
Macquarie Sticks to Its Buy Rating for Shriram Finance Limited (SHRIRAMFIN)
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 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, Ganapathy is a 2-star analyst with an average return of 2.5% and a 50.00% success rate. Ganapathy covers the Financial sector, focusing on stocks such as Shriram Finance Limited, Bajaj Finance Limited, and City Union Bank Limited.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shriram Finance Limited with a INR762.80 average price target, which is a 12.82% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a INR800.00 price target.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Insider
35 minutes ago
- Business Insider
Kepler Capital Reaffirms Their Hold Rating on Suss Microtec (0Q3C)
Kepler Capital analyst Ruben Devos maintained a Hold rating on Suss Microtec on August 7 and set a price target of €32.00. The company's shares closed last Friday at €30.84. 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. Devos covers the Technology sector, focusing on stocks such as BE Semiconductor, ASM International NV, and Suss Microtec. According to TipRanks, Devos has an average return of -0.8% and a 34.52% success rate on recommended stocks. In addition to Kepler Capital , Suss Microtec also received a Hold from Deutsche Bank 's Michael Kuhn in a report issued on August 8. However, on the same day, Berenberg Bank maintained a Buy rating on Suss Microtec (LSE: 0Q3C).


Business Insider
an hour ago
- Business Insider
China Flags Security Risks in Nvidia H20 Chips, Threatening China Sales
Chinese concerns over Nvidia's (NVDA) H20 AI chips are mounting, with Chinese state media now vocalizing its concerns over the company's chips' backdoor security. These chips were made for the Chinese market after the U.S. placed export limits on advanced AI hardware in late 2023. 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. State Media Raises Security Red Flags The focus of the concern is security. A social media account linked to state broadcaster CCTV claimed the H20 chips could have hardware 'backdoors.' According to these claims, such a feature could allow someone to bypass normal security checks or shut the chips down from a remote location. The same account also said the chips are not advanced in design and are not environmentally friendly. Other outlets, including People's Daily, called on Nvidia to give clear proof that the chips are safe to use. These reports reflect China's broader push to reduce risk from foreign technology and increase local supply in key sectors. On July 31, the chips contained any security risks. Reports cited unnamed American AI experts who said the chips could be tracked, located, and possibly disabled from outside the country. Nvidia Denies Allegations However, Nvidia has rejected all of these claims. The company said there are no backdoors in its products. In fact, Chief Security Officer David Reber said a built-in kill switch would be a permanent flaw that no responsible vendor would include. This dispute comes after the Trump administration blocked sales of H20 chips to China in April. That ban was lifted in July. The outcome matters for Nvidia's business, as China is a large market for AI hardware. Is NVDA Stock a Buy? average NVDA stock price target of $186.24. This implies a 1.94% upside from the current price.


Business Insider
an hour ago
- Business Insider
Jefferies Sticks to Their Hold Rating for Repsol (0NQG)
Jefferies analyst Giacomo Romeo maintained a Hold rating on Repsol on August 8 and set a price target of €13.00. The company's shares closed last Friday at €13.29. 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. According to TipRanks, Romeo is a 4-star analyst with an average return of 8.6% and a 72.25% success rate. Romeo covers the Energy sector, focusing on stocks such as ENI S.p.A., TotalEnergies SE, and BP p.l.c.. In addition to Jefferies, Repsol also received a Hold from RBC Capital's Biraj Borkhataria in a report issued on July 24. However, on August 6, TR | OpenAI – 4o reiterated a Buy rating on Repsol (LSE: 0NQG). 0NQG market cap is currently €15.29B and has a P/E ratio of 20.76. Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0NQG in relation to earlier this year.