Thu, Feb 1, 2024 2:36 PM
Adani Enterprises Q3 Results: Net profit soars 130% YoY to Rs 1,888 cr
A Flip by Shubhangi Gupta
VST Industries, a company partially owned by Radhakishan Damani, saw its shares rise 4% after announcing the sale of its Hyderabad property for ₹101.7 crore. The buyer is not affiliated with the promoter or promoter group. Despite the recent surge, the stock has experienced declines over the past six months.
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Shares of NTPC surged 3 percent to Rs 377 in morning trade on November 25, extending gains for the second consecutive trading session after Bernstein maintained an 'outperform' rating on the company and raised the target price. With a target price of Rs 440, citing robust power demand, evening shortages, and the company’s cost-of-debt advantage as key drivers.
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Shares of Zomato, the food delivery aggregator, surged 6.35% in early morning trade on November 25, reaching a 6-week high of ₹273 per share, following the announcement that the company will join the BSE Sensex. Zomato will replace JSW Steel in the index, marking the first new-age tech stock to enter the prestigious 30-share index.
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