Recommendation: Buy; Target Price: Rs 2400
The stock surged as much as 13.2%.
Company's stock price rises after its profit in the March quarter increases y-o-y by 31.3%.
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
Recommendation: Buy; Target Price: Rs 220
Recommendation: Add; Target Price: Rs 3675
Recommendation: Reduce; Target Price: Rs 1150
Pharma & healthcare stocks came under selling pressure today.
The issue was available for subscription from May 25-27, with QIBs applying for 49.16 times the allotted quota of shares.