Benchmark indices BSE Sensex, NSE Nifty50 were trading marginally higher in afternoon trade on Monday. Bank Nifty was up 50-odd points. Adani Enterprises, Cipla, UPL, Tata Consumer Products, Divi's Lab were the top Nifty gainers, while NTPC, Coal India, Powergrid, JSW Steel, and TCS were the losers
Shares of ICICI Securities Ltd surged 15% today to hit a fresh 52-week high of Rs 647 on NSE after the domestic brokerage said its board would consider delisting its shares in a meeting on Thursday, June 29. In the last five trading sessions, ICICI Securities stock has zoomed 19.24%
Shares of Shree Cement fell around 10% on Monday to hit an intraday low of Rs 22,605.60 on NSE after a news report claimed that income tax (I-T) evasion amounting to Rs 23,000 crore was found in searches at multiple company locations. The I-T department was conducting a survey action at five locations of the company in Rajasthan last week
Shares of PB Fintech (Policybazaar) jumped more than 7% today to hit a fresh 52-week high of Rs 794.85 on NSE. Earlier this month, BoFA Securities downgraded PB Fintech to ‘underperform’ rating with a target price of Rs 600 apiece. BofA called PB Fintech a good company but added that the improved profitability metrics are more or less priced in
Shares of Mazagon Dock continued to rise today. The stock jumped around 7% to hit an intraday high of Rs 1,269 on NSE. The multibagger stock has zoomed around 62% in the last one month. So far this year, the stock has rallied around 50%
Shares of SJVN Limited jumped more than 5% today to hit a fresh 52-week high of RS 42.40 on NSE. Brokerage firm JM Financial has a 'buy' call on the stock with a fair value of Rs 50 per equity share as it values the company on a discounted cash flow basis and expects the company to post strong growth in profitability
Shares of SBI Cards & Payment Services fell over 3% to hit an intraday low of Rs 834.40 on NSE in early trade on Monday opening trade on Monday after the global brokerage Nomura downgraded the stock to ‘Reduce’ and cut the target price to Rs 700 per share from Rs 1,030 earlier
Shares of Natco Pharma Ltd rose more than 3% to hit an intraday high of Rs 702.95 on NSE today on the back of positive sentiment for the company. The company's robust product pipeline and strong positioning in catering to the growing demand for affordable healthcare are the factors behind the upbeat sentiment
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