Investec Sticks to Their Buy Rating for Bajaj Auto Limited (BAJAJ.AUTO)
Confident Investing Starts Here:
Jhawar covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Tata Motors Limited, and Eicher Motors Limited. According to TipRanks, Jhawar has an average return of 5.1% and a 68.18% success rate on recommended stocks.
In addition to Investec, Bajaj Auto Limited also received a Buy from CLSA's Basudeb Banerjee in a report issued on May 30. However, yesterday, UBS maintained a Sell rating on Bajaj Auto Limited (NSE: BAJAJ.AUTO).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
6 hours ago
- Business Wire
Onward Technologies Expands Footprint in Birmingham, UK and Munich, Germany With Offices Close to Clients
BIRMINGHAM, England & MUNICH--(BUSINESS WIRE)--Onward Technologies, a digital engineering services provider, has announced the strategic relocation of its UK office to Birmingham and its Germany office to Munich. These offices bring Onward Tech's teams closer to its Transportation & Mobility clients, reinforcing its commitment to delivering value where innovation is happening fastest. 'The new offices in the UK and Germany reflect our global strategy of investing in Europe and the positive momentum we're witnessing for our technical capabilities and services. This expansion is a testament to our focus on combining global scale with local agility,' said Jigar Mehta, Managing Director, Onward Technologies. Onward Tech partners with automotive and industrial equipment manufacturers to accelerate digital engineering programs through its global delivery model. With growing demand for offshore services across Europe, the company is investing rapidly to support clients' transformation agendas. Onward Tech is committed to investing further in Europe and has plans to initiate local hiring in the region. Being close to its clients enables Onward Tech to respond swiftly to dynamic client imperatives and mirror these in its solution approach. The company's India operations include dedicated offshore delivery centers and labs in Pune, Chennai, Bengaluru, and Hyderabad. These centers offer its clients offshore leverage and access to an expert talent pool across digital, embedded, and mechanical engineering services. Automotive and industrial equipment manufacturers are undergoing major shifts in product development, focusing on alternative powertrains, autonomous mobility, Industry 4.0, and AI/ML-driven R&D. Onward Tech remains deeply aligned with these priorities, helping clients digitalize the product lifecycle, adopt platform-based development, and unlock new revenue streams through differentiated features. About Onward Technologies Onward Technologies (BSE: 517536) (NSE: ONWARDTEC) is a software outsourcing company specializing in digital and ER&D services. We help global OEMs improve speed to market, accelerate innovation, and maximize returns on their R&D investments. Headquartered in Mumbai, India, we are also an employer of choice driving positive change as a responsible corporate citizen. With over 2,500 employees across 12 offices in 6 countries and offshore development centers in India, we support multiple businesses in Transportation, Mobility, Industrial Products, Heavy Machinery and Healthcare verticals. For more information, please visit
Bloomberg
10 hours ago
- Bloomberg
India Top Bourse Says High-Speed Traders' Activity Has Dropped
High-frequency trading firms have become less active in India's stock market following recent rule changes and the regulatory clampdown on Jane Street Group LLC, the country's largest stock exchange said Wednesday. 'The drop in activity is quite noticeable among the high-frequency traders, who are in wait-and-watch mode,' Sriram Krishnan, chief business development officer at the National Stock Exchange of India Ltd. said in a post-earnings conference call. Some large onshore trading firms are 'withholding their expansion plans' due to lack of clarity on regulations around derivatives and global uncertainties, he said.
Business Insider
10 hours ago
- Business Insider
'Double Disaster': Boeing Stock (NYSE:BA) Slips On Strike Threat, Trouble for the F-47
Just when you think things might be going well for aerospace stock Boeing (BA), along comes the kind of thing that makes you convinced Boeing is trying to snatch defeat from the jaws of victory. A growing problem for the F-47, and the very real potential of a new strike as early as Monday, are hitting Boeing hard. Investors are reconsidering, and shares dropped nearly 2% in Thursday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. New reports suggest that the engine for the F-47 might be a while in coming. In this case, a 'while' means 'up to two years.' That alone is bad news enough for the project, because if the engine is tardy by a whopping two years, then it becomes entirely possible the whole project will be delayed until after the second Trump administration concludes. The engine was supposed to be ready in the fourth quarter of 2027. That is still a substantial time off, but now, the engine will not arrive until the second quarter of fiscal 2030. A report from Breaking Defense noted, 'Considering the aggressive timeline the Pentagon is pushing to fly the F-47 before the end of President Donald Trump's term, a next-gen engine is likely out of reach for the fighter in the near future.' But that was just the start of the F-47's problems, as another one is likely to rear its ugly head as early as Monday. The other is brewing as we speak in St. Louis, though it should be resolved well before the engine arrives. (Another) Strike Incoming Workers at three different Boeing plants in and around St. Louis may go on strike as early as Monday. Boeing made one more attempt to establish a new contract with the International Machinists and Aerospace Workers union, but that contract was pretty soundly rejected at last report. That set up the union for a week-long 'cooling-off period' that will cool off absolutely no one, and a strike is set to follow from there. So why did the union pass on the latest contracts? Reports note that the issue was not that the St. Louis plant would have received far smaller raises than their Everett equivalents under the new contract, but rather, the biggest issue is a matter of work schedules. Under the new agreement, Boeing would have been allowed to move workers from eight-hour shifts over five days to 10-hour shifts over four days. Some employees would even have been obliged to take on 12-hour shifts, but over three days. Is Boeing a Good Stock to Buy Right Now? Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 18 Buys and two Holds assigned in the past three months, as indicated by the graphic below. After a 26.66% rally in its share price over the past year, the average BA price target of $256.68 per share implies 15.64% upside potential.
