The company has decided to cancel its DVR shares meant for simplification of capital structure, potentially narrowing the discount between two securities. Interestingly, ordinary shares are also likely to see an earnings upgrade from improving margins at its UK subsidiary Jaguar Land Rover and the domestic business.
Death Crossovers: These 5 stocks signal bearishness on March 17
In the Nifty500 pack, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness.