Trent shares rose 7.31 per cent to hit a high of Rs 4,669.95 on BSE. Antique Stock Broking said Trent's Q4 sales, Ebitda and profit after tax beat its expectations by 5 per cent, 22 per cent and 45 per cent, respectively.
Tata Chemicals share price target: Kotak said its fair value for Tata Chemicals remains at Rs 780, and that it continues to expect EPS for the Tata group company to fall by about two-thirds over FY2023-25E amid falling margins on soda ash.
Voltas is starting to fight back for market share and checks suggest double-digit growth for Voltas’s RAC segment (margins remain under pressure), Nuvama said in a recent note.
As per Sharekhan, the ARRs in IHCL’s Delhi and Bengaluru properties is expected to jump by 10-100 per cent and 15-70 per cent, respectively, during the World Cup period, compared with the off-season rates.
Tata Communications share price target: Kotak Institutional Equities raised its target to Rs 1,350 from Rs 1,300, but it sees limited upside potential post the recent run up. Motilal Oswal Securities also finds the stock Rs 1,350 worthy.