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Gold prices have surged by Rs 3,400 per 10 grams in just the past week. Both gold and silver saw gains in the international markets, driven by safe-haven demand amid renewed tensions in the Middle East.
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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.
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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.
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BPCL has formed a partnership with BluJ Aerospace, the Agency for New and Renewable Energy Research and Technology (ANERT), and Cochin International Airport Limited (CIAL) to create the world’s first hydrogen-powered Vertical Take-Off and Landing (VTOL) aviation ecosystem.
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JK Lakshmi Cement shares will be in focus after the company received a Rs 45.6 crore tax demand for AY 2022-23. The firm disclosed that the assessment order was received on March 18, 2025. The company plans to appeal the order, stating that the demand is legally untenable and unlikely to impact its operations.
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Axis Securities recommends buying Sarda Energy & Minerals stock with a target price of Rs 615, highlighting a recent breakout from consolidation, supported by technical indicators. For Q3 2024, the company reported a consolidated total income of Rs 1318.74 crore, up 8.61% from the previous quarter, along with a strong net profit of Rs 188.16...
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