#nomura
Nomura downgrades Cummins India shares to Neutral despite raising target price by 25%. Here’s why
Nomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pressure from rising commodity costs. While the brokerage remains optimistic about long-term growth driven by data centres a…
Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyers
Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy suppo…
True North exits Fedbank Fin in a Rs 385.4-cr block deal
The fund sold about 2.57 crore shares, or 6.86% of its total equity. Nomura India Equity Fund was the buyer of these shares. Fedbank shares ended 1.9% lower at ₹149.51 on Tuesday.
Hyundai shares jump 5% even after Q4 net profit drops 22%. Here’s why Nomura, other brokerages remain bullish
Hyundai Motor India shares surged nearly 5% despite a 22% drop in Q4 FY26 net profit, as brokerages maintained 'Buy' ratings. The automaker's revenue grew over 5% in the quarter, and its board recommended a Rs 21 per share dividend. Analysts remain optimistic…