Page 24 - Markets

Dhara Rail IPO sees strong demand on day 1; fully booked, GMP at 12%

The unlisted shares of Dhara Rail Projects were trading at ₹141, commanding a premium of ₹15 or 12 per cent compared to the upper end of the price band of ₹120 to ₹126

Aarti Industries stock set to rise? PL Capital upgrades to 'Accumulate'

PL Capital has maintained the target price at ₹403 for Aarti Industries, valuing the stock at 24 times September 2027 estimated earnings per share (EPS)

Emkay says 'Add' Dalmia Bharat on demand revival, capacity expansion plans

Emkay Global retains Add on Dalmia Bharat with a ₹2,450 target, citing capacity expansion, cost savings and improving cement demand outlook from 2026

RITES shares jump over 8% on $35.2-million South Africa locomotive order

RITES shares rose after it received a LoA from Ndalama Capital (Pty) Ltd., South Africa, for the supply and commissioning of diesel-electric locomotives

Why did Geojit downgrade Astra Microwave to 'Accumulate'? Check target

Analysts at Geojit valued the Astra Microwave stock at 35x FY28 estimated earnings per share (EPS), with a target price of ₹1,067

Shakti Pumps shares jump 7% on ₹327-crore order win; details here

Shakti Pumps said it has received a letter of award from the Maharashtra State Electricity Distribution Co. for the supply of 12,883 off-grid DC solar photovoltaic water pumping systems

Lenskart shares jump 5% on plans to form Thailand JV with Matt Optical

Lenskart Solutions shares rose on Tuesday after the company's subsidiary approved the acquisition of a 50 per cent stake in Marco Optical

Lloyds Enterprises falls over 4 per cent; co to restructure realty business

As far as recent development is concerned, the board of directors of Lloyds Enterprises approved the restructuring of its realty business

Motilal Oswal expects revival in luggage sector; retains Buy on VIP, Safari

Motilal Oswal expects improved margin stability across the sector, aided by moderation in discounting and a strategic shift towards profitability

Antony Waste soars 11%, Sanghvi Movers jumps 9% intraday; Key triggers here

Antony Waste Management shares rose as much as 11.2 per cent, while Sanghvi Movers and GPT Infraprojects soared 9.5 per cent and 7.6 per cent, respectively

Man Industries sees no impact of I-T searches; share price rises over 3%

The Income Tax Department concluded search operations on December 22. Man Industries share price rose as much as 3.62 per cent so far on Tuesday.

Cavendish merger lifts JK Tyre shares to 52-week high; Emkay retains 'Buy'

Emkay believes JK Tyre is entering a phase of accelerating revenue growth, supported by margin expansion, balance-sheet deleveraging, premiumisation, and a favourable commercial vehicle (CV) cycle

KSH International makes muted debut, lists at 4% discount; misses GMP

KSH International shares opened at ₹370 on the NSE, a discount of ₹14 or 3.7 per cent from the issue price of ₹384

Eraaya Lifespaces hits 5% upper circuit as Delhi HC removes fund-raise curb

On December 16, 2025, the Delhi High Court set aside that order and directed the Appellate Court to hear the case again and decide it quickly.

Kajaria Ceramics flags fraud at bathware arm; brokerages see limited impact

Kajaria Ceramics has terminated the concerned executive, filed a police complaint, initiated recovery efforts, and indicated it may commission a forensic review

Stocks to Watch today: HCLTech, Ambuja Cements, IRCTC, Paytm, Belrise Ind

Stocks to Watch today, Dec 23, 2025: In Tuesday's session, Lloyds Enterprises, Ambuja Cements, One 97 Communication, HCLTech shares will be in focus

Rico Auto, Kirloskar Oil, Stylam Ind: Top technical stock picks by analyst

Aakash Shah of Choice Equity Broking's top picks include Rico Auto, Kirloskar Oil, Stylam Industries; check target, stop-loss

ICICI Securities sees strong outlook for Aditya Infotech; retains 'Buy'

The brokerage believes Aditya Infotech will continue to gain market share, supported by rising brand equity, manufacturing expansion, and favourable regulatory norms

Why Varun Beverages' Twizza acquisition could be a game changer in Africa

Varun Beverages shares gain after acquiring South Africa's Twizza. Analysts see market share gains, and attractive valuation providing upside potential for VBL stock

BSE shares rise 3% after reports of new monthly index options launch

BSE is planning to launch more monthly index option products and is also working to revamp the BANKEX index, according to media reports