Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Bernstein

Paytm karo, back in vogue again: Can the stock reclaim IPO price after 5 years and 480% rally?

Paytm shares have rebounded over 480% from their lifetime low but remain 20% below the Rs 2,150 IPO price. The introduction of MDR on select high-value UPI transactions could create a new revenue stream for the fintech, while merchant lending, operating leverage and AI initiatives may offer additional growth avenues.

The Economic Times

Despite Robust Growth, CoreWeave Remains Unattractive on Leveraging and Margin Contraction

Despite Robust Growth, CoreWeave Remains Unattractive on Leveraging and Margin Contraction

Bernstein says that CoreWeave is most at risk if AI model development slows.

Paytm shares drop 3% after govt shields UPI payments only up to Rs 2,000 from charges. Should you buy the dip?

Paytm shares drop 3% after govt shields UPI payments only up to Rs 2,000 from charges. Should you buy the dip?

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising uncertainty over charges for higher-value transactions. The decline came a day after Paytm hit a fresh 52-week high of Rs 1,840, with the stock having nearly doubled from…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

HDFC Bank share price target: What are Jefferies, 3 other foreign brokerages saying as CEO hunt intensifies?

HDFC Bank shares on Tuesday as the lender submitted two CEO candidates to the RBI, intensifying focus on its leadership transition. Jefferies, Nomura, Bernstein and Macquarie remain positive on the stock, with price targets ranging from Rs 880 to Rs 1,150. Analysts see leadership clarity as a potential re-rating catalyst.

The Economic Times

HDFC Bank shares rise 3% as lender shortlists CEO candidates. Why Bernstein, Nomura, others see up to 62% upside

HDFC Bank submitted two CEO candidates to the RBI, initiating the succession process. Brokerages maintain bullish calls for the stock, citing potential continuity and a cleaner slate. An internal candidate offers familiarity, while an external one could drive strategic reassessment. The bank's shares have underperformed significantly, showing oversold readings. Analysts…

The Economic Times

CRWV Stock Alert: Why CoreWeave May Have the Most to Lose From an AI Slowdown

CoreWeave stock sinks as tech leaders warn AI model development must be paced. Here’s why Bernstein sees CRWV shares are excessively exposed to that narrative.

Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant

Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has set a Rs 2,200 target, implying further upside, while flagging key downside risks.

The Economic Times

inkl

Read news from The Economist, FT, and more,
with one subscription

BSE shares fall 3% as rival NSE gets closer to mega IPO. More pain ahead?

BSE shares fall 3% as rival NSE gets closer to mega IPO. More pain ahead?

BSE shares fell on Friday after rival NSE announced its Rs 22,662-crore IPO, with the issue set to open on September 17. Bernstein has an ‘Underperform’ rating on BSE, citing moderating retail participation and potential peaking of market share gains in FY27. The stock remains sharply higher over longer periods.

The Economic Times

Explained: Why Bernstein prefers MCX over BSE as volumes plummet amid CAS chaos

Explained: Why Bernstein prefers MCX over BSE as volumes plummet amid CAS chaos

Bernstein has favoured MCX over BSE as commodity derivatives volumes maintain strong momentum while equity derivatives activity weakens amid the Closing Auction Session. The brokerage expects MCX’s growth to support earnings upgrades, while BSE faces moderating volumes, slowing market share gains and a sharp deceleration in earnings growth over the…

The Economic Times

BSE shares fall 4% to snap 3-day rally as Bernstein forecasts up to 17% downside

BSE shares fall 4% to snap 3-day rally as Bernstein forecasts up to 17% downside

BSE shares fell sharply on Wednesday after Bernstein initiated coverage with an Underperform rating and a Rs 2,820 target, implying 17% downside. The brokerage expects retail participation in equity derivatives to moderate and BSE’s market share gains to peak in FY27. Meanwhile, CAS-related volume concerns add to the pressure.

The Economic Times

India’s growth gets a government lift, Bernstein flags hidden costs

India’s growth gets a government lift, Bernstein flags hidden costs

India's economic outcomes show distortions, not solely free-market forces at play. Company earnings and asset valuations are influenced by government interventions and incentives. Production Linked Incentive schemes support profitability in manufacturing sectors. Rural spending persists due to direct government transfers, not productivity gains. Policy interventions reshape outcomes, making growth seem…

The Economic Times

Bernstein cuts PFC, REC target prices as bank competition weighs on loan growth

Bernstein cuts PFC, REC target prices as bank competition weighs on loan growth

Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from banks, slower renewable capacity additions and improving financial health among state-owned DISCOMs. The brokerage lowered its target to Rs 465 for PFC and Rs 410…

The Economic Times

Rooftop solar, KUSUM account for 40% of India's solar capacity additions in FY27 till July: Bernstein

Rooftop solar, KUSUM account for 40% of India's solar capacity additions in FY27 till July: Bernstein

Rooftop solar and KUSUM scheme are driving India's solar capacity growth. These initiatives accounted for forty percent of additions in the current fiscal year. Utility-scale projects face transmission challenges, impacting their expansion. India added significant renewable capacity in the previous fiscal year. Future additions may moderate as transmission infrastructure develops.

The Economic Times

Ahead of Walmart Earnings, Here's What Barchart Data Says Comes Next for WMT Stock

Ahead of Walmart Earnings, Here's What Barchart Data Says Comes Next for WMT Stock

Walmart is set to report its fiscal Q2 earnings on Aug. 20. The options market believes WMT shares will sink after the earnings event.

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Sebi chief Tuhin Kanta Pandey says CAS here to stay, will study concerns over rollout

Sebi Chairman Tuhin Kanta Pandey says the closing auction session (CAS) is here to stay, even as the regulator reviews concerns over its implementation. Launched on August 3, CAS has triggered sharp moves in the final minutes of trading and raised concerns over legacy systems, order placement and derivative positions.…

The Economic Times

Jubilant Foodworks shares rally 6% after Q1 results; Bernstein sees Popeyes as strong growth driver. Should you buy?

Jubilant FoodWorks shares rose to Rs 521 after Q1 FY27 revenue increased 14% year-on-year to Rs 2,570 crore, while EBITDA grew 10% to Rs 360 crore. Domino’s India posted 2.5% LFL growth, while Popeyes delivered 97% revenue growth. Bernstein and Motilal Oswal retained positive ratings, citing Popeyes momentum and prospects…

The Economic Times

Paytm management gets Sebi show cause notice over timing of 2023 loan disclosure announcement

Paytm management has received a Sebi show-cause notice over the timing and classification of information disclosed in a December 2023 corporate announcement. The company said its key managerial personnel are evaluating the notice and will respond within 14 days. The development comes after Paytm reported strong Q1 FY27 earnings and…

The Economic Times

Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660

Bernstein maintains an Outperform rating on Microsoft and raises its target to $660, citing disciplined AI infrastructure spending, flexible datacenters, staggered commitments and strong fundamentals that support long-term growth.

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Paytm shares recover 410% from 2024 low, but will long-awaiting IPO investors finally see redemption?

Paytm shares have soared over 410 percent from their lowest levels, igniting hopes among investors that the stock will soon hit its initial public offering price. Bernstein's increased target price offers a promising outlook, suggesting a strong uptrend following a period of consolidation. The future of this recovery will hinge…

The Economic Times

Paytm shares jump 5% after Bernstein assigns target price above IPO price for first time

Paytm Share Price: Paytm shares rallied after Bernstein raised its target price to Rs 2,200, implying 52% upside, while retaining an Outperform rating. The target is the highest on the Street and the first above Paytm’s Rs 2,150 IPO price, with Bernstein factoring in UPI MDR from FY28.

Broadcom Will Survive the AI Bubble, But Everyone Else Won't. Here's Why.

Broadcom may look like another AI chip stock, but its long-term custom-chip contracts give it a level of demand visibility that many rivals lack.

The Economic Times

Trent shares slide 3% after Q1. What Morgan Stanley, four other brokerages recommend

Trent shares fell 3% after the Tata Group retailer reported a 21% year-on-year rise in Q1 consolidated net profit to Rs 519 crore. Revenue from operations grew 18% to Rs 5,755 crore. On a sequential basis, net profit increased 25% and revenue rose 14%, although the stock came under pressure…

The Economic Times

Swiggy’s Rs 60,000 crore breakeven challenge: Can Instamart grow without restarting the cash war?

Swiggy's Instamart is targeting an impressive ₹60,000 crore in annualised net order value to achieve profitability. To reach this goal, the platform must double its current orders and enhance contribution margins significantly. This means Instamart should aim to garner an additional ₹30 per order through various optimizations. However, the competitive…

The Economic Times

UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchants

Government proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions. Payments above Rs 2,000 to large merchants are a possible focus. This aims to support the payment ecosystem's continued investment and growth. Everyday UPI payments and person-to-person transactions will…

You Hit Micron’s Bear Thesis Every Time ChatGPT Says ‘Start a New Chat.’ Burry’s MU Short Might Be Onto the Same Thing.

Michael Burry’s latest Micron short highlights a long-term bear case that hinges on AI breakthroughs reducing future memory demand.

1 2 3 4 5

People

Debaroti Adhikary

Tuhin Kanta Pandey

Sashidhar Jagdishan

Vijay Shekhar Sharma

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play