Shares of FMCG major ITC will remain unaffected from the amendment to the GST Compensation Cess Schedule passed by the Lok Sabha late last week, said JM Financial in its report. The schedule has been seen as a prelude to a possible government action on cigarette taxation, which has been fairly ste…

ITC shares: Why GST Compensation Cess will not affect the target price

Real estate is an elephant and takes time to move. The sector has a lot of moving parts and it’s better to stay away, says Chaturmohta, Fund Manager-PMS Strategy-Apex, JM Financial Services

Daily Voice | These 2 themes are JM Financial’s Ashish Chaturmohta’s picks for FY24

Bulk of the claims amounting to nearly ₹300 crore are from the financial creditor, which was YES Bank, which then assigned the debt to JM Financial ARC.

Insolvency proceedings of Hyatt Regency extended by 90 days

Rahul Sharma, Director at JM Financial Services, recommends a long position in Titan, as he sees some technical reversal on its daily charts, and expects a good round of up move. Conversely, Sharma recommends shorting Reliance Industries at its current price as its short-term and long-term moving av…

Titan Share Price | Reliance Share Price: Time to buy Titan and short Reliance, says Rahul Sharma

Promoters held 37.34 per cent stake in the company as of 31-Dec-2022, while FIIs owned 22.88 per cent, DIIs 17.03 per cent.

Buy Apollo Tyres, target price Rs 380: JM Financial

SRF, incorporated in the year 1970, is a Large Cap company (having a market cap of Rs 68490.44 Crore) operating in Diversified sector.

Buy SRF, target price Rs 2985: JM Financial

Dr. Lal Pathlabs, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 15012.92 Crore) operating in Hospitals & Allied Services sector.

Buy Dr. Lal Pathlabs, target price Rs 2620: JM Financial

JSW Energy, incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 41075.77 Crore) operating in Power sector.

Hold JSW Energy, target price Rs 270: JM Financial

The company was admitted to the NCLT under the Insolvency and Bankruptcy Code (IBC) in December 2020. The insolvency resolution process of Sintex BAPL had evinced interest from two bidders - JM Financial Asset Reconstruction Co Ltd and a consortium consisting of Welspun entity Propel Plastic Product…

NCLT approves Welspun takeover of Sintex BAPL

HPCL is a relatively bigger beneficiary of above-normal marketing margin, given it is relatively more levered to marketing earnings, JM Financial said.

HPCL, BPCL, IOC, ONGC, Oil India: Brent slips below $75 level. How will oil stocks perform?

Piramal Capital had initiated a Swiss Challenge against the ARC’s anchor bid, inviting other interested bidders to submit expressions of interest by March 15, with the offer amount required to be a minimum of 10% higher than the base offer of ₹2,550 crore.

Piramal to sell DHFL loans to JM Financial ARC

Hasn't faired well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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