Stories
Emmvee, Carborundum Surge; Oracle Financial, Adani Gas Slip at Market Open
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CNBC TV18•21-09-2026, 10:26
Emmvee, Carborundum Surge; Oracle Financial, Adani Gas Slip at Market Open
- •Emmvee Photovoltaic Power Ltd shares surged over 7% after Jefferies raised its target price to ₹440, citing strong solar demand and capacity expansion.
- •Carborundum Universal shares climbed up to 8% at market open, continuing a strong year-to-date performance.
- •Fertilisers And Chemicals Travancore shares saw a surge of over 6% at market open.
- •Adani Total Gas shares fell over 4% as oil prices continued their decline, with Brent easing to around $101 a barrel.
- •Oracle Financial Services and Uno Minda shares also experienced declines of over 6% and 4% respectively at market open.
Key Questions Answered
Brokerage firm Jefferies raised its target price to ₹440 for Emmvee Photovoltaic Power Ltd, citing strong FY27 solar demand, attractive DCR economics, capacity expansion, and an expected 33% EBITDA CAGR through FY29.
Adani Total Gas shares declined as oil prices extended their fourth consecutive day of losses, with Brent easing to approximately the $101-a-barrel mark.
A large trade involving 15.44 lakh shares, which accounts for 1.41% of the equity worth ₹180 crore, changed hands at ₹1,170 a share via block deals.
