2 Tata stocks among Motilal Oswal’s top 4 weekly picks for up to 27% upside
Just when the stock market bulls found their mojo back, Infosys earnings shocker played spoilsport.
Deal activity declines 35 per cent to USD 9.7 billion in March 2023 quarter: Report
Of the total deals, M&As constituted more than half, still lower by 21 per cent at USD 4.4 billion involving 76 deals, down 56 per cent during the March quarter, according to the data collated by Grant Thornton. In volume terms, overall deals fell by 46 per cent to 332 transactions. The main reason for […]
Tech View: 17,600 strong support zone for Nifty. What traders should do on Wednesday
India VIX was down by 1.51% from 12.26 to 12.07 levels. Volatility spiked towards 13 mark on Monday but later cooled off from its highs. Option data suggests a shift in trading range between 17,400 and 18,000 zones while a shift in immediate trading range between 17,500 and 17,850 zones
Nifty bulls may raise a toast in June quarter, 10-year performance history suggests
Historical data shows that the first quarter of the financial year has by and large been positive for Dalal Street. The positive start to the quarter this time has, therefore, brightened prospects for the history to repeat itself.
Value investor Porinju Veliyath hikes stake in this underperforming stock
For the quarter that ended December 31, the company reported consolidated net sales of Rs 100 crore, up 9.52% from last quarter’s total income of Rs 91.3 crore and up 10.25% from year-ago quarters’ total income of Rs 90.7 crore. The company reported a net loss of Rs 17.7 crore in the December quarter
We look forward to maintain 1:1 debt equity ratio: RM Subramanian, Avalon Technologies
We are raising about Rs 320 crores as primary capital through this IPO and as said in the RHP about Rs 145 crores of that will be used for debt reduction.
Chart Check: DLF hits fresh 52-week high post breakout from rectangle pattern; time to buy?
Most technical indicators suggest that the upside is likely to remain intact; however, the stock is trading near an overbought zone, hence, mild profit booking could be on the cards.
Smallcap auto components stock skyrockets 40% in 2 days after Vijay Kedia picks stake
Part of the Precision Group, Precision Camshaft is in the automotive components business. The company claims to be one of the largest camshaft manufacturers in the world — manufacturing all types of camshafts under one roof. The Pune-based company was incorporated in 1992.
Camlin Fine Sciences shares jump over 6% on open offer news
The open offer to acquire over 44,560,177 (4.45 crore) equity shares constituting 26% stake of Camlin Fine Sciences augurs well for the company, brokerage firm Axis Securities said, recommending a ‘buy’ on the stock.
Smoky bet! Adani’s new investor added 19 lakh shares in ITC during Q4
The stock has moved in the range of Rs 318 to Rs 356 levels from September 2022 to January with volumes being quite low during this period. The price breached the consolidation phase at 356 and moved upwards with high volumes to make an all-time high of 394 odd levels.