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Concord Biotech share price surges 20%; Kotak upgrades the stock to an add

Concord Biotech share price surges 20%; Kotak upgrades the stock to an add
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Kotak institutional equitiesInstitutional equitiesKotak securities

Concord Biotech rallies 8% as Kotak upgrades stock to add , sees 11% upside

After an impressive 220 bps EBITDA margin expansion in FY24, Concord is guiding for further improvement in FY25/26.

Rakesh jhunjhunwalaOntario incConcord biotechKotak institutional equities

Oil India stock slips 3% in 2 days amid profit booking; brokerages see limited upside

Despite strong Q4, brokerages believe that the stock s expensive valuations would limit its run-up in the long-term

Motilal oswalOil indiaKotak institutional equities

Tata steel results Today: Here s what analysts expect

Stock Market Today: Tata Steel share price having risen more than 60% in a year. is trading near 52-week highs it scaled a few days back. The company while is expected to see good volume growth, profitability for domestic operations may decline sequentially. Here s more from what analysts expect -

Tata steelSteel europeSteel united kingdomKotak institutional equitiesPhillip capitalIndia ebitdaBlast furnacePress gazette

Rethink PE ratio valuation for high capex sectors like cement, specialty chemicals: Kotak analysts

Kotak analysts recommend reassessing this valuation method in these high capex sectors since earnings do not translate well into free cashflow or dividends

Morgan stanleyKotak institutional equities

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