Zacks Equity Research has upgraded DTE Energy Company (DTE) from a “Neutral” to an “Outperform” rating, reflecting its strong performance and investment potential in the utility sector.
News in Focus
Prabhudas Lilladher has reaffirmed a BUY rating on HDFC Asset Management Company (HDFC AMC), increasing its target price to Rs 5,360, a 17.7% upside from its current price of Rs 4,555.
ICICI Securities has reiterated its BUY rating for PVR Inox, with a target price of Rs 2,250, reflecting a 39% upside from the current market price of Rs 1,621.
ICICI Securities has reaffirmed its BUY rating on Angel One, setting a target price of Rs 3,700, offering a 15% upside from its current market price of Rs 3,225.
Rail Vikas Nigam Limited (RVNL) experienced a significant surge in its share price on Thursday, October 17, 2024, climbing by 7.2% to an intraday high of Rs 514.40 per share before settling around
Titagarh Rail Systems saw a 3.8% surge in its share price today, rising from Rs 1,137 to Rs 1,178, driven by high trading volumes within the first hour of the market session.
Main Regional Stories
Bajaj Auto share price decline by 9 percent in early trades as the company reported quarterly results that fell short of market expectations. Bajaj Auto’s stock plunged by 8.9%, trading at Rs 10,575.40 on the Bombay Stock Exchange (BSE).
Prabhudas Lilladher has recommended a REDUCE rating for Deepak Nitrite Ltd (DN) with a target price of Rs 2,582, citing concerns over increasing competition from China, especially in the phenol and polycarbonate markets.
Emkay Global has issued a BUY recommendation for HDFC Life Insurance, with a target price of Rs 825, reflecting an expected 15.5% upside.
Bitcoin and other cryptocurrencies are finally showing strength and a move above $70,000 levels is possible.