Synopsis: Texmaco Rail & Engineering Limited has secured a Rs. 26.56 crore signalling and telecommunication contract from South Central Railway covering Automatic Block Signalling and Kavach systems. The order strengthens the company’s railway infrastructure...
Synopsis: APL Apollo is navigating short-term challenges while strengthening its long-term growth plans through higher capacity, better product mix, and expansion into new sectors, supported by steady demand expectations. The shares of this mid cap company majorly...
Synopsis: Shares of One 97 Communications Limited remained in focus after its subsidiary, Paytm Europe Payments S.A., secured a payment institution license in Luxembourg, marking Paytm’s strategic entry into the European payments market. As competition intensifies in...
Synopsis: The stock fell 37 percent over one year despite generating Rs 1,118 crore in presales, as negative operating cash flow of and rising debt weighed on sentiment. The article outlines the factors that could weigh down on the share of the company, which is a...
Synopsis: Jefferies has maintained a ‘Buy’ rating on this leading agrochemical and life sciences company, citing multiple new growth platforms across biologicals, pharma CRDMO, and semiconductor chemicals as key long-term earnings drivers. The brokerage...
Synopsis: Nomura has recommended Niva Bupa and Star Health as Buy, with upside potential of up to 23%, while maintaining a Neutral rating on ICICI Lombard. Nomura has initiated coverage on leading insurance companies, sharing its outlook on their future growth,...
Synopsis: Telecom stocks may see positive sentiment after Nomura raised the target price, citing tariff hikes, stronger cash flow, premiumization, and multiple long-term growth drivers. The article outlines the rationale behind the global brokerage’s bullish...
Synopsis: Indus Towers, Jindal Steel, Tata Power, Birlasoft, and Tata Steel Ltd are among Nifty 500 stocks trading below the RSI level of 30, indicating oversold conditions. The Relative Strength Index (RSI) is a popular momentum indicator that traders use to measure...
Synopsis: Maruti Suzuki India Ltdhas formed an ascending triangle on the 1-week chart. A flat resistance line and higher lows characterise an ascending triangle, a bullish continuation pattern. Backed by strong buying momentum and rising volumes, the chart reveals a...
