The 200-day moving average (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days. One of the primary reasons the 200-day moving average is popular is its ability to act as a support or resistance level. When [...]
India's electric vehicle (EV) market is growing rapidly, driven by government incentives, environmental concerns, and new technology. In FY24, passenger vehicles led the way, making up 57 percent of total EV sales. Electric two-wheelers (E2W) followed with 38 percent, while three-wheelers (E3W) accounted for 5 percent. This shows that EV adoption varies across different vehicle [...]
This micro-cap solar stock engaged in providing solar panel installations, turnkey solar projects, and government projects, contributing to renewable energy solutions across India, jumped 2 percent, receiving an order worth Rs. 3.06 crore from BSF Jammu for a solar power plant Project. Stock Price Movement With a market capitalization of Rs. 494.14 crores, the share [...]
The shares of a telecommunications services company specializing in providing passive infrastructure services to telecom operators are in focus following the government support on Vodafone Idea as it converted part of Vi’s Rs. 37,000 crore spectrum dues into equity by increasing its stake in the company from 22.6 percent to 48.99 percent. Price Action With [...]
The shares of one of the leading independent Liquid Storage Tank providers, skyrocketed over 12 percent in Tuesday’s trading session after the company bagged an order of Rs 169.24 crore from JSW Group. Stock Performance With a market capitalization of Rs 849.48 crore, Ganesh Benzoplast Ltd surged over 12 percent to an intraday high of [...]
This micro-cap stock engaged in providing engineering, architectural, project management, and consultancy services, specializing in infrastructure projects like highways, urban development, and road construction, is in focus after receiving an order worth Rs. 24.16 crore from the National Highway Authority of India (NHAI). Stock Price Movement With a market capitalization of Rs. 41.54 crore, the [...]
The shares of the semiconductor company, specializing in integrated electronics manufacturing, IoT solutions, product design, engineering, and OEM/ODM services, jumped upto 2 percent after it announced plans to deliver India’s first packaged chip by July. Additionally, the Board also approved the incorporation of "Kaynes Space Technology Private Limited" with an initial investment of up to [...]
The stock price of the auto company in which 18 percent stake is held by Vijay Kedia is up by 14 percent on Tuesday trading as the company sales surged by 30 percent in both domestic and export sales. Price moment: Atul Auto Ltd with a market capital of Rs. ₹ 1,224.94 crores on 1.30 [...]
The shares of the IT-enabled service provider gained over 5 percent in Tuesday’s trading session after the company announced that its associate company has filed for an IPO. Stock Performance With a market capitalization of Rs 257.79 crore, Dev Information Technology Ltd surged over 5 percent to an intraday high of Rs 116.80 per share [...]
The shares of a small-cap integrated transmission and distribution as well as pole manufacturing company, which operates in over 58 countries and provides comprehensive turnkey solutions, surged over 6 percent in today’s trade after securing a new order worth Rs 240 crore. Price Action The shares of Transrail Lighting Ltd, with a total market capitalization [...]
