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RR Kabel shares surge 6% to hit record high after Motilal Oswal upgrade
The upgrade is driven by expectations of stronger revenue growth, aided by ongoing capacity expansion, market share gains and margin improvement.
Siemens Ltd soars 0.06%, gains for fifth straight session
Siemens Ltd is quoting at Rs 3727.7, up 0.06% on the day as on 12:44 IST on the NSE. The stock is up 13.48% in last one year as compared to a 2.73% slide in NIFTY and a 14.16% slide in the Nifty Energy.
Mahanagar Gas Ltd up for fifth session
Mahanagar Gas Ltd is quoting at Rs 1210.3, up 0.12% on the day as on 12:44 IST on the NSE. The stock is down 13.08% in last one year as compared to a 2.73% spurt in NIFTY and a 14.16% spurt in the Nifty Energy.
ABB India Ltd spurts 0.14%, gains for fifth straight session
ABB India Ltd is quoting at Rs 7174, up 0.14% on the day as on 12:44 IST on the NSE. The stock is up 22.24% in last one year as compared to a 2.73% slide in NIFTY and a 14.16% slide in the Nifty Energy.
SJVN Ltd soars 0.51%, rises for fifth straight session
SJVN Ltd is quoting at Rs 74.25, up 0.51% on the day as on 12:44 IST on the NSE. The stock is down 20.47% in last one year as compared to a 2.73% spurt in NIFTY and a 14.16% spurt in the Nifty Energy.
Indian Oil Corporation Ltd up for five straight sessions
Indian Oil Corporation Ltd is quoting at Rs 146.19, up 0.53% on the day as on 12:44 IST on the NSE. The stock is up 5.42% in last one year as compared to a 2.73% fall in NIFTY and a 14.16% fall in the Nifty Energy.
Bharat Heavy Electricals Ltd spurts 2.89%, rises for fifth straight session
Bharat Heavy Electricals Ltd is quoting at Rs 403.6, up 2.89% on the day as on 12:44 IST on the NSE. The stock is up 63.27% in last one year as compared to a 2.73% drop in NIFTY and a 14.16% drop in the Nifty Energy.
JBM Auto gains after subsidiary secures Rs 750-cr investment from Motilal Oswal Alternates
JBM Auto added 1.86% to Rs 705.20 after the company's subsidiary JBM ECOLIFE Mobility, has successfully secured a Rs 750 crore long term strategic investment from Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group.
JBM Auto secures Rs 750 crore investment for e-bus deployment
JBM Auto's unit has secured a significant Rs 750 crore long-term investment from Motilal Oswal to deploy 2,000 e-buses and bolster India's sustainable public transit. This substantial capital infusion will accelerate the rollout of zero-emission fleets across key Indian cities, marking a major step in the nation's electric mobility transition.
Motilal Oswal bullish on defence sector; BEL top pick for 20% upside
Motilal Oswal has reiterated a 'Buy' rating on BEL stock with an unchanged target price of ₹510, based on the 45x two-year forward earnings.
FILA Group sells 7% stake in DOMS Industries for Rs 934 crore
Italian multinational FILA Group has sold a 7 percent stake in DOMS Industries for Rs 934 crore. SBI Mutual Fund and Axis Mutual Fund have bought a combined 2.13 percent stake for Rs 285 crore. FILA Group's shareholding in DOMS Industries has reduced. DOMS Industries manufactures stationery and art materials. The company's shares saw a rise after the transactions.
RR Kabel, Polycab, KEI Industries and More in Focus: Check New Target Prices, Rating Upgrades by Motilal Oswal
Overall, Motilal OswalL believes the C&W sector is entering a stronger and more profitable growth phase, with favorable demand tailwinds, rising organized penetration, and sustained capex likely to support long-term earnings growth.