Prabhudas Lilladher recommended hold rating on Indian Railway Catering and Tourism Corporation with a target price of Rs 679 in its research report dated November 15, 2022.

An upmove in these stocks is largely due to tactical buying ahead of the upcoming Union Budget. Additionally, decent growth visibility because of a likely increase in railway capital expenditure has also propped up sentiment for the sector.

Revenue from operations surged 99 percent to Rs 806 crore in the quarter under review from Rs 405 crore in the same quarter last fiscal.

MCX India has witnessed a breakout of a bullish double bottom pattern formation on the longer time frame while on the daily chart; it has given a breakout of a bullish Inverse Head & Shoulder pattern with huge volume.

With Friday's strong move, SBI Life stock prices managed to traverse the '20-day EMA' (exponential moving average), which is an indication of further strength in current week.

Net Sales are expected to increase by 111.6 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 856.9 crore, according to Prabhudas Lilladher.

The Indian Railway Catering and Tourism Corporation has won the bid for the sale of a commercial built-up space in WTC Nauroji Nagar in New Delhi