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These 3 stocks closed above VWAP on February 13

Updated at : 2025-02-14 10:20:01

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A shift above the VWAP suggests a potential bullish trend, according to stockedge.com s technical scan data.

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Senco Gold reported a significant 69.3% drop in profit after tax for Q3FY25, despite a 27.3% increase in revenue from operations. The company attributed the decline in EBITDA and PAT margins to the impact of custom duties, but remains optimistic about achieving a 7%-8% EBITDA margin moving forward.

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ICICI Securities recommends buying Axis Bank with a target price of Rs 1,200. The current market price is Rs 1,013.8. Axis Bank s net profit in the latest quarter is Rs 6742.29 crore. Financials and growth profile are discussed. Key risks include rise in slippages and slower deposit growth. Promoters hold 8.23 percent stake.

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Buy Keystone Realtors Ltd. at a price target of Rs 855.0 .

Buy NCC, target price Rs 335: HDFC Securities

Updated at : 2025-02-14 09:20:02

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HDFC Securities has issued a buy call on NCC with a target price of Rs 335, opposed to its current market price of Rs 196.25. Despite the company s in-line performance in Q3FY25, NCC has downgraded its FY25 revenue growth guidance to 5% from 15% due to slower L1 awards and an election-induced slow market.

Sandip Sabharwal highlights the potential of largecap banking stocks and quality NBFCs such as Kotak, ICICI, and M&M Finance, which show promising growth. He cautions against solar power-related companies due to overcapacity issues and advises caution in the sector. Reliance is noted as a value zone stock, presenting investment opportunities.

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United Breweries reported a significant 54.9% YoY decline in Q3 net profit to Rs 38.3 crore, impacted by an exceptional loss. Despite a 9.6% revenue growth to Rs 1,998.4 crore driven by higher sales volumes, EBITDA fell 3.1%, with operating margins shrinking to 7.1%. The new Amstel Grande beer aimed to boost sales.

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Mayuresh Joshi from Marketsmith India sees opportunities for Indian companies in steel, cement, core engineering, and textiles due to geopolitical changes. A shift in global trade dynamics could benefit Indian businesses. Agrochemicals and hospitals also look promising. Companies like Coromandel International, Krishna Institute Of Medical Sciences, and Max Healthcare may continue performing well.

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