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UBS initiated coverage on Paytm with a target price of Rs 900. Continued monetisation and EBITDA break-even are likely to drive re-rating, said UBS.

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It is an uptrend signal if the RSI value has crossed above 50 from below.

The Relative Strength Index of the stock stood at 51.4 on Tuesday.

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Dalmia Bharat Ltd. key Products/Revenue Segments include Income From Management Services for the year ending 31-Mar-2023.

Vinay Jaising of JM Financial Services believes that valuations are close to peak for many stocks, including largecaps. He emphasizes the importance of bottom-up stock picking and focusing on mid and smallcaps with earnings visibility and growth drivers. Jaising also highlights the potential for outperformance in areas where the market is mispricing opportunities. He discusses the significance of domestic order book visibility and the potential for increased capex by the government and corporate India. Jaising expects that when interest rates are cut, loan book growth will improve and overall markets will become more robust as earnings visibility improves.

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PNB Housing Finance Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 20279.65 Crore) operating in NBFC sector.

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Devang Mehta discusses the bullish themes in the pharma space, particularly MNC pharma companies like Abbot India. These companies have a huge market share, impressive earnings, and margins, and work with a negative working capital cycle. Another area of interest is the CRAM space, where companies like Syngine operate and provide R&D services to Fortune 500 and pharma companies.

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