High conviction picks! Prabhudas Lilladher sees up to 40% upside potential in these 16 stocks
Prabhudas Lilladher has revealed 16 high conviction stock picks. These selections offer investors potential upside of up to forty percent. The brokerage firm has also adjusted its Nifty 50 target downwards. Despite headwinds, the market is not expected to see a significant correction. Investors can explore these opportunities for potential gains.
Motilal Oswal shares jump 5% after UBS initiates coverage with ‘Buy’, sets Rs 1,150 target
Shares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a ‘Buy’ rating and Rs 1,150 target price. The brokerage cited strong AUM growth prospects, recurring revenue expansion, and benefits from India’s long-term financialisation trend.
Sterlite Tech, HFCL shares rally up to 5% after 2-day fall. What’s triggering the surge?
Shares of HFCL and Sterlite Technologies surged up to 5% on Friday, recovering from a two-day decline. This rebound follows a global tech stock recovery and is driven by India’s booming data center industry, fueled by digitalization and AI demand. Both companies, key players in optical fiber cable manufacturing, are poised for further growth, with […]
MTAR Tech shares rally 12% after crashing 15% over 2 days. What lies ahead?
MTAR Tech shares rebounded 12% after a sharp two-day fall triggered by concerns over a potential project pause linked to Bloom Energy. The company clarified no such communication was received, easing investor worries. Strong order book growth, bulk deal activity, and broader market optimism supported the recovery.
Did City Union Bank shares really crash 23% in one day? Here’s how the bonus math works
City Union Bank shares appeared to fall 23% after turning ex-bonus following its 1:3 bonus issue, but the decline was purely technical. Adjusted prices show the stock actually gained on the day. The move reflects share price recalibration, not value erosion, while the bank continues to post steady financial performance.
High conviction picks! Prabhudas Lilladher sees up to 40% upside potential in these 16 stocks
Prabhudas Lilladher has revealed 16 high conviction stock picks. These selections offer investors potential upside of up to forty percent. The brokerage firm has also adjusted its Nifty 50 target downwards. Despite headwinds, the market is not expected to see a significant correction. Investors can explore these opportunities for potential gains.
Vedanta demerger: Which demerged stock should you buy after their market debut on June 15?
Vedanta’s mega demerger sees four new companies listing on June 15. Analysts suggest Vedanta Aluminium Metal as a strong buy due to capacity expansion and robust LME prices. Other demerged entities like Vedanta Power, Oil & Gas, and Iron & Steel are expected to debut as small-cap stocks.
BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?
Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOCL, and BPCL shares gained significantly on Friday. Experts, however, caution that full oil market normalization could take years even if a deal is reached.
Kospi jumps over 8% on Iran peace deal hopes; world’s best-performing market up 94% YTD
South Korean stocks surged on Friday, with the KOSPI jumping as much as 8.5%, driven by optimism that Middle East tensions could ease after U.S. President Donald Trump signaled a possible Iran deal this weekend. The rally helped the index end a volatile week up 3.2%, recovering from the previous week’s 3.7% decline triggered by […]
Another AI aftershock sends Indian IT stocks for a tumble
Indian IT shares extended their seventh straight session of losses as Anthropic’s new AI model intensified investor fears of revenue disruption. Global tech stock declines, particularly in the Nasdaq, further fueled the sell-off. Analysts suggest a potential cyclical recovery in September, but caution that geopolitical tensions could cause delays.