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Add Ceat, target price Rs 1480: ICICI Securities

Updated at : 2021-10-26 11:20:01

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Ceat Ltd. key Products/Revenue Segments include Automobile Tubes, Scrap, Other Operating Revenue, Royalty Income, Others for the year ending 31-Mar-2021.

The stock was trading at Rs 110-120 in the previous week but it has now shot up to Rs 210-220 after the announcement of the two new teams. The scrip was trading at Rs 90-100 a month ago in the informal market.

Biocon shares up 2.26% as Nifty gains

Updated at : 2021-10-26 11:20:01

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A total of 55,894 shares changed hands on the counter till 10:46AM (IST).

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Tata Elxsi Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 36827.80 Crore) operating in IT Software sector.

The Nifty Auto index was trading 0.89 per cent up at 11328.3.

“If you have a carefully chosen diversified portfolio, which means at least 25 stocks and keep it diversified not just in terms of number of stocks but in terms of sectors and carefully chosen through some method, then you can live with it.”

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“It’s a herd mentality kind of a thing. People are rushing to sell some of the higher relative valuations stocks. When somebody is selling, the others are following suit. But otherwise, the underlying revenue growth and earnings growth is intact.”

Buy Subros, target price Rs 410: HDFC Securities

Updated at : 2021-10-26 10:20:01

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Subros Ltd. key Products/Revenue Segments include Air Conditioning Equipment And Accessories, Sale of services and Scrap for the year ending 31-Mar-2021.

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Saurabh Mukherjea said buying a stock at any price does not mean buying at any value.

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They are also seeking the government to urgently set up an independent commission which can deliberate on possible legislation around the structure of social media and its regulation.

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