Incred provides the following recommendations:
Avalon Tech: We suggest initiating an “Add” with a target price of Rs.750.
Amber Enterprises: Our recommendation is to initiate an “Add” with a target price of Rs.3,760.
PG Electroplast: We advise initiating an “Add” with a target price of Rs.2,200.
Cyient DLM: No specific recommendation available.
Elin Electronics: We recommend initiating an “Add” with a target price of Rs.210.
Kaynes: Our suggestion is to initiate an “Add” with a target price of Rs.3,760.
Dixon: We advise initiating an “Add” with a target price of Rs.6,165.
Syrma: Our recommendation is to initiate an “Add” with a target price of Rs.750.
Ikio Lighting: We suggest initiating an “Add” with a target price of Rs.375.
On Tuesday, the shares of Avalon Tech surged and closed at Rs.595.20, representing an impressive gain of 7.17% on the NSE. However, the NSE IT Index experienced a slight decline of 0.20%, closing at 31,717.25 points, which was 67.15 points lower than the previous Friday’s closing.