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Top PSU stock to buy: Brokerage sees 50% upside! Gujarat Energy shares gain 2% as profit surges 26% - Check target price

Reported by: Livemint, Moneycontrol ·

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GUJARAT ENERGYMotilal Oswal Financial Services

Summary

Livemint reported that Gujarat Energy's net profit for the second quarter rose 21.9% year-on-year to ₹639.27 crore, and its shares gained nearly 2%. Second quarter, or Q2, means the July to September quarter of India's financial year; year-on-year means compared with the same quarter a year earlier, and net profit is what is left after all costs and tax. Livemint also carried a brokerage view on the stock, and Moneycontrol published a separate brokerage view with a target for the shares. Both are the analysts' views, not Hypeless's. The reports do not give the company's revenue or the reasons behind the profit rise beyond the brokerage comments.

AI summary of what Livemint and Moneycontrol reported. AI can make mistakes. Read the full story on Livemint

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What each outlet wrote

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Average tone +1.5 across 2 outlets. Their headlines lean positive.

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Livemint  · · Tone +3

Top PSU stock to buy: Brokerage sees 50% upside! Gujarat Energy shares gain 2% as profit surges 26% - Check target price

Gujarat Energy shares rose nearly 2% after the company reported a 21.9% year-on-year increase in second-quarter net profit to ₹639.27 crore. Motilal Oswal maintained its Buy rating and ₹325 target price, citing strong…

Moneycontrol  · via Google News · · Tone 0

Buy Gujarat Energy: target of Rs 345: ICICI Securities

Some headlines quote an analyst. Those views are theirs, not ours.

When each outlet reported it

The first outlet to publish, then the others, with the gap after the first report.

  1. Moneycontrol ·

    First report

  2. Livemint ·

    2 h 16 min after the first report

Key terms

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  • net profit

    Revenue, profit, margins and EPS: what the numbers in a quarterly result mean, why year-on-year and quarter-on-quarter differ, and what a headline can leave out.

    Learn: How to read a company's results

Earlier coverage

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