Morgan Stanley On WiproUnderweight Call, Target At `250/ShAfter Capco (2021) & Rizing (2022) Acquisition, See Applied Value Tech Acqn Being Relatively SmallSee The Acqn Supporting More Of Capability Boost & Adding Some Marquee Clients To PortfolioGiven Small Scale, See Acquisition Having A Limited Impact On Financials In FY25/FY26CLSA On ITTCS, Infosys & Wipro, In Their Quarterly Preview, Showed C...

Cipla shares gained over 2 percent on December 17 after Kotak Institutional Equities upgraded the stock to a 'buy' from its previous 'add' rating. The upgrade was driven by factors such as reasonable valuations, a series of upcoming US launches, expectations of domestic recovery, and healthy growth in South Korea.Along with the rating upgrade, Kotak assigned a price target of Rs 1,725 for the stoc...

Shares of railway-related stocks traded mixed on December 17, with names like Railtel Corp, Texmaco Rail, and Rail Vikas Nigam gaining 1-2 percent while others like Titagarh Rail, Jupiter Wagons, and IRFC witnessed slight profit booking that dragged the stocks into the red.This comes after railway stocks bounced back into the limelight in the past month's strong optimism over the sector's growth p...

Shares of Quess Corp are higher by 10% in early trade after Antique Broking initiated coverage with a Buy recommendation and a target price of Rs 1,000 per share on an improved growth outlook.Quess Corp shares are rising on very strong volumes to climb above 20 and 50-DMA, clocking its best day in over 12 weeks. The target price assigned implies a 50% upside from Monday's closing price.The Antique...

Shares of newly listed Afcons Infrastructure gained 5 percent to Rs 568 to hit a fresh record high on December 17, extending gains for a second trading session in a row after Investec initiated coverage with a 'buy' call and assigned a price target for the stock.With a price target of Rs 630, the brokerage anticipates an upside potential of 17 percent from the last closing price of Rs 540 on the N...