Raymond shares: The brokerage stated that Raymond’s shift toward becoming a precision manufacturing-centric firm, particularly through its aerospace and auto components divisions, sets the stage for “strong multi-year growth.”
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen
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