The Indian market has been on an upward trend, rising 1.26 percent in July so far after a 6.5 percent surge in June. Overall in 2024 year-to-date (YTD), the index has rallied almost 12 percent. The recent upswing in the Indian stock market owes much to renewed investor confidence after […]
anand rathi stock recommendations
Stock to buy: Brokerage firm Anand Rathi has initiated coverage on Bikaji Foods shares, the third-largest ethnic snacks company in India. Apart from snacks, Bikaji Foods International is also the third-largest player in sweets and the second-largest papad maker pan-India backed by its extensive portfolio and strong branding. The rise […]
Anand Rathi has assigned a ‘Buy’ rating on Rossari Biotech shares with a target price of ₹950 apiece, implying an upside potential of nearly 26% from its Thursday’s closing price. The specialty chemicals manufacturer Rossari Biotech is embarking on substantial ₹180 crore capex to yield an asset turnover of 4-5x […]
Indian stock market rallied on Wednesday, with the benchmark Sensex surpassing 77,000-mark and the Nifty 50 index hitting record high above 23,440 level. Broader markets outperformed, as the Nifty Smallcap 100 and the Nifty Midcap 100 index were trading over a percent higher each. Barring Nifty Realty and Nifty FMCG, […]