Bharat Electronics Limited (BEL): BEL's shares surged by 5.38% to an intraday high of ₹287.85 following the announcement of a ₹2,210 crore contract with the Defence Ministry. This deal involves supplying Electronic Warfare Suites for Mi 17 V5 Helicopters of the Indian Air Force, bolstering BEL's position in the defense sector.
Varun Beverages (VBL): Motilal Oswal Financial Services has identified VBL as a top pick for April, assigning a 'Buy' rating with a target price of ₹680, indicating a potential upside of 25%. VBL's robust market presence and expansion plans contribute to its favorable outlook.
ICICI Bank: Also highlighted by Motilal Oswal, ICICI Bank has been given a 'Buy' rating with a target price of ₹1,540, suggesting a 17% potential increase. The bank's strong financial performance and strategic initiatives underpin this positive assessment.
Power Grid Corporation of India: On April 7, shares of Power Grid declined by 1.51% to ₹289.35 amid a broader market downturn. Despite this, the company outperformed some industry peers, reflecting relative resilience in a challenging market environment.
Titan Company: Titan is among the stocks to watch, with market participants keenly observing its performance in the current economic landscape.
Tata Motors (TaMo): Tata Motors remains in focus as investors monitor its strategies and performance in the automotive sector.
HDFC Bank: In its Q4 business update, HDFC Bank reported a 14.1% year-on-year growth in deposits and a 5.4% increase in gross advances, indicating robust financial health.
Adani Ports: Adani Ports continues to attract attention due to its significant role in the logistics and port operations sector, with developments closely watched by investors.
Brigade Enterprises: This real estate company's activities and project launches are under scrutiny as the real estate sector navigates current market dynamics.
Lemon Tree Hotels: Lemon Tree Hotels is on investors' radar, reflecting interest in the hospitality sector's recovery and growth prospects.
Investors should conduct thorough research and consider current market conditions before making investment decisions.
Source: Taken from multiple websites
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