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Brokerage house Equirus Securities sees a massive further upside in the stock. The stock has initiated coverage with a 'long' rating on the stock with a target price of ₹1,000, implying a 62 percent upside potential in the stock.
Over the past year, the stocks of public sector undertakings (PSUs) have experienced a significant uptrend.
Prakash Pipes shares climbed 4.5 per cent in Thursday's trade to hit a fresh high of Rs 310.65 on BSE. With this, the stock has climbed 132 per cent from its January low of Rs 134. This did not deter Khanna buy more quantities.
Jindal Stainless is among the top stainless steel players in India and among the top five stainless steel makers globally (excluding China). Over last five year, the shares have delivered a massive return of 1103%
Mazagon Dock Shipbuilders share price: The multibagger stock has surged around 217 per cent in last six months and 177 per cent on a year-to-date (YTD) basis. On a broader duration, it has zoomed nearly 250 per cent in a year and 1,200 per cent in the past five years.