Page 3 - The Smart Investor News
Sagility shares jump 8% in trade; Nomura initiates 'Buy', sees 40% upside
Nomura has initiated coverage on Sagility with a 'Buy' rating and target price of ₹55, implying 40 per cent upside from current levels
 "Sagility shares jump 8% in trade; Nomura initiates 'Buy', sees 40% upside")
Swiggy share price rises 4% on platform fee hike announcement
Today's buying was buoyed after Swiggy hiked the platform fee it charges users to ₹17.58 per order, inclusive of GST. Swiggy had previously hiked its platform fee in September 2025
 "Swiggy share price rises 4% on platform fee hike announcement")
Motilal Oswal initiates coverage on TBO Tek with 'Buy', sees 28% upside
MOSL said TBO Tek offers a structural play in the B2B global outbound travel market, enabling offline travel agents and enterprise buyers across geographies to access airlines, hotels, and ancillaries
 "Motilal Oswal initiates coverage on TBO Tek with 'Buy', sees 28% upside")
Gold, silver ETFs rise up to 6% on early signs of easing West Asia crisis
Gold April futures on the MCX traded higher by 3.78 per cent at ₹1,44,370 per 10 gm, while silver May futures gained 5.54 per cent to ₹2,36,338 per kg
 "Gold, silver ETFs rise up to 6% on early signs of easing West Asia crisis")
Bajaj Finserv gains 2%; Motilal Oswal initiates coverage, see 11% upside
Motilal Oswal believes Bajaj Finserv is entering a phase of broad-based growth as it strengthens its presence across lending, insurance, and emerging financial platforms
 "Bajaj Finserv gains 2%; Motilal Oswal initiates coverage, see 11% upside")
Medanta valuation attractive post correction; JM Financial pegs 42% upside
The stock is currently trading at 21x FY27E Ebitda, implying a 25 per cent discount to its historical average
 "Medanta valuation attractive post correction; JM Financial pegs 42% upside")
L&T soars 6%, records sharpest intra-day rally since October 2024
In the month of March, the stock price of L&T tanked 22 per cent from a level of ₹4,280 to ₹3,341.90 as of yesterday.
 "L&T soars 6%, records sharpest intra-day rally since October 2024")
HDFC AMC shares rally 4%; MOFSL says valuations reasonable, sees 20% upside
HDFC AMC share price target: Motilal Oswal Financial Services has maintained a 'Buy' rating on HDFC AMC shares. The brokerage sees an upside of 20 per cent in the stock
 "HDFC AMC shares rally 4%; MOFSL says valuations reasonable, sees 20% upside")
Mphasis, TCS, HCLTech, Wipro: Why did Nifty IT rise 3% in trade today?
Individually, Mphasis shares were up 3.15 per cent, followed by Infosys, Tech Mahindra, Persistent Systems, HCLTech, Oracle Financial Services Software, and LTIMindtree up over 2 per cent.
 "Mphasis, TCS, HCLTech, Wipro: Why did Nifty IT rise 3% in trade today?")
HDFC Bank shares rebound after 4-day fall, stock up 2%; time to buy?
HDFC Bank share price today: HDFC Bank shares crashed 12 per cent in the past four trading sessions following the sudden resignation of its part-time chairman Atanu Chakraborty
 "HDFC Bank shares rebound after 4-day fall, stock up 2%; time to buy?")
Coal India falls 3% as board approves SECL, Mahanadi Coalfields divestment
Coal India stock was trading at ₹441, down 3.1 per cent against the previous session's close of ₹455.25
 "Coal India falls 3% as board approves SECL, Mahanadi Coalfields divestment")
GMR Airports jumps 5% on easing West Asia tension hopes; buy, sell or hold?
GMR Airports share price today: GMR Airports, which operates key airports including Delhi and Hyderabad, has been under pressure as the West Asia tensions have impacted international traffic
 "GMR Airports jumps 5% on easing West Asia tension hopes; buy, sell or hold?")
Acutaas Chemicals zooms 50% in 2 months, hits new high; here's why
In the past one month, the stock price of pharmaceuticals company has gained 15 per cent, as compared to 11 per cent decline in the BSE Sensex.
 "Acutaas Chemicals zooms 50% in 2 months, hits new high; here's why")
Paint stocks: Asian Paints, Indigo Paints, Berger, Shalimar gain up to 5%
However, in the calendar year 2026 so far, paint stocks have underperformed the market, falling up to 38 per cent due to poor operational performance and rising crude oil prices.
 "Paint stocks: Asian Paints, Indigo Paints, Berger, Shalimar gain up to 5%")
Emkay Global initiates coverage on Kalpataru with 'Buy', sees 48% upside
Emkay Global has set a target price of ₹420, implying an upside of 48 per cent from March 23 closing price of ₹283 on the NSE
GSP Crop Science shares list at 4% premium; should you exit or hold?
GSP Crop Science shares kicked off their maiden trading session on the BSE at ₹332.30 per share, reflecting a premium of ₹12.30 or 3.84 per cent over its IPO issue price of ₹320 per share.
 "GSP Crop Science shares list at 4% premium; should you exit or hold?")
Motilal Oswal initiates coverage on Urban Company; sees 14% upside
The brokerage believes Urban company is well positioned to benefit from the gradual shift of India's fragmented home services market towards organised, tech-led platforms
 "Motilal Oswal initiates coverage on Urban Company; sees 14% upside")
Airline stocks: IndiGo, SpiceJet tumble up to 10% as ATF price hike looms
Airline stocks came under pressure as conflict in the oil-rich West Asia raised concerns over rising ATF prices
 "Airline stocks: IndiGo, SpiceJet tumble up to 10% as ATF price hike looms")
Petronet LNG drops 8%; Nomura flags cash flow risk from LNG disruption
In a month, Petronet LNG shares fell 15 per cent, compared to Sensex's fall of 10.5 per cent
 "Petronet LNG drops 8%; Nomura flags cash flow risk from LNG disruption")
Larsen & Toubro falls 22% since West Asia war; here's what analyst suggests
L&T stock was trading at ₹3,316.5, down 3.5 per cent against the previous session's close of ₹3,434.80