Adani Enterprises recently announced its entry into the cables and wires industry through a joint venture with Praneetha Ventures. The new company, Praneetha Ecocables Limited (PEL), was formed with Adani’s wholly owned subsidiary, Kutch Copper Limited (KCL), holding 50 percent of the equity in the venture. The company will focus on manufacturing, marketing, and distributing [...]
Stock recommendations are expert opinions that advise investors on whether to buy, sell, or hold particular stocks, based on market analysis. A buy recommendation indicates that a stock is expected to appreciate in value due to favorable market conditions. Here are a few fundamentally strong stocks recommended by famous analysts with high-growth potential of up [...]
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 [...]
Midcap stocks trading below industry P/E averages present compelling opportunities for value-conscious investors seeking growth potential. These companies often fly under the radar despite solid fundamentals, offering an attractive entry point before institutional recognition drives valuations higher. This market inefficiency creates a sweet spot for informed investors looking to capitalise on the midcap growth story. [...]
The electrical wire business in India is witnessing significant growth, driven by the booming real estate sector, increasing power consumption, and enhanced access to electricity in remote villages. As urbanization accelerates, demand for residential, commercial, and industrial electrical wiring is rising. Additionally, government initiatives like the Pradhan Mantri Sahaj Bijli Har Ghar Yojana are improving [...]
Circuit limits, or price bands, are mechanisms implemented by stock exchanges to control extreme price movements of stocks within a trading session. These limits are designed to protect investors from excessive volatility and to maintain orderly market conditions. These limits are typically set as percentages of the stock's previous closing price, with common thresholds being [...]