New Home Sales : Positive for USD
Actual: 693K
Survey: 668K
Prior: 662K
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New Home Sales : Positive for USDActual: 693K Survey: 668K Prior: 662K
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Kotak Inst Eqt on SUN TV* Buy, TP Rs 740 Ad revenue declined 2.5% yoy in 4Q, weak on both absolute & relative basis. Soft topline & higher costs led to a 14.5% yoy decline in core biz EBITDA Stock trading at 7X June 2026E core TV biz earnings*GOLDMAN SACHS on RIL* Buy, TP Rs 3420 RIL’s current discount to NAV of 19% is its widest since Jan 2021, with recent widening in discount potentially driven by a decline in Singapore refining margins & slight earnings miss in 4Q Believe multiple +ve catalysts ahead could drive share O-P StockMarket #Investment #FinancialNews #NIFTY Kotak Inst Eqt on SUN TV* Buy, TP Rs 740 Ad revenue declined 2.5% yoy in 4Q, weak on both absolute & relative basis. Soft topline & higher costs led to a 14.5% yoy decline in core biz EBITDA Stock trading at 7X June 2026E core TV biz earnings*GOLDMAN SACHS on RIL* Buy, TP Rs 3420 RIL’s current discount to NAV of 19% is its widest since Jan 2021, with recent widening in discount potentially driven by a decline in Singapore refining margins & slight earnings miss in 4Q Believe multiple +ve catalysts ahead could drive share O-P StockMarket #Investment #FinancialNews #NIFTY
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