Global brokerage Citi maintained its ‘buy’ recommendation on Vodafone Idea stock after the Chief Justice of India consented to hear its appeal over AGR (Adjusted Gross Revenue) dues. Citi has set a target price of ₹23, suggesting a strong upside of almost 38%. “The management is hopeful about a positive resolution in the AGR case…
CDSL stock: After Central Depository Services Limited (CDSL) announced via an exchange filing that it is considering issuing bonus shares, the company’s shares shot up 13% in intraday trading today to reach a new record high of ₹2,260 per share. On Tuesday, July 02, 2024, the Board of Directors is expected to meet to discuss…
UltraTech: On Thursday, UltraTech Cement announced it will acquire a 23% stake in Chennai-based India Cements (ICL). The Aditya Birla Group-owned company plans to purchase 70.6 million shares of India Cements at a price of up to Rs 267 per share, totaling Rs 1,885 crore. The board of directors approved a financial investment to purchase…
India Cements stocks: Shares of India Cements Ltd saw a significant increase in Wednesday’s trading session, surging 17.53 percent to reach a day high of Rs 269.50. At this level, the stock was just 2.71 percent below its 52-week high of Rs 277, which was achieved earlier this year on January 4. The scrip of…
Amara Raja stocks: Amara Raja Energy and Mobility’s stock surged by 20% to reach Rs 1,656, marking an all-time high on June 25. This increase followed the battery manufacturer’s announcement of a technical licensing agreement with Gotion High-Tech, based in China. Under this agreement, Gotion High-Tech’s subsidiary, GIB EnergyX, will license its LFP technology for…
Netweb Tech stock: Shares of Netweb Technologies India Ltd surged about 6 percent during Wednesday’s trading session, hitting a new 52-week high. This increase followed the company’s announcement, made via an exchange filing on Tuesday, of its plans to launch a Make-in-India range of servers for data centers and AI systems. Netweb Technologies has launched…
JSW Steel stocks: Shares of metal giant JSW Steel reached a record high today, despite significant volatility in the broader market. The stock rose by 1.31%, hitting an all-time high of Rs 937.20, up from the previous close of Rs 925 in early trading. A total of 0.35 lakh shares were traded, resulting in a…
Paras Defence and Space Technologies Ltd witnessed a remarkable surge of 20 percent, reaching a new 52-week high of Rs 1,157.25 during Friday’s trading session. With this surge, the stock, considered a multi-bagger, has recorded a remarkable gain of 109.19 % over the last year. Today, a significant number of defense-related stocks experienced a notable…
Adani Ports stock: On June 14, Adani Ports and Special Economic Zone (APSEZ) saw a rise in its share price following an upward revision in its target price by Kotak Institutional Equities, from Rs 1,550 to Rs 1,650 per share. This upgrade reflects the company’s consistent outperformance in FYTD24. Despite a sluggish start in the…
Ambuja Cements share price: a company under the Adani Group, stated that it has acquired Penna Cement Industries Ltd. for an enterprise value of ₹10,422 cr. The share price of Ambuja Cements increased by almost 3% in early trade today, June 14, to reach a 52-week high. This comes after Penna Cement Industries Ltd. (PCIL)…
