buy)
[ad_1] Target: ₹898 CMP: ₹770.40 India Shelter Finance is uniquely positioned to drive growth in the affordable housing segment and the Loan Against Property (LAP)
