IFCI counter witnessed Rs 53 crore block deal in which 97.13 lakh shares of the company changed hands. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Source link
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Brokerage firm Morgan Stanley maintained an Equal Weight rating on Tata Steel and SAIL. Motilal Oswal has a buy rating on Max Healthcare and Cyient. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Steel: Equal Weight on Tata Steel & SAIL Morgan Stanley maintained … Read more
Equity indices soared more than 2% to settle at record high levels on Monday, marking the fifth straight day of gains. The 30-share Sensex jumped 1,384 points to close at a lifetime high of 68,865 and the broader Nifty also climbed 419 points to hit its all-time closing high of 20,686. Stocks that were in … Read more
Cyient Ltd, part of the IT-enabled services industry, has rallied about 10% in a week which helped the stock to break from a Triangle formation on the weekly charts. The breakout has opened room for the stock to head towards 1942 levels in the next 3-4 weeks, suggest experts. The stock rose from Rs 1668 … Read more
After ideaForge‘s near multibagger returns on Day 1, investors are expecting another strong listing from Cyient DLM, whose shares will debut on Monday. The grey market premium (GMP) of Cyient DLM is around Rs 150-155 in the unlisted market. If we consider the upper price band of Rs 265, the company’s shares are expected to … Read more
Recovering from a significant market downturn is a testament to a company’s resilience and ability to bounce back. The Nifty Smallcap100 stocks have witnessed impressive recoveries from their 52-week lows, showcasing their potential for growth and investor confidence. Among them, KEI Industries, Raymond, Cyient, Tanla Platforms, Jindal Stainless, RBL Bank, Kalyan Jewellers, and Suzlon Energy … Read more
Mumbai: Cyient DLM, an integrated electronic manufacturing services (EMS) and solutions company, has set the price band for its ₹592-crore initial public offering at ₹250-265 apiece. The issue will remain open from June 27 to June 30. Investors must place bids for at least 56 shares and in multiples of 56. The subsidiary of Cyient … Read more
Shares of foodtech firm Zomato would be in focus on Monday following narrowing of its loss in March quarter. Sumeet Bagadia, Executive Director, Choice Broking, says the stock has shown support around Rs 58-55 while resistance is around Rs 75-80. “Short-term prospects in this stock might be appealing to risk-taking investors,” Bagadia says. Edited excerpts:Nifty … Read more
Brokerage firm Credit Suisse maintained an outperform rating on InterGlobe Aviation. JPMorgan maintained a neutral stance on Ambuja Cements and ACC. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Credit Suisse on Indigo: Outperform | Target Rs 2450Credit Suisse maintained an outperform rating on InterGlobe Aviation with … Read more