
Market Comm
June 10, 2025 at 03:30 AM
STOCKS IN FOCUS TODAY
🟩 Positive (Likely Bullish Impact):
1. BRITANNIA INDIA – Citi hikes price target: Analyst upgrade likely signals confidence in the stock’s performance.
2. CAPRI GLOBAL – Opens QIP to raise ₹2,000 crore: Indicates expansion plans; positive for long-term outlook.
3. ITD CEMENTATION – Gets ₹893 crore order: Big order inflow, boosts revenue visibility.
4. JINDAL SAW – Announces ₹850 crore capex: Investment in growth and capacity – long-term positive.
5. JANA SFB – Applies to become universal bank: Regulatory shift could enhance scale and profitability.
6. PROTEAN EGOV TECH – Gets ₹100 crore order: Revenue boost from significant deal.
7. MGL (Mahanagar Gas Ltd) – Morgan Stanley sees 35% upside: Bullish analyst call suggests room for stock appreciation.
8. DEFENCE COS – Indian Army to get ₹30,000 crore QR-SAM: Likely benefits Indian defence contractors.
9. TATA MOTORS – Citi sees over 20% upside in 90 days: Strong momentum and earnings outlook.
🟥 Negative (Likely Bearish Impact):
1. AJAX ENGINEERING – Citi cuts price target: Negative sentiment from a major analyst.
2. SHANKARA BUILDING – Promoter sells 7.8% equity: Promoter stake reduction often raises concern among investors.