Company updateMint
Stocks to watch tomorrow 11 November Wednesday: Why Data Patterns, MRF, Cochin Shipyard, IRB Infra, others are in focus
Negative-7
GreyOak summary
Data Patterns received a 'Buy' recommendation from Jefferies with a 47% upside target. MRF reported a 22.8% profit decline despite revenue growth. Cochin Shipyard faces profitability pressure. IRB Infra saw a 26% rise in October toll revenue. GPT Infraprojects won a 103.6 crore railway project, and Ashoka Buildcon secured an 865.9 crore NHAI contract.
What it affects
- MRFNegative -7
Q2 profit fell 22.8% despite revenue growth.Rolling sentiment Negative -61
- Data Patterns (India)DATAPATTNSPositive +7
Jefferies maintains Buy rating with 47% upside target.Rolling sentiment Neutral -10
- Cochin ShipyardCOCHINSHIPNegative -5
Profitability came under pressure.Rolling sentiment Negative -58
- IRB Infrastructure DevelopersIRBPositive +5
October toll revenue rose 26% to 836 crore.Rolling sentiment Positive +55
Source
Read the original at MintMore MRF news
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