Fri, Nov 29, 2024 11:16 AM
Buy Mahindra and Mahindra; target of Rs 3456 Prabhudas Lilladher
A Flip by Avya Verma
MIC Electronics Ltd's share price has risen 150% year-to-date, and Anand Rathi Research expects a 10% further upside, with a target price of ₹90 in one month, citing a bullish technical pattern and previous demand zone. The brokerage recommends buying or accumulating the stock within the ₹81-83 range with a stop-loss at ₹77.5.
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Suraksha Diagnostic Ltd's IPO has been subscribed 7% as of Nov 29, with 12 institutional investors committing ₹253.87 crore ahead of the issue opening. The IPO, priced at ₹420-441 per share, aims to raise ₹846 cr & will conclude on Dec 3. Ahead of the issue opening, Suraksha Diagnostic raised ₹253.87 crore from 12 institutional investors, including, Nippon Life India, Kotak Mutal Fund & others.
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Bitcoin extended its rally for the second consecutive day, trading above $96,000, as positive U.S. regulatory developments and improved market sentiment drove investor confidence. Earlier in the week, Bitcoin experienced significant volatility, hitting an intraday low of $90,770 on Wednesday. As of 12:20 PM, Bitcoin was trading 0.6% higher at $96,186, with a day's high of $96,870.
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