Domestic brokerage firm Kotak Institutional Equities, in a recent report, reiterated its bearish stance on NHPC following the company’s mixed performance in the quarter ending June. The brokerage maintained its ‘sell’ rating on NHPC, setting a target price of ₹68, which suggests a potential downside of 31% from the stock’s recent closing price of ₹98.80. … Read more
Investors who were allotted shares of DOMS Industries in December are likely happy with their investment decision, as the company’s stock has been on a bull run since listing, consistently reaching new all-time highs each month. The shares are currently trading at ₹2,394 apiece, which indicates a 203% premium to the IPO price of ₹790. … Read more
KPIT Technologies (KPIT), a leading global pure-play engineering, research, & development (ER&D) services company, has seen its shares skyrocket in a brief time, rewarding shareholders handsomely. Over the last two years, the shares have climbed from ₹517 apiece to the current trading price of ₹1,882, translating into a massive gain of 265%. Looking further back, … Read more