The Latest Breaking News from Citi

Govt 'must sharpen economic strategy'

Thailand needs to sharpen its economic strategy, speed up government procedures and maintain policy and financial stability if it wants to capture a larger share of global investment, Citi says.

Bangkok Post · Aug 16

Airtel prepaid plan tweaks: Brokerages estimate per-user revenue lifts ranging from Rs 4 to Rs 12

Bharti Airtel has withdrawn select prepaid plans, prompting customer upgrades. This move is expected to increase average revenue per user by Rs 4 to Rs 12. Brokerages view this as targeted plan rationalization for premiumization. Subscribers of the Rs 299 plan may now opt for pricier alternatives. The telco aims…

The Economic Times · Aug 16

Tata Motors PV shares fall 5% after weak Q1 results. What are Morgan Stanley, Nomura, others saying?

TMPV Share Price: Tata Motors’ Q1 FY27 net profit plunged 80% YoY to ₹775 crore due to supply disruptions, Middle East tensions and Jaguar’s wind-down, while revenue rose 9% to ₹95,799 crore and EBITDA margin narrowed to 7.4%.

The Economic Times · Aug 14

Godrej Consumer Products shares tank 10% after CEO’s sudden exit; HSBC downgrades to Hold

Godrej Consumer Products shares declined 10% following the sudden resignation of CEO Sudhir Sitapati, who announced his work was finished and it was time for new beginnings. HSBC nalysts have since downgraded the stock, highlighting potential uncertainties and execution hurdles ahead, despite the company showcasing strong Q1 performance with impressive…

The Economic Times · Aug 12

Ola Electric shares fall 6% even as Q1 loss narrows. Why brokerages see up to 51% downside

Ola Electric shares fell after the company reported a narrower Q1 FY27 net loss of Rs 336 crore, compared with Rs 428 crore a year ago. However, revenue from operations declined 45% YoY to Rs 455 crore, despite rising 72% QoQ from Rs 265 crore in Q4 FY26.

The Economic Times · Aug 10

Citi Just Downgraded The Trade Desk (TTD) Stock. Here's Why.

The Trade Desk shares crash on a broadly disappointing Q2 earnings release, but Citi analyst says TTD stock could tumble further moving forward.

Barchart · Aug 7

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 · Aug 7

Amid Powerful Positive Catalysts, Texas Instruments Stock Looks Appealing

TXN should benefit from the continued, solid growth of data centers and automotive software.

Barchart · Aug 4

Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake sale

Peak XV and Elevation Capital plan to sell a 2.3 per cent stake in Meesho via Rs 1,900 crore block deals. This follows Meesho narrowing its Q1 net loss to Rs 133 crore, while brokerages like Citi and Morgan Stanley remain divided on near-term growth dynamics.

The Economic Times · Aug 4

Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South Korea’s 'bipolar' stock market

South Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40% crash driven by single-stock leveraged ETFs, drawing retail protests. Nomura targets 10,000-11,000 for Kospi, while Citi downgraded the market to neutral over volatility.

The Economic Times · Jul 31