Overview
- Paytm shares rose to ₹950.75 after its cloud-technology unit incorporated a wholly owned subsidiary in Singapore to drive international expansion.
- Zen Technologies stock has jumped 61% in the past month on growing demand for its anti-drone systems and simulator-based defence training solutions.
- RITES Ltd shares advanced over 3% to around ₹316 after winning a ₹28.5 crore order for urban water and sanitation projects in Gujarat and signing an MoU with Shree Cement.
- Axis Securities forecasts an 18% upside for KEC International, raising its target to ₹1,030 based on a ₹40,000 crore order book and a robust bid pipeline.
- Major brokerages updated blue-chip targets with JP Morgan lifting Reliance Industries to ₹1,568, HSBC setting Mahindra & Mahindra at ₹3,470 and Kotak raising Adani Ports to ₹1,750.