FINANCIER
Nifty can accelerate to 25,800, betting on financials, PSUs and metal now: Rohit Srivastava
Rohit Srivastava anticipates Nifty reaching 25,800, favoring financials, especially NBFCs, followed by PSU and private banks. He highlights value in PSUs across sectors and identifies metals as an emerging sector due to attractive valuations and a potential commodity cycle upswing. Commodities, including oil, are expected to perform well in the coming year.
Buy UltraTech Cement, target price Rs 13,500: JM Financial
JM Financial has a Buy call on UltraTech Cement with a target price of Rs 13,500. The current market price of UltraTech Cement is Rs 11464.4. The time period given by the analyst is a year when UltraTech Cement price can reach a defined target. UltraTech Cement, incorporated in 2000, is a Large Cap company with a market cap of Rs 328835.43 crore, operating in the Cement sector.
Buy JK Cement, target price Rs 5,850: JM Financial
JM Financial has a buy call on JK Cement with a target price of Rs 5,850. The current market price of JK Cement Ltd. is Rs 5,799.75. JK Cement, incorporated in 1994, is a Mid Cap company with a market cap of Rs 44165.76 crore, operating in the Cement sector.
India Inc's ship needs more armaments, least prepared in APAC to tackle financial and geopolitical risks: Kroll Study
A Kroll study reveals Indian C-suite leaders are least prepared in APAC for financial and geopolitical challenges, particularly concerning budget issues and cybersecurity. They prioritize financial metrics over risk management, unlike their global counterparts. While confident in domestic growth, Indian businesses face significant concerns regarding tariffs and economic instability, impacting sectors like gems, jewellery and textiles.
How not to keep secrets: India’s real estate, trusts and partnerships tell the story
Tax Justice Network's Financial Secrecy Index ranks India 24th globally, highlighting both progress and persistent opacity. While India shows transparency in corporate ownership, weaknesses remain in areas like beneficial ownership and international cooperation. The index underscores the need for global fairness and transparency, urging countries to prioritize it for economic stability and trust.
The ₹1 crore illusion: Why financial advisor Akshat Shrivastava says your money won’t be worth what you think in the future
Finance educator Akshat Shrivastava warns that many people are unknowingly losing money each year due to inflation and unchecked currency printing. Using a relatable example of a falling flat price, he explains how the value of money is quietly eroding over time. He urges people to invest in assets that can outpace inflation and to develop financial awareness. His message is simple but urgent: if you don’t understand how money works, your wealth may be slipping away without you even realising it.
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Rural recovery to power financials, NBFCs poised for revival: Punita Kumar Sinha
Punita Kumar Sinha suggests focusing on quality, defensives, and FMCG, anticipating a boost from a better monsoon. She recommends a domestic-focused portfolio including financials, particularly NBFCs benefiting from a recovering rural economy. While IT valuations are reasonable, a catalyst for increased spending remains uncertain due to ongoing trade and immigration concerns.
JM Financial gets 142,000 sq ft Mumbai office space through CIRP resolution
JM Financial Products has acquired 142,000 sq ft of office space in a Mulund high-rise as part of a bankruptcy-linked settlement involving Ariisto Realty. The Rs 150 crore property transfer, structured through the insolvency resolution process, marks a strategic addition to JM’s portfolio and reflects evolving real estate debt settlements.
Buy Suzlon Energy, target price Rs 81: JM Financial
JM Financial suggests buying Suzlon Energy shares. The target price is now Rs 81. Suzlon's current market price is Rs 67.33. The company's income rose significantly this quarter. Wind energy demand is increasing in India. This is due to hybrid projects and import controls. JM Financial expects Suzlon's earnings per share to grow in the coming years.
JM Financial retains Buy on Gokaldas Exports; target price Rs 1,265
JM Financial maintains a Buy call on Gokaldas Exports, projecting a target price of Rs 1,265. The company anticipates near-term challenges due to higher costs, but expects margin recovery in the second half of FY26. Gokaldas Exports remains optimistic about long-term growth, driven by shifting global sourcing and supplier consolidation, making it JM Financial's top pick in the textile sector.
UK financial regulator partners with Nvidia in AI 'sandbox'
The programme is intended to help firms in the early stages of exploring AI, offering access to technical expertise, better datasets and regulatory support, the FCA said. It is open to all financial services companies experimenting with AI. "This collaboration will help those that want to test AI ideas but who lack the capabilities to do so," Jessica Rusu, the FCA's chief data, information and intelligence officer, said.
Sebi imposes Rs 3 lakh fine on Motilal Oswal Financial Services for violations of stock brokers' norms
Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers' norms.
Almost 100 million views: Pune grandmother's ‘Kajra Re’ dance moves becomes a symbol of financial freedom. Fund manager awestruck
A video of an elderly woman, fondly called Dadi, dancing to a Bollywood song went viral. Gurmeet Chadha shared the video, inspiring many. Dadi's energetic moves sparked discussions about aging with dignity and financial independence. Viewers praised her vitality and speculated about her retirement planning. The video reminded people of legendary dancers and the beauty of aging well.
Nifty Bank rallies to record high, crosses 57,000 mark as RBI policy support lifts financial stocks
Nifty Bank hit a record high above 57,000 as the RBI’s surprise 50bps rate cut and CRR reduction boosted financial stocks. Private and mid-sized banks led gains amid improved liquidity and credit growth outlook. Positive U.S.-India trade talks and strong global cues further supported the broader market, lifting Nifty 50 and Sensex on Monday.
Buy Metro Brands, target price Rs 1,400: JM Financial
JM Financial recommends a buy for Metro Brands, setting a target price of Rs 1,400, anticipating an increase from the current market price of Rs 1216 within a year. The company's recent financial results show a consolidated total income of Rs 665.83 crore for the quarter ended March 31, 2025, with a net profit after tax of Rs 94.91 crore.
Hold Avenue Supermarts, target price Rs 3,880: JM Financial
JM Financial has issued a Hold call on Avenue Supermarts, setting a target price of Rs 3,880, while the current market price is Rs 4,163. Avenue Supermarts reported a consolidated total income of Rs 14,896.91 crore for the quarter ended March 31, 2025, reflecting a decrease from the previous quarter but an increase year-over-year.
JM Financial maintains Buy on PNC Infratech, lowers target price to Rs 450
JM Financial maintains a Buy rating on PNC Infratech, revising the target price to Rs 450. The brokerage anticipates robust EPS CAGR of 43% over FY25-27E, driven by monetization proceeds and expected order activity. While appointed date delays led to EPS cuts, attractive valuations at 11x/9.5x FY26/27E EPS support the positive outlook.
Mizuho to acquire Avendus from KKR at $700 million valuation
Mizuho Financial Group is set to acquire KKR-backed Avendus Capital for $700 mn, marking Mizuho's largest investment in India. The deal involves KKR's exit and will give Mizuho up to 70% ownership. Avendus founders, excluding Ranu Vohra, will remain invested and manage the company, continuing its operations across financial services in India, the US, and Singapore.
Quant Small Cap Fund increases stake in Jio Financial Services, NCC and reduces in Aadhar Housing Finance
Quant Small Cap Fund increased holdings in Jio Financial, NCC, and eight other stocks in May while exiting five stocks and adding 10 new names including Aditya Birla Lifestyle and Aarti Industries. Its portfolio now holds 92 stocks with Rs 28,205 crore AUM.
More money on the Street draws bulls to realty, auto, financials
Following the RBI's policy rate cut and CRR reduction, interest rate-sensitive sectors like banks, financials, property, and autos experienced a surge, propelling the Nifty past 25,000. The Nifty Bank index reached a new high, while realty and financial services also saw significant gains.
No side business? No family wealth? CA shares 'boring' wealth formula that works while you sleep
CA Nitin Kaushik shared insights on X about financial discipline and wealth creation, emphasizing saving before spending, inspired by Warren Buffett. He highlighted the power of compounding, illustrating how consistent investments grow significantly over time. Kaushik advised starting early, reinvesting returns, and avoiding unproductive debt for long-term financial independence.
Billionaire boom: This financial adviser says India is minting billionaires much faster than millionaires across the world
India is producing billionaires at a faster pace than millionaires, fuelled by entrepreneurship, digital ambition, and generational wealth transfer. According to Akshat Shrivastava and the World Wealth Report 2025, India’s high-net-worth population is growing faster than global peers, despite lagging in overall millionaire numbers. Young Indian investors are shifting towards offshore assets, demanding digital-first wealth management, and reshaping traditional investment models. This quiet revolution in wealth creation signals a profound shift in how—and where—India’s financial elite plan their futures.
Buy UltraTech Cement, target price Rs 13,500: JM Financial
JM Financial recommends a 'buy' for UltraTech Cement, setting a target price of Rs 13500.0. In the quarter ending March 2025, UltraTech Cement reported a consolidated total income of Rs 23165.45 crore, a 12.70% increase from the previous year, and a net profit after tax of Rs 2485.56 crore. Promoters hold a significant 59.23% stake in the company.
Buy ACC, target price Rs 2,150: JM Financial
JM Financial suggests buying ACC shares, setting a target price of Rs 2,150. Currently, ACC's market price stands at Rs 1,885. The company's consolidated total income for the quarter ending March 31, 2025, reached Rs 6260.40 crore. This reflects a decrease from the previous quarter but an increase compared to the same quarter last year.
Financial services secretary M Nagaraju asks states to ensure bank staff safety
Financial Services Secretary N Nagaraju has urged state governments to take strict action against individuals who harass bank staff. He emphasized the importance of uninterrupted banking services for citizens and businesses. Nagaraju called for deterrent legal measures to protect bank employees and maintain public trust in the banking system.
Investor suggests a simple formula to become a crorepati: 'First learn to manage what you already have'
UK investor Rob Moore went viral after sharing a story about saving money on daily coffee to highlight the power of small, consistent savings and compound interest. Using his conversation with a barista as an example, he claimed even modest daily savings could grow into a fortune over time. While some praised his financial advice, others criticized the post as exaggerated or unrealistic.
JM Financial maintains Buy on Welspun Living; lowers target price to Rs 200
JM Financial maintains a Buy call on Welspun Living, projecting a target price of Rs 200. The company's Q4FY25 consolidated total income rose to Rs 2648.16 crore, with a net profit of Rs 133.04 crore. Despite tariff uncertainty impacting margins, the brokerage anticipates earnings growth driven by stable cotton prices and government support for the textile sector.
Buy Ahluwalia Contracts, target price Rs 1,210: JM Financial
JM Financial maintains a Buy call on Ahluwalia Contracts, revising the target price to Rs 1210. The brokerage anticipates robust revenue and EPS growth, driven by a strong order backlog and margin recovery. With a substantial backlog of Rs 158 billion, the company demonstrates strong growth visibility and consistent free cash flow generation.
Buy Campus Activewear, target price Rs 340: JM Financial
JM Financial reaffirms a buy call on Campus Activewear, setting a target price of Rs 340, anticipating growth driven by channel expansion, supply chain improvements, and brand building. The company's Q4 FY25 standalone total income was Rs 411 crore, reflecting a year-on-year increase, with a reported net profit after tax of Rs 35.03 crore. Promoters hold a significant 72.14% stake.
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