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Gateway Distriparks (GDL) continued to impress with an industry leading rail container volume growth (16% YoY growth for Q4FY22; 34% YoY growth for FY22).

"The market is likely to remain volatile this week as traders roll over their positions in the F&O segment from the April series to the May series. The next batch of Q4 results and management commentary, global stock market trends, and the movement of rupee and crude oil prices are likely to assess market sentiments in the near future," said Mitul Shah of Reliance Securities.

The spot prices of gold has dropped below Rs 52,000 per 10 grams for the first time in more than two weeks, whereas silver has remained below Rs 66,000 mark for more than a month now.

Buy Tata Motors, target price Rs 530: Emkay Global

Updated at : 2022-04-27 11:20:03

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Tata Motors Ltd. key Products/Revenue Segments include Motor Vehicles, Spare Parts & Others, Miscellaneous Goods, Other Operating Revenue and Sale of services for the year ending 31-Mar-2021.

For the period under review, the company’s sales rose 10.65 per cent to Rs 1,709.17 crore as against Rs 1,544.64 crore during the previous quarter ended March 2021, reports said.

“The valuations are extremely attractive with the discounts that have been offered to retail investors and policyholders. This seems like a very good investment and all the critics who are saying that the government has to be in such a rush to launch, I would say that the real value for the government will reside in the 96.5% which it will retain and which will give it tremendous returns over the next few years.”

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Promoters held 26.45 per cent stake in the company as of 31-Mar-2022, while FII and DII ownership stood at 53.88 per cent and 5.3 per cent, respectively.

On Tuesday, the stock hit a low of Rs 2,250 on BSE, down 10 per cent. With this, the scrip has fallen 24 per cent from November 2021 high of Rs 2,975.55.

Shares of ICICI Lombard fall as Nifty drops

Updated at : 2022-04-27 11:20:03

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On the technical charts, the 200-day moving average of the stock stood at Rs 1434.51.

Buy NTPC, target price Rs 190: ICICI Direct

Updated at : 2022-04-27 11:20:03

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NTPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 153789.12 Crore) operating in Power sector.

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