Lok Sabha election results: Basant Maheshwari warns PSU stock holders of downtrend, says to ‘analyse shares’

Lok Sabha election results: Basant Maheshwari warns PSU stock holders of downtrend, says to ‘analyse shares’

Eminent investor Basant Maheshwari in his YouTube live, on June 4, warned the PSU stocks holders as the market momentum from PSU, defence and renewable energy could shift amid formation of new government. Several brokerages had identified several stocks (Modi stocks) which could gain from the emergence of a Modi 3.0 government. Modi stocks are …

Read more

Suzlon Energy: Anand Rathi bullish on turnaround story, retains ‘buy’ rating

Suzlon Energy: Anand Rathi bullish on turnaround story, retains ‘buy’ rating

In its most recent report, domestic brokerage firm Anand Rathi reiterated its ‘buy’ recommendation on Suzlon Energy with a price target of ₹58 apiece, emphasising the company’s notable market position in India’s wind turbine sector and the company’s achievement with net cash totaling ₹11.4 billion in FY24, marking the first instance since FY06. The brokerage …

Read more