NMDC s shares hit a 14-year peak of ₹271.70, up 1% on Monday, maintaining an upward trend since June 2023 with a gain of 143%. LKP Securities recently initiated coverage on the stock with a buy rating and a target price of ₹297 per share.
Shares of GMDC surged more than 11 per cent to Rs 502.15 on Tuesday, hitting its new 52-week high, commanding a total market capitalization close to Rs 16,000 crore.
Hot stocks today: Indian equity benchmarks were trading lower today. The 30-share BSE Sensex fell 94 points to 66,379 and Nifty lost 21 pts to 19,790. Here s a look at stocks buzzing in early deals.
NMDC, ICICI Securities said, has an opportunity to consolidate its position in merchant mining space even in Odisha where mining scenario has changed considerably post the auctions.
In August, Prime Minister Narendra Modi said in a jest that stock market investors should invest in PSUs which were criticised by the Opposition in the past. PM s light-hearted advise on the floor of the Lok Sabha led to PSU stocks surging over the last one month as shares of some PSUs seem to have caught the eyes of investors. Watch this Visual Story to see PSU stocks that have surged up to 85% in once month since PM s remark.