Coal India stock zooms 29% in September, biggest monthly gain since listing; should you buy?

Coal India's stock price surged by 29% in September, marking its largest monthly gain since its listing in 2010. The surge was driven by the company's strong operating performance, with production and sales volume reaching historical highs for the fifth consecutive month.

NTPC surges to historic high, up 53% in a year; is there more rally ahead?

NTPC, India's largest power generation company, saw its shares surge by 4.55% to reach a historic high of ₹247.8. The company's aggressive expansion plans in renewable energy are expected to make it a major player in the Indian renewable space.

High Conviction Ideas: Religare lists 4 midcap picks with up to 21% potential upside

Midcaps have been massively outperforming benchmarks recently. If you are looking to buy, Religare Broking has picked 4 midcap stocks from IT, cement &amp; FMCG space. It believes they have potential to perform and earn a return in the range of 16-21% from a 9-12 months perspective. Let's take a look.

Centrum Broking initiates coverage on these 3 affordable housing finance companies with a 'buy' rating

Centrum Broking has initiated coverage on Aavas Financiers, Aptus Value Housing Finance, and Home First Finance with a 'buy' rating. Home First Finance is the brokerage's preferred pick in the affordable housing finance segment.

Brokerages divided on IT sector: While Morgan Stanley raises targets; Nirmal Bang remains ‘underweight’

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Brokerages have differing views on the IT sector in India. Morgan Stanley has raised price targets for certain IT stocks, citing earnings improvement and optimism about growth and margin estimates for 2024-25. However, Nirmal Bang has ‘sell’ calls on most IT stocks.

HDFC Securities sees over 70% upside in Ashoka Buildcon; says asset value is greater than mcap

Ashoka Buildcon's order book has multiplied 2x over FY19-23, but its shares have underperformed. HDFC Securities maintains a 'buy' rating, with a revised target price of ₹189, citing a strong order book and anticipated cash inflows from asset monetisation.

Nomura cautious on Asia but ‘overweight’ on India; lists out top stock picks

Nomura has upgraded India to 'overweight' from 'neutral', citing its structural story as a major beneficiary of the ‘China+1’ theme and a large, liquid equity market. Nomura recommends a portfolio of stocks with favourable valuations and exposure to domestic growth sectors like banks and infra.

Global Health: Motilal Oswal initiates coverage on this newly listed stock with a 'buy' rating

Medanta, the hospital operator, receives 'buy' rating from Motilal Oswal with a target price of ₹840, implying a 21% upside potential.

Kotak Institutional downgrades Berger Paints to 'sell' citing weak demand and rising competition

Kotak Institutional Equities downgrades the rating on Berger Paints to 'sell' with an unchanged target price of ₹500. Grasim on track to launch its decorative paints business, branded as 'Birla Opus' in 4QFY24, poses a significant threat to Berger Paints.

Is Zen Technologies still a 'buy' after a 318% rally in 2023? Here's what HDFC Securities says

Zen Technologies, a company specialising in simulators and anti-drone systems, has a strong order book and expects further order inflows. It is well-positioned to benefit from the government initiatives.

Top Stock Picks News

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Coal India stock zooms 29% in September, biggest monthly gain since listing; should you buy?

markets

NTPC surges to historic high, up 53% in a year; is there more rally ahead?

markets

High Conviction Ideas: Religare lists 4 midcap picks with up to 21% potential upside

markets

Centrum Broking initiates coverage on these 3 affordable housing finance companies with a 'buy' rating