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Minda Corp's ambitious Vision 2030, projecting substantial revenue and EBITDA growth, has garnered strong endorsement from market expert Parag Thakkar. While expressing caution towards the IT sector due to AI's potential deflationary impact and other headwinds, Thakkar remains constructive on metals, highlighting Hindalco and JSW Steel as promising investments.
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Adani Power shares are declining after a recent surge. The stock had risen following a stock split and positive brokerage reports. Profit booking has led to a decrease in share value. Technical indicators suggest the stock is overbought. Analysts advise caution, suggesting buying on dips. Brokerages support long-term growth, but execution risks exist. Valuations are currently at a premium.
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Maruti Suzuki shares hit a 52-week high on the BSE on Wednesday after Goldman Sachs upgraded the stock to Buy with a target of Rs 18,900. The upgrade highlights strong entry-level demand, new model launches, and strategic advantages in upcoming emission norms.
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