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Tata Steel shares surged to their 52-week high on Monday, banking on strong sector tailwinds, including Indias extended safeguard duty, Chinas production curbs, and positive brokerage views. Morgan Stanley upgraded the stock to Overweight with a Rs 200 target, citing favourable demand and pricing trends.
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Netweb Technologies shares surged 50% in six sessions to hit a record high, driven by a Rs 1,734 crore sovereign AI order, upbeat AGM outlook, robust Q1 earnings, and bullish technical signals. The stock has nearly doubled in the past six months.
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Swiggy's stock receives a 'buy' rating from Nomura, setting a target price of Rs 550, citing disciplined execution and improved breakeven visibility. Ongoing product innovations like Bolt are helping Swiggy gain market share against Zomato. Motilal Oswal also upgraded Swiggy to 'BUY', anticipating multiple tailwinds and raising food delivery growth estimates for FY26-27.
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