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2025-03-24 07:42:27| The Economic Times

L&T shares rose 3% to Rs 3,515.9 after the companys board approved a Rs 12,000 crore fundraising plan and appointed Subramanian Sarma as Deputy Managing Director. Additionally, L&T secured an order worth Rs 2,500-5,000 crore for projects in Hyderabad and Chennai. Trendlynes target price for the stock is Rs 4,092, indicating a 17% upside from current levels.

Category: News and Media

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2025-03-24 07:31:04| The Economic Times

Jindal Stainless shares fell 4.3% after Nuvama cut its target price, citing weak exports and high imports impacting profitability. The company delayed its Jajpur expansion, while analysts remain optimistic despite a 28% correction. Near-term challenges persist, but long-term growth prospects remain intact.

Category: News and Media

2025-03-24 07:21:55| The Economic Times

Adani Group stocks fell 21% in FY25, losing Rs 3.4 lakh crore in market value due to investor caution, regulatory issues, and FII sell-offs. Adani Green, Adani Enterprises, and NDTV saw steep declines, while broader market volatility and policy uncertainties also impacted valuations. The group denies all allegations.

Category: News and Media

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