GAIL Shares: Shares of GAIL India surged 3 percent to Rs 214 in afternoon trade on June 11 after Morgan Stanley reiterated its ‘buy’ recommendation on the stock, spurred by the company’s plans to establish a 1,500 KTA ethane cracker project in Madhya Pradesh valued at Rs 60,000 crore. The international brokerage has set a…
Bharat Gears Q4 results: Bharat Gears unveiled its fourth-quarter results on May 29, 2024, disclosing a year-on-year decline in revenue by 4.86%. Alongside this downturn, the company reported a loss amounting to ₹1.75 crore. During the corresponding period in the previous fiscal year, Bharat Gears had recorded a profit of ₹0.83 crore, underscoring a notable…
Suzlon Energy shares: Nuvama Institutional Equities has recently started covering Suzlon Energy, expressing a favorable view towards the renewable energy company. They perceive Suzlon as the frontrunner in the wind energy sector, holding a dominant position. Aligning with other local brokerages, Nuvama foresees a potential 20% increase in Suzlon Energy’s stock value. With the energy…
