Latest news with #KotakMahindra
Business Insider
3 days ago
- Business
- Business Insider
Kotak Mahindra Sticks to Its Sell Rating for FSN E-Commerce Ventures Ltd. (NYKAA)
Kotak Mahindra analyst Garima Mishra maintained a Sell rating on FSN E-Commerce Ventures Ltd. (NYKAA – Research Report) on June 27 and set a price target of INR185.00. The company's shares closed last Friday at INR209.86. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Mishra is an analyst with an average return of -5.3% and a 40.00% success rate. In addition to Kotak Mahindra, FSN E-Commerce Ventures Ltd. also received a Sell from Macquarie's Avi Mehta in a report issued on June 27. However, on the same day, Morgan Stanley maintained a Buy rating on FSN E-Commerce Ventures Ltd. (NSE: NYKAA). The company has a one-year high of INR229.90 and a one-year low of INR154.90. Currently, FSN E-Commerce Ventures Ltd. has an average volume of 235.6K.
Business Insider
3 days ago
- Business
- Business Insider
Kotak Mahindra Reaffirms Their Buy Rating on Amber Enterprises India Ltd. (AMBER)
In a report released on June 27, Deepak Krishnan from Kotak Mahindra maintained a Buy rating on Amber Enterprises India Ltd. (AMBER – Research Report), with a price target of INR7,900.00. The company's shares closed last Friday at INR6,848.50. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Krishnan is ranked #6116 out of 9622 analysts. Amber Enterprises India Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of INR6,635.00.
Business Insider
3 days ago
- Business
- Business Insider
Shree Cement Limited (SHREECEM): New Sell Recommendation for This Basic Materials Giant
In a report released on June 27, Sumangal Nevatia from Kotak Mahindra maintained a Sell rating on Shree Cement Limited (SHREECEM – Research Report), with a price target of INR19,550.00. The company's shares closed last Friday at INR31,030.00. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Nevatia is a 2-star analyst with an average return of 1.3% and a 50.00% success rate. Nevatia covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd.. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shree Cement Limited with a INR30,141.67 average price target, implying a -2.86% downside from current levels. In a report released on June 23, Investec also maintained a Sell rating on the stock with a INR25,600.00 price target. Based on Shree Cement Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR55.32 billion and a net profit of INR5.74 billion. In comparison, last year the company earned a revenue of INR54.33 billion and had a net profit of INR6.75 billion
Bloomberg
09-06-2025
- Business
- Bloomberg
Veteran Kotak Fund Manager Lakshmi Iyer Set to Join Bajaj Group
Lakshmi Iyer, a veteran fund manager at India's Kotak Mahindra Group, has quit after over twenty years at the firm, people familiar with the matter said. Iyer was chief executive officer of investments and strategy at Kotak Alternate Asset Managers Ltd. She will be joining Bajaj Finserv Ltd., the people said.
Bloomberg
05-06-2025
- Business
- Bloomberg
Indians Used to Outsized Returns, Says Kotak Mahindra's Nilesh Shah
Indian investors have grown accustomed to outsized returns due to the prolonged bull run, warping their expectations, says Nilesh Shah, the Managing Director of Kotak Mahindra Asset Management. Speaking at Bloomberg's Where To Invest event in Mumbai, Shah highlighted the need for more realistic outlooks amid shifting market dynamics. (Source: Bloomberg)
