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UBS increases target price for MGL shares by 50%, retains Buy call
UBS has reaffirmed its "Buy" rating on Mahanagar Gas Limited (MGL) and has substantially increased its target price to Rs 2400, up 50% from the previous target of Rs 1600.
 
                  
UBS double upgrades IGL to Buy from Sell, increases target price by 75%
UBS has upgraded its rating on Indraprastha Gas Limited (IGL) from "Sell" to "Buy," reflecting a significant shift in its outlook for the company. The brokerage has also raised its target price for IGL to Rs 700, a notable increase of 75% from the previous target of Rs 400.
 
                  
UBS initiates coverage on PFC, REC with Buy rating, expects both stocks to rally over 16%
UBS has initiated coverage on Power Finance Corporation (PFC) and REC Limited, assigning both stocks a "Buy" rating.
 
                  
 
                  
TVS Motor share price surges 3% to hit all time high as UBS and JPMorgan turn bullish on the stock
TVS Motor share price surges over 3% in trade today to hit an all-time high of Rs 2,818 after brokerages like UBS and JPMorgan increased their target prices for the stock.
 
                  
UBS expects Shyam Metalics shares to rally 60%, initiates coverage with Buy rating
UBS has initiated coverage on Shyam Metalics and Energy Limited (SMEL) with a "Buy" rating, setting a price target of ₹1,200, which represents a potential 60% upside from the current share price.
 
                  
SEBI bars Vijay Mallya from securities market for 3 years, orders to freeze all existing holdings
The market regulator SEBI found Mallya guilty of routing funds through overseas accounts to trade in shares of his own companies, violating multiple securities laws.
 
                  
IndiGo shares can rally upto 31% from hereon, say brokerages post Q3 results
IndiGo’s Q3 net profit surged 111% on a YoY basis at Rs 2,998 crore against a net profit of Rs 1,423 crore posted in the same period last year
 
                  
Credit Suisse Ltd appoints Daniel Hunziker as Head of Corporate Banking
The appointment of Hunziker comes as Andreas Gerber, the current head of corporate banking who also serves as a member in the executive board of Credit Suisse is set to depart from the company and will be taking a long break for time being.
 
                  
Colm Kelleher to be the new chairman of UBS
Colm Kelleher, a Bandon native, will take over as chairman of UBS next year when current chairman Axel Weber steps down.
