The stock surged 20.15% to close at ₹8.17. Citi reaffirmed its buy rating on the stock with a price target of ₹12, while CLSA upgraded its rating to outperform and raised its price target to ₹10 from ₹6.
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen
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