{ }
001122334455554433221100
001122334455554433221100

Brokerage Recommendations Highlight Buy Calls for Sun Pharma and Godrej Consumer

Jefferies has issued a 'Buy' recommendation for Sun Pharma with a target price of ₹2,150 per share, citing potential peak sales of $100 million from its latest cancer treatment assets. Meanwhile, CLSA rates NHPC as 'Outperform', reflecting positive sentiment in the market.Godrej Consumer Products also received a 'Buy' call from Jefferies, targeting ₹1,550 per share, despite anticipated volume declines in soaps and home insecticides. Motilal Oswal has a 'Buy' rating on Reliance Industries, targeting ₹1,580 per share, highlighting strong free cash flow generation and growth prospects in various segments.

NSE adds 45 new stocks to futures and options trading segment

The National Stock Exchange (NSE) has expanded its futures and options (F&O) segment by adding 45 new stocks, effective November 29, 2024, increasing the total to 223. This inclusion, following SEBI’s revised criteria, aims to enhance liquidity and market participation, featuring notable stocks like LIC, Jio Financial Services, and Zomato. Analysts anticipate that this move will boost trading volumes and improve price discovery for these stocks.

India faces challenge of unsold renewable energy amid high demand

India faces a significant challenge with nearly 30 GW of unsold renewable energy, primarily due to a lack of contracts from distribution companies (discoms). The situation has been exacerbated by recent scrutiny of industry leaders, highlighting the urgent need for stricter enforcement of Renewable Purchase Obligation (RPO) norms. In response, the Centre has mandated public sector units to bid for 50 GW of renewable projects annually until FY28, aiming to achieve a target of 500 GW of non-fossil fuel-based power generation capacity by 2030.

Arunachal Pradesh set to become India's hydropower hub with major investments

Arunachal Pradesh is set to become India's hydropower hub with projects worth Rs 1 lakh crore in the pipeline. The Union Cabinet has approved two projects totaling 426 MW, with an immediate goal of operationalizing 12,500 MW in the next two years, spearheaded by central public sector undertakings. Five projects are expected to commence next year, followed by three each in 2026 and 2027.

decline in shareholder numbers for yes bank and tata power

Yes Bank, Tata Power, and Reliance Power experienced significant declines in shareholder numbers, with Tata Power losing over 64,000, Yes Bank 54,000, and Reliance Power more than 47,000. In contrast, Tata Steel gained nearly 800,000 new investors, followed by Tata Motors with 700,000 and Vodafone Idea with 600,000. Other notable increases included IRFC (390,000), NHPC (260,000), and Jio Financial Services (55,000).
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.