The global investment bank expects policy-related developments to be positive for the Indian gas sector. Local developments have the potential to reverse 3-5 years of underperformance, said the note. It maintains IGL as the preferred overall gas pick with a target of Rs 490. It is positive on MGL with a target of Rs 1040, and Gujarat Gas with a target of Rs 580.
Hindustan Zinc shares rise over 3% after Q4 profit grows 47% YoY to Rs 3,003 crore, Nuvama cuts target price
Hindustan Zinc shares rose after Q4FY25 EBITDA beat estimates, driven by strong volumes and lower production costs. Nuvama cut the stock’s target price slightly, citing
April 28, 2025