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Sonata Software's shares have surged by 630% in the last four years, reaching ₹724 per share. In 2023, the stock saw a 163% gain, finishing 11 out of 12 months positively. Dalal& Brocha Stock Broking has initiated coverage on the stock with a 'buy' rating, setting a target price of ₹919. Continue Reading »
Stock market today: Nifty 50 hit a fresh all-time high of 24,592.20, while the Sensex made a fresh peak of 80,893.51 during the session. Continue Reading »
Stock Market Today: Tata Steel, JSW Steel, JSPL, SAIL share prices have risen 5-36% year to date. While steel demand in country remains strong and Budget proposals are likely to support demand, the weak global and domestic steel prices may keep steel margins under check during the first half FY25. Continue Reading »
Systematix expects a substantial rise in raw material costs for cement players, with some moderation expected. Despite cost-saving measures, it expects EBITDA per ton to decline due to a sharp drop in realisations of ₹319 per ton year-on-year and ₹131 per ton quarter-on-quarter. Continue Reading »
Multibagger alert: Shera Energy share price has shown significant growth, with technical analysts predicting a potential momentum move on a range breakout. The firm saw a 37% increase in total sales in the second half of FY2024, with a recent deal worth USD 87,000 expanding its presence in Africa. Continue Reading »