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Volumes jump at Sobha Ltd counter

Sobha Ltd saw volume of 16.54 lakh shares by 14:19 IST on NSE, a 19.18 fold spurt over two-week average daily volume of 86236 shares Ingersoll-Rand (India) Ltd, Supreme Petrochem Ltd, Ratnamani Metals & Tubes Ltd, Central Depository Services (India) Ltd are among the other stocks to see a surge in volumes on NSE today, 06 April 2021. Sobha Ltd saw volume of 16.54 lakh shares by 14:19 IST on NSE, a 19.18 fold spurt over two-week average daily volume of 86236 shares. The stock increased 12.89% to Rs.486.90. Volumes stood at 81380 shares in the last session. Ingersoll-Rand (India) Ltd witnessed volume of 2.28 lakh shares by 14:19 IST on NSE, a 16.8 times surge over two-week average daily volume of 13559 shares. The stock increased 3.48% to Rs.718.00. Volumes stood at 13299 shares in the last session.

NSE signs pact to set up international bullion exchange at GIFT City

Pick of the week(Feb 28)

Pick of the week(Feb 28) ​ By IANS | Published on ​ Sun, Feb 28 2021 14:36 IST | ​ 0 Views Recommendation by Centrum Broking Bajaj Auto-Buy Recommendation by Centrum Broking This strong growth calls for a premium valuation, which is also a norm during upcycles. Hence, we value the core business at 19.5x FY23 EPS and, after adding cash and investment in KTM, we arrive at a target price of Rs4,807. With this, we assume coverage with a BUY rating. A slower economic recovery and any extenuating circumstances around the pandemic are the key risks to our assumptions. Ambuja Cement-Buy We arrive at a fair value of Rs311/sh (revised from Rs261). At our TP the stock trades at a replacement cost of Rs11.5bn CY22e capacities (SA). Maintain BUY.

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