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Buy Skipper, target price Rs 600: Axis Securities

Updated at : 2024-09-23 12:30:02

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Axis Securities recommends buying Skipper shares with a target price of Rs 600 as its current market price is Rs 470.7. The company reported consolidated total income of Rs 1095.10 Crore and net profit after tax of Rs 31.59 Crore for the quarter ending June 2024.

While the growth rate may be good, the advantage that Bajaj Housing has today is that after the merger of HDFC with HDFC Bank, we do not have any large housing dedicated company, says Amnish Aggarwal. However, we believe that the stock will have a long consolidation from the current level unless and until you see very astronomical numbers coming from Bajaj Housing Finance.

And gold and Bitcoin, I guess, are going up because the dollar is going down. So, they all can be explained in a way. But I know what you are saying, it does seem a bit too good to be true.

SpiceJet Share Price: SpiceJet shares surged by up to 6% after completing a Rs 3,000 crore Qualified Institutional Placement, attracting global investors. The airline aims to have 100 aircraft by the end of 2026 and plans to return its grounded planes to service. Additional funding will help enhance operations and fleet expansion.

Adani Total Gas Share Price: The financing will accelerate ATGL’s City Gas Distribution (CGD) network infrastructure development program and the expansion is expected to cater to over 200 million people covering 14% of India’s population.

Here are 10 key things investors need to know about the public offer before subscribing to the issue.

Cummins India shares up 1.5% as Nifty gains

Updated at : 2024-09-23 11:30:02

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The stock quoted a 52-week high price of Rs 4169.5 and low of Rs 1590.3.

Amnish Aggarwal of Prabhudas Lilladher suggests that private banks will offer steady returns over the next 12 to 15 months. He further notes that banking, especially private sector banks, is trading at a discount compared to previous highs. Consumption trends are shifting towards discretionary spending, impacting urban and rural markets.

Reliance Power Share Price: CFM became the sole creditor of VIPL after it acquired loans from lenders at Rs 1,265 crore in an all-cash deal in September last year. The company had a principal debt of Rs 2,800 crore.

Buy NTPC, target price Rs 495: ICICI Securities

Updated at : 2024-09-23 11:30:02

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ICICI Securities has buy call on NTPC with a target price of Rs 495. The current market price of NTPC is Rs 429.85.

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