Shares of TCI Express Ltd. rose over 15% in intraday trade to a record Rs 1,895 apiece after the company reported strong growth in second quarter revenue and net income, on Friday.
- Gold Price Outlook: Gold Must Break $5,100 Resistance for Fresh Rally
- ECB Warns Inflation Risks May Rise Again by 2028 – What It Means for Europe
- Samvardhana Motherson Q3 Results: Profit Rises 9% YoY to ₹1,072 Cr
- MCX Gold Weekly Outlook: Price Recovers 5%, Key Levels to Watch This Monthv
- Best Crypto Exchanges in India in February 2026: Market Overview & Top Platforms
ICICI Direct Research expected newer services like rail express and pharma cold chain to contribute 25% of revenue from the current 15%.
The brokerage said that automation of sorting centers would halve the laden time in moving the goods in and out as it bestowed TCI Express a ‘buy’ recommendation with a target price of Rs 1,950.
Of the 15 analysts tracking the company, 11 maintained ‘buy’, three maintained ‘hold’ and one maintained ‘sell’ recommendation. The overall consensus price of analysts tracked by Bloomberg implied a downside of 8%.
Trading volume on the stock was 21.3 times the 30-day average volume for this time of the day. The relative strength index on the stock was at 78, suggesting it may be overbought.
- Trump, Kim Express Optimism on Path to Peace as Summit Kicks Off – Donald Trump-Kim Jong Un Summit In Singapore
- Gold Price Outlook: Gold Downward Target at $1722—1669— Target Open
- Wipro Hits Record As Brokerages Raise Target Prices After Q2 Beat
- Analysts Stay Bullish On Titan But Caution On Covid-19 Impact On Near-Term Sales
- Bharti Airtel Ltd Slips As Board Mulls Capital Raising Options
Disclaimer
This article is intended for educational purposes only. The views and opinions expressed are those of individual analysts or brokerage firms and do not represent the views of GoldSilverReports.com. Investors are strongly advised to consult certified financial experts before making any investment or trading decisions.
| Follow us on |
| Telegram, Whatsapp , Facebook, Twitter, Instagram, YouTube, Google Business Profile and Truth Social. |