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 [...]
This Ace Investor Ashish Kacholia’s stock which is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields in focus after the company signed an MoU with Haryana City Gas for a 200MTPA Gree023.n Hydrogen Plant. Price Action With a market capitalization of Rs. 1,716.32 Crores, the [...]
The HVAC (Heating, Ventilation, and Air Conditioning) and RAC (Room Air Conditioning) sectors in India are experiencing robust growth, driven by rising temperatures, urbanization, and the increasing demand for comfortable living and working conditions. Key in these sectors include Voltas, Blue Star, Godrej Appliances, LG Electronics, and Daikin, all of which are leaders in providing [...]
The shares of one of the Defence companies specializes in providing advanced defense and space technology solutions jumps 9 percent, upon signing MoU with the Government of Maharashtra for the development of an Optics Park in Navi Mumbai Price action With a market capitalization of 4,145.01 Crores on Thursday, the shares of Paras Defence and [...]
