Ubs

Risks to sustained market up move; temper return expectation: Analysts

Derivative data also offers an interesting narrative, with foreign institutional investors (FIIs) starting the December series with 67 per cent short positions in index futures

Paytm stock hits 52-week high, rises 3% as UBS hikes target to Rs 1,000

UBS highlighted that further business growth must now be driven by revenue, as most cost optimisation efforts have already been realised

Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024

UBS analysts have raised gold's target to $2,750 per oz by end-2024 (from $2,600 per oz), $2,850 per oz by mid-2025 (from $2,700 per oz), and $2,900 per oz by end-3Q25 (from $2,750 per oz)

Hero MotoCorp share price falls 3% in firm market; UBS maintains 'Sell'

Hero MotoCorp share price today declined 2.7 per cent in the intraday trade on Thursday. Read why global brokerage UBS sees nearly 45 per cent downside in the two-wheeler company's stock price

UBS Group AG sells shares of 7 companies worth Rs 4,961 crore

Swiss financial services company UBS Group AG on Friday sold shares of seven companies, including Oil India and Dixon Technologies (India), for Rs 4,961 crore via open market transactions. Zurich-based UBS Group AG through its affiliate UBS Principal Capital Asia offloaded shares of seven companies through separate bulk deals on the National Stock Exchange (NSE). According to the bulk deal data available on the NSE, UBS Principal Capital Asia offlloaded shares of Oil India worth Rs 972 crore, sold shares of Dixon Technologies India for Rs 904 crore, disposed of shares of Rail Vikas Nigam Ltd for Rs 797 crore. UBS Principal Capital Asia also sold shares of Zydus Lifesciences for Rs 756 crore, disposed of scrips of Vodafone Idea, Oracle Financial Services Software and Prestige Estates Projects for a combined value of Rs 1,531 crore on the NSE. Meanwhile, Copthall Mauritius Investment offloaded 20.92 lakh shares of Prestige Estate for Rs 378 crore. UBS Principal Capital Asia picked u

UBS lowers China growth forecasts on deeper-than-expected property downturn

With China's economic momentum subdued since March amid the real estate downturn and a tight fiscal policy stance, the investment bank now expects gross domestic product to expand 4.6 per cent

UBS initiates coverage on KEI Industries with 'buy', sees over 40% upside

With a 12-month view and a 'buy' call on KEI Industries, UBS has given a target of Rs 6,150 per share, which implies a 40.8 per cent upside from Monday's (August 19) closing

Switzerland's UBS Q1 results: Net profit rises to $1.1 bn, shares up 3.6%

The net profit of $1.1 billion for the April-June period beat the $528 million forecast in a company-provided poll

UBS Q2 results: Net profit at $1.1 billion after merger with Credit Suisse

Investors warmed to the takeover, by this summer pushing up the value of UBS's shares by more than two-thirds since it bought Credit Suisse in March 2023

TCS Q1 review: Analysts eye revival; cheap valuation to aid stock rally

TCS Q1 review: According to brokerages, the revenue led beat to estimates was broad based-with almost every vertical reporting sequential growth

UBS makes Karofsky, Iqbal Khan wealth co-heads in management shakeup

Damian Vogel has been appointed Chief Risk Officer and will take over from Christian Bluhm, as part of a series of changes the bank is putting into effect from July 1

UBS signals it's mostly done cutting Asia jobs after Credit Suisse merger

The Swiss lender has been cutting thousands of staff following an emergency rescue of Credit Suisse last year in a government brokered deal. The takeover is due to close officially this week, says Koh

UBS CEO warns about risk of delays to tech integration with Credit Suisse

UBS is integrating 300 of 3,000 Credit Suisse applications and the bank is trying to reduce the risks for clients as it combines platforms, he said

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

The move could come at a cost for shareholders, who could see their holdings diluted in a crisis

UBS faces tougher rules in Swiss govt's response to Credit Suisse rescue

Switzerland's plan will come under close scrutiny at home and abroad because if UBS were to unravel, there are no local rivals left that could absorb it

UBS starts job cuts at HK, Singapore wealth units after profit slump

Wealth generation in China has stalled as the nation's economy struggles to regain momentum amid a property crisis and a selloff in equities

Equity investors make best returns amid falling interest rates: UBS

Based on free-float market capitalisation in the FTSE All-World index, which spans the investable universe for a global investor, the US market accounts for a staggering 60.5 per cent of total value

UBS upgrades TCS to 'Buy', sees 15% upside in stock; here's why

We see enough drivers to believe TCS can deliver industry-leading growth and margins among peers in FY25, the brokerage said

UBS, Credit Suisse lost ground in combined Swiss fund business over 2023

The market share of the combined bank, which became a single entity last year after UBS stepped in to rescue Credit Suisse, fell to 37.6% in 2023, down from 39.3% the previous year

Ahead of Q3FY24 results, UBS gives 'buy' call on Paytm, sees 20% upside

Shares of Paytm surged 4.8 per cent to Rs 750 per share on the BSE in Tuesday's intraday trade