CG Power shares hit 52-week high; here’s the new target price

Shares of CG Industrial Power hit a fresh 52-week high in an otherwise weak market today. CG Power stock hit a yearly high of Rs 307.8, rising 4.45% against the…

L&T Tech shares tank 6% after inking pact with parent co to buy SWC business

Shares of L&T Technology Services (LTTS) fell more than six per cent in Friday’s trade after the company announced its decision to acquire the Smart World & Communication (SWC) business…

Rekha Jhunjhunwala raises stake in NCC; ICICI Direct sets target at Rs 110

Rekha Jhunjhunwala, wife of late investor Rakesh Jhunjhunwala has raised stake in construction firm Nagarjuna Construction Company (NCC) during the October to December 2022 quarter. According to the shareholding pattern…

Archean Chemical shares at Rs 760? ICICI Securities sees 33% upside on this newly-listed stock

ICICI Securities has initiated coverage on recent debutant Archean Chemical Industries with a ‘Buy’ rating and a target of Rs 760. The target price suggested a 33 per cent potential…

National Standard shares extend gains, jump 20% to hit upper circuit today

Shares of National Standard (India) jumped 20% per cent to hit their upper price band of Rs 5,710.60 in Friday’s trade over its previous close of Rs 4,758.85. At today’s…

BCL Industries board okays Rs 201 crore fund raising; stock up 35% in a week

BCL Industries’ share scripted a quick recovery from the early cuts. The stock rose in the early trade on Friday after the company announced to raise funds via convertible warrants. …

Cyient shares at Rs 1,100? Motilal Oswal sees 20% upside potential for IT stock

Shares of Cyient climbed 4 per cent in Friday’s trade after the company reported a strong set of quarterly results. Cyient on Thursday reported a 23.6 per cent year-on-year (YoY)…

Here’s why Anand Rathi sees 26% upside in Jhunjhunwala-backed Star Health stock 

Shares of Star Health and Allied Insurance Company are down over 34 per cent from its 52-week high of Rs 865.30, hit on January 18, 2022. However, the Jhunjhunwala-backed stock…

Goldiam International shares zoom 25% in three sessions; here’s why

Shares of Goldiam International zoomed 25% in three sessions after ace investor Ashish Kacholia bought stake in the company in the December quarter. The stock of the integrated manufacturer and…

‘Selling toys without BIS mark’: Centre comes up strongly on e-comm platforms; issues notices to Amazon, Flipkart, Snapdeal

E-commerce marketplace Flipkart on Thursday said that it is committed to democratising e-commerce for all in India and enabling lakhs of small businesses connect with customers through technology. The response…