The stock price started its fall from Rs 404 (August 2018). The stock breached Keltner channels on downside and made a low of Rs 5.55 in March 2020. The stock recovered and made a high of Rs 20.83 (December 2020). Thereafter, the stock traded in the range of (Rs 10-18) Continue Reading
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Stock market in 2022: The good, bad & ugly explained in 5 charts
FOMO (fear of missing out) was common among many new investors as they lost track of winners while trying to time the market amid the ups and downs led by fears related to Fed rate hikes, Russia-Ukraine war, inflation and recessionary projections.
We are still underweight on IT, pharma sector: Mahesh Nandurkar
From here on we do not expect very very strong market because the valuations are still on the higher side and there are still some small global headwinds around but I think the downside appears to be limited for sure and I think probably it is going to be a Continue Reading
Fundamental Radar: This multibagger stock looks set to hit fresh 52-week highs in 2023; here’s why
Kaustubh Pawaskar, DVP Fundamental Research at Sharekhan by BNP Paribas highlights 5 factors why Healthcare Global Enterprises is a top buy in hospital space for 2023:
Abans Holdings disappoints on debut, lists at 1% premium
Incorporated in 2009, Abans Holdings, the financial services arm of Abans Group, is engaged in financial services, gold refining, jewellery, commodities trading, agricultural trading and warehousing, software development and real estate.
Landmark Cars off to slow start, lists at 7% discount to IPO price
Ahead of listing, shares of Landmark Cars were exchanging hands at a discount of 15-20 in the grey market against the issue price.
Big Movers on D-St: What should investors do with ICICI Lombard, Jindal Stainless and PNC Infratech?
Stocks that were in focus include names like ICICI Lombard which rose more than 1%, Jindal Stainless which closed with gains of nearly a per cent, and PNC Infratech also closed with gains of nearly 2% in a muted market with strong volumes.
Govt’s focus on making India a manufacturing destination will pay dividends: Subhrakant Panda
Well, it is indeed an interesting time to be at the helm of FICCI but I think at some level it is a good time because India is in a breakout mode in terms of regaining its position and a lot of that has to do with how we handled Continue Reading
Death Crossovers: 5 stocks signal further bearishness on Dec 21
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ICICI Direct analysts handpick 9 techno-funda stocks that can rally up to 29%
ICICI Direct has picked 9 techno funda stocks such as L&T, Federal Bank, Ambuja Cement and Bajaj Electricals that can rally up to 29% in the calendar year 2023.