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Vedanta shares down 3.08% as Nifty falls

Updated at : 2022-12-23 13:30:04

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The stock quoted a 52-week high price of Rs 440.75 and low of Rs 206.1.

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With robust disbursement growth due to a pick up in heavy and medium CV, the company’s C/I ratio to normalize at 32-33%, comfortable capital position and robust asset quality, will allow SUF to continue its growth momentum going forward.

Shares of Indian Hotels fall as Nifty drops

Updated at : 2022-12-23 13:30:04

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On the technical charts, the 200-day moving average of the stock stood at Rs 271.94.

Buy Mastek, target price Rs 2280: AnandRathi

Updated at : 2022-12-23 13:30:04

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Mastek, incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 4896.18 Crore) operating in IT Software sector.

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The net proceeds from fresh issuance worth Rs 357 crore will be used towards financing the repayment/pre-payment of a loan facility, purchase of equipment and civil work, expansion in capacity of automotive oil, petroleum jelly, white oils by installing blending tanks, funding working capital requirements and general corporate purposes.

IRCTC shares fall 3.37% as Nifty drops

Updated at : 2022-12-23 13:30:04

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A total of 459,576 shares changed hands on the counter till time (IST).

Sell Vedanta, target price Rs 275: Yes Securities

Updated at : 2022-12-23 12:35:03

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Vedanta, incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 112278.00 Crore) operating in Diversified sector.

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Accelerated growth, steady margins and lower credit cost are expected to drive RoA further. Thus the stock, long due for re-rating, should see strong positive momentum.

The global cryptocurrency market cap was trading marginally higher, around $815 billion, rising less than a per cent in the last 24 hours. The total trading volume increased by 16% to $29.47 billion.

The Nifty Pharma index was trading 0.4 per cent up at 12943.95.

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