After ending its listing day 136% higher than the issue price of Rs 70 per share, Bajaj Housing Finance (BHFL) shares rallied another 10% today to Rs 181.48 on BSE. Post-listing, domestic brokerage firm PhillipCapital has also initiated coverage on the stock with a target price of Rs 210. PhillipCapital is the first brokerage to…
READ MOREShares of Macrotech Developers surged 5% to its day’s high of Rs 1,297.60 on BSE after the global brokerage firm Nomura initiated coverage on the stock with a buy rating and a target price of Rs 1,600, predicting a 30% upside potential. The global brokerage firm is positive on the stock’s future prospects given its…
READ MOREShares of Gujarat Gas surged 13.6% to its new all-time high of Rs 689.45 on BSE after the company on Friday announced the restructuring of its group entities Gujarat State Petroleum Corporation (GSPC), Gujarat State Petronet (GSPL), and Gujarat Gas, following which the brokerages have upgraded the stock’s target price up to Rs 715. Under…
READ MOREShares of Bharti Hexacom on Friday rallied 6% on BSE to its day’s high of Rs 1,245.70 after the global brokerage firm Citi initiated coverage on the stock with a buy rating and a target price of Rs 1,405. “The company is an attractive midcap telco with a strong growth outlook. It is a pure-play…
READ MOREGlobal brokerage firm Jefferies has upgraded Zydus Lifesciences to a ‘Buy’ rating, citing the strength of the company’s US pipeline as a key driver for future growth. The brokerage raised its target price for the stock to Rs 1,450 from the previous Rs 1,210, reflecting a 30% upside potential from the previous day’s closing price…
READ MOREMumbai: ITC shares crossed the ₹500 mark for the first time on Wednesday after the budget left tobacco taxation unchanged. Analysts recommend buying the stock on any dip for a short-term return of up to 15%. After the budget, global brokerage Jefferies upgraded the stock from hold to buy and raised the target price to…
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