Latest news and updates about Jefferies.
Featured Coverage
Explainers & Analysis
No explainers tagged yet. We are curating them now.
Brokerages are divided on how a potential easing of Indias restrictions on Chinese firms bidding for government contracts could affect Bharat Heavy Electricals Ltd. While Jefferies flags competitive risks if curbs are lifted, JM Financial argues that any relaxation, especially at the component level, would lower costs, improve execution and leave BHELs market position largely intact, underpinning its positive long-term outlook on the stock.
A day after Reliance Industries (RIL) shares fell 4.4%, wiping out Rs 94,000 crore in market value, Jefferies raised its 12-month price target to Rs 1,830, maintaining a Buy rating. The brokerage cited a potential Jio tariff hike and an IPO of the telecom arm as key triggers for the conglomerates next re‑rating, implying roughly 21% upside.
Jefferies initiates Buy on Emmvee Photovoltaic, citing Indias rapid solar scale-up, strong policy support and cost advantages. It expects installations to grow 24% CAGR, lifting domestic manufacturers profitability and positioning Emmvee for high-teen returns despite medium-term margin pressures.
Jefferies has initiated coverage on Growws parent Billionbrains Garage Ventures with a Buy rating, citing strong client growth, rapid product expansion and margin potential. The brokerage expects robust earnings growth driven by new offerings, operating leverage and a strategy similar to Robinhoods scalable, product-led model.
