Page 23 - Markets

City Union Bank zooms 101% from April low; hits new high; upside left?

In the past three months, City Union Bank shares have rallied 40 per cent, as compared to a 4.7-per cent rise in the BSE Sensex

Castrol India rallies 9% as BP plans to sell 65% stake to Stonepeak

Castrol India shares rose after global oil giant BP reached an agreement to offload a 65 per cent stake in Castrol at an enterprise value of $10 billion

Investors flock to Shyam Dhani IPO as subscription hits 556x; GMP near 90%

Shyam Dhani IPO received bids for 2.19 billion shares against 3.93 million shares on offer, translating into an overall subscription of 556 times

GK Energy shares jump 5% on receiving LoE amendment for solar pumps

GK Energy rose after it secured an amendment to its Letter of Empanelment from Maharashtra State Electricity Distribution Co for the supply of off-grid DC solar photovoltaic water pumping systems

Antique reaffirms 'Buy' on Jindal Steel; expects expansions to fuel profit

The brokerage believes that cost efficiencies from increased captive coal, a slurry pipeline, and higher captive power generation will support margins

Sundaram Finance vs Poonawalla Fincorp: Here's what market experts say

Sundaram Finance has a strong proven track-record, while Poonawalla Fincorp is shaping up in the right direction, believe analysts.

Gujarat Kidney IPO closes today; subscription up 4x, retail investors lead

Gujarat Kidney IPO received bids for 49.16 million shares, compared to the 13.22 million shares available, resulting in an overall subscription rate of approximately 3.7 times

Ajanta Pharma hits over 5-month high after partnering with Biocon

Ajanta Pharma share price rose as it has entered into an in-licensing agreement with Biocon Limited for the right to market Semaglutide

Thirumalai Chemicals rises to 1-month high post preferential allotment

Thirumalai Chemicals share price advanced on Wednesday as the company raised ₹56.14 crore via allotment of preferential shares to the promoter group

TV Today Network rises 3% a day after promoter buys additional stake

According to the NSE bulk deal data, Living Media India bought 4,50,000 shares for ₹134.4 per share through bulk deal, while HDFC Mutual Fund sold 4,76,053 shares for ₹134.41 per share

Why did Systematix initiate coverage on JTEKT India? 33% upside seen

Systematix has set a target price of ₹192 for JTEKT India, valuing the stock at EV/Ebitda of 17.5 times on December 2027E, in line with its past five-year average multiple

Emkay raises Bank of Baroda target to ₹350 on strong FY26 growth outlook

Analysts at Emkay Global Financial Services have raised Bank of Baroda's share price target to ₹350 with a 'Buy' rating, citing 11-13% credit growth outlook, stable margins, and strong asset quality

Belrise Industries shares extend gain to rise 5% after defence agreement

Belrise Industries shares rose after it announced a strategic agreement with Israel-based Plasan Sasa to explore defence-related business opportunities

IT stocks fall as US judge upholds $100k H-1B fee; check details

A federal judge, on Tuesday, said the Trump administration can move ahead with a $100,000 fee on new H-1B visa applications

Hindusthan Urban climbs 12% as board to consider stock split on Dec 29

The buying on the counter came after the company informed that its board will consider stock split in a meeting on December 29, 2025

Websol Energy jumps 14% after winning ₹73-crore income-tax dispute

Websol Energy System received a major relief in a long-standing tax dispute for the assessment year 2017-18, with the Commissioner of Income Tax (Appeals), Kolkata, ruling in the company's favour

Anand Rathi starts coverage on Jubilant Ingrevia with 'Buy'; check target

Anand Rathi expects Jubilant's capex cycle to drive a sharp earnings upturn over FY26-28, with consolidated Ebitda seen growing at around a 22 per cent CAGR

Stocks to Watch today, Dec 24: Adani Ports, Biocon, Belrise Ind, Coal India

Stocks to watch today, Dec 24: In Wednesday's session, traders will monitor Belrise Industries, Adani Ports, Biocon, and Ajanta Pharms shares.

Ambuja, Orient, ACC shares soar on merger; analysts see synergies boost

Post-merger, analysts reckon Ambuja Cements will emerge as one of the largest cement companies in India by capacity

Coal India hits over 2-month high as arm's IPO likely in early 2026

Coal India share price rose after media reports said that Bharat Coking Coal Private Limited's initial public offer (IPO) could take place in the next two weeks