Market in turmoil, yet 4 smallcap stocks hit 52-week highs
The 52-week high holds particular significance for traders and investors, serving as a vital technical indicator to evaluate a stock’s current value and anticipate potential price fluctuations
Breakout Stocks: How investors should trade Prism Johnson, Adani Wilmar and V-Mart on Friday
Sectorally, selling was seen in auto, metals, oil & gas, and consumer durable stocks while buying was seen in utilities and power stocks
Pharma Q2 Preview: Cipla to see steady qtr; higher profit growth for DRL
Cipla could deliver healthy growth of 5% in the Indian business in the second quarter, but the US business is likely to witness pressure on account of lower Albuterol Sulphate sales. Revenue for the quarter is likely to grow at 13% year-on-year (YoY), according to an average estimate of three brokerages, and net profit for […]
Tech View: Nifty poised to break below 200-DMA. What traders should do on Friday
Open Interest (OI) data showed that on the Call side, the highest OI was at 19,000 followed by 19,100 strike prices, while on the Put side, the highest OI was at the 18,500 strike price.
P-notes investment continues to swell for seventh month on robust macros
The latest data includes the value of p-note investments in Indian equity, debt, and hybrid securities. Participatory notes (P-notes) are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly.
Rekha Jhunjhunwala raises stake in multibagger smallcap, exits these 2 stocks
As per the shareholding data available on the BSE, Rekha Jhunjhunwala has reduced the stake in D B Realty to 1.21% in July in multiple tranches but took it to 3.37% on September 13, and finally reduced it to 1.99% at the end of the month
ACC Q2 Results: Cement maker reports Rs 384 crore standalone profit vs loss a year ago
However, on a quarter-on-quarter basis, the Adani Group company reported a 17% decline in profit. The company had reported a net profit of Rs 463.93 crore in the June ended quarter.
Axis Bank Q2 earnings stable but headwinds to deposit growth remain. Should you buy?
Private lender Axis Bank posted 10% year-on-year (YoY) growth in its standalone net profit at Rs 5,863 crore in the July-September period, which is also higher than the ET NOW poll estimate of Rs 5,800 crore. Net interest income (NII) during the reporting quarter rose 19% YoY to Rs 12,314 crore, compared with Rs 10,360 […]
Positive Breakout: Bata India and 3 other stocks cross above their 200 DMA
Hot Stocks: Brokerages view on Jubilant FoodWorks, Axis Bank, Tech Mahindra and Sona BLW
Jefferies recommended an underperform rating on Tech Mahindra and Motilal Oswal recommended a neutral rating on Sona BLW Precision Forging.