The stock gave multibagger returns of 165 per cent in just 1 year whereas BSE Industrials Index is up by 84 per cent. Welspun Corp Ltd has secured a binding Letter of Award (LOA) valued at approximately Rs 611 crore for the export of line pipes, including LSAW pipes, coating, and bends, to Latin America. This contract is contingent upon certain conditions being met.
Open FlipA total of 15 Nifty 50 stocks have given breakout on Friday. Those 15 breakout stocks include shares from banking, railways, auto, PSU, and pharma sectors. Those 15 shares include Ashok Leyland, State Bank of India (SBI), Bank of Baroda (BoB), Rail Vikas Nigam Ltd (RVNL), Indian Railway Finance Corporation (IRFC), Tata Motors, Divi's Laboratories, Aurobindo Pharma, etc.
Open FlipAnalysts maintain their optimistic view on ICICI Bank, the second largest private sector bank in the country. They have raised their target prices for the stock after the release of the bank's Q4 and full fiscal year FY24 financial results, which came in above their estimates. On Friday after market hours, the bank reported strong performance in the fourth quarter of fiscal year 2024 (4QFY24).
Open Flip