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With strong potential for revenue growth and scope for further improvement in profitability, we recommend a subscribed rating for a target price of Rs 201 for long-term gains, said Ventura Securities in its IPO note.

As per Trendlyne data, the highest target for the stock goes up to Rs 225, while the average estimate of Rs 208 shows an upside of the potential of around 26 per cent from the current prices. Out of the two analysts covering the stock, both have a strong buy rating on the stock.

Pointing out that the market share of Zee has fallen in the last two years, he said a lot of consumers have now shifted from TV to OTT. “On OTT, there is so much competition from Amazon Prime, Netflix, etc. So you cannot just see the TV market share to start with. The overall impact will be very limited, a lot of time will be given for divestment,” the expert said.

Mahanagar Gas Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 8134.84 Crore) operating in Gas & Petroleum sector.

"A global recession need not necessarily impact the local growth. In fact some amount of cautiousness globally bodes well for a country like India, which is a commodity consumer. So, as long as crude and metal prices remain in check, it is good for India ."

This is a huge industry, worth Rs 9.5 lakh crore, and you have various segments which are expected to sort of keep delivering double-digit kind of growth, Pandey told ET Now.While the business prospects are strong, some stocks such as Blue Dart Express are trading at high valuations, Pandey said, highlighting it as a reason for not tweaking the price target.

Prashant Jain, Joint Managing Director and CEO of JSW Energy, said “We are excited to actively participate in the strong prospects of Hydro PSPs in sustainably solving the problem of intermittency of renewable power. In continuation to our target to achieve 10GW of Hydro PSP capacity, we are pleased to have signed a second MoU with the Government of Maharashtra.”

“This is in stark contrast to the position that India faced in 2013 where a far more modest monetary tightening by the Federal Reserve, relative to what we are currently witnessing, sent the rupee tumbling from Rs 54/$ to Rs 62/$ in the space of six months. Such a currency meltdown is highly unlikely now largely because of India’s improved energy efficiency,” said the Rs 13,000 crore fund manager of Marcellus PMS.

Promoters held 14.72 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 23.76 per cent and 28.0 per cent, respectively.

On the technical charts, the 200-day moving average of the stock stood at Rs 391.35.