Chicago Mercantile Exchange (CME) feeder cattle futures reached life-of-contract highs, while live cattle futures hit multi-month peaks on Thursday, as meat packers struggled to find inventory, analysts said. CME March feeder cattle settled up 3.225 cents at 266.200 cents per pound, and all other contracts except January also reached lifetime highs.
Open FlipShiva Texyarn Ltd's stock surged 11.92% after securing a Rs 36.19 crore order from the Indian Air Force to supply 16,000 pairs of NBC suits, with delivery scheduled between January 3, 2025, and August 31, 2025, showcasing the company's expertise in manufacturing protective gear. Shiva Texyarn Ltd's stock surged 11.92% after securing a Rs 36.19 crore order.
Open FlipBelieving that the current expensive valuations pose a downside risk to Bajaj Housing Finance shares, domestic brokerage firm Kotak Institutional Equities has initiated coverage on the stock with a ‘sell’ rating and a target price of Rs 100.This signals a potential downside of 21% in the stock. Bajaj Housing Finance trades rich (4.7X book and 39X earnings FY2026E).
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