A newly listed automobile stock gained 2 percent after Plutus Capital Management acquired a stake worth Rs.18 lakhs. The investment has sparked fresh investor interest, indicating growing confidence in the company's prospects soon after its market debut. Price Movement During Wednesday’s trading session the shares of Resourceful Automobile Ltd reached an intra-day high of Rs.64.01 [...]
The shares of this Tata Group company engaged in offering telecommunication services have posted their results for FY 25, with the net profits up by 223 percent and the revenue surging 6 percent. Check it out. Price action With a market capitalization of Rs. 45,538 crores on Wednesday, the shares of Tata Communication Ltd were [...]
The shares of the Micro-cap company is a renowned manufacturer specializing in high-quality steel cord conveyor belts, jumped upto 5 percent upon receiving a work order from NLC India and Maharashtra State Power Generation worth Rs. 48.64 Crores. Price action With a market capitalization of Rs. 231.29 crores on Wednesday, the shares of Somi Conveyor [...]
Shares of this leading defence stock rose 2 percent following the Competition Commission of India's (CCI) approval of its acquisition of AAM India Manufacturing Corporation Pvt Ltd. The approval is contingent upon implementing certain voluntary modifications proposed by the companies involved. Price Movement During Wednesday’s trading session, shares of Bharat Forge Ltd reached an intra-day [...]
Adani Group’s stock surged following Axis Capital’s positive outlook on the recent acquisition of Singapore-based Abbott Point Port. Axis Capital highlighted significant upside potential for the company post-acquisition, boosting investor confidence. The deal is seen as a strategic move that could unlock further growth opportunities for Adani, driving up its stock price in the process. [...]
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 [...]
The MACD (Moving Average Convergence Divergence) is a technical analysis tool that shows the relationship between two moving averages of a stock’s price, typically the 12-day and 26-day EMAs. It consists of the MACD line, Signal line, and a histogram, helping identify trends and momentum. This part of the indicator shows how strong the price [...]
Shares of a micro-cap chemical company surged 5 percent after it announced the launch of a new product under its Aliphatic Amines category. The company also revealed plans to supply the product to both domestic and key international markets, including Asia-Pacific, North America, and Europe, boosting investor sentiment. Price Movement During Tuesday's trading session, share [...]
On April 22, 2025, 15 stocks jumped by their daily limit of 20 percent, showing that investors are excited about smaller companies with growth potential. This suggests people are willing to take more risks, looking for cheaper opportunities. But these big price jumps can be risky, so it's important to research before investing. Here is [...]
The shares of India’s leading two-wheeler manufacturing companies were in focus in the day’s trade after Jeffries downgraded its shares and cut the target price by upto 37%, check it out. Price Movement With the market capitalization of Rs 2.26 lakh crore, the share of Bajaj Auto Ltd is trading at Rs 8110, down by [...]
