Tag: Demerger
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Vedanta Shares Jump to Record High as Nuvama Upgrades Target
Vedanta shares hit a record high after broker upgrade Vedanta Limited rose to a fresh peak, gaining about 6% and pushing its stock to a record intraday level as market optimism grew on an upbeat broker note. Nuvama Institutional Equities lifted its target price to Rs 806 per share, arguing that the company’s demerger will…
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Vedanta stock jumps to record high as Nuvama raises price target to Rs 806
Vedanta shares hit a new peak after target upgrade Vedanta Ltd. jumped to a fresh record high, touching Rs 678.50 per share, after Nuvama Institutional Equities raised its target price to Rs 806. The upgrade follows the broker’s assessment that the ongoing demerger could unlock significant value for investors, supported by a robust outlook for…
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Vedanta Shares Jump 6% to Record High as Nuvama Lifts Target to Rs 806
Vedanta Surges on Upgraded Target as Value Unlock Comes Into Focus Vedanta Limited, a leading commodities and metals conglomerate, surged about 6% to a fresh intraday high of Rs 678.50 after Nuvama Institutional Equities raised its target price to Rs 806. The brokerage attributed the stock’s rally to the anticipated value unlock from Vedanta’s demerger…
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What Investors Should Expect From Tata Motors Commercial Vehicles’ Debut Listing
Introduction: A High-Stakes Listing The impending listing of Tata Motors Commercial Vehicles (TMLCV), the demerged commercial vehicle arm of Tata Motors, on the NSE and BSE is one of the most anticipated market events of the season. Scheduled for November 12, the listing has drawn attention from long-term value hunters and traders alike. While the…
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What investors should expect from Tata Motors Commercial Vehicles listing
Introduction: A high‑stakes listing for a storied conglomerate The approved demerger of Tata Motors’ commercial vehicle arm, Tata Motors Commercial Vehicles (TMLCV), marks a notable milestone for investors. Debuting on the NSE and BSE on November 12, TMLCV is expected to attract significant attention from long‑term value seekers and traders alike, as market participants weigh…