A leading tyre manufacturing company has announced a major capital expenditure plan of Rs.1,500 crore for FY26, aiming to strengthen its production capacity and market position. The move has sparked investor interest, raising questions about whether the company can outpace its competitors in the coming years. Price Movement During Tuesday’s trading session, shares of Apollo [...]
A leading NBFC is aiming for a 20-25 percent growth in its Assets Under Management (AUM) for FY26. Additionally, the company is venturing into the gold segment, targeting a Gold AUM of Rs.1,000 crore to Rs.1,500 crore. This strategic move signals its intention to diversify and strengthen its portfolio in the evolving financial landscape. Price [...]
A "Death crossover" is a term used in technical analysis of financial markets to describe a bearish signal that occurs when a shorter-term moving average crosses below 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 negative [...]
A micro-cap stock has attracted attention after entering into a Master Service Agreement (MSA) with Lorvenk Technologies. The agreement involves providing technical and support services related to AD/Inventory Analysis, Data Cleanse & Preparation, and Entitlement Analysis for the next three years. This partnership could open up new growth avenues for the company. Price Action During [...]
During Monday’s trading session, the shares of a company engaged in providing information security and cybersecurity services hit a 2 percent upper circuit on BSE, after the company secured an order from SBI Cards and Payment Services Limited. Price Movement With a market capitalisation of Rs. 97.7 crores, the shares of Sattrix Information Security Limited [...]
Today, four stocks hit their 20 percent daily limit, indicating strong investor interest in small, fast-growing companies. This surge suggests that investors are increasingly willing to take risks and see potential in undervalued sectors. However, such rapid gains can be volatile, so investors should proceed with caution and conduct thorough research before making any decisions. [...]
The share of textile stock excelling in dyeing, printing, and processing denim and a variety of fabrics jumped upto 13 percent, followed by the strategic acquisition of Nandan Industries Private Limited. Price Movement With a market capitalization of Rs 529 crores, the shares of Vishal Fabrics Ltd rose by 5.3 percent, reaching a high of [...]
In today’s trading session, three pharmaceutical companies received regulatory approvals from major health authorities, such as the United States Food and Drug Administration (USFDA) and the European Medicines Agency (EMA), leading to a surge in investor interest. These approvals are important because they confirm that the company’s products are safe and effective, allowing them to [...]
During Monday’s trading session, the shares of a global leader in providing technology solutions for the BFSI sector hit a 5 percent upper circuit on BSE, after reporting H2 FY25 financial results with a growth in revenue from operations by around 213 percent HoH and 272 percent YoY. Price Movement With a market cap of [...]
Shares of a leading IT company rallied nearly 5 percent after it reported strong quarterly results, driven by robust revenue growth and healthy margins. The company also announced a dividend payout, boosting investor sentiment. Price Action During Monday's trading session, KPIT Technologies Ltd shares hit an intra-day high of Rs.1,277.00 per share, marking a 4.5 [...]
