India’s largest cement company with a market capitalization of 326,000 Crores is up 7% after announcing its Q3FY25 Results. The stock rallied as it beat street estimates, despite reporting a 14% decline in net profits YoY. Q3FY25 Results Ultratech Cement reported a 3% year-on-year increase in total revenue from 16,880.45 Cr in Q3FY24 to 17,437.62 [...]
The shares of one of the leading PSU stocks specializing in the refining, marketing, and distribution of petroleum products fell by 4 percent following the Q3 Results with 1.91 percent decline in Income YoY. Price action With a market capitalization of 1,20,480 Crores on Thursday, the shares of Bharat Petroleum Corporation Limited is down by [...]
The shares of one of the Waste Management stocks specializing in infrastructure projects jumped 3 percent, upon receiving a contract of Rs. 513.99 million from Jaipur Development Authority. Price action With a market capitalization of Rs. 3,117.97 crores on Thursday, the shares of Vishnu Prakash R Punglia Limited is up by 2.86 percent making a [...]
The commercial vehicle (CV) segment of India’s auto sector plays a crucial role in the country's logistics, infrastructure, and industrial development. With the growing demand for freight transportation, e-commerce, and infrastructure projects, the sector is expected to witness substantial growth. Major companies operating in this space include Tata Motors, Ashok Leyland, Eicher Motors, and Mahindra [...]
In Thursday’s trading session, the shares of one of the leading real estate development companies in the country, jumped nearly 5 percent after Axis Direct initiated a Buy target with a 45 percent upside potential. Price action With a market capitalization of Rs 66,208.33 crores, the shares of Oberoi Realty Limited jumped 4.9 percent to [...]
Beta is a financial metric that measures the volatility or risk of an individual stock or asset in relation to the overall market. It indicates how much a stock’s price is expected to change in response to market movements. A beta of 1 means the stock moves in line with the market, while a beta [...]
To trade using Fibonacci retracement, identify a strong price movement (uptrend or downtrend) on the chart. Draw the Fibonacci retracement levels between the swing high and the swing low. Common levels to watch are 38.2%, 50%, 61.8%, and 78.6% as these often act as support or resistance. When the price approaches these levels, look for [...]
This Adani Group stock which deals in the business of various energy domains such as power transmission, distribution, cooling solutions, and smart metering was up by 2 percent after announcing a net profit jump of 79 percent year on year. Price Movement In Thursday’s trading session, Adani Energy Solutions Ltd's share price touched a day’s [...]
The shares of one of the Pharma stock specializes in the manufacturing and marketing of a wide range of pharmaceutical products jumps 10 percent, upon following their Q3 Results with 707 percent rise in profit YoY Price action With a market capitalization of Rs. 1,515.44 crores on Thursday, the shares of Jagsonpal Pharmaceuticals Limited is [...]
Banks play a pivotal role in the economic development of a country, acting as intermediaries between savers and borrowers. They facilitate capital flow, promote savings, and provide loans, thereby stimulating business activities, consumption, and investment. With the rise of digital banking, banks have evolved to offer a range of services, including payments, wealth management, and [...]
