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Larsen & Toubro shares rose 8% in three sessions after reporting record FY25 order inflow and a 24% YoY jump in Q4 orders, largely from global markets. With improved margins expected and strong future pipeline guidance, analysts retain a 'Buy' rating.
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News and Media
Gautam Shah of Goldilocks Premium Research suggests gold may consolidate after reaching a short-term peak. He anticipates a significant rally in metals, forecasting the metals index to hit 10,500. Jindal Group stocks are particularly attractive, with potential gains of 15% to 30%. Investors should focus on quality large-caps amid global volatility. Silver is also expected to perform well.
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Virtual Galaxy Infotech's IPO witnessed strong investor interest, subscribing nearly 23 times with a healthy grey market premium of around Rs 75. The IPO aims to raise Rs 93.29 crore for capital expenditure and business development. The company, founded in 1997, has shown strong financial growth, with revenue increasing to Rs 63 crore in FY24.
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News and Media
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