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Citi has initiated coverage on Trent with a buy rating and a target price of Rs 9,250. The company is outperforming its peers, leading to upgrades from analysts as it adds new organic growth engines. Citi projects impressive revenue, EBITDA, and PAT CAGRs of 41%, 44%, and 56%, respectively, for FY24-27. Trent is effectively leveraging its supply chain and insights from its Westside and Zudio brands. Recognized as a standout performer, Trent has significant potential to scale up its pilot projects.

In the NSE list of stocks with a market cap of over Rs 10,000 crore, we have collated a list of five stocks that witnessed a 5-year swing high at the close on September 25.

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NOCIL Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 4703.58 Crore) operating in Chemicals sector.

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On September 25, the closing prices of four stocks from the Nifty500 pack rallied over 1.5% relative to the VWAP, and a shift above the VWAP suggests a potential bullish trend.

Sensex and Nifty opened at record highs for the sixth session, fueled by IT and auto stock gains and optimism over foreign inflows.

The Sahasra Electronic Solutions IPO features a mix of fresh equity issuance and an offer for sale (OFS), with 65.78 lakh shares being newly issued and 5 lakh shares offered for sale. This is a 100% book-building issue, and the price band has been set at Rs 269-283 per share. Investors can bid for 400 shares in a single lot.

Sensex has grown 850 times in 45 years, with an average CAGR of 16%. Now nearing the 1 lakh mark, it may achieve this milestone by FY25. Experts believe strong liquidity and FII flows could drive this growth, though risks from declining inflows exist.

Benchmark Sensex closed above 85,000 for the first time, while Nifty reached 26,000 at close on Wednesday. Stocks like ZEE Media rose 12%, Mazagon Dock gained 0.7%, and Hindalco declined by nearly 0.077%. Analysts recommend buying these stocks at current levels with specific stop losses and potential upsides over the next 10-12 months.

Five stocks, including Aditya Birla Fashion and Retail, Granules India, Hindustan Copper, Vodafone Idea, and Indian Energy Exchange, are under F&O trade ban on Thursday. The ban occurs when open interest crosses 95% of market-wide position limits. It is lifted only if open interest falls below 80%. Nifty and Sensex closed at fresh highs despite a weak start.

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