CESC shares get an upgrade from Nuvama with 20% upside potential

Of the 11 analysts that have coverage on CESC, 10 have a “buy” rating and one has a “sell” rating.

Of the 11 analysts that have coverage on CESC, 10 have a “buy” rating and one has a “sell” rating.

European markets opened lower on Wednesday, but defence shares rallied after Donald Trump’s backing for Ukraine’s full territorial claim lifted Saab, Hensoldt, and other key players in the defence sector.

Tehmasp Printer, MD and CEO of International Gemmological Institute, says India’s conservative market favors 22-carat gold, but lab-grown diamonds and lightweight gold jewellery are driving affordable luxury, with strong festival season demand.

Its closest direct rival, publicly traded stablecoin issuer Circle Internet Group Inc., was worth about $30 billion as of Tuesday afternoon.

Refex Industries shares gained after subsidiary Venwind Refex Power secured a ₹475 crore order to supply wind turbine generators and towers in Gujarat.

Gautam Shah, Founder, Goldilocks Global Research said gold has outperformed other assets over the past 18 months and is likely to continue rising, with $3,850 per ounce as a near-term resistance. He sees a bigger opportunity in silver, which could…

Shares of Dabur Ltd. were trading 1.7% off their day’s low after the announcement. The move is also in line with the recovery seen in other FMCG stocks like HUL, Britannia and Godrej Consumer Products, among others.

The company plans on building a 60-acre manufacturing unit to produce a wide range of products like regional snacks such as biscuits, spices, wheat flour, edible oil and more.

The three schemes include a Shipbuilding Financial Assistance Scheme worth ₹25,000 crore, a Maritime Development Fund worth ₹25,000 crore and a Shipbuilding Development scheme worth ₹20,000 crore.

India, the world’s third-largest CO2 emitter, is heavily reliant on coal for power generation. The nation has installed 8.8 gigawatts of atomic power since its oldest reactor was commissioned in 1969, and reaching the 2047 target would mean building half…