SAFARI INDUSTRIES STOCK TARGET

Buy JK Tyre & Industries, target price Rs 485: Axis Securities

JK Tyre & Industries Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps, Other Services and Other Operating Revenue for the year ending 31-Mar-2023.

Hot Stocks: 3 stocks that may give returns between 15-31%

A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 15% and 31% as per analysts’ price targets.

Buy Reliance Industries, target price Rs 3275: Motilal Oswal

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 2088799.34 Crore) operating in Diversified sector.

Buy Hindalco Industries, target price Rs 779: Prabhudas Lilladher

Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 151619.70 Crore) operating in Metals - Non Ferrous sector.

Promoters Ambuja Cements, Ravi Sanghi to sell 3.52% stake in Sanghi Industries

The promoters proposed to sell 90,92,000 shares of the total issued and paid-up equity share capital. On June 26 (T day), Wednesday, the issue will open only for non-retail investors while for retail investors and those non-retail investors who choose to carry forward their unallotted bids from T day, on June 27, Thursday (T+1 day). Ambuja Cements held 60.44% stake in Sanghi Industries as on March 31, 2024.

Technical Breakout Stocks: How to trade Amara Raja Batteries, Raymond and Exide Industries on Wednesday

The Indian market hit a fresh record high on Tuesday, tracking positive global and domestic cues. The S&P BSE Sensex rose over 700 points to close above the 78,000 mark for the first time while Nifty50 rallied nearly 200 points to end above 23,700.

Buy Hindalco Industries, target price Rs 791: Geojit

Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 153990.51 Crore) operating in Metals - Non Ferrous sector.

Holding company stocks rally up to 20%. Here’s why

​Shares of holding companies like Bombay Burmah, Tata Investments, JSW Holdings and TVS Holdings rallied up to 20% on BSE on Monday as the Securities and Exchange Board of India (Sebi) introduced special call auctions with no price bands for price discovery of investment holding companies.

Stocks to buy: Bet on stocks that regularly beat analyst estimates; 5 stocks with double-digit upside

Stocks to buy: Out of 304 companies, where estimates are compiled by a minimum of three analysts through Reuters-Refinitiv, 50 stocks have consistently surpassed analysts’ net profit estimates in all four quarters of 2023-24. This group of 50 stocks has delivered an average return of 72.4% over the past year, compared to the BSE 500 index’s 38% return over the same period. This data is based on closing values as of 18 June. The article explores the five companies that have been covered by a significant number of analysts and currently offer double-digit share price potential.

NSE launches Nifty India Tourism Index. Check top stock constituents

NSE’s index services subsidiary, NSE Indices has launched a new thematic index called Nifty India Tourism which will track the performance of stocks in Nifty 500 index representing the travel and tourism theme.

Nifty target price increased to 25,638; HDFC Bank among 19 conviction picks: InCred Equities

As the VIX returns to a near-13 level, a domestic brokerage firm reaffirms its optimistic outlook for the Indian market. The firm highlights robust macroeconomic factors and projects 12% EPS growth for FY25-26, favoring investments in the utility, consumer, and capital goods sectors.

Technical Breakout Stocks: Garden Reach Shipbuilders could give upto 10% upside; book profits in Mazagon Dock

The Indian market hit a fresh record high on Tuesday, tracking positive domestic cues. The S&P BSE Sensex rose over 300 points to hit a fresh record high of 77,366 while the Nifty50 rose 92 points and hit a record high of 23,579.

Handy in all times, moat of strong brand: 5 stocks, which are leader in their sectors that can offer up to 31% returns

If one looks at the history of the markets, there are companies which always trade a premium. Long time and still a number of such companies used to be MNC companies which used to get premium. But over the last 15 years, some of the Indian companies have been getting a premium on the street. The premium because they are the leader in their category in terms of market share and they have strong brands. It has been seen that when markets are high and these sets of companies where valuations are not cheap, even then analysts have not initiated a sell call, rather they have moved to hold. A strong brand helps a company's weather all storms of an economic slowdown or inflationary pressure and over a period of time it has been witnessed that companies with strong brands are able to pass on increased costs and maintain their margins to a large extent. Also they are to diversify into other products on the back of one strong brand.

Ambuja Cements to acquire 100% stake in Penna Cement for Rs 10,422 crore

The acquisition will be fully funded through internal accruals, the filing said. The move is expected to boost Ambuja Cements' growth, said Ajay Kapur, CEO & Whole Time Director. The consolidated turnover of PCIL for the last three years i.e. FY2023-24, FY2022-23 and FY2021-22 is Rs 1241 crore, Rs 2002 crore and Rs 3204 crore, respectively.

Own midcaps? Do a check & balance exercise to avoid decision of haste: 7 midcaps from different sectors with an upside potential of upto 49%

Every now and then the market goes through phases, where it prefers a certain set of stocks, not based on sector but based on the overall market cap. So, sometimes it is large caps, at other mid-caps. Now this partially happens, due to the flows which are coming to markets. For example, if more flows are coming to mid-cap or multicap schemes there is bound to be out performance in the mid-cap space. Now what it does is that it tends to create a sudden surge in mid-cap. Similarly when there is an outflow like the kind of one which we saw in March this year, midcap stocks tend to decline sharply. Essentially, it is the flows which impact the broader matrix of how midcaps behave. So there are phases not owning a midcap stocks appeared to sin and then there phase, where owning them appears to be sin. But if one focuses on the underlying business and some critical parameters, there is a possibility of getting rid of these phases of anxiety which keep coming to the street and create long term wealth.

Stock Radar: Nearly 20% fall from highs! Bata India showing signs of a rebound

Bata India has experienced a 20% decline from its recent high in August 2023. However, experts are now seeing signs of improvement in the stock. Short-term traders are advised to consider buying the stock with a target price of Rs 1,520 over the next 3-4 weeks.

Hot Stocks: Brokerages on Balkrishna Industries, M&M, HAL and L&T

Brokerage firms like Jefferies, ICICI Securities, and Citigroup are positive on industrial space with L&T, HAL, Balkrishna Industries, and M&M as top picks.

Stock Radar: This battery maker stock turned multibagger in a year; what should investors do?

Exide Industries has given massive returns to its investors in a year and according to experts there is more steam left in the stock. The stock has an upside of 143% in a year. After consolidating in a narrow range for the past few weeks, it gave a breakout from the same this week. The sudden rise followed by consolidation resembles a breakout above a Flag & Pole pattern.

Stock Radar | Why Exide Industries is a good buy on dip stock at current levels, Shivangi Sarda decodes

HAL, REC, 3 more F&O stocks delivered over 25% returns in morose May series

May has seen fear index India VIX hitting 26.20 levels. Nifty in May series declined 82 points or 0.36%. The headline index started the series at 22,570.35 and ended it at 22,488.65.

Technical Breakout Stocks: How to trade DOMS Industries, Exide Industries and Marico on Wednesday

In a volatile session on Tuesday, Sensex slipped by over 200 points to close at 75,170 while the Nifty settled at 22,888. Healthcare stocks saw some buying while utilities, power, and realty stocks saw selling pressure. DOMS and Exide hit fresh record highs, closing with gains of over 3% each.

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 44%

After a short phase where bears were seen on the street, at least on the index level bulls were back in control as they touched a new high. Given the event risk in terms of election results, the market breadth might remain probably in equilibrium territory till the time exit polls come. In this short period if one is not a trader and knows how to hedge, it would be better to be cautious before investing. If one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned.These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.