Shares of Tech Mahindra surged 4.2% to Rs 1,642.20 on the BSE after CLSA upgraded the stock to ‘outperform’ from ‘hold’ with a target price of Rs 1,749. The upgrade follows recent price correction and early signs of EBIT margin improvement, despite lackluster order bookings.
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HDFC AMC shares up 1.11% as Sensex rises (01-10-2024)
A total of 998 shares changed hands on the counter till 10:30AM (IST)
Stock market update: Power stocks up as market rises (01-10-2024)
The 30-share BSE Sensex was up 59.79 points at 84359.57
Hot Stock Pick! ICICI Securities sees up to 30% upside in Adani Energy Solutions (01-10-2024)
ICICI Securities initiates a ‘BUY’ rating on Adani Energy Solutions with a 30% upside target of Rs 1,318. AESL, the largest private transmission company, is expected to see strong growth in both regulated and unregulated businesses, particularly smart meters and new transmission bids.
Sensex rises! But these stocks are down 5% or more on BSE (01-10-2024)
In the Nifty pack, 24 stocks were trading in the green, while 26 stocks were trading in the red.
Buy Route Mobile, target price Rs 2,100: HDFC Securities (01-10-2024)
HDFC Securities has buy call on Route Mobile with a target price of Rs 2,100. The current market price of Route Mobile is Rs 1,571.
M&M shares rise 1.5% following 16% growth in September sales, 24% surge in SUV sales (01-10-2024)
Mahindra & Mahindra shares rose 1.5% after reporting a 16% increase in auto sales and a 24% growth in SUV sales for September 2024, with total sales reaching 87,839 vehicles.
Siemens shares gain 2.03% as Sensex rises (01-10-2024)
The stock quoted a 52-week high of Rs 7974.25 and a 52-week low of Rs 3248.0.
Share price of Info Edge jumps as Sensex gains 111.31 points (01-10-2024)
Promoters held 37.88 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 32.13 per cent and 10.98 per cent, respectively.
Buy Jindal Steel & Power, target price Rs 1,200: Motilal Oswal Financial Services (01-10-2024)
Motilal Oswal Financial Services has buy call on Jindal Steel & Power with a target price of Rs 1,200. The current market price of Jindal Steel & Power is Rs 1,027.