Adani Green shares may rise up to 30%, says Investec while initiating coverage
Investec predicts that using advanced tech in ideal locations will boost energy production significantly. Combined with a greater focus on selling directly to customers, this should result in a 60% annual profit growth over the next six years.
2 top stock recommendations from Osho Krishan
Majority of the counters which I have named just now are about to give a breakout of consolidation. So, once the consolidation breakout comes into picture, then we can again see some kind of a strong upsurge in majority of the IT counters.
Northern Arc Capital IPO subscribed 5 times so far on Day 2; GMP rises to Rs 158
Northern Arc Capital’s IPO, which opened for subscription on Monday, has been subscribed five times by the second day. Non-institutional investors showed the strongest demand, subscribing nine times. The IPO consists of an offer for sale worth Rs 277 crore and a fresh issue of up to Rs 500 crore. Analysts recommend subscribing due to […]
Upside potential of 71%! Bajaj Finance among 8 stocks on which brokerages initiated coverage
Brokerages have recently initiated coverage on eight Indian stocks, including Bajaj Finance, CCL Products, and AU Small Finance Bank, highlighting their growth potential. The optimism is driven by favorable domestic and international economic conditions. Stocks like CCL Products are expected to see significant upside due to advanced technology and strategic expansion efforts.
Bajaj Housing Finance shares up 10% after ending 136% higher on listing day, PhillipCapital sees another 27% upside potential
Bajaj Housing Finance surged 136% on its listing day and rose another 10% to Rs 181.48. PhillipCapital’s coverage sets a Rs 210 target, highlighting strong growth potential and favorable returns.
Ola Electric shares surge 6% after Goldman, BofA initiate coverage, see up to 48% upside
Ola Electric Mobility shares rose 6% to Rs 114.30 after Goldman Sachs and BofA set target prices of Rs 160 and Rs 145. Goldman sees 48% upside; BofA sees 34%.
Suzlon Energy shares deliver 113% return in 6 months: Does more growth awaits?
Suzlon Energy shares surged 116% this year, fueled by a major wind energy order. Despite the stock nearing all-time highs and high valuations, experts suggest cautious entry at Rs 78-79.
Globus Spirits stock surge 4% on launch of its first single malt whisky
Globus Spirits’ shares rose 4% to Rs 1,373 after launching DŌAAB India Craft Whisky, a limited-edition single malt. The whisky, inspired by an Indian fable, is priced between Rs 4,500 and Rs 5,500.
SPP Polymers stock debuts with 7% premium on NSE SME platform
SPP Polymers’ shares debuted on the NSE SME platform with a 6.78% premium, listing at Rs 63 against an issue price of Rs 59. The IPO saw a strong investor response, being subscribed over 40 times. The company plans to use the proceeds for loan repayment, working capital, and general corporate purposes.
This decade and beyond, India will be to consumption, what China was in the previous two decades: Sanjiv Mehta
Sanjiv Mehta, Executive Chairman of L Catterton India, and former Chair & CEO of HUL, predicts that India will become a major consumption hub similar to China’s past growth. He emphasizes the importance of general trade and kirana stores in India’s economic evolution, highlighting the need for increased consumption and market development across various FMCG […]