Synopsis: PSU stock is in focus after receiving an LOA from National Mineral Development Corporation (NMDC) for the development of a township in Kirandul, Chhattisgarh, valued at ₹371.69 crore. The project is to be completed within 21 months. The shares of a Mid-Cap...
Synopsis: RVNL jumped after the company secured the lowest bidder status (L1) for a Rs 242 crore project from South Central Railway for designing, supplying, installing, testing, and making the system operational. This Navratna Railway Stock, engaged in implementing...
Synopsis: Rail Vikas Nigam announced that it secured the lowest bidder (L1) status for a project involving the establishment of a wagon Periodic Overhaul (POH) workshop with a capacity of 200 wagons at Kantabanji worth Rs 201 crore. This Navratna Railway Stock,...
Double bottom is a Bullish Reversal Pattern that is used in Technical analysis to look for signals of a trend shift, from a downtrend to an Uptrend or from a bearish trend to a bullish trend. This pattern is the Opposite of the Double-top pattern. How to Trade the...
The shares of the railway infrastructure developer gained up to 4 percent after the company emerged as the Lowest Bidder (L1) from the National Highway Authority of India worth Rs 554 crore. Price Action With a market capitalization of Rs 69,128.84 crore,...
A leading railway infrastructure company witnessed a nearly 3 percent surge in its stock price after securing a Letter of Acceptance for a significant metro construction project. The order, valued at Rs.270 crore, was awarded by Maharashtra Metro Rail Corporation for...
The 200-day moving average (200 DMA) is a key technical indicator in stock analysis, often viewed as a critical support or resistance level. It represents the average closing price of a stock over the last 200 trading days, smoothing out short-term volatility and...
This Navratna PSU stock is involved in rail infrastructure projects, including track doubling, gauge conversion, new line construction, railway electrification, major bridges, and workshops. The stock has jumped 3.26% after receiving an order from East Central Railway...
One of the Railway and Navaratna PSU stocks specialises in rail projects like new lines, track doubling, and electrification and has expanded globally into metro lines, bridges, and workshops. The stock has jumped 1.58 percent after receiving orders from South Central...
This Navratna PSU Stocks engaged in railway infrastructure projects encompassing track doubling, gauge conversion, new lines, railway electrification, major bridges, and workshops. The company has won an EPC contract from South Central Railway valued at Rs. 294.95...