These 5 midcap stocks touch their new 52-week highs, gaining up to 25% in a month
Nifty charts lack strength to sustain the highs. What should traders do on Friday
Nifty on Thursday formed a lower top formation on intraday charts and also formed a bearish candle on daily charts. This indicates that the market is weak and may not be able to sustain the highs. Chartists said confirmation of strength could be seen only above the key hurdle at the 18473 mark.
Kotak Equities initiates coverage on KFin Technologies, sees 18% upside. Here’s why
Kotak Institutional Equities has initiated coverage on Kfin Technologies with a Buy rating and target price of Rs 400. The brokerage firm believes that KFin Technologies has multiple growth levers beyond the duopolistic MF registry market and that its strategy to accelerate growth (organic + M&As) will augur well in building scale across diversified offerings. […]
Momentum Pick: Pidilite recaptures major moving averages. Will the Fevicol bond last?
Pidilite Industries is a leading manufacturer of adhesives and sealants, construction chemicals, crafts products, DIY products, and polymer emulsions in India. The maker of Fevicol also boasts of popular products like M-Seal, Fevikwik, Fevistik, Roff and Dr. Fixit Fevicryl. The stock has been strong and has given returns of more than 20% over a 12-month […]
Dwarka Expressway will be completed in next 3-4 months: Nitin Gadkari
The total length of Dwarka Expressway is 29 km, out of which 18.9 km length falls in Haryana, while the remaining 10.1 km is in Delhi.It will provide connectivity to Indira Gandhi International Airport from Dwarka side through Dwarka Expressway.
India’s top 5 IT companies in profit terms. Do you own any?
Based on the March quarter performance, here are India’s top five IT firms in terms of profitability.
Chart Check: IndusInd Bank may hit new 52-week high, factors that make an attractive buy
IndusInd Bank rose more than 7% in a week, which helped the stock to break out from an inverse head and shoulder pattern on the daily charts and that has opened room for the stock to head towards Rs 1,300-1,600 levels in the short-medium term.
Jubilant Foodworks shares plunge 5% after Q4 results. Should you buy, sell or hold?
Jubilant Foodworks shares recovered after plunging over 5% in Thursday’s opening trade. The company reported a lackluster Q4FY23 earnings on Wednesday. The quick service restaurant chain operator reported a 59% year-on-year decline in its standalone net profit at Rs 47.5 crore for the quarter ended March. It was Rs 116 crore in the same quarter […]
ITC Q4 results today: What to expect & how the Nifty topper stock may react
The ITC stock is expected to report strong growth in net profit and 13% YoY volume growth in cigarettes, but investors are cautious over the company’s weaker performing agri business due to the export ban.
Our revenues are turning around exceptionally well in product-led business: Guruprasad Srinivasan, Quess Corp
IT staffing in India contributes 7% of our overall workforce management revenue. So that way, we are, to that extent, rightly de-leveraged because we have huge exposures to BFSI, which contributes such a 31% to the general staffing revenue, retail, which does 22%, telecom, and industrial sector. So while there is, like Guru said, a […]