Mumbai: Bearish bets on stock futures of HDFC Bank, India’s most valuable lender, are at the highest level ever as concerns that the firm’s profitability is under pressure are seen weighing down its share price. Total open interest, or outstanding positions, in HDFC’s stock futures has surged by 115% to 4.19 lakh contracts – a … Read more
Coal India. Share Price 452.35 03:59 PM | 13 Feb 2024 19.56(4.52%) UPL. Share Price 479.10 04:04 PM | 13 Feb 2024 20.71(4.52%) ICICI Bank. Share Price 1019.80 03:59 PM | 13 Feb 2024 23.70(2.38%) Axis Bank. Share Price 1070.75 03:55 PM | 13 Feb 2024 24.05(2.30%) SBI Life Insurance Company. Share Price 1467.60 03:59 … Read more
State Bank of India (SBI), part of the PSU banking space, has rallied more than 20% in the last 3 months but the stock recently bounced back from 1-year consolidation range breakout levels. Short-term traders can look to buy the stock for a possible target of Rs 841 in the next 1-2 months, suggest experts. … Read more
Berger Paints Ltd, part of the paint industry, fell more than 18% from its September 2023 high to trade below its long- and short-term moving average suggests a bearish trend. Short-term traders can look to go short in the stock for a possible retest of Rs 510 levels in the next 3-4 weeks, suggest experts. … Read more
Gabriel India Ltd, part of the auto component space, underwent consolidation after hitting record high in December 2023 which has taken the shape of a Flag pattern on the daily charts. A clear breakout from the pattern could take the stock to fresh record highs above 440 in the short to medium term, suggest experts. … Read more
Mumbai: Analysts at most top brokerages trimmed or retained share price targets on Navin Fluorine International after the chemical maker posted weaker-than-expected December quarter results. The stock dropped 5.35% to close at ₹3,087 on Wednesday off its 52-week low of ₹3,030. The average analyst price target on Navin Fluorine available by Bloomberg after the third … Read more
Shares of Megatherm Induction listed with a premium of 108.3% on the NSE SME platform on Monday. The stock debuted at Rs 220 as against an issue price of Rs 108. Ahead of the listing, the company’s shares traded with a premium of Rs 111 in the unlisted market. The IPO was entirely a fresh … Read more
With company ramping up production of Range Rover and Defender, the volume for full fiscal is expected to rise 24% to 400,000 units and another 6-7% next fiscal. Synopsis The operating profit of the JLR surged 5.12 percentage points on a YoY basis to 8.8% in December quarter, taking the nine-month margin to 8.2%, driven … Read more
Shares of Refex Industries delivered jaw dropping returns over the last 10 year period, rising as much as 16,000%. Accordingly, if an investor had invested Rs 10,000 in the stock 10 years ago and stayed put, the investment would have now turned to nearly 16 lakh, according to an analysis by ET Markets. However, the … Read more
Mumbai: Shares of One97 Communications, the parent of digital payments firm Paytm, plunged 20% Thursday – the lowest tradable limit of the day – even as analysts downgraded the stock after the Reserve Bank of India directed subsidiary Paytm Payments Bank to stop offering its key services after February 29. The stock closed at ₹608.80 … Read more
