Persistent Systems has been one of the most resilient names as the IT index has been going through turmoil for almost 18 months. The stock has staged a breakout from ‘Cup and Handle’ pattern and is expected to head towards Rs 5,600-5,700
Prabhudas Lilladher recommended accumulate rating on Emami with a target price of Rs 517 in its research report dated May 25, 2023.
KR Choksey is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 194 in its research report dated May 25, 2023.
Sharekhan is bullish on Gabriel India has recommended buy rating on the stock with a target price of Rs 217 in its research report dated May 24, 2023.
Sharekhan is bullish on Sudarshan Chemical Industries has recommended buy rating on the stock with a target price of Rs 530 in its research report dated May 24, 2023.
Sharekhan is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 125 in its research report dated May 24, 2023.
Sharekhan is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 181 in its research report dated May 24, 2023.
Sharekhan is bullish on Bharat Electronics has recommended buy rating on the stock with a target price of Rs 130 in its research report dated May 24, 2023.
The BSE Sensex climbed 772.01 points or 1.25 percent to end at 62,501.69, and the Nifty50 added 295.9 points or 1.62 percent to close at 18,499.30. The Sensex and the Nifty added 1 percent and 0.77 percent so far this month
The company reported a loss of Rs 8.95 crore from Rs 219.60 crore in the same quarter a year ago, during its March quarter earnings.
The market gained a percent to close at a five-month high. About 1,878 shares advanced, 1,503 declined and 139 remained unchanged
Prabhudas Lilladher is bullish on Cummins India has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated May 25, 2023.
Info Edge said Naukri India attained the milestone of having 1,25,000 unique customer. The business realized an ARPU (average revenue per user) of 1,10,000 during the FY23.
Prabhudas Lilladher is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1925 in its research report dated May 25, 2023.
Prabhudas Lilladher is bullish on Indoco Remedies has recommended buy rating on the stock with a target price of Rs 400 in its research report dated May 24, 2023.
Prabhudas Lilladher is bullish on Bayer Cropscience has recommended buy rating on the stock with a target price of Rs 4720 in its research report dated May 24, 2023.
Prabhudas Lilladher is bullish on Bharat Electronics has recommended buy rating on the stock with a target price of Rs 125 in its research report dated May 24, 2023.
Prabhudas Lilladher is bullish on Fortis Healthcare has recommended buy rating on the stock with a target price of Rs 330 in its research report dated May 24, 2023.
Prabhudas Lilladher is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 215 in its research report dated May 25, 2023.
All sectoral indices ended in the green, with metal, FMCG, information technology, realty, pharma and PSU Bank rising a percent each
Equity benchmark indices extended their previous day's rally on Friday amid buying in index major Reliance Industries, fresh foreign fund inflows and a largely positive trend in global markets. From the Sensex pack, Reliance Industries, Tech Mahindra, Maruti, UltraTech Cement, Wipro, Bajaj Finserv, Hindustan Unilever, Infosys, Titan and State Bank of India were among the major gainers. Nandita Khemka & Yatin Mota discuss the newsmakers on their radar including TVS Motor, Page Industries only on closing bell.
Indian markets on Friday jumped nearly 1 percent ahead of key gross domestic product data due next week. Both benchmark Sensex and Nifty rose 624 points and 152 points respectively.
Auto major Mahindra & Mahindra has reported its results for the last quarter of FY23. Catch management share commentary on company's performance in Q4 and outlook for the next quarter and FY24 only on Moneycontrol.
HDFC Securities recommended reduce rating on Sudarshan Chemical with a target price of Rs 454 in its research report dated May 24, 2023.
HDFC Securities recommended reduce rating on Fsn E-commerce Ventures (Nykaa) with a target price of Rs 120 in its research report dated May 24, 2023.