Vodafone Idea target price: For BofA Securities, VIL is not a Buy as it is further awaiting clarity on funding position improvement post FY26 as the spectrum moratorium ends.
RIL: Jefferies said Q4 numbers for O2C and Reliance Jio were ahead of its estimates but retail segment missed estimates. It said Reliance Retail's growth was soft but balance sheet improved, aided by capital raise, asset divestiture.
RIL Q4 results today: Prabhudas Lilladher expects RIL to log 10.7 per cent YoY drop in profit at Rs 17,230 crore. PL sees sales rising 13.7 per cent YoY to Rs 2,42,020 crore. Margin is seen at 17.6 per cent, down 50 basis points over 18.1 per cent YoY.
TRIL price target: The stock hit its 5 per cent upper circuit limit a Rs 494.25 on BSE. This was the 12th straight day of rise for the stock. Nuvama has a target price of Rs 575 on the scrip.
Adani Power said that one unit of 600 MW capacity of arm Mahan Energen, Mahan thermal power plant, out of its aggregate operating and upcoming capacity of 2800 MW, will be designated as the captive unit for this purpose.