A golden crossover is used in the technical analysis of financial markets to describe a bullish move that occurs when a shorter-term moving average crosses above a longer-term moving average. The most common moving averages used are the 50-day moving average (short-term) and the 200-day moving average (long-term). This crossover is considered a positive signal, [...]
A micro-cap company saw its stock rise by 5 percent after announcing that it has secured a significant order worth approximately Rs.5 crores for the supply of moulded parts used in childcare products. The deal, awarded by Master Nidavellir Aeromed Private Limited, marks a notable win and adds momentum to the company’s growth in the [...]
Shares of a solar energy company gained 2 percent in Thursday’s trade after it secured a significant order worth Rs.10.77 crore from the Tripura Renewable Energy Development Agency (TREDA). The contract involves the supply of 633 off-grid solar water pumping systems under the PM-KUSUM Scheme, reinforcing the company’s presence in India’s renewable energy and rural [...]
The shares of Contracting and Project Management engineering stock hit a 5 percent upper circuit in the day’s trade after receiving an order worth Rs 16.52 Cr for civil construction contracts. Price movement With the market capitalization of Rs 61.76, the shares of Conart Engineers Ltd hit a 5 percent upper circuit in the day’s [...]
Block and bulk deals involve large transactions executed on stock exchanges. A block deal is defined as a single trade involving at least 5 lakh shares, or a total transaction value of Rs. 10 crore or more. In contrast, a bulk deal is characterised by transactions involving more than 0.5 percent of a company's total [...]
A leading IT company saw its shares climb nearly 4 percent after reporting a strong 26 percent year-on-year surge in net profit for the March quarter. The rally was further supported by the company’s optimistic guidance for FY26, signaling continued growth momentum in the coming financial year. Price Movement During Thursday’s trading session, Persistent Systems [...]
The shares of the Micro-Cap stock specializing in the manufacturing and trading of innovative LED lights and fixtures, hit a 5 percent upper circuit upon receiving a work order for Rs. 2.1 crore (AED 918,000) from Centrepoint (Landmark Retail Investment Co. L.L.C). Price action With a market capitalization of Rs. 750.41 crores on Thursday, the [...]
During Thursday’s trading session, the shares of a company engaged in the manufacturing of secondary steel products are in focus on the stock exchanges, after a prominent investor Ashok Kumar Damani bought stake in the company via a bulk deal on the NSE. Price Movements With a market cap of Rs. 420 crores, the shares [...]
The price of an indian penny stock has surged more than 9 percent intraday from the previous closing price as the company's financial results show it turned profitable this quarter, check it out. Price Action With a market capitalization of Rs 549.54 crores on Thursday, the shares of Khaitan Chemicals & Fertilizers Ltd. were trading [...]
During Thursday’s trading session, the shares of India’s leading Plastics product manufacturing company are in focus on the stock exchanges, after the company reported Q4 FY25 financial results with a net profit increase of 57 percent QoQ, with capex plans of Rs. 1,100 crores. Price Movement With a market cap of Rs. 44,589.6 crores, the [...]
