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As per Trendlyne data, the highest target price for the stock goes up to Rs 80, while the average target price estimate is Rs 61, which shows a downside of 21% from the current market prices. The consensus recommendation from 2 analysts for Rail Vikas Nigam is a strong buy.

The stock after the decent correction witnessed has bottomed out near the previous low of 1630 zone to form a double bottom formation pattern on the daily chart and with a small pullback witnessed has shown signs of improving the bias to anticipate for further rise with a trend reversal.

The total volume in DeFi is currently $3.89 billion, 6.87% of the total crypto market 24-hour volume. The volume of all stablecoins is now $51.71 billion, which is 91.28% of the total crypto market 24-hour volume.

A total of 6,272 shares changed hands on the counter till 01:32PM (IST)

The Relative Strength Index of the stock stood at 23.05 on Friday.

Maruti Suzuki India, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 253445.17 Crore) operating in Auto sector.

Margin levers include large scope for utilisation increase, following strong fresher hiring.

In view of strong deal wins, strong revenue guidance and a healthy margin outlook, it has maintained a buy rating on the sock with a revised target price of Rs 1,210, valuing the stock at an unrevised P/E multiple of 17x FY25E earnings.

A total of 35,467 shares changed hands on the counter till 12:04PM (IST)

“The visibility of the next five to seven years in some of the contracts gives me a lot of confidence about Infosys maintaining a 15% plus kind of steady rate of growth, continuing for the next five years or so in a very sustainable manner. Any correction in the price or softening of the stock price is a good opportunity to buy into Infosys and TCS.”