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Adani Enterprises among 4 stocks that closed above VWAP, signaling bullish shift
Four Nifty500 stocks, Zensar Technologies, Adani Enterprises, Astral, and ABB India, closed more than 1% above their VWAP on July 3, signaling potential bullish momentum and strengthening positive market sentiment, according to technical scan data.
Astral's demerger plan triggers sharp selloff, brokerages trim target prices
Astral's stock dipped 11% after announcing a demerger of its chemicals business. Investors are concerned about the valuation and growth prospects of the standalone chemical entity, which currently lags the profitable plumbing segment. While analysts maintain 'buy' ratings, some have lowered target prices. The company anticipates significant revenue growth for the chemicals division in the coming years.
Top Gainers & Losers on June 29: Persistent Systems, Netweb Tech, Astral, MRF, Berger Paints, OLA among top losers
Indian equities continued their decline on June 29, with the Nifty 50 dropping 0.46% and the BSE Sensex falling 0.44% amid renewed Middle East tensions. While pharmaceutical and metal stocks gained, auto and technology shares suffered notable losses, reflecting mixed sectoral performance.
Netweb Technologies India Ltd leads losers in 'A' group
Persistent Systems Ltd, Astral Ltd, Supreme Industries Ltd and Alkyl Amines Chemicals Ltd are among the other losers in the BSE's 'A' group today, 29 June 2026.
SBI Securities prefers HDFC Bank, sees long-term upside in metals
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, while slower growth remains a near-term concern. Agarwal is also bullish on the metals sector, with Indian Metals & Ferro Alloys as his top pick, and remains positive on Astral over the long term despite near-term challenges.
Astral Target Price Trimmed, Yet Motilal Oswal Remains Bullish — What's Driving the Call?
Following 15% correction in the stock price from the recent high in Mar'26, Motilal Oswal has reiterated its Buy rating on Astral.
Stock Picks Today: HDFC Bank, CG Power, Astral, Eternal, Yes Bank, IT Companies, And More On Brokerages' Radar
Brokerages' Radar
Why Astral Is Splitting Its Business; What It Means For Shareholders
Subject to regulatory appproval, the newly formed entity is scheduled to be listed on the NSE and BSE.
Stock Alert: Infosys, Gujarat Alkalies, Tata Capital, Astral, Ratnaveer Precision, Avanti Feeds
Securities in F&O Ban:
Stocks to Watch for June 12: Happiest Minds, Infosys, Astral and more
Happiest Minds unveiled its RelAIBuild and ADLC platforms, while Infosys successfully completed the CMMI AI Maturity pilot. Separately, Rajneesh Narain was appointed Director (Finance) at IRCTC and Astral acquired a 60% stake in DSS, making these stocks worth tracking ahead of Friday's trading session.
Astral enters specialty chemicals with ₹39 crore DSS LLP acquisition
Shares of Astral Ltd ended at ₹1,490.45, down by ₹9.05, or 0.60%, on the BSE
Motilal Oswal sector of week: Plastic pipes; Astral, Supreme Ind top bets
India's PVC demand is projected to remain significantly ahead of domestic supply, supporting long-term growth opportunities