jk lakshmi

Big movers on D-Street: What should investors do with CG Power, JK Lakshmi and Metro Brands?

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Big movers on D-Street: What should investors do with CG Power, JK Lakshmi and Metro Brands?

Equity markets were mixed on Friday after the Reserve Bank maintained status quo on key rates and amid a negative trend in global markets. The 30-share Sensex inched up 20 points to settle at a fresh record of 74,248 and the broader Nifty ended with a marginal loss of 0.95 points at 22,513. Stocks that … Read more

Cement stocks rally up to 5%. What’s behind the strength?

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Cement stocks rally up to 5%. What’s behind the strength?

Shares of cement stocks on Wednesday rallied up to 5% after Japanese broking firm Nomura upgraded four of them and raised their target prices. Stating that the cement momentum will continue in India, Nomura has upgraded Ultratech to buy from neutral with a target price of Rs 11,500. Dalmia Bharat’s target has been raised to … Read more