In a recent report, brokerage firm CLSA highlighted that Maruti will maintain its top position in the CNG PV segment with a 72 percent share. The brokerage firm estimates the market share of CNG PVs to rise from 15 percent in FY2024 to 22 percent in FY2030.
ICICI Securities is bullish on Eureka Forbes recommended buy rating on the stock with a target price of Rs 650 in its research report dated March 20, 2024.
Growth is strong amid challenges, order inflows are robust, and margin is rising
Sharekhan recommended Hold rating on AU Small Finance Bank with a target price of Rs 700 in its research report dated March 19, 2024.
Sharekhan is bullish on Gabriel India has recommended buy rating on the stock with a target price of Rs 433 in its research report dated March 19, 2024.
Motilal Oswal recommended Neutral rating on Oberoi Realty with a target price of Rs 1390 in its research report dated March 19, 2024.
ICICI Direct, Pound also traded lower amid strong dollar. The pair is expected to find support near 1.266 and move towards 1.2740 on expectation of no change in the monetary policy from the BOE.
Jefferies expects a robust performance from Syrma and Kaynes, projecting an EPS CAGR between 55 and 60 percent, accompanied by an expansion in Return on Capital Employed
KR Choksey is bullish on Sun Pharmaceuticals has recommended buy rating on the stock with a target price of Rs 1827 in its research report dated March 19, 2024.
It is also expected that Eichers' average selling price will outpace the industry when considering the launch of its new 450cc platform and multiple 650cc launches.
Global cues were positive as Wall Street's three major indices ended in the green with S&P 500 closing at a fresh record high. Asia markets were also trading higher.
The share touched a 52-week high of Rs 1,177 on January 30, 2024 and a 52-week low of Rs 466 on March 21, 2023.
In November last year, UltraTech Cement disclosed its plans to acquire the cement business of the BK Birla Group's flagship company, Kesoram Industries, through an all-share deal.
According to Geojit, The area under summer crops in Maharashtra rose 10% on year to 278,687 ha as of Monday, according to data published by the state agriculture department.
Recent correction offers a good buying opportunity as capex on railways and highways continues to boost order book
Weakness was seen in IT, pharma, media and FMCG stocks on March 19. Financial services and banks showed relative strength by falling the least among the sectoral indices. All sectoral indices ended in red
Shakti Pumps stock has delivered multibagger returns of over 230 percent in the last one year, compared to Nifty's returns of 28 percent during this period.
Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 62 points or 0.28 percent.
Piramal Pharma has negated lower highs formation seen in previous 11 consecutive sessions and saw gap up opening on Tuesday. The stock formed bullish candlestick pattern with long upper shadow on the daily charts.
Sensex Today | Stock Market LIVE Updates: Except metals, al other sectoral indices are trading in the green. BSE Midcap and Smallcap indices are trading flat.
Long-term support in Nifty is expected at 21,500 followed by 21,300, with resistance at 22,200.
Stocks to watch: Check out the companies making headlines before the opening bell today, on March 20, 2024.
Kohinoor Foods and Godfrey Phillips closed higher.
US markets fell marginally on March 19 as tech giant Nvidia fell 2% and the Federal Reserve kicked off it’s meeting. The European and Asian markets saw a mixed session while crude continued to rise
Kamal Chhirang bought 30.45 lakh shares in Rama Steel Tubes at Rs 15.3 per share. The stock closed 19.69 percent higher at Rs 15.26 on BSE