Aegis Logistics also has an 'Overweight' rating and a target price of Rs 895. JPMorgan sees oil and gas logistics as a multi-year growth story
Aegis Logistics shares rally: The surge was accompanied by a sharp rise in trading activity, as nearly 31 lakh shares changed hands.
In the case of Dr Reddy's Labs, Axis Securities said the stock has broke out of the 'Falling Channel' pattern at the Rs 1,288 level on the weekly chart and is being supported by a strong bullish candle.
The latest round of profit booking at Dalal Street has not only wiped out more than Rs 20 lakh crore from the investors' pockets, but also pushed 25 stocks of the BSE500 index into the bear grip in a month.
LIC shares bottomed out near the Rs 870 level after a correction and formed a higher bottom formation with a positive candle formation on the daily chart.
Stocks in focus today: Cautiousness expected in the market, ahead of the Federal Reserve's policy meeting on Wednesday where a 25bps hike is expected.Bajaj Finance, Axis Bank, Tech Mahindra, Tata Consumer Products, L&T among stocks to watch on Wednesday, July 26, 2023.
Bajaj Finance, Axis Bank, Tech Mahindra Q1 Results, Yatharth Hospital IPO in Top News on July 26: Nifty, PM Modi likely to inaugurate revamped ITPO complex, Samsung Galaxy Z Fold 5, Flip 5 in focus.
The multibagger stock is up over 54 per cent in the last 12 months. It has recovered over 74 per cent from its 52-week low of Rs 197.75, hit on June 20, 2022
Aurobindo Pharma on the weekly chart has decisively broken out above the medium term 'falling channel' at Rs 485 with strong bullish candle indicating a positive bias.
Coal will go ex-dividend today. The company had announced an interim dividend of Rs 15 per share. The record date for the same is November 16 and the dividend will be paid on December 12
The share has delivered more than 105 per cent returns in the last 12 months and risen 48 per cent since the beginning of this year





