Thu, Feb 29, 2024 5:58 PM
GPT Healthcare debut exceeds expectations. Should you wait for more upside?
A Flip by Shubhangi Gupta
Gold prices experienced a slight increase on Friday. The cost of 24 carat gold is Rs.7829.3 per gm, reflecting an increase of Rs.220.0. The cost of 22 carat gold is Rs.7178.3 per gm, up by Rs.200.0. The price change in 24 carat gold over the last week has been 0.03%, while in the past month it has decreased by 5.33%. The current price of silver stands at Rs.100000.0 per kg.
Open Flip
The three stocks like Indraprastha Gas Ltd., Mahanagar Gas Ltd. and Gujarat Gas Ltd. are under selling pressure after a 20% cut in their gas allocation through the Administered Price Mechanism (APM) triggered concerns. Shares of 📌IGL are currently trading 12.09% lower at ₹443.55, 📌Mahanagar Gas shares are trading 12.70% lower at ₹1,538.30, while those of 📌Gujarat Gas are down 4.07% at ₹547.05.
Open Flip
Polycab India's shares fell 5% despite reporting in-line earnings, with a 3.6% YoY increase in net profit to Rs 445.2 crore, driven by a 28% growth in domestic Cables & Wires sales. Jefferies and Nuvama have issued 'buy' calls with target prices of Rs 8,315 and Rs 8,340, respectively, citing growth potential in global markets and rising exports.
Open Flip
