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Prabhudas Lilladher Reaffirms Their Hold Rating on Steel Authority of India Limited (SAIL)
Prabhudas Lilladher Reaffirms Their Hold Rating on Steel Authority of India Limited (SAIL)

Business Insider

time3 days ago

  • Business
  • Business Insider

Prabhudas Lilladher Reaffirms Their Hold Rating on Steel Authority of India Limited (SAIL)

In a report released yesterday, Tushar Chaudhari from Prabhudas Lilladher maintained a Hold rating on Steel Authority of India Limited (SAIL – Research Report), with a price target of INR133.00. The company's shares closed last Friday at INR129.18. Confident Investing Starts Here: The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Steel Authority of India Limited with a INR100.00 average price target, which is a -22.59% downside from current levels. In a report released on May 30, J.P. Morgan also maintained a Hold rating on the stock with a INR120.00 price target. Based on Steel Authority of India Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR244.9 billion and a net profit of INR1.42 billion. In comparison, last year the company earned a revenue of INR233.49 billion and had a net profit of INR4.23 billion

J.P. Morgan Remains a Buy on Vishal Mega Mart Ltd. (VMM)
J.P. Morgan Remains a Buy on Vishal Mega Mart Ltd. (VMM)

Business Insider

time4 days ago

  • Business
  • Business Insider

J.P. Morgan Remains a Buy on Vishal Mega Mart Ltd. (VMM)

In a report released today, Latika Chopra from J.P. Morgan maintained a Buy rating on Vishal Mega Mart Ltd. (VMM – Research Report), with a price target of INR133.00. The company's shares closed yesterday at INR124.60. Confident Investing Starts Here: According to TipRanks, Chopra is a 2-star analyst with an average return of 0.7% and a 64.29% success rate. Chopra covers the Consumer Goods sector, focusing on stocks such as Dabur India Limited, Godrej Consumer Products Limited, and Asian Paints Ltd.. Vishal Mega Mart Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of INR125.00.

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