Gensol Engineering’s stock hit a new 52-week low following continuous declines, driven by credit rating downgrades and financial scrutiny. The company’s CFO resignation, debt concerns, and regulatory investigations have further aggravated investor fears, despite efforts to reassure the market.Read More
Anand Rathi advises buying Venus Pipes & Tubes with a target price of Rs 1,700 within a year. The company’s current market price is Rs 1299.9. Positive outlook is based on capacity expansion, backward integration, and global presence. Risks include slow domestic demand and delayed capex. Promoters hold 48.12% stake as of December 2024.Read More
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