BSE shares took a significant hit after global brokerage firm Jefferies downgraded the stock from ‘hold’ to ‘underperform,’ leading to a 6% drop in its value. The decline occurred despite …
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Jefferies predicts Reliance Jio’s IPO listing in 2025 with a valuation exceeding Rs 9 lakh crore.
by admin
Jefferies noted that Reliance Jio Infocomm Ltd, the telecom arm of Reliance Industries Ltd, may undergo a substantial Reliance Jio’s IPO in 2025, potentially valuing it at over Rs 9.3 …
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Adani Group’s FY24 profit surges by 55%, surpassing Rs 30,000 crore; Jefferies favors 3 stocks.
by smtfin
Adani Group Stocks: Post Hindenburg crisis, FY24 profit surges by 55% to Rs 30,768 crore. Jefferies favors Adani Enterprises, Adani Ports, and Adani Energy Solutions, highlighting strong EBITDA growth and …
Jefferies anticipates robust free cash flow and reduced consolidated net debt with profitable production growth during FY 24-26, citing improved profitability from crude and gas pricing reforms above past decade …
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Jefferies downgrades ITC to ‘Hold’ as British American Tobacco considers selling stake
by admin
ITC’s stock dropped approximately 4 percent at market close following reports of major shareholder BAT considering a partial stake sale. What are the key concerns?