Strong growth in renewable power generation lifted Tata Power’s Q2 operating profit, but weakness in solar EPC and rising debt remain concerns. Planned capacity expansion could unlock valuation upside, though execution risks persist.

CESC shares swung sharply during Thursday trading as volume surged, while the stock remained down nearly 28% over six months. ICICI Direct maintained a Buy rating with a ₹176 target, citing growth prospects and renewable-energy expansion, including a 1.5 GWp portfolio acquisition.

Gold could revisit the ₹1.50 lakh per 10 grams level on MCX by December 2026, but the recovery would depend on a meaningful improvement in the global macroeconomic environment, according to market experts.

NSE shares rose more than 2% to a record ₹1,994.50 after Nuvama initiated coverage with a buy rating and a ₹2,220 target. The brokerage cited NSE’s dominant market share, liquidity advantage, technology investments and growth prospects.

Rolex Rings shares hit a 52-week high of ₹216.55 after strong quarterly results, including a 67.5% rise in net profit. InCred Equities initiated coverage with a Buy rating and ₹251 target, citing recovering export demand, European opportunities and stronger domestic sales.