Page 17 - The Smart Investor News

Balkrishna Industries gets new 'Buy' from JM Fin; sees 15% stock upside

JM Financial initiated coverage with a 'buy' rating on Balkrishna Industries and a target price of ₹2,540, an upside potential of about 15.5 per cent from Thursday's close

Sansera Engineering offers 17% upside potential, says Antique; holds 'Buy'

While acknowledging near-term geopolitical uncertainties, Antique believes these are largely transient in nature

Bajaj Finance falls 5%, m-cap sinks ₹1trn since West Asia war; time to buy?

Bajaj Finance share price: The recent fall in Bajaj Finance has significantly eroded the NBFC's market valuation. As per data, the NBFC's m-cap has dropped by ₹1 trn since the start of West Asia war

ACME Solar Holdings, NTPC Green Energy jump up to 9% in weak market

At 12:22 PM, ACME Solar shares were trading 4.67 per cent higher at ₹260.1 per share, and NTPC Green Energy's share price was up 2.27 per cent at ₹100.09 per share

Mid, smallcap indices bleed; HPCL, Voltas, Swiggy, Dixon fall up to 5%

On the Nifty Midcap 100, Hindustan Petroleum stock was the top loser, down 4.35 per cent at ₹334.35 per cent

Adani Total Gas shares rebound 12% after 4-day rout; outperforms market

Other gas stocks traded mixed on Thursday. Indraprastha Gas Ltd. slipped nearly 1 per cent, while Mahanagar Gas Ltd. rose 1.5 per cent.

RIL, ONGC, Oil India shares rise up to 3% after crude spikes to $112/bbl

Oil prices rose after Iran attacked several energy facilities across West Asia following a strike on ​its South Pars gas field, a major escalation in Tehran's war with the US and Israel

Gujarat Alkalies shares defy weak market to rally 13%; here's why

Gujarat Alkalies share price today: Toady's rally marked the second consecutive session of gains for Gujarat Alkalies, with the stock rising more than 15 per cent in the period

Gold, silver ETFs fall up to 6% on Fed meet outcome, West Asia tensions

On Thursday, Brent crude futures climbed $3.69, or 3.44 per cent, to $111.07 per barrel. The US West Texas Intermediate crude rose $2.29, or 2.38 per cent, to $98.61 per barrel

GR Infra shares gain 5% on ₹2,440 crore project win; outperforms market

The project involves the construction of a four-lane greenfield section of National Highway-33 from Mokama to Munger in Bihar under the Hybrid Annuity Mode

BPCL, HPCL, IOC: OMC shares tank up to 6% after crude oil rises over 3%

Oil prices rose after Iran attacked several energy facilities across West Asia following a strike on ​its South Pars gas field, a major escalation in Tehran's war with the US and Israel

Geojit upgrades V-Guard to 'Buy' with 18% upside on strong seasonal demand

Stock to buy: Geojit said that V-Guard is expected to benefit from a seasonal uptick in demand

Resolution plan: Why Jaiprakash Power is soaring while JAL shares slip?

The NCLT, Allahabad Bench, orally approved the resolution plan submitted by Adani Enterprises for JAL under the Insolvency and Bankruptcy Code, according to exchange filings

PVR Inox gains ahead of 'Dhurandhar: The Revenge' release; analysts upbeat

'Dhurandhar: The Revenge' is expected to surpass the box office performance of its predecessor, according to PL Capital, as the film gears up for release on Thursday

Urban Company jumps 16% after SBI MF buys additional stake via bulk deal

At 10:14 AM, Urban Company's share price was trading 12.56 per cent higher at ₹123.65. In comparison, Sensex was up 0.31 per cent at 76,305.17

Power Finance Corporation stock soars 4%; Motilal Oswal sees more upside

Analysts at MOFSL believe the merger of PFC and REC should deliver meaningful operating synergies through the rationalization of overlapping functions and stronger bargaining power with lenders.

M&M share price up 8% in 3 days; analysts upbeat on growth, see 49% upside

M&M share price rose for a third straight session on Wednesday. Analysts at Nomura and SBI Securities are bullish on the stock citing strong SUV demand, EV growth, and attractive valuations

Ashish Kacholia's stock portfolio outperforms market thus far in March

Ace investor Ashish Kacholia's net worth dipped by 5% as against an over 6% fall on the Sensex so far in March amid the US-Iran war; Shaily Engineering was the top performer in this portfolio.

ASK Automotive: HDFC Sec initiates coverage with 'Add'; sees 19% upside

HDFC Securities has initiated coverage on ASK Automotive with 'Add' rating, saying long-term potential will beat near-term volatility. The brokerage said that it sees an upside of 19 per cent

Ather Energy rallies 6%, nears record high; what's driving EV-2W stock?

Analysts believe Ather has strong credentials to get included under the PLI scheme as it is the leading EV-2W startup in India with a strong focus on engineering and R&D.