Mumbai: Shares of Zee Entertainment plunged 32.7% on Tuesday – the highest-ever single-day fall – on heightened pessimism around the termination of the merger deal with Sony and the likely subsequent legal and regulatory implications. Top brokerages downgraded their ratings and cut target prices on the stock as analysts believe that the share price will … Read more
Bharat Heavy Electrical Ltd (BHEL), part of the heavy electrical equipment space, has rallied by over 50% in the last 3 months and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock on dips for a possible target of Rs 227 in the next … Read more
Coforge Ltd, part of the IT industry, has rallied more than 30% in the last 3 months, which helped the stock to break out from a Saucer pattern on the weekly charts. The breakout has opened room for the stock to head towards 7000 levels in the short to medium term, suggest experts. The stock … Read more
Cantabil Retail, which is into the business of apparel manufacturing, was one of the top performing stocks on the street over the last 10 year period, rising as much as 7,300%. Accordingly, if an investor had invested Rs 10,000 in the stock 10 years ago and stayed put, the investment would have jumped to nearly … Read more
Info Edge Ltd (Naukri), part of the consumer service industry, has been trading above the breakout level of a Cup and Handle pattern on the daily charts. Short-term traders can look to buy the stock for a possible target of 5900 in the next 6-8 weeks, suggest experts. The stock gave a breakout from a … Read more
Olectra Greentech Ltd, part of the passenger vehicle industry, has rallied more than 20% in a month which helped the stock to break out from a consolidation range since July 2023. The breakout has opened room for the stock to head towards 1700 levels in the next 2-3 months, suggest experts. The stock moved in … Read more
Adani Ports & Special Economic Zone. Share Price 1171.90 12:43 PM | 08 Jan 2024 17.66(1.52%) HCL Technologies. Share Price 1446.50 12:43 PM | 08 Jan 2024 13.71(0.95%) Oil And Natural Gas Corporation. Share Price 218.50 12:43 PM | 08 Jan 2024 2.06(0.94%) Bajaj Finance. Share Price 7768.05 12:43 PM | 08 Jan 2024 56.91(0.73%) … Read more
Shares of AIK Pipes And Polymers listed at a premium of 12.36% on the BSE SME platform on Tuesday. The stock debuted at Rs 100 as against an issue price of Rs 89. Ahead of the listing, the company’s shares commanded a premium of Rs 5 in the unlisted market. The Rs 15 crore IPO … Read more
Mumbai: Hero MotoCorp rose 2.9% to an all-time closing high of ₹4,174 in Thursday’s trading, as the recent bullish wave has resulted in a technical breakout in stock, opening the likelihood of further gains of as much as 56% from current levels. Analysts are recommending investors to buy the stock on dips as business prospects … Read more
LONDON/MUMBAI: Shares of NRI billionaire Anil Agarwal-led Vedanta Resources on Friday plunged 5.59 per cent on the London Stock Exchange amid talk that it may acquire a majority stake in the Indian arm of Cairn Energy. In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on … Read more
