Gensol Engineering stock rallies over 7% as promoter buys 12,000 shares from open market; now holds a 21.17% stake | Stock Market News

Gensol Engineering stock rallies over 7% as promoter buys 12,000 shares from open market; now holds a 21.17% stake | Stock Market News

Source: Live Mint Shares of Gensol Engineering surged over 7 percent in intra-day trading on Thursday, September 26, following the announcement that the company’s promoter and managing director, Anmol Singh Jaggi, purchased 12,000 shares from the open market. This acquisition increased his stake in the company to 21.17 percent. “This is for the information of…

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HSBC upgrades IIFL Finance to ‘hold’ from ‘reduce’ post-RBI move, raises target price to  ₹540, sees 8% upside | Stock Market News

HSBC upgrades IIFL Finance to ‘hold’ from ‘reduce’ post-RBI move, raises target price to ₹540, sees 8% upside | Stock Market News

Source: Live Mint Following the recent lifting of RBI restrictions on its gold loan business, global brokerage house HSBC upgraded IIFL Finance stock to ‘hold’ from ‘reduce.’ HSBC also raised the stock’s target price to ₹540 from ₹350 earlier, implying an 8 percent upside potential. HSBC also upgraded its FY25-27 EPS estimates by 6 percent…

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