Multibagger defence PSU BEL surges over 9% after Q4 results, earns upgrade from Motilal

May 21, 2024

BEL shares hit a record high, up 9% after a 30% profit increase and dividend declaration. Brokerages are optimistic about BEL’s growth potential, with target prices set by Nomura & Motilal Oswal, citing improved margins & government support for the defence sector.

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PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?

PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such

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PNB shares jump 8% after Q2 results beat estimates; Jefferies, Motilal Oswal, others raise target prices

Punjab National Bank shares rose sharply on Monday after the lender reported a 13% year-on-year rise in Q2FY27 net profit to Rs 5,532 crore. Stronger

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