Premier Energies share price may rally 28%, says Motilal Oswal as it initiates coverage with ‘Buy’

Stocks to buy: Domestic brokerage firm Motilal Oswal, in its latest note, has initiated coverage on Premier Energies, the country’s second-largest integrated manufacturer of solar cells and modules, with a ‘buy’ rating and has set a target price of ₹1,000 apiece, which indicates an upside potential of 28.2% from the stock’s latest closing price. While…

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Over 15 Nifty 500 stocks tumble 10–18% last week; Transformers & Rectifiers hit hard

Transformers & Rectifiers, Elecon Engineering, Premier Energies, and Ather Energy were among 17 Nifty 500 stocks that ended last week with double-digit losses, as heightened geopolitical tensions and warnings of higher tariffs by US President Donald Trump weighed on investor sentiment. The Nifty 50 ended lower over the past five trading sessions, shedding a cumulative…

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