The surge in Indian IT stocks came as part of a broader rally for the sector, with Indian IT companies staying in focus for the third consecutive session on December 19. A softer US inflation report and positive quarterly results from Accenture helped boost sentiment.
Lenskart Solutions shares: Lenskart Solutions shares zoomed 16.68% to Rs 478.05 on Friday against the previous close of Rs 409.75.
Shares of Shriram Finance rallied sharply to a fresh all-time high of Rs 914.10 after the NBFC confirmed a strategic investment by Japan’s MUFG Bank.
Shares of ICICI Prudential AMC were listed with a premium of 20 per cent at Rs 2,606.20 and the stock rose more than 2 per cent to hit highs of Rs 2,662, before falling to Rs 2,573.90.
The defence stock rose 5% to Rs 237.85 today against the previous close of Rs 226.85. Market cap of the firm rose to Rs 7,983 crore.
Jefferies, which initiated coverage on Groww with 'Buy' today, said there is a greater scope for operating leverage in Groww than Angel One.
Jefferies set a price target of Rs 180, valuing Groww at 33x December 2027E EPS, representing about a 15 per cent discount to Robinhood.
Bolinjkar said he is positive on the asset management space as a whole and that ICICI Prudential AMC is his top pick in the pecking order.
On Friday, shares of Shriram Finance gained 4.53 per cent to touch an all-time high of Rs 908.55 on the BSE, surpassing its previous close of Rs 869.20 apiece.
The project has been bagged by the HCC-VCCL Joint Venture, in which HCC holds a majority stake of 65 per cent.
Pharma stock Laurus Labs advanced 2.42 per cent to Rs 1,039.70. Divis Laboratories Ltd gained 1.87 per cent to Rs 6500.10. Gland Pharma added 0.34 per cent to Rs 1,671.55.
While Mazagon Dock stock has lost 26.30% in six months, Cochin Shipyard shares are down 27.28% during the same period.
Sharma's views came as the year 2025 is ending with nearly 2,600 listed stocks delivering negative returns in excess of 10 per cent.
Shares of Ola Electric Mobility were seen at Rs 34.40 on Friday, rising 10 per cent over its previous close with a total market capitalization hitting Rs 15,000 crore mark.
At the day’s peak, Vodafone Idea shares were trading about 2.5% below their 52-week high of Rs 12.02, while still marking a sharp rebound of nearly 91% from their 52-week low of Rs 6.12.
Shares of ICICI Prudential AMC made a solid stock market debut on Friday, December 19 as the stock was listed at a 20 per cent premium on both BSE and NSE.
Federal Bank shares hit a record high of Rs 267.50 on Friday against the previous close of Rs 265.25.
With Friday's fall, Meesho shares have fallen below UBS' 12-month target price of Rs 220. Another brokerage Choice Broking had suggested a target of Rs 200 on the stock.
JM Financial has identified SRF and Navin Fluorine as top picks. The brokerage expects SRF to be the ‘biggest beneficiary’ of the higher pricing environment.
BEML share price target: Elara trimmed its target price to Rs 2,700, valuing the stock at 37 times September FY27 estimated earnings, citing a slight delay in the execution of the Vande Bharat sleeper train order in FY26.
ICICI Prudential AMC Park sold its shares in the price band of Rs 2,061-2,165 apiece, which could be applied for a minimum of six shares and its multiples between December 12-16.





