Tue, Jul 27, 2021 2:15 PM
10,000th unit of new Safari rolled out by Tata Motors
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Central Depository Services (CDSL), the country's largest depository, recorded an addition of 1.09 crore demat accounts in the quarter ended March 31, 2024, compared to 51 lakh accounts added during the same period a year ago. For the fiscal year ended March 2024, the depository saw a total addition of 3.26 crore new demat accounts, bringing the total number of accounts to 11.56 crore.
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Shares of Titan Company plunged 7.2% Monday after fourth-quarter results showed profitability is under pressure. Most analysts trimmed their price targets on the stock, but the forecasts still imply upside of 8-22% over Monday's closing price of ₹3,281. Analysts said rising gold prices could dent demand for Titan's products.
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Shares of Deepak Nitrite surged 4.8% after Morgan Stanley gave a 'double-upgrade' in its rating on the stock to overweight. The brokerage set a price target of ₹2,985 on the stock, implying an upside of about 16% over its Monday closing price of ₹2,560.5.The brokerage said Deepak Nitrite is in the midst of its largest investment cycle, transitioning into India's largest.
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