HDFC To Reach Rs 2200 Shortly

Technical AnalystHDFC Bank, Ashwani Gujral is of the opinion that Housing Development Finance Corporation (HDFC) has aim of Rs 2200.

Gujral stated, “I think definitely financial space has a lot of strength, the PSU sector was lagging but now with inflation coming down, I think PSU banks will also catch up.”

One will see Rs 1350 shortly on HDFC Bank as it has made a fresh breakout, and HDFC is now hovering to attain a target of 2200.

C & C Constructions Shoot Up On New Order

C & C constructionsC & C constructions trading up 2.04% to Rs 209.60 after its combined deal secured a Rs 400-crore road pact in north India from the National Highways Authority of India.

The scrip touched a high of Rs 214 and a low of Rs 200.15 during the day. On BSE, 1.75 lakh shares of the scrip were traded. In the last one quarter, the stock had an average daily volume of 81,195 shares on BSE.

Torrent Pharma Top Gainer at BSE

Torrent PharmaTorrent Pharma ascended 6.61% to Rs 257.95 and topped gainers in BSE’s ‘A’ group shares. The other gainers in the list were ABB, LIC Housing Finance, Reliance Energy and GMR Infrastructure.
Freshly, Torrent Pharma Ahmedabad based healthcare company had instigated Rimonabant, which is an anti-obesity molecule, for the first time in India under the trade name Rimoslim. The drug aims many cardio-metabolic risk factors that can lead to obesity, type 2 diabetes or dyslipidaemia.

Red Fort Gets World Heritage Site Rank

Red FortNew Delhi: The UNESCO has given the world heritage status to the the 17th century Mughal wonder, Red Fort on Thursday.

Opposed against 45 other sites from all over the world, the 'Red Fort' is among the four cultural sites that were picked out by UNESCO's World Heritage Committee that is presently assembling in New Zealand to select the next heritage sites.

Glenmark Pharmaceuticals Soars High As USFDA Okays New Drug

Glenmark PharmaceuticalsGlenmark Pharmaceuticals climbed up 1.05% to R

Sun TV Shines Vibrantly On Strong Q4 Results

Sun TVIn early trades, Sun TV Network climbed 5.41% to Rs 1,610 on recording a 310.9%

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News in Focus

Siemens India Share Price Target at Rs 4,190: ICICI Securities

ICICI Securities has maintained a HOLD rating on Siemens Ltd., with a 12-month target price of Rs 4,190, implying about 12% upside from the current market price of Rs 3,750.

Kajaria Ceramics Share Price Target at Rs 1,300: ICICI Securities

ICICI Securities has reiterated a BUY recommendation on Kajaria Ceramics, setting a target price of Rs 1,300, implying about 17% upside from the current market price of Rs 1,114 over a 12-m

Lemon Tree Hotels Share Price Target at Rs 142: ICICI Securities

ICICI Securities has reiterated a Buy call on Lemon Tree Hotels Ltd., with a revised target price of Rs 142, implying 29% upside from the CMP of Rs 110 over a 12-month horizon.

Greenpanel Industries Share Price Target at Rs 332: Prabhudas Lilladher Research

Prabhudas Lilladher has retained a BUY recommendation on Greenpanel Industries, with a target price of Rs 332 against a current market price of Rs 186, signaling substantial upside

NMDC Share Price Target at Rs 106: Motilal Oswal Research

Motilal Oswal has reiterated a BUY call on NMDC and pegged a target price of Rs 106, implying about 15% upside from the current market price of Rs 92.

Lemon Tree Hotels Share Price Target at Rs 165: IDBI Capital

IDBI Capital has suggested BUY Call for Lemon Tree Hotels with Target Price at Rs 165 compared to current price ranging between Rs 110-115.