Agrochemicals maker PI Industries could give returns of up to 28% if it can break from a strong resistance zone, according to investment advisory Sharekhan, which has a ‘buy’ stance on the stock with a target price of INR4,200 ($57). Last week, senior vice-president of technical and derivatives research at Axis Securities, Rajesh Palviya, predicted the stock price could rise as much as 17% to INR4,000 if it can move above resistance levels. However, PI Industries has underperformed the 50-stock index year-to-date, rising just 0.12%.
FM Sitharaman takes part in customary halwa ceremony; marks final stage of Budget preparation
Finance Minister Nirmala Sitharaman participated in the traditional ‘halwa’ ceremony, marking the final stage of preparing the Union Budget 2025-26. This custom signifies the ‘lock-in’
January 24, 2025