Stock Market News: September 25 Top Stocks Expected to Surge

Indian Stock Market – Exploring Lucrative Investment Prospects on September 25, 2024

Easy Trip Planners Ltd

• Miscellaneous | Small Cap
• Rs.38.03/-

Reliance Power Ltd

• Utilities | Small Cap
• Rs.41.25/-

Vedanta Ltd

• Basic Materials | Large Cap
• Rs.483.00/-

Power Grid Corporation of India Ltd

• Utilities | Large Cap
• Rs.363.20/-

HDFC Bank Ltd

• Financial Services | Large Cap
• Rs.1775.10/-

Indian Energy Exchange Ltd

• Financial Services | Small Cap
• Rs.205.86/-

Zomato Ltd

• Technology Large Cap
• Rs.286.50/-

SpiceJet Ltd

• Industrials | Small Cap
• Rs.63.31/-

Piramal Pharma Ltd

• Pharmaceuticals | Small Cap
• Rs.232.32/-

Punjab National Bank

• Financial Services | Large Cap
• Rs.104.99/-

Mazagon Dock Shipbuilders Ltd

• Industrials | Mid Cap
• Rs.4315.85/-

Mahindra & Mahindra Ltd

• Consumer Cyclical | Large Cap
• Rs.3130.50/-

Tata Steel Ltd

• Industrials Large Cap
• Rs.161.28/-

National Aluminium Company Ltd

• Basic Materials | Mid Cap
• Rs.197.49/-

Hindalco Industries Ltd

• Basic Materials | Large Cap
• Rs.724.80/-

Tata Motors Ltd

• Consumer Cyclical | Large Cap
• Rs.973.10/-

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Trending Top Stories in Indian Stock Market

1. Analysts at Goldman Sachs maintain a ‘buy’ rating on Power Grid with a target price of Rs 370, citing advantages from a $110 billion transmission capex supercycle in India.

2. UBS downgraded Dabur to Neutral but keeps the target price at Rs 700 citing valuation and risks to growth in sales of beverages.

3. Piramal Pharma aims for $2 billion revenue by 2030; Jefferies raises target price to Rs 260 with 20 percent upside.

4. The board of Zee Media Corp is scheduled to meet on Sept 27 to deliberate upon its plan to raise funds through various permissible instruments or securities.

5. Mukta Arts buys satellite and media rights of 37 films from Zee Entertainment for six years, paying 25% more than the amount it had paid for the earlier deal.

6. HDFC Bank denied the technical glitch charge, terming no consumer was impacted due to fulfillment issues.

7. REC Ltd is raising $500 million in global notes under its $10 billion medium term note programme to fund eligible green projects.

8. Renewable energy portfolio to go up to 50 GW by 2030; it is building the world’s largest renewable energy plant and wants to have a 70% renewable share in bulk power by 2030, besides building a USD 1 billion HVDC line for Mumbai.

9. Macquarie maintains outperform rating on Bharat Electronics Ltd, with a price target of ₹350, expecting 15% revenue growth for FY2025.

10. NBCC seeks SC nod to complete the remaining 17 stalled projects by Supertech Limited. It could help in bringing well-being for 27,000 homebuyers who have been cheated as well.

11. Tata Power experiences fire at Trombay, cause unknown, but no casualties; besides it is well insured.

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Source: Google NSE BSE

Business Desk: News Lounge 24×7

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of News Lounge 24×7. We advise investors to check with certified experts before taking any investment decisions.