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Following the fourth-quarter results, JPMorgan upgraded Kotak Mahindra Bank and Avenue Supermarts. It maintains a neutral rating on Britannia Industries and an underweight rating on Tata Technologies.
NMDC's shares hit a 14-year peak of ₹271.70, up 1% on Monday, maintaining an upward trend since June 2023 with a gain of 143%. LKP Securities recently initiated coverage on the stock with a 'buy' rating and a target price of ₹297 per share.
Tata Technologies reported a 27.39 per cent year-on-year (YoY) fall in the consolidated net profit at Rs 157.24 crore for the quarter that ended on March 31, 2024.
Rekha Jhunjhunwala holds 5.35 per cent stake in the Tata group firm as on March 31, 2024 which was worth ₹16,792 crore at Titan's closing price on Friday.
Godrej Properties shares surged 9.7% to a record high of Rs 2,816.90 on BSE. Brokerages raised target prices after a 14% YoY increase in consolidated net profit to Rs 471 crore for Q1 2024. The company achieved its highest-ever quarterly sales, with booking value at Rs 9,519 crore.