Afcons Infrastructure’s shares surged nearly 6% following a Rs 700 crore work order from Reliance Industries for their Vinyl Projects in Dahej, Gujarat. This includes civil, mechanical, and associated works. Despite a Q4 profit decline, analysts maintain a ‘Strong Buy’ rating with an average target price of Rs 543, indicating a potential upside.
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upside
The RBI has cancelled Paytm Payments Bank’s license due to regulatory non-compliance, citing detrimental operations and prejudiced management. While Bernstein views this as incrementally negative
April 25, 2026