Thu, May 2, 2024 8:42 AM
HFT Scan : Vascon Engineers and Sawaca Business in focus
A Flip by Shubhangi Gupta
Shares of the newly-listed Premier Energies have rallied 41% in the last three days, rising to a high of Rs 1,190.25 on BSE in Monday's trade after the company announced receiving a Rs 215 crore order from the Uttar Pradesh Department of Agriculture. The order received from the state is for the supply of 8,085 solar water pumping systems across various districts in the state.
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Bhatia Communications & Retail's share price surged 5% to ₹25.51, hitting upper circuit limit for the third straight session, after the company announced the record date for the final dividend of Re 0.01 per equity share. The dividend will be paid to shareholders on or before the prescribed time under Companies Act, 2013.
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Global brokerage house JPMorgan has upgraded its valuation for Zomato, one of India’s leading food delivery aggregators, by an impressive 63 percent. The brokerage raised its target price for Zomato from ₹208 for June 2025 to ₹340 for December 2025, signalling a strong potential upside of nearly 31 percent. This bold revision reflects JPMorgan’s confidence in Zomato’s dominant market position.
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