"Shares of Somany Ceramics jumped to the highest level in three months on Thursday after Nuvama raised target price on the stock. The upgrade came on the back of company's fourth-quarter earnings beating analysts' estimates.The company's net profit rose 38.9% year-on-year to Rs 34 crore in the quarter ended March 2024, according to an exchange filing. Analysts polled by Bloomberg estimated a net profit of Rs 31.45 crore..Somany Ceramics Q4 FY24 (Consolidated, YoY)Revenue up 8.6% at Rs 738 crore....
Shares of engineering and construction major Larsen and Toubro (L&T) on Thursday fell up to 6% to day's low at Rs 3,290 as brokerages reduced their target prices following a cut in margin guidance for FY25.While reporting a 10% year-on-year (YoY) growth in its consolidated net profit at Rs 4,396 crore, L&T reduced its future margin guidance to 8.2-8.3% for FY25 to bake in supply chain disruptions, an uncertain political environment, and ongoing conflicts across several areas.Brokerage firm CLSA...
Target is cutting prices on thousands of items as it acknowledges that shoppers are increasingly struggling with inflation, the company announced Monday.
Target is cutting prices on thousands of items as it acknowledges that shoppers are increasingly struggling with inflation, the company announced Monday.
The move may be to win back shoppers who are feeling the strain of inflation and high prices.
Nvidia (NVDA) reports its fiscal first-quarter earnings results after the closing bell on Wednesday, May 22. The chip giant has powered market rallies in early 2024 and could very well pull off another one based on how investors feel about its Q1 performance. Market Domination Host Jared Blikre reviews Wall Street's price targets on Nvidia ahead of its earnings. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written...
Target stores nationwide are lowering their prices on grocery and household items, including necessities for families, like diapers, wipes, and food.
From milk and butter to pizza and bread, Target said it will lower prices on thousands of items this summer.
Tripadvisor (NASDAQ:TRIP – Get Free Report) had its price target dropped by equities research analysts at UBS Group from $27.00 to $20.00 in a report issued on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the travel company’s stock. UBS Group’s price target would indicate a potential upside of 10.01% from the […]
Traeger (NYSE:COOK – Get Free Report) had its target price cut by investment analysts at Telsey Advisory Group from $4.50 to $4.00 in a research note issued on Thursday, Marketbeat.com reports. The firm presently has an “outperform” rating on the stock. Telsey Advisory Group’s price objective indicates a potential upside of 71.67% from the company’s […]
Tripadvisor (NASDAQ:TRIP – Free Report) had its price target trimmed by UBS Group from $27.00 to $20.00 in a report issued on Thursday morning, Benzinga reports. They currently have a neutral rating on the travel company’s stock. Several other equities analysts have also issued reports on TRIP. TheStreet upgraded Tripadvisor from a d+ rating to […]
Fundamental questions exist about the viability of Paytm's business model, especially with the demise of its payments bank and its inability to reach profitability.