Wed, Oct 30, 2024 10:39 AM
Accumulate Adani Wilmar; target of Rs 373: KR Choksey
A Flip by Avya Verma
📌Axis Bank| Buying Range: ₹1,189-1,210 | Targets: ₹1,332-1,403 | Stoploss: ₹1,070. 📌Karur Vysya Bank | Buying Range: ₹214-218 | Targets: ₹249, 269 | Stoploss: ₹183. 📌Stylam Industries | Buying Range: ₹2,195-2,230 | Target: ₹2,560-2,690 | Stoploss: ₹1,880. 📌Can Fin Homes | Buying Range: ₹850-860 | Target: ₹960-1,040 | Stoploss: ₹765.
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Force Motors share price surged as much as 20 per cent to hit its upper circuit in morning trade on BSE on Wednesday, October 30, boosted by strong September quarter results. The stock opened at ₹7,250.05 against its previous close of ₹6,378.35 and surged 20 per cent to the level of ₹7,654. Around 10:10 am, the stock was locked at its upper circuit.
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Shares of Adani Ports and SEZ showed little movement on Wednesday as the company’s second-quarter results attracted mixed reviews from analysts. What Happened: The Adani Group firm’s port revenue growth missed Morgan Stanley’s estimates whereas the vertical’s EBIDTA growth exceeded its forecast. Revenue and EBITDA growth from logistics far surpassed the brokerage’s expectations.
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