Page 2 - Uzzing Stocks News Today

CLSA raised Hindalcos target price to Rs 770 from Rs 635 a share while keeping Vedantas target price kept at Rs 430 a share.

Adani Ports and Special Economic Zone Ltd said in an analysts conference call that it expects port cargo to grow by 10-14 percent in FY2025, with revenue/EBITDA growth in line.

Tech Mahindra witnessed the highest number of brokerage analyst upgrades among Nifty 50 stocks in the past month, following the IT company’s strategic vision for a business turnaround over the next three years.

PFC was among the top gainers on the Nifty PSE index, gaining around seven percent. In the last one year, the stock has delivered multibagger returns of 237 percent, outperforming benchmark Nifty 50

A fall in Brent crude prices bodes well for oil marketing companies as it lowers their input costs, giving them more headroom to keep competitive prices, which eventually aids their margins.

The exit of Joint Managing Director KVS Manian dragged Kotak Bank’s stock by 3 percent. But Federal Bank, where he is tipped to join as per reports, gained 3 percent

CNBC-TV18 reported that SBFC Finances promoter group was looking to offload a 5.45 percent stake in the lender, planning to earn Rs 536.50 crore from the transaction.

Tata Chemicals has struggled with pricing pressure in the soda ash industry due to oversupply amid weakening demand in the US and Europe.

LIC, holding a 5.6 percent stake, comprising 75.77 lakh shares in the stock, suffered a loss of approximately Rs 266 crore, with its current value standing at Rs 2,166 crore

SEBI has asked BSE to pay the regulatory fee based on the notional value of its options contracts and not based on the value of the premium value.